COVID-19 crushes U.S. economy in second quarter; rising virus cases loom over recoveryThe U.S. economy suffered its biggest blow since the Great Depression in the second quarter as the COVID-19 pandemic shattered consumer and business spending, and a nascent recovery is under threat from a resurgence in new cases of coronavirus. With the recovery faltering, pressure is mounting for the White House and Congress to agree on a second stimulus package.Reliance Q1 results: O2C business revenue plu...

Reliance Industries Limited (RIL) on Thursday reported a 31 per cent rise in consolidated profit at Rs 13,248 crore, including one time gain of Rs 4,966 crore

The biggest losers were Bharti Airtel and Vodafone Idea, it said, adding sector leader Reliance Jio witnessed a growth in its base

The commission would assist industry players on all matters related to design and manufacturing. It would also address hurdles of inadequate infrastructure, high cost of finance and more

Sunil Bharti Mittal said the government must also look at rationalising the levies on the sector and close long standing legal disputes that are a big drag on performance of telecom operators

The Goldman Sachs report highlighted that online grocery will be the biggest growth driver for e-commerce in India. The segment is expected to progress gradually growing 20 times over five years to reach $29 billion in size

A slowing economy and widespread stress in India Inc. are creating opportunities for promoters and strategic investors to ink M&As, buy back shares and delist

Stock Market Highlights on July 21: ICICI Bank, followed by Maruti, Kotak Bank, Axis Bank, Power Grid and HDFC Bank were among the top gainers today, while Bajaj Finserv and ITC were the top laggards.

While investor interest has flared up in the sector, the debt on balance sheet of some operators remains a concern, which has be to addressed over time, said Sathish Gopalaiah of Deloitte India

On Wednesday, billionaire chairman Mukesh Ambani said Reliance will expand e-commerce platform JioMart - which connects small retailers with consumers - to offer not just groceries but also electronics and fashion goods

During his nearly 90-minute speech at the AGM, Mukesh Ambani made two big statements for his digital businesses: Rs 33,737-crore investment from Google, and the development of homegrown 5G solutions

Stock Market Highlights on July 14: IndusInd Bank, Bajaj Finserv, Axis Bank, Bajaj Finance, Maruti and SBI were among the other laggards. On the other hand, HCL Tech, Infosys, Nestle India, UltraTech Cement and ITC were the gainers.

Stock Market LIVE Updates on July 13: RIL, Infosys, Tech Mahindra, Tata Steel, IndusInd Bank, HUL and Maruti were among the other gainers on Sensex pack today. On the other hand, Bharti Airtel and HDFC were among the top laggards

Businesses are increasingly adopting safer and smarter ways of manufacturing and delivering services

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After 20 soldiers were killed in border clashes, India has resorted to what increasingly looks like a trade war with China, targeting Chinese companies and projects in India 

Intel Capital's investment will translate into a 0.39% equity stake in Jio Platforms; with this, Intel Capital joins the list of marquee firms that have invested in Jio Platforms, taking total investment amount to Rs 117,588.45 crore

ByteDance has been prompt in compliance with the ban to win government's trust - it removed and restricted access to TikTok and Helo before authorities stepped in. Now it is trying to fix the ongoing issues with government soon

In a bitter tussle with China, the US has declared 20 Chinese companies, including Huawei and video surveillance company Hikvision, as Chinese military-controlled corporations posing a security threat to nations

Stock Market LIVE Updates on June 25: Infosys, HDFC Bank, Axis Bank, IndusInd Bank, Asian Paints, ICICI Bank and HDFC were among the top losers in Sensex pack. On the other hand, Bajaj Auto, ITC, NTPC, UltraTech Cement and Reliance Industries were among the top gainers