By Matt Phillips In Australia, after hauling hundreds of thousands of tons of iron ore to China, returning freighters can face a 14-day quarantine before being able to reload. BHP, which has headquarters in London and Melbourne and is one of the world’s largest copper mining companies, has been in talks to possibly delay shipments […]

Facebook owned messaging giant WhatsApp announced on Wednesday that it now has two billion users globally. Reiterating its stance on encryption in the global announcement, WhatsApp said strong encryption is a necessity in modern life and that it will not compromise on security because that would make people less safe. WhatsApp did not share market […]

Illustration: Rahul Awasthi A slowdown in the app-based cab aggregator space has hurt the sales of cars and utility vehicles to the segment, which fell to their lowest level in five years in 2019. Several automakers have arrangements with car aggregators such as Ola and Uber to sell vehicles to drivers who join their platforms. […]

By Rahul Satija The lingering effects of India’s shadow banking crisis and slowing economy have left companies’ financial health around the worst levels in years, but one gauge shows the prolonged deterioration has at least halted for now. Care Ratings Debt Quality Index, which tracks credit metrics of 1,604 rated firms on a scale of […]

Illustration: Rahul Awasthi Amazon and Flipkart, the country’s two largest web retailers, are likely to see an impact on overall sales due to the prolonged closure of factories in China on account of the coronavirus outbreak, analysts and industry insiders told ET. A supply crunch in smartphones, televisions, large appliances and consumer electronics, which comprise […]

Quarterly profit at SoftBank Group Corp was almost wiped out as the Japanese technology giant was hit for a second straight quarter by losses at its $100 billion Vision Fund. Wednesday’s dismal results could further dampen investor enthusiasm for founder Masayoshi Son‘s big bets on untested start-ups. While Son told a news conference SoftBank had […]

Illustration: Rahul Awasthi Amazon on Wednesday argued in front of a Karnataka High Court Judge that the Competition Commission of India (CCI), which is currently probing the company and its chief rival Flipkart over alleged business malpractices, did not have prima facie evidence to order the investigation into it. The company said that the CCI […]

Illustration: Rahul Awasthi Amazon on Wednesday argued in front of a Karnataka High Court Judge that the Competition Commission of India (CCI), which is currently probing the company and its chief rival Flipkart over alleged business malpractices, did not have prima facie evidence to order the investigation into it. The company said that the CCI […]

Trai on Wednesday urged the government to come out with a detailed policy framework for digital radio broadcasting, an area where the regulator had already given its recommendations, and said it is willing to offer further policy inputs on the issue, if needed. The policy on digital radio broadcasting should also be supplemented by a […]

Food delivery platform Swiggy is collaborating with select restaurants, including Berco’s Restaurant, Impresario Group, Bar Stock Exchange and Gilly’s, to create exclusive delivery-only brands on its platform, a top executive told ET. As a part of the agreement, Swiggy will share with these restaurants data on supply gaps, work with them on menu options, packaging […]