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Business News

Mukesh Ambani India's Richest For 9th Year, Dilip Shanghvi At 2nd Spot

Industrialist Mukesh Ambani was on Thursday named India's richest person for a ninth year in a row with a sharp increase in net worth to $22.7 billion, while Sun Pharma's Dilip Shanghvi was ranked a distant second with a wealth of $16.9 billion

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Australia's ANZ Settles With India's Oswals, Takes $111 Million Hit

The couple, Pankaj and Radhika Oswal, wanted A$2.5 billion from the bank following a dispute over its role selling their stake in Burrup Fertilisers in 2010

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Pak Is ''Terrorist State'', Carries Out War Crimes: India To UN

In a strong rebuttal, India said the terrorists designated by the UN continued to roam Pakistan's streets freely and operate with State support

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Content Marketing Summit Asia 2016 Set To Make A Bold Statement

The summit is expected to attract over 300 delegates on an action-packed day at the Trident Hotel, BKC Mumbai, on Friday

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Oil Bet Gone Wrong: Rusting Tankers And Rigs Clog Up Asian Waters

The fleet of mothballed giant vessels anchored around Southeast Asian waters is the physical fallout of an oil downturn heading into its third year, and a stark reminder of how badly the industry miscalculated market conditions

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India Seeks Loan From US For Nuclear Reactors, Snags Remain

In addition to US Ex-Im, India is also seeking funding from Japan and South Korea for the reactors to be built in Kovvada

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Chan Zuckerberg Initiative Pledges $3 Billion To Fight Disease

The plan includes creating a bioscience research center, called the Biohub, developing a chip to diagnose diseases, and ways to monitor the bloodstream continuously and map cell types in the body

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Sensex Soars 365 Points In Early Trade As US Fed Holds Rates

The Sensex surged by 365 points and the Nifty regained the 8,800-mark in early trade on Thursday, reversing the two-session falling trend on positive cues from other Asian markets as the US Federal Reserve kept rates unchanged

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Glorification Of Hizbul Commander Wani Is Self-incrimination By Nawaz Sharif: India

Lambasting Pakistan Prime Minister Nawaz Sharif's "glorification" of Hizbul commander Burhan Wani in his speech to the UN General Assembly, India said hailing a "self-advertised" terrorist at the forum is "self- incrimination" by the Pakistani leader

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Rafale Deal Cleared, To Be Signed On Friday

The government has cleared the much anticipated deal with France for 36 Rafale fighter jets which will cost 7.878 billion euros and will be signed on Friday in the presence of French Defence Minister Jean Yves Le Drian

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