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Reliance, Viacom18 ink pact with Bodhi Tree Systems to form TV, digital streaming platforms
Reliance, Viacom18 ink pact with Bodhi Tree Systems to form TV, digital streaming platforms

New Delhi,  Reliance and Viacom18 on Wednesday announced a strategic partnership with Bodhi Tree Systems -- a platform of James Murdoch's Lupa Systems and Uday Shankar -- to form one of the largest TV and digital streaming companies in India.

Bodhi Tree Systems is leading a fund raise with a consorti

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India Inc. mourns passing of IL&FS ex-boss Ravi Parthasarathy
India Inc. mourns passing of IL&FS ex-boss Ravi Parthasarathy

Mumbai,  A India Inc. on Thursday mourned the passing of Ravi Parthasarathy, considered the trailblazer of the PPP model and the former CEO and Chairman of the 35-year-old failed Infrastructure Leasing & Financial Services (IL&FS), who succumbed to a four-year-old battle with cancer.

Several play

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PhonePe offers cashback on gold, silver purchases via its app
PhonePe offers cashback on gold, silver purchases via its app

New Delhi, Digital payments company PhonePe on Thursday announced exciting offers on the purchase of gold and silver via the app on the auspicious occasion of Akshaya Tritiya.

Users can buy the highest purity 24K gold through the app and choose to either accumulate it in bank grade insured lockers with zero hassle

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Cotton yarn rates to be announced in May, TN Textile mills expect reduced prices
Cotton yarn rates to be announced in May, TN Textile mills expect reduced prices

Chennai, The Textile mills in Tamil Nadu are expecting a reduced price for Cotton yarn that is to be announced in May.

Presently, the price of Cotton yarn in Tamil Nadu for all varieties is in the range of Rs 400 per kg.

The traders and industry is expecting a reduced price as the production of Cott

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Mukesh Ambani plans takeover bid for UK high street chain Boots
Mukesh Ambani plans takeover bid for UK high street chain Boots

New Delhi,   Indian billionaire Mukesh Ambani is reportedly planning a takeover bid for the UK high street chain Boots, a media report said.

Ambani is the biggest shareholder and chairman of retail-to-energy group Reliance Industries.

Reliance is reportedly working on the potential bi

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IndiGo's plane with GAGAN lands using LPV approach
IndiGo's plane with GAGAN lands using LPV approach

Chennai,  IndiGo Airlines owned by InterGlobe Aviation Ltd on Thursday became the first airline in Asia to use the Localiser Performance with Vertical Guidance (LPV) Approach, the airline said.

In a statement, the company said the airline conducted the LPV approach on its ATR 72-600 aircraft, equipped wi

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CAIT welcomes CCI's raid on Amazon's seller Cloudtail, Apario
CAIT welcomes CCI's raid on Amazon's seller Cloudtail, Apario

New Delhi,  The Confederation of All India Traders (CAIT) has complimented the Competition Commission of India (CCI) for conducting raids on the offices of Cloudtail and Apario, both sellers of Amazon.

It is a much awaited welcome step of CCI which will surely vindicate the substance of various complaint

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Spark Capital negative on broadcasters, gives 'sell' call for TV18 shares
Spark Capital negative on broadcasters, gives 'sell' call for TV18 shares

New Delhi, Financial advisory firm Spark Capital has given a "negative" outlook on all broadcasters and especially a "sell" call on TV18 shares.

It pegged the target price at Rs 38 as against the current share price of Rs 62.

"Even with Uday Shankar at helm, we believe

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TV18 shares down 17%, Network 18 Media at 20% lower circuit
TV18 shares down 17%, Network 18 Media at 20% lower circuit

New Delhi,  Shares of TV18 and Network 18 Media & Investments plunged sharply on Thursday.

At 3.29 p.m., the shares of the two entities traded at a 16.7 per cent and 20 per cent lower circuit, respectively.

As per reports, investors booked profit in these shares after Reliance and Viac

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Musk wins $13 bn suit over Solar City deal
Musk wins $13 bn suit over Solar City deal

San Francisco,  A US judge has sided with Tesla CEO Elon Musk in a hefty lawsuit brought by Tesla shareholders, which accused the executive of coercing the electric vehicle company's board into buying SolarCity back in 2016.

According to TechCrunch, seeking as much as $13 billion in damages, the shar

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