Business highlights

Business highlights
  • Country:
  • India

Following are the top business stories at 1815 hours:

DEL33 BIZ-LDALL RELIANCE Ambani to sell stake to Aramco, BP to make Reliance debt-free by March 2021

Mumbai: On a mission to cut debt in Reliance Industries, billionaire Mukesh Ambani on Monday announced plans to sell stakes in the firm's oil and chemicals business to Saudi oil giant Aramco and in fuel retail network to BP plc for Rs 1.15 lakh crore, and said its telecom unit Jio will begin offering fibre-based broadband services from next month.

DCM31 BIZ-AMBANI LD JIO FIBER Jio Fiber launch on Sep 5; unlimited free calls from landlines, hi-speed broadband from Rs 700/mth

Mumbai: Billionaire Mukesh Ambani on Monday announced the roll-out of 'Jio Fiber' from September 5, promising free voice calls for life from landlines, 100 mbps minimum broadband speed at subscription starting from Rs 700 a month and free HD TV set on a commitment to an annual plan.

DEL28 BIZ-GOLD-CLOSE Gold retouches all-time high mark of Rs 38,470 on jewellers' buying

New Delhi: Gold prices on Monday retouched the all-time high mark of Rs 38,470 per 10 gram in the national capital after the precious metal advanced by Rs 50 on fresh buying from jewellers amid positive overseas trend, according to the All India Sarafa Association.

BCM5 JET-AIRWAYS-ANIL-AGARWAL Anil Agarwal says not interested in Jet Airways

Mumbai: A day after publicly announcing its interest in grounded Jet Airways,mining baron Anil Agarwal Monday said he is no longer interested in pursuing the same.

DCM30 BIZ-NPCI-AADHAAR PAYMENTS Aadhaar enabled transactions cross 200 mn milestone on NPCI platform during July

New Delhi: The umbrella body for digital transactions, NPCI, on Monday said that Aadhaar enabled Payment System (AePS) crossed the milestone of over 200 million transactions during July this year.

DCM46 BIZ-GOLD-IMPORTS Gold imports up 35.5 pc during Apr-Jun

New Delhi: The country's gold imports, which have a bearing on the current account deficit (CAD), increased by 35.5 per cent to USD 11.45 billion (about Rs 80,000 crore) during April-June quarter of the current fiscal, according to commerce ministry data.

DCM52 BIZ-AGRITECH-NASSCOM India has over 450 agri-tech startups; segment receives $248 mn funding in H1 2019: Nasscom

New Delhi: India currently hosts more than 450 startups in the agri-tech segment, and the sector has received more than USD 248 million funding in the first six months this year, IT industry body Nasscom said on Monday.

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