Reliance Industries Chairman Mukesh Ambani had stated that \"data is the new oil\", and India's data must be controlled and owned by Indian people and not by corporates, especially global corporations

Reliance Industries Ltd is looking to buy fashion and child-focused retailers abroad, Mother Dairy increases price of cow milk by Rs 2 to Rs 44 a litre in Delhi-NCR and more news on News Blast.

India's domestic market for computer services is forecast to grow faster than their exports, fuelled by the government's Digital India programme and the country's burgeoning start-up environment, according to an UN report.

Telecom Minister Ravi Prasad has also sought the Rs 36,000 crore collected as input tax credit collected from the telecom companies to be adjusted against future GST charges.

According to the Paytm founder, ESOPs worth $150 million were sold by Paytm's employees to New York-based investors nearly three months back valuing the company at $15 billion, compared to $12 billion last year when Berkshire Hathaway came on board

Although the amount for the acquisition deal has not been disclosed yet, it is expected to be far short of $1 billion that Tumblr fetched when it was acquired by Yahoo

Recent events involving DoT have sparked debate over its overbearing methods of handling the telecom sector and, in a way destroying it rather than promoting it

For nearly 16 years, DoT and telcos were at loggerheads as they differed on the adjusted gross revenue (AGR) calculations

In a fund starved market, private equity firms with oodles of cash are stepping in to pick up anything they can. But there are dangers

Airtel and Vodafone had been fined Rs 1,050 crore each, whereas Idea had to pay Rs 950 crore. Since Vodafone and Idea merged in 2018, the new entity will have to bear the burden of both telcos

RCom was admitted in the National Company Law Tribunal for insolvency proceedings in February becoming the first Anil Ambani group company to be officially declared bankrupt

IT firm Cyient stock fell the most on BSE, after hitting a fresh 52-week low, as the company recorded losses in its Q1 earnings report.

Lenders plan to call bids for Jet Airways' asset sale by July 20The lenders to the bankrupt Jet Airways, who met here Tuesday for the first time since the carrier was sent to the NCLT, are understood to have decided to call for expressions of interest to sell the meager assets of the airline by Saturday. The insolvency resolution professional for the airline Ashish Chhawchharia and the lenders led by State Bank will be laying down the bidding criteria, a source told PTI.Mukesh Amb...

In March, with a dramatic intervention, Mukesh Ambani saved his younger brother from imprisonment by paying the dues of Rs 580 crore owed by Anil's firm to the Swedish telecom equipment maker Ericsson