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5 mins read

Here’s why Asia’s richest man Mukesh Ambani is on a shopping spree for private fashion labels

Reliance Industries (RIL) Chairman Mukesh Ambani, who has a net worth of over $95 billion, has been…

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4 mins read

Akash Ambani’s keeping up the family tradition of breaking into global lists

Akash Ambani’s keeping up the family tradition of breaking into global lists

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2 mins read

Netflix tumbles 9% even as major indexes hit record highs as at-home stocks dive on positive vaccine news

Selling in Netflix stock may be premature, as an August survey suggested that many of its customers…

Matthew Fox   


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2 mins read

TPG to acquire Adar Poonawalla-led group’s housing finance arm at ₹3,900 crore valuation

US-based private equity major TPG has agreed to acquire the housing finance arm of Adar Poonawalla-…

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3 mins read

IPL franchise owners purchase all six teams in South Africa's upcoming new T20 League

IPL franchise owners of teams like Mumbai Indians, Chennai Super Kings, Lucknow Super Giants, Sunri…

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1 min read

Supreme Court allows Future Retail to approach Delhi High Court for Reliance Retail deal

A bench headed by Chief Justice N.V. Ramana asked the high court to pass an appropriate order wh…

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2 mins read

Sensex tumbles over 600 pts; Nifty drops below 9,000 mark amid volatile trade

After hitting a low of 30,541.97, the 30-share index was trading 581.75 points or 1.87 per cent…

PTI   


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Macrotech Developers’ IPO has low home loan interest rate playing in its favour — but high debt and COVID-19 pandemic cloud its prospects

Macrotech Developers’ ₹2500 crore IPO hits the market after a decade of anticipation — but should y…

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4 mins read

Home prices are plummeting everywhere but the US. Blame America's favorite mortgage.

Homebuyers across the world are getting big discounts, but in the US, the 30-year, fixed-rate mortg…

Jacob Zinkula   


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3 mins read

Five banks that offer cheaper home loan rates in India

The home loan segment has been in the limelight over the past two years as mortgage rates have been…

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5 mins read

Indian stock markets tank nearly 2% — here are the top losers in IT, Banking and other sectors

The Indian stock markets opened on a negative note today following their global peers, triggered by…

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3 mins read

HDFC and HDFC Bank announce merger of India’s largest housing finance company with the largest private bank

HDFC and HDFC Bank have announced a transformational merger today. With this, HDFC will merge into…

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3 mins read

Nifty tops 17,000 points to set a new record ⁠— the fastest 1,000 point rally in the history of India’s benchmark index

It took less than a month for Nifty 50, India’s benchmark equity index, to climb to 17,000 from 16,…

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2 mins read

Home loan rates are unlikely to go down any further as RBI keeps rates unchanged

Home loan rates will not be going down further as the Reserve Bank of India (RBI) has maintained th…

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3 mins read

Gautam Adani and Mukesh Ambani cumulatively lost nearly $7 billion as the markets plunged

Two of the richest men in India, Gautam Adani and Mukesh Ambani, saw $7 billion of their wealth wip…

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4 mins read

As Reliance Jio turns three, another telecom venture of Mukesh Ambani is counting down to its end

It's been three years since Mukesh Ambani launched Jio, a business that is close to his heart. More…

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2 mins read

The leadership from Asia, and India in particular, will be at the heart of Global Trends Festival 2020

Asia is not just the centre of the pandemic, it also has the potential to be the epicentre of the r…

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8 mins read

Being a Tata, Birla, Ambani or Mahindra Group company is not enough for this Indian fund manager

“I haven’t yet found a company in India, which manages to do more than two things well. I am lookin…

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1 min read

Anil Ambani’s Reliance Capital repays ₹72.6 crore loans; stock tanks

This amount includes the payment the company has made in both interest and principal. “Thi…

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2 mins read

The auditor to Anil Ambani firm Reliance Capital says it wasn't allowed to do its job

Top accounting firm PriceWaterhouseCoopers (PwC) resigned as Reliance Capital and Reliance Home F…