Tuesday, August 16, 2022
HomeBusiness

Business

In the first quarter of current fiscal year, IRCTC revenue increased by 250%

The Indian Railway Catering and Tourism Corporation (IRCTC) has revealed its first-quarter results, which ended on June 30. The Indian Railways' ticketing, catering, and tourist division revealed that income jumped by 250 percent year on year to 852.6 crores due...

Latest News

RBI announces Rs 50,000 crore liquidity support to ease pressure on mutual funds after Franklin Templeton winds down 6 India funds

After US-based a global investment firm, Franklin Templeton decides to winddown 6 debt schemes in India, the Reserve Bank of India on Monday morning announces Rs 50,000 crore liquidity support to ease pressure on mutual funds.

Coronavirus: Mumbai airport formulates safety measure to ensure passengers safety

Coronavirus: Ensuring passengers safety, Mumbai airport has now formulated standard operating procedures--which include social distancing, stringent thermal screening, positioning temporary quarantine centres and also continues to sanitise and disinfect the airport to ensure safety and well-being of the passengers when operations resume.

India’s aviation industry to suffer $11.2 billion revenue loss, 2.9 million jobs at risk due to COVID-19 crisis, says IATA

IATA: According to the International Air Transport Association (IATA), India's aviation industry might suffer a revenue loss of 11.2 billion dollars this year, while 2.9 million jobs at risk as passengers confidence will also be hit by personal economic.

Coronavirus crisis: Franklin Templeton decides to shut 6 India funds over liquidity crisis

Coronavirus crisis: US-Based Franklin Templeton on Thursday decides to close 6 fund houses in India due to liquidity crisis and severe market dislocation.

Mukesh Ambani becomes Asia’s richest after Reliance Jio-Facebook deal

Reliance Jio's head honcho Mukesh Ambani has become the richest man in Asia after Reliance Jio-Facebook deal. His fortune rose from $4.7 billion to $49.2 billion on Wednesday.

Facebook’s $5.7 billion investment in Reliance Jio analysed

Facebook has recently announced $5.7 billion investment in Mukesh Ambani’s Reliance Jio for 9.99% stake to bring JioMart to users via WhatsApp. Let’s look at why this deal is a win-win for both parties

Mukesh Ambani says Reliance Jio-Facebook deal will accelerate India’s digital economy to empower and enrich people

US tech titan Facebook announces investment of Rs 43,574 crore ($5.7 billion) in Reliance Jio, the telecom unit of Reliance Industries Ltd (RIL) for a 9.99 percent stake.

Must read