Zomato CEO Deepinder Goyal has announced the company's investments in startups such as Curefit, Shiprocket and Magicpin, and said the company will invest another $1 billion into more companies over the next couple of years. Zomato said...

The tourism and hospitality industry is one of the worst hit during the ongoing pandemic but as the world is preparing for the post-pandemic era there are some positive signs for the revival of the industry. With that said, it is also important...

In yet another attempt to address the liquidity concerns in the construction sector, the government has decided to pay 75 per cent of the contract amount due to the contractors even if such payment is disputed and under arbitration. This move...

Paytm's Rs 18,300-crore IPO on Wednesday was oversubscribed 1.89 times with the foreign institutional investors flooding the issue with offers even as the domestic mutual funds and high net worth individuals largely stayed away from the...

Finance Minister Nirmala Sitharaman is scheduled to meet heads of public sector banks (PSBs) next week to review performance of the lenders and progress made by them to support the economy battered by COVID-19 pandemic. Banks would be urged to...

Domestic rating agency Brickwork Ratings on Monday has revised its growth estimate for the country’s gross domestic product (GDP) to 10-10.5 per cent in the current financial year from an earlier expectation of a 9 per cent growth. Many...

After a hiatus of two years owing to the ongoing COVID-19 pandemic, the West Bengal government will host the Bengal Global Business Summit (BGBS) in April of next year, a highly placed government official said. The business summit, which is a...

The countdown for founder Tata Group of re-acquiring Air India 68 years after the Maharaja was nationalised has begun. They have to take control and start running AI, AI Express and AI-SATS (in which 50% stake is with the new owners)...

Energy Secretary N. Srikant announced the government's decision to purchase 7,000 MW of solar power from the Solar Energy Corporation of India (SECI) in three phases starting in 2024 at a cost of 2.49 per unit, citing it as a better,...

The hospitality industry is an industry vertical that suffered a lot due to the ongoing pandemic. Many jobs were lost and many businesses operating in this stratum had to shut shop permanently owing to the adverse economic effects caused by the...