BP pays Reliance $1bn to set up petrol station venture

BP will hold 49% and Reliance the remaining 51% in the new company called Jio-bp, which will expand Reliance’s current 1,400 retail sites up to 5,500 over the next five years, the pair said in a statement on Thursday after announcing the venture last August.Want to know more on BP pays Reliance $1bn to set up petrol station venture click here go to market news source. Market news...

Cos, e-tailers need to display country of origin: Paswan

Consumer affairs minister Ram Vilas Paswan on Thursday said state governments have been directed to strictly enforce the provision that requires companies and e-commerce players to display the 'country of origin' on all products. The provision of declaration of 'country of origin' has been in place since January 2018 for all manufacturers, importers and e-commerce players.Want to know more on Cos, e-tailers need to display country of origin:...

PM Modi woos global companies with investment-friendly business environment

Wooing global companies, Prime Minister Narendra Modi on Thursday said his government's self-reliant India campaign is not about being closed to the world and Asia's third-largest economy continues to be one of the most open in the world that offers investment-friendly and competitive business environment.Want to know more on PM Modi woos global companies with investment-friendly business environment click here go to market news source. Market news summary...

TCS Q1 net profit dips 13.81% to Rs 7,008 crore

IT services major Tata Consultancy Services (TCS) on Thursday reported a 13.81 per cent fall in its consolidated net profit for the first quarter (Q1) ended June 30, 2020. The company posted a net profit of Rs 7,008 crore for the period under consideration, as against a profit of Rs 8,131 crore posted in similar quarter last year.Want to know more on TCS Q1 net profit dips 13.81%...

‘Eligible Indians to return to UAE from July 12′

In a relief for Indians who need to return to UAE, India and UAE have allowed their airlines to carry people authorised to travel between the two countries. Air India on Thursday said: “ICA approved UAE residents (returning to UAE from India)” can travel on Vande Bharat Mission flights operated by it and AI Express on India-UAE sector from July 12 to 26."Want to know more on ‘Eligible...

Sensex rises 409 points to close at 36,738; Nifty settles above 10,800

Equity indices finished on a higher note on Thursday with the benchmark BSE sensex rising over 400 points led by gains in financial and metal stocks ahead of the start of corporate earnings season. The 30-share BSE index surged 409 points or 1.12 per cent to close at 36,738; while, the broader NSE Nifty finished 108 points or 1.01 per cent higher at 10,813.Want to know more on...

‘Indians are natural reformers’: Key points from PM Modi’s speech at India Global Week

In a major development, Prime Minister Narendra Modi on Thursday addressed a large gathering at the India Global Week 2020 via video conferencing. The forum focused on India’s trade and foreign investment prospects.Want to know more on 'Indians are natural reformers': Key points from PM Modi's speech at India Global Week click here go to market news source. Market news summary from The Times of India Market News.Author:

’58 Indian-origin executives employ over 3.6m’

A group of 58 Indian-origin executives heading various companies across 11 different countries, including the US, Canada and Singapore, collectively employ more than 3.6 million people and account for a combined $1 trillion in revenue, $4 trillion in market capitalisation, according to a list released by a US-based top Indian diaspora organisation.Want to know more on '58 Indian-origin executives employ over 3.6m' click here go to market news...

Sensex, Nifty edge higher as focus shifts to earnings

Equity indices edged higher on Thursday, helped by gains in metal and financial stocks and as focused shifted to the start of corporate earnings. The NSE Nifty index rose 0.43% to 10,756.40, while the benchmark BSE sensex was up 0.53% at 36,519.94.Want to know more on Sensex, Nifty edge higher as focus shifts to earnings click here go to market news source. Market news summary from The Times...

Explainer: How US seeks to protect child privacy

TikTok is under investigation for allegedly violating a settlement reached with US authorities last year that resolved charges the popular app broke rules governing how children’s personal information is treated online.Want to know more on Explainer: How US seeks to protect child privacy click here go to market news source. Market news summary from The Times of India Market News.Author:
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