Internet Mocks Anant Ambani Again. This Time Over His Speech

Anant Ambani, youngest son of Reliance Industries Chairman Mukesh Ambani, is no stranger to internet trolls. Back in 2016, Anant Ambani was the talk of social media with his inspirational physical transformation for his 21st birthday by losing 108 kilos in 18 months. All that online praise was preceded...

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Mukesh Ambani Bails Out Brother Anil Fuelling Record RCom Share Rally

Shares of Anil Ambani's struggling wireless carrier extended this month's heady run-up after his billionaire brother Mukesh agreed to buy the company's spectrum, mobile-phone towers and fiber assets, providing a cash infusion that will be used to help stave off insolvency.The stock surged 21 percent...

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TCS Faces US Trial in Case That Alleges Anti-American Bias

India's Tata Consultancy Services Ltd. will have to defend itself at a US trial over claims that it's biased against American workers.A federal judge in Oakland, California, on Wednesday rejected a request from the information technology outsourcing giant to dismiss a 2015 lawsuit accusing it of violating...

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Cyrus Mistry gets relief in Rs 500 crore defamation case filed by R Venkataramanan

The Mumbai sessions court has given relief to former Tata Sons Chairman Cyrus Mistry and his family's investment firms from the criminal defamation suit filed by R Venkataramanan, managing trustee of Tata Trusts.Revoking the summons issued by a magistrate to Mistry and others in July, the judge observed...

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India To Overtake UK, France; Become Fifth-Largest Economy In Dollar Terms

India looks set to overtake Britain and France in 2018 to become the world's fifth-largest economy in dollar terms, a report showed today. The Centre for Economics and Business Research (Cebr) consultancy's 2018 World Economic League Table showed an upbeat view of the global economy, boosted by cheap...

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All McDonald’s Outlets In North, East India May Shut Soon, Warns Partner

McDonald's estranged joint venture partner Vikram Bakshi today said nearly all outlets of the fast-food chain in east India has been shut and several others in the north are on the verge of close down due to discontinuation of supplies by its logistics partner. All in all there are 80 outlets that have...

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SEBI Raids Brokers In Probe Over WhatsApp Messages

Dozens of SEBI officials descended on the homes of brokers and others on Friday in a widespread early morning raid in Mumbai, and possibly other cities, a regulatory source said. The Securities and Exchange Board of India (SEBI) raids are a sign that a probe by the regulator is gathering steam. The investigation...

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Tata Consultancy Services (TCS) Wins $2.25 Billion Outsourcing Contract

India's biggest IT services company, Tata Consultancy Services (TCS), has bagged a $2.25-billion outsourcing contract from Nielsen, a television rating measurement firm. The partnership, signed in October this year, is a renewal of TCS' existing collaboration with Nielsen. The two companies had struck...

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Twitter Seeks Business Ad Dollars With Live News, CEO Tweets

Twitter Inc is turning its spotlight onto a new demographic in its bid to lure more advertising dollars to its social media platform: deep-pocketed business users.The microblogging service has 330 million monthly active users but has struggled to turn its popularity into profit, losing out to rival Facebook...

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US House Passes Tax Bill; Donald Trump Says It Means ‘Jobs, Jobs, Jobs, Jobs’

The Republican-controlled US House of Representatives gave final approval on Wednesday to the biggest overhaul of the US tax code in 30 years, sending a sweeping $1.5 trillion tax bill to President Donald Trump for his signature.In sealing Mr Trump's first major legislative victory since he took office...

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