Business News ( English Version)

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  • Amazon tells India regulator its partner Future Retail is misleading public October 31, 2020
    Amazon.com Inc has complained to India's market regulator that its local partner Future Retail Ltd misled shareholders by incorrectly saying it was complying with its contractual obligations to the US e-commerce giant, a letter seen by Reuters shows.
  • Nafed floats bids for supply of 15k tonnes of red onions October 31, 2020
    Cooperative Nafed on Saturday invited bids from importers for supply of 15,000 tonnes of red onions by November 20 in order to boost the domestic availability and check price rise. The cooperative has asked bidders to supply 40 to 60 mm size of red onions from any country of origin at Rs 50 per kg by November 20. They can bid for a minimum quantity of 2,000 […]
  • US jury tells Apple to pay $503 million in patent case October 31, 2020
    A jury in Texas on Friday decided that Apple should pay $503 million for infringing virtual private network technology patented by software security firm VirnetX. The legal battle between Apple and Nevada-based VirnetX involved data transmission security in devices such as iPhone, iPad and iPod Touch, according to court documents.
  • Mumbai airport domestic passenger traffic triples October 31, 2020
    The passenger traffic at the Mumbai airport is on a steady rise. From the 2.2 lakh domestic passengers the airport handled in June, the number has gone up to 6.5 lakh domestic passengers in September. The number of domestic flights handled went up from over 2,600 to about 6,600 during these three months, according to data released by the Mumbai International […]
  • Inspire Brands to buy Dunkin' Brands co for $8.8bn October 31, 2020
    Inspire Brands, which owns Arby's, Buffalo Wild Wings and Sonic Drive-In, said its all-cash deal to take the owner of Dunkin' Donuts and Baskin-Robbins chains private would value it at $106.50 a share. That represents a nearly 20% premium over Dunkin's last closing share price on October 23.