Jio Platforms has secured $10 billion from investors including Facebook Inc within a month
Corporate results would get a lot worse in the coming quarters
US-traded Chinese technology firms such as JD.com and NetEase are looking for an alternative home closer to the mainland in case tensions between Washington and Beijing escalate
Morgan Stanley said Covid-19 has relieved some apprehension relating to digital transactions
Today, a total of 21 companies, including Dabur India, Sun Pharma, and United Spirits are scheduled to announce their results.
Morgan Stanley is likely to be appointed the lead banker to manage the overseas listing, while Bank of America Merrill Lynch and Citibank may also be roped in for the IPO, another source informed.
The app is not yet available on Apple or Google Play Store and has to be downloaded from jiomart.com
Capital, Bharti Infratel, Coffee Day Resorts and Max Financial Services, this is its largest investment in Asia
A senior government official told Business Standard that nearly 50% of Bharat Sanchar Nigam Ltd's base transceiver stations were damaged by the cyclone and would take a week to be fully restored.
The govt matters less in brand and tech businesses, where consumer preferences and the building of a franchise are autonomous of policy, though policy does help in some ways, writes T N Ninan
The telecom sector body had earlier voiced against the spectrum auction due to financial stress in the sector
Business Standard brings the top headlines of the day
Total Rs 78,562 crore invested in recent weeks that value Jio Platforms for an equity value of Rs 4.91 trillion and an enterprise value of Rs 5.16 trillion
A total of 25 companies including Alembic Pharmaceuticals, IDFC First Bank, and UPL, are scheduled to announce their March quarter earnings later in the day
The Delhi government, in a major relaxation. has permitted everyone to go to office. But the Maharashtra government has gone to the other extreme by keeping offices closed till the end of May.
Airtel had, on Monday, reported Q4 loss at Rs 5,237 crore, mainly on account of provisioning for paying statutory dues, while its full year losses ballooned to a record Rs 32,183 crore.
A 12-quarter high ARPU, strong 4G subscriber addition give a boost to revenue
The company listed the pandemic as internal risks in its letter of offer for its upcoming rights issue.
Doorstep delivery is the biggest opportunity thrown open by the coronavirus crisis. Inevitably, new leaders will emerge in this landscape
Corporate results will continue to pour in throughout the week. Companies like Bharti Airtel, Bajaj Auto, Colgate Palmolive, and Dr Reddy's are scheduled to come out with their March quarter numbers