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India to be among top 3 economies in 2 decades: Mukesh Ambani Mukesh Ambani, chairman Reliance Industries Ltd. (File Photo: Mint)Premium 2 min read Share Via Read Full Story All the digitization steps that India has taken will democratize wealth and create value for individuals and small businesses, Mukesh Ambani, chairman and managing director, Reliance Industries Ltd, said on Tuesday. Ambani was in a conversation with Mark Zuckerberg, chief executive officer and founder of Facebook, at the Fuel for India virtual event. Ambani emphasised the importance of global partnerships, citing the exam...

Burger King shares hit 20% upper circuit, up 177% from issue price Premium On Monday, Burger King shares had doubled after listing on the exchanges, closing at ₹138.40 apiece, nearly 131% premium to its issue price of ₹60. (Photo: Reuters) 1 min read Share Via Read Full Story MUMBAI: Shares of Burger King India Ltd on Tuesday extended gains and hit the 20% upper circuit amid higher volumes. The stock hit a fresh record high of ₹166.05. On Monday, the scrip had doubled after listing on the exchanges, closing at ₹138.40 apiece, nearly 131% premium to its issue price of ₹60 a shar...

PM Modi to light up ‘Swarnim Vijay Mashaal’ to mark 50th-year of Indo-Pak war Premium The Indian Armed Forces had in December 1971 secured a historic victory over Pakistan Army Share Via Read Full Story As the nation gears up to commemorate the golden jubilee of the 1971 Indo-Pak war, Prime Minister Narendra Modi on Wednesday will light up the ‘Swarnim Vijay Mashaal’ from the flames of National War Memorial (NWM) to inaugurate events marked for the 'Swarnim Vijay Varsh’. The inaugural ceremony will be held at NWM, where the PM, Chief of Defence Staff & Tri-Service Chiefs will lay wr...

Raghuram Rajan warns policymakers need to act to avert solvency crisis Premium 2 min read Paul Gordon , Bloomberg The solvency crisis is already eroding the underlying strength of the business sector in many countries, according to a report led by Mario Draghi, ex-president of ECB, and Raghuram Rajan Share Via Read Full Story The world’s policy makers must act urgently if they are to head off a looming solvency crisis that could cripple economies after the pandemic, according to a report led by two top former central bankers. Mario Draghi, previously president of the European Central Bank,...

Instagram’s grown immensely in India in last 2 yrs: Mosseri Premium 2 min read Share Via Read Full Story Instagram has grown immensely in India over the last year or two with the country becoming one of the most important markets worldwide for the photo- and video-sharing platform, said Adam Mosseri, head of Instagram, at the Facebook Fuel for India 2020 virtual event on Tuesday. “We have spent a lot more time trying to make sure our Android app is at parity with our iOS app. Obviously, Android is very prevalent in India. We have seen an amazing amount of energy and creativity from the In...