NEW DELHI: Reliance Industries’ partners are considering joining the arbitration that the Mukesh Ambani-run firm is planning to initiate against the government for slapping a $1.55 billion demand for “unfairly enriching” by producing natural gas belonging to ONGC. Calgary-based Niko Resources Ltd, which holds 10 pct interest in RIL-operated KG-DWN-98/3 or KG-D6 block, said the partners…
PUNE: Indonesia-based leading startup GO-JEK on Tuesday announced that it has acquired Pune-based mobile application developer Leftshift for upscaling its product development, design and engineering platforms. This is the fourth Indian start-up acquisition by the Indonesian startup. “Our partnership with Leftshift over the last one year has been an amazing experience, they…
NEW DELHI: Anil Ambani-led Reliance Group’s private equity firm has invested $12 million in real estate brokerage firm Square Yards, the realty firm said today. The brokerage firm will use the proceeds to strengthen its distribution network. Square Yards, an online to offline (O2O) real estate transaction player, has “raised US $12 million investment from…
HYDERABAD: Dell EMC, a leading provider of IT storage solutions and Pi Datacenters, a green field data centre and an enterprise class cloud service provider, on Tuesday announced a strategic partnership. Dell EMC, a part of Dell Technologies, and Pi would collaborate to leverage each other in delivering software defined storage (SDS) to customers in the India…
TOKYO: Amid India’s efforts to woo investors, Japanese industry has sought early passage of the amended Land Acquisition Bill and further relaxation of “restrictions” on foreign financing in certain sectors to ensure “free and smooth” corporate business activity by its companies in India. The recommendations have been made in a joint report of ‘India-Japan Business Leaders Forum’…
NEW DELHI: Even though there has been an impressive 21% decline in the number of TB cases in India, the country still accounted for 25% of all new TB cases globally in 2024, according to the WHO Global TB Report 2025.India’s TB incidence – new cases emerging each year – fell from 237 per lakh…
BEIJING: Alibaba Group, the e-commerce giant behind the 24-hour Singles’ Day shopping blitz, has raked up a record $17. 6 billion in the Singles Day online sales, creating a new record in global retail sales for any single day. Consumers spent more than 120 billion yuan ($17.6 billion) shopping online on leading e-commerce platform…
NEW DELHI: Software major Adobe on Friday announced it has acquired video advertising platform TubeMogul for nearly $540 million. TubeMogul is a leader in video advertising, with a single platform that enables brands and agencies to plan and buy video advertising across desktops, mobile, streaming devices and TVs. Adobe Marketing Cloud is…
BENGALURU: Government’s decision to ban 500 and 1,000 notes has met with mixed response from India Inc. While some analysts believe that it is good for the long run, some believe that it’s going to have a negative impact on the Indian economy in the short run. As a result, performance of India…
Skims underwear is displayed on a shelf at a Nordstrom store on March 25, 2025 in Corte Madera, California. Justin Sullivan | Getty Images Kim Kardashian’s Skims brand has raised $225 million in new funding led by Goldman Sachs Alternatives, valuing the shapewear and apparel company at $5 billion — up from roughly $4 billion…
