Govt seeks details of Apple’s proposed investments in India

Govt seeks details of Apple’s proposed investments in India

The government has sought investment and job creation details from iPhone maker Apple in order to facilitate setting up its proposed manufacturing facility in India. A view on Apple’s application for tax concessions would be taken up after considering the...
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Mukesh Ambani blinks, drops gas price challenge against govt

Mukesh Ambani blinks, drops gas price challenge against govt

Billionaire Mukesh Ambani-led Reliance Industries and its British partner BP plc have withdrawn a legal challenge they had mounted three years back against the government over delay in gas price revision. The withdrawal of the arbitration will now entitle the....
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Qatar Airways seeks up to 10% stake in American Airlines

Qatar Airways seeks up to 10% stake in American Airlines

Qatar Airways, its Middle Eastern business pressured by a diplomatic row with neighbours, is seeking as much as a 10% stake in American Airlines, the US carrier said. The surprise investment push by Qatar Airways was disclosed by American Airlines...
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Diageo Buys George Clooney’s Tequila Casamigos For $1 Billion

Diageo Buys George Clooney’s Tequila Casamigos For $1 Billion

London: Diageo, the British maker of alcoholic drinks, said Wednesday it had agreed to buy Casamigos, an upscale tequila brand co-founded by Hollywood star George Clooney, in a deal worth up to $1 billion. “This is an exciting opportunity for...
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Honda fears sudden cut-off from EU customs union could cripple UK car supply chains

Honda fears sudden cut-off from EU customs union could cripple UK car supply chains

Britain’s departure from the European Union’s customs union would ramp up costs for small and medium-sized car part suppliers to such an extent that supply chains could seize up, a senior European executive at Honda said on Tuesday. Ian Howells,...
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Sensex Rebounds Over 100 Points, Nifty Above 9,600

Sensex Rebounds Over 100 Points, Nifty Above 9,600

Mumbai: The BSE Sensex rebounded 107 points and the NSE Nifty reclaimed the 9,600-mark today, propelled by the exports growth in May amid mixed Asian cues. The 30-share index recovered sharply by 107 points, or 0.34 per cent, to 31,182.73,...
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