Business- Page 96

Mumbai: A slew of domestic and global negative cues weighed on the Indian rupee that continued its weakening streak for the sixth consecutive session . The domestic currency hit a fresh lifetime

Singapore: Facebook said it will invest over USD 1 billion to build a data centre in Singapore, its first in Asia, powered by renewable energy and adapted to the city-state’s tropical climate.

New Delhi: Commerce and industry minister Suresh Prabhu said that transactions on the government’s e-marketplace (GeM) will reach $ 100 billion in next three years. The minister said that GeM should consider

New Delhi:Finance Minister Arun Jaitley attributed the fall in rupee to global factors and stressed that the domestic unit was better off as compared to other currencies. The rupee’s unabated fall continued

New Delhi:Amid apprehensions that its April 10 circular on beneficial ownership of offshore funds could cause potential capital outflows of $75 billion, the Securities and Exchange Board of India (Sebi) said on

Mumbai :With the continued fall in the rupee, economists and bond market participants expect the Reserve Bank of India (RBI) to hike rates in its October policy. The rupee closed at 71.57

New Delhi :India’s services sector activity fell in August from July’s 21-month peak as new business orders declined, following which firms raised their staffing levels at a modest pace amid rising input

NEW YORK: Amazon.com Inc joined Apple Inc in the $1 trillion club, becoming the second member of the group after its stock price doubled in 15 months. If the online retailer`s share

Mumbai:Tata Sons Ltd is set for a windfall of as much as Rs 12,603 crore from Tata Consultancy Services (TCS) Ltd through share buybacks and dividend income in the first half of

NEW DELHI: Indian airlines are expected to post combined losses of up to $1.9 billion this financial year led by full-service carriers like Air India and Jet Airways driven by rising costs