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Australia will refurbish its aging Collins-class submarine fleet, The Australian newspaper reported on Friday, as doubts over Canberra’s A$50 billion ($38.8 billion) deal for 12 new submarines built by French … Read More
The Supreme Court has ruled in favour of companies by rejecting the income tax (I-T) department’s stand that the money paid by Indian companies for use of software developed by foreign firms amounts to … Read More
Delhi Assembly’s Peace and Harmony Committee will send summons to Facebook officials including its India executive Ankhi Das following complaints of not acting against hateful content. “Summons set to be … Read More
Speedway gas station owner Marathon Petroleum has agreed to sell the chain to 7-Eleven’s parent company. Seven & i Holdings, the Japanese retail group that owns the popular convenience store, … Read More
Reliance Industries Ltd said on Friday Abu Dhabi-based Mubadala Investment Company will invest Rs 9,093.60 crore ($1.2 billion) in Jio Platforms Ltd, as the Indian conglomerate roped in the sixth … Read More
From its Silicon Valley-like campus near Mumbai, Indian billionaire Mukesh Ambani’s Jio telecom carrier is emerging as a winner from changes in the way Indian consumers plug into a digital … Read More
Gross domestic product data out later on Friday is expected to show India’s economy grew at its slowest pace in at least two years in the March quarter as the … Read More
US West Texas Intermediate (WTI) crude futures were down 4.4%, or $1.44 at $31.37 a barrel at 0402 GMT after slipping as much as 5% to a low of $31.14 … Read More
Indian stocks ended nearly 2% higher on Thursday as investors bought beaten-down banking stocks for a second day, while auto and metals gained on broader market optimism. Domestic equity benchmarks … Read More
European Union chief Ursula von der Leyen on Wednesday proposed a 750-billion-euro post-virus recovery fund for Europe, but will have to win over sceptical member states to push it through. … Read More
