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BusinessToday.In
New Delhi, September 10, 2018
Daniel Zhang, popularly known Xiaoyaozi (free and unfettered one) among Alibaba's 86,000 employees, is credited with leading Alibaba's mobile-first strategy and strategic acquisitions like Youku Tudou.


Associated Press
New Delhi, September 10, 2018
In a letter released by Alibaba, Ma said he will be succeeded by CEO Daniel Zhang. Ma handed over the CEO's post to Zhang in 2013 as part of what he said was a succession process developed over a decade.


Reuters
September 8, 2018
Alibaba Group Holding Ltd's billionaire co-founder Jack Ma will announce a succession plan on Monday to hand the reins of his sprawling empire to a new generation of leaders but will remain executive chairman for the time being.


PTI
September 8, 2018
Alibaba co-founder and chairman Jack Ma plans to retire from the Chinese e-commerce giant on Monday to devote his time to philanthropy focused on education, he told the New York Times in an interview.


BusinessToday.In
August 20, 2018
Alibaba co-founder Jack Ma is said to be in talks to acquire a large stake in Mukesh Ambani-led Reliance Retail with an investment of $5 billion to take on Flipkart and Amazon.


BusinessToday.In
August 13, 2018
Jio's broadband service JioGigaFiber will launch with plans priced as low as around Rs 500 a month.


BusinessToday.In
New Delhi, August 1, 2018
Reliance Industries overtakes TCS as India's most-valued companyReliance Industries headed by India's richest man Mukesh Ambani has just snatched back the tag of the country's most valued company in terms of market capitalisation. As of 1 pm yesterday, the m-cap of Reliance Industries (RIL) stood at Rs  7.47 lakh crore, overtaking Tata Consultancy Services (TCS), becoming India's first 7.5 lakh crore company in stock market history. The IT bellwether had first replaced RIL ...


BusinessToday.In
July 31, 2018
After pumping in billions to build 4G LTE infrastructure for mobile connectivity, Reliance Jio is gearing up for another challenge - its newly announced JioGigaFiber roll out.


BusinessToday.In
July 31, 2018
The IT bellwether had first replaced RIL as the most valued firm more than five years ago. And, in the bargain, Ambani's net worth has also shot up, since he holds a 44.5 per cent stake in the company.


BusinessToday.In
New Delhi, July 17, 2018
Trai says people should have rights over their data and that those holding such data are mere custodians of it; LIC forced to buy IDBI bank to prevent it from going bust which is not the smartest move considering the bank's bad debts and an unhealthy loan book; Jeff Bezos, the founder of Amazon.com, has become the richest man in history with a personal wealth of $150 billion and why he's different from Warren Buffet and Bill Gates. BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly.


BusinessToday.In
New Delhi, July 17, 2018
Bezos' net worth increased by $52 billion over this year. To put it in perspective, that is more than the entire fortune of Alibaba co-founder, Jack Ma.


BusinessToday.In
New Delhi, July 13, 2018
As RIL stock surged to a record high of Rs 1,101 after touching an all-time high of 1,106.65 during the day on Friday, the net worth of Mukesh Ambani -- who holds 44.5 per cent stake in the company -- also jumped to $44.3 billion.


BusinessToday.In
New Delhi, July 11, 2018
As the backlash on Twitter showed no signs of subsiding, the Ministry of HRD issued a statement clarifying how Jio Institute came to be picked. It clarified that Jio Institute was chosen under the greenfield category.


BusinessToday.in
New Delhi, July 10, 2018
China agrees to cut tariffs on Indian cancer drugsChina said on Monday it had reached an agreement with India to reduce tariffs and increase imports of Indian medicines, particularly anti-cancer drugs. The decision was part of its efforts to broaden trade relations amid its on-going spat with the United States. Both India and China slashed import tariffs of a range of products starting July 1, following the fourth round of negotiations under the Asia Pacific Trade Agreement (APT...


BusinessToday.In
July 9, 2018
Facebook's stock has not only recovered from the hammering it took in the wake of the Cambridge Analytica privacy scandal earlier this year, but spiked 2.4 per cent to hit an all-time high on Friday.


BusinessToday.In
New Delhi, July 6, 2018
The Reliance Foundation, which supports over 30 children and old age homes across Mumbai, provides essential supplies, including food and daily consumables to over 3,500 needy people in the city.


BusinessToday.In
New Delhi, July 6, 2018
ED initiates extradition process against Nirav Modi under MLATWith the permission of special PMLA Court, the Enforcement Directorate (ED) has begun the extradition process against diamantaire Nirav Modi in $2-billion PNB loan fraud case under PMLA. Till now, the extradition has been sought from UK, Belgium and a few other countries. But that's not all. The agency is also working on another strategy, i.e. MLAT. Sources told Indiatoday.in that the agency is also making a request for...


Mail Today Bureau
July 6, 2018
Mukesh Ambani said at the oil-to-telecom giant's 41st annual general meeting that the company will begin registrations for its fibre-to-home service JioGigaFiber from August 15.


Karan Dhar
July 5, 2018
The world's largest producer of polyester fibre is now aiming to connect 50 million homes with its high-speed optic fiber network.


BusinessToday.In
New Delhi, June 20, 2018
Court summons Chidambaram's wife, son over black money complaintA special court for economic offence cases has summoned former union minister P Chidambaram's wife, son and daughter-in-law to appear on June 25 in connection with the prosecution initiated by the Income Tax Department under the Black Money Act. The special court issued summons to Nalini Chidambaram, Karti Chidambaram and his wife Srinidhi on the basis of a complaint filed by the Income Tax Department over alleged n...


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