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Business

Two Indian-origin businessmen makes it to Fortune's '40 Under 40' list

Two Indian-origin persons have been named by American magazine Fortune in its annual list of 40 most influential and inspiring young people in business under the age of 40.


Sensex sinks 642 points as crude oil woes persist

Mumbai: Market benchmark BSE Sensex on Tuesday plummeted 642 points as investors weighed India's fiscal worries due to soaring crude prices in the wake of growing geopolitical tensions in the Middle East.


LATEST HEADLINES

UK PM Keir Starmer takes ‘China matters’ message on first Beijing visit


Belagavi: Married man jumps into Malaprabha river with lover


Speaker rules out discussion on Guv''s conduct amid K''taka Assembly standoff


10 arrested in inter-state drug racket; narcotics worth Rs 4 crore seized


Rupee hits all-time low for second time in a week


Ajit Pawar's death in plane crash an accident, don't bring politics: Sharad Pawar


Domestic help held for stealing cash, jewellery from US couple's house in B'luru


Chartered Speed, EKA Mobility to deploy 1,750 electric buses in Bengaluru


Rohit identifies Arshdeep, Hardik as key to India's chances in T20 World Cup


Building castle in the air: SC irked over non-compliance of orders by states in stray dog case


'Ajit dada' made big contributions in development of Maharashtra, India: PM Modi


Karnataka open to making Tulu second additional official language: Minister




In 100 days of Modi Govt. 2.0, Rs. 12.5 lakh crore of Investors' wealth wiped out

Investors' wealth worth Rs. 12.5 lakh crore has been wiped out in the first 100 days since the second term of Prime Minister Narendra Modi's government started on May 30. At yesterday's closing, the market capitalisation or market value of companies listed on BSE stood Rs. 1,41,15,316.39 crore as against market capitalisation of Rs. 1,53,62,936.40 crore a day before PM Modi's government came to power.

Alibaba's Jack Ma steps down as industry faces uncertainty

Jack Ma, who founded Alibaba Group, the world's biggest e-commerce company, is stepping down as chairman at a time when the rapidly changing industry faces uncertainty amid a US-Chinese trade war.

Maruti Suzuki announces 2-day shutdown of Gurugram, Manesar plants

New Delhi: India's biggest carmaker Maruti Suzuki today announced no-production days at Gurugram and Manesar plants on 7th September and 9th September 2019.

Maruti Suzuki terminates 3000 contractual jobs in India

Maruti Suzuki Chairman R.C. Bhargava said on Tuesday the company had not renewed the contracts of 3,000 temporary employees, as the automaker battled rising inventory amid a slowdown in demand.

Amazon inaugurates its world largest campus in Hyderabad, can accommodate 15,000 employees

Hyderabad: US-based e-commerce giant Amazon on Wednesday inaugurated its new campus here - its largest facility globally - that will house 15,000 of its employees in India.

 

Economic slowdown 'very worrisome', new set of reforms needed: Former RBI Governor Raghuram Rajan 

New Delhi: Former RBI Governor Raghuram Rajan has called slowdown in the economy "very worrisome" and said the government needs to fix the immediate problems in power and non-bank financial sectors and come out with a new set of reforms to energise private sector to invest.

 

China's industrial output hits 17-year low

Beijing: China's economy showed further signs of strain in July with output at its factories falling to its lowest level in 17 years, while investment and retail sales slowed, official data showed Wednesday.

 

Ambani to sell stake to Aramco, BP to make Reliance debt-free by March 2021

On a mission to cut debt in Reliance Industries, billionaire Mukesh Ambani on Monday announced plans to sell stakes in the firm's oil and chemicals business to Saudi oil giant Aramco and in fuel retail network to BP plc for Rs 1.15 lakh crore, and said its telecom unit Jio will begin offering fibre-based broadband services from next month.

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