Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday reported a 12 per cent rise in December quarter net profit on improving oil-to-chemical business, strong continued momentum in retail and steady telecom unit Jio.
Eighteen months after the government started banning Chinese mobile apps, two distinct changes have occurred in the country's mobile app sweepstakes. The move has given a thrust to domestic app publishers, especially in certain segments and it has dramatically reduced the market share of Chinese apps. What started as an interim government ban on 59 Chinese apps, including the highly popular TikTok and WeChat in March 2020 ended as a permanent ban on many of them in January this year. According to a China Internet Report 2021 (by South China Morning Post), the market share of Chinese apps in India has dropped substantially from 44 per cent in 2018 to only 29 per cent in 2020. In 2017 it was 41 per cent.
Walmart-owned Flipkart will undertake a buyback employee stock options worth about Rs 600 crore, according to sources Earlier in the day, Flipkart announced raising $3.6 billion (about Rs 26,805.6 crore) in funding from a clutch of investors that valued the e-commerce major at $37.6 billion (about Rs 2.79 lakh crore). In an e-mail to employees, Flipkart group chief executive officer Kalyan Krishnamurthy lauded the critical role played by the staff in reaching this milestone.
Education technology, grocery, fashion, food delivery and UPI payments surpassed volumes or revenues of February, in the September-October period.
'In the last seven years or so, many reigning heroes have stopped working with him because no matter how popular a star they are, irrespective of whether they are playing the lead, it eventually becomes an Amitabh Bachchan film!'
'It is time the government should intervene more strongly than ever before and save the textile industry which is the pride of our nation.'
The latest addition to Antim is Pragya Jaiswal who makes her big Bollywood debut with it.
The Supreme Court Tuesday said suspension from legislative assembly for one year should be linked with some purpose and there has to be an 'overpowering' reason that the member should not be allowed to even attend the next session.
'I'm following my heart and would like to go where the road leads me. I want to do things that will excite myself and people too,' says Tanushka D'Silva.
US private equity firm Silver Lake Partners will invest an additional Rs 1,875 crore in the retail arm of Reliance Industries, the Indian firm said in a statement on Wednesday.
Is winning a glamour contest, a beauty parade, a bigger achievement than getting to run one of the world's best known luxury brands or the IMF? asks Sandeep Goyal.
It's business as usual for Bibhu Mohapatra at the New York Fashion Week.
With its political colour dominated by less than democratic trends, BRICS currently leaves some of us wondering -- where in this grouping is there an assurance that human freedom will be respected unconditionally? It would be nice to see the new members of BRICS drawn from the ranks of countries wedded to preserving and guarding human freedom, observes Shyam G Menon.
Abhishek packs a punch and Nimrat is deliciously wicked but Dasvi falls short of being the razor-sharp satire it deeply aspires to be, feels Sukanya Verma.
'When I used to shoot my friends or cousins, I used to tell myself: I want to make them look a better version of themselves.' 'That's how I started: "I don't care who you are or who you think you are. When you are in front of my camera, I'll make you look better than what you think you are".'
Gowri Ramnarayan explores the world of Kalki Krishnamurthy whose magnificent novel Ponniyin Selvan has inspired Mani Ratnam's latest film PS I.
The company raised Rs 53,124 crore through a rights issue and sold nearly 33 per cent stake in Jio Platforms Ltd - the firm that houses telecom business and apps - to likes of Facebook and Google for Rs 152,056 crore.
'There will be partnerships between banks and fintech firms, but there will also be areas where they will be direct competitors.'
US e-commerce giant Amazon has written to the independent directors of Future Retail Limited (FRL), including Gagan Singh, Ravindra Dhariwal and Jacob Mathew, and its audit committee, providing data and alleging that there have been significant financial irregularities to the prejudice of public shareholders, banks, creditors, and third-party suppliers. Amazon has said this warrants a thorough and independent examination of all relevant facts and related-party transactions, including of past financial years, by an independent agency. Separately, Amazon has written to Securities and Exchange Board of India Chairman Ajay Tyagi, seeking the withdrawal of the regulator's conditional approval granted to FRL related to the merger deal between the Future group and Reliance.
Model turned actor Tina Desai gets candid about her incredible love for fitness and the interesting things that keep her busy.
From promoting movies to grabbing a bit, here's a look at what they were up to.
'I was born a lower middle-class person, am one today and will die as one,' Billboard's International Power Player Devraj Sanyal tells Vanita Kohli-Khandekar.
Real estate experts say rentals have corrected by 5-10 per cent across formats, including office, retail and housing, with a pick-up expected over the next few quarters as the economy recovers.
'The competition between the two is definitely going to be of great interest to the Indian market.'
From stylist to Paris Hilton to influential billionaires, Kim Kardashian tells you how to chart your own success journey.
Meet Bhumika Arora, 29, who made the cut!
Rajasthan's royal architecture and striking landscapes are a hot favourite among tourists and film-makers. Its majestic beauty and history has coloured many a movies and their visuals to unforgettable effect.
She's a little over a year old in the business and this young model is all raring to go.
Tawang wears its history -- and also its present -- with ease. The flourishing town, with restaurants selling everything from noodles to dosas and locals returning home to new business prospects, shows little sign of the tension building up at the border about 40 km away to the north.
Billionaire Mukesh Ambani-run Reliance Industries Ltd's retail arm on Thursday raised Rs 9,555 crore from Public Investment Fund (PIF) of Saudi Arabia, taking total fundraise in the last two months to Rs 47,265 crore. PIF will take a 2.04 per cent stake in Reliance Retail Ventures Ltd (RRVL), the Indian firm said in a statement. The investment values RRVL, the retail arm of Reliance Industries Ltd, at a pre-money equity value of Rs 4.587 lakh crore.
Aggressive Australia all-rounder Marcus Stoinis is confident he could become the ultimate floating batsman in limited overs cricket after a successful stint opening in the Indian Premier League.
It is a very different victory of Maradona that fascinates me even more, notes ad guru Sandeep Goyal.
According to 'The Sunday Times', the couple who had announced their decision to step back from official royal duties to relocate with their one-year-old son Archie last year will no longer use platforms such as Twitter and Facebook.
The fashion bible has listed the 'it' girls of the fashion industry who made a mark last year. Take a look.
'We are not organising any large celebrations on New Year's Eve to avoid last-minute changes in guidelines.'
'I like to create conversations with innate objects and weave a story around it,' Mrinalini Chandra tells Anita Aikara/Rediff.com.
From Sania Mirza to Virat Kohli, even the likes of Virender Sehwag has shown that swagger on the runway.
Delhi-based designer Gaurika Sharma talks about it.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances