Uber likely to exit Zomato; puts entire 7.8% stake on the block

Mumbai, Aug 2: Uber has decided to put its entire 7.8 per cent stake in restaurant aggregator Zomato on the block, according to people...

Reliance Industries warns of global recession headwinds after profit miss

Reliance Industries Ltd. has warned that a global recession can hurt oil refining margins, flagging the possibility of more pain ahead after the owner...

‘Restaurants cannot add service charge to food bills’

New Delhi, 4 June: Restaurants are free to raise their menu prices since there are no price controls on them, but they cannot levy...

German retailer Metro to sell its India business for $1.75 bn

New Delhi, May 20: German retailer Metro AG is planning to exit the Indian market by selling its cash-and-carry operations for $1.5-1.75 billion, according...

Baba Ramdev sells Patanjali Ayurved food business for Rs 690 cr

New Delhi, May 19: Yoga guru and businessman Baba Ramdev-helmed Patanjali Ayurved has signed an agreement to sell its food retail business to Ruchi...

Popular