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Business

Railway engineer held for duping people with fake purchase orders

 Mumbai: A railway engineer was arrested by Mumbai Crime Branch from Gwalior in Madhya Pradesh on Friday for allegedly duping people to the tune of several crore rupees by promising them supply contracts and showing them fake purchase documents, an official said.


Reliance Industries Q2 net falls 15% on weak oil business

New Delhi: Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday reported a 15 percent drop in second-quarter net profit after a slump in core oil and chemicals business dragged down continued good showing in consumer-facing verticals such as telecom.


LATEST HEADLINES

IndiGo cancels over 1,000 flights on Friday; expects situation to normalise by Dec 10-15: CEO


K'taka govt, Taiwan's Allegiance Group sign MoU to establish industrial technology innovation park


CBI books ex-AAI chairman for corruption in contract for food and beverage operator at airports


Cong says LoPs not invited to Putin banquet, takes swipe at Tharoor for accepting invite


Russian drone strike kills 12-year-old boy in Ukraine as peace talks kept under wraps


SC grants bail to man booked under UAPA as chargesheet not filed within stipulated period


Five engineering students killed as car rams into truck in Andhra


No intervention in foundation stone-laying of Babri-style mosque in Murshidabad, says Cal HC


Temple money belongs to deity, cannot be used to save cooperative banks: SC


Adults can be in live-in relationship even without attaining marriageable age: Rajasthan HC


Three militants arrested in Manipur for threatening Sangai festival participants


Karnataka's Bill against Hate Speeches conspiracy against Hindutva activists: Pramod Muthalik




Bidding for Air India to be done on enterprise value: Civil Aviation Minister Hardeep Singh Puri

New Delhi: Civil Aviation Minister Hardeep Singh Puri on Thursday said bidding for Air India would be done on the basis of its enterprise value instead of equity value.

Amazon executives depose before parliament panel, quizzed about revenue & tax paid in India

New Delhi: Days after Amazon refused to appear before the parliamentary panel on the data protection bill, its top executives in India on Wednesday deposed before the committee and were questioned about the company's revenue model and how much tax it pays in the country.

Parliamentary panel on data protection bill summons Jio, Airtel, Uber, Ola, Truecaller

New Delhi: A Joint Committee of Parliament issued a notice on Wednesday calling representatives of telecom operators Reliance Jio and Airtel and cab aggregators Ola and Uber to depose before it on the issue of data security.

Rupee recoups day's losses, ends 13 paisa higher against USD

Mumbai: The rupee staged a rebound from the day's lowest level to settle 13 paise higher at 73.71 against the US dollar on Tuesday, buoyed by upbeat domestic equities and greenback selling by exporters.

FIR lodged over hacking of Amazon Prime customer's account

Noida (UP): An FIR was filed over an alleged fraud and hacking of an Amazon customer's account on the e-commerce giant's website, officials said on Friday.

Govt imposes stock limits on onion traders to check prices

New Delhi: To boost domestic supply and provide relief to consumers from rising onion prices, the Centre on Friday imposed stock limits on both retailers and wholesales with immediate effect till December 31.

Reliance raises Rs 7,350 cr from GIC, TPG through retail unit stake sale

Reliance Industries on Saturday announced Rs 7,350 crore investments by Singapore sovereign wealth fund GIC and global private equity firm TPG Capital in its retail unit, taking the total fundraising in the last one month to Rs 32,197.50 crore.

Vodafone Idea posts highest-ever loss by an Indian firm at Rs 73,878 crore in FY20

Vodafone Idea, the country's third largest telecom operator, on Wednesday reported a staggering Rs 73,878 crore of net loss in fiscal ended March 2020 - the highest ever by any Indian firm - after it provisioned for Supreme Court mandated statutory dues.

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