Banking

Airtel Africa Planning To Sell 4,500 Towers To Reduce Its $3.5 Bn Debt

Airtel has a repayment of 750 million euros ($890 million) due in May, while an installment of $505 million is due in Ma... Read more

Auto Sales Could Hit Speedbreaker With Spike In Rural Covid-19 Cases

Rural India accounted for 18% of new infections in June, and as much as 40% in Sept; The spike appears to have an invers... Read more

India's Smartphone Mkt Grows 17% With Shipment Of 54.3 Mn Units In Q2: IDC

India smartphone market shipment grew 17% with record shipments of 54.3 million units in Q2 even as markets like China a... Read more

Yamaha Ties Up With Amazon India To Sell Apparels, Accessories Online

Two-wheeler maker India Yamaha Motor on Saturday said it has tied up with Amazon India to sell its range of apparels and... Read more

In Letter To Sebi, Amazon Claims Future Retail Is Misleading Public: Report

Amazon said Future's news release and stock exchange disclosures violated Indian regulations, urging the regulator to in... Read more

IndiGo Sees Demand Inching Up, Reduces Leave Without Pay For Pilots

Airbus A320 and A321 pilots will have leave without pay of three days per month and for captains of regional aircraft fl... Read more

Apple Launches All-in-one Subscription Plan 'Apple One' At Rs 195 A Month

Apple has made its all-in-one subscription bundle called Apple One available that will bring together Apple Music, Apple... Read more

RIL Profit Slips 15% To Rs 9,567 Crore As Covid-19 Hits Oil Business

Revenue in line with estimates; profits beat expectations partly due to lower taxes; Ebitda for refining biz declines 21... Read more

IndiGo To Cut Fleet Size Over The Next Two Years Amid Covid-19 Pandemic

IndiGo, operated by InterGlobe Aviation Ltd., hasn't engaged in any major renegotiation with Airbus SE on new deliveries... Read more

Lubrizol, Grasim Industries Partner For India's Largest CPVC Resin Plant

The project will be done in two phases, with the first phase of production expected to be operational in late-2022 Read more

Mumbai Airport Handles Over 1.8 Mn Flyers Via 24,036 Flights In Jun-Sept

During the same period, the airport registered over 16,886 ATMs in domestic operations with over 15,55,700 passengers fl... Read more

RIL Secures Rs 7,558 Cr Investment In Digital Fibre Infrastructure Trust

The fibre optic unit, which was earlier part of Reliance Industries Limited's (RIL) subsidiary Reliance Jio, has a debt ... Read more

Malabar Gold To Invest Rs 240 Cr To Open 9 Showrooms In India, Overseas

Jewellery retailer Malabar Gold and Diamonds on Friday said the company is planning to invest Rs 240 crore to open nine ... Read more

AirAsia Says $72 Million Loan Was Obtained In Appropriate Manner

More than half the loan amount was to establish and operate a digital food supply chain and cold chain facilities in Sab... Read more

Will Not Shy Away From Tariff Hike: Vodafone Idea CEO Ravinder Takkar

While the telecom company's second-quarter loss narrowed to Rs 7,218 crore, its operational performance was weaker compa... Read more