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Trouble started brewing for Future Coupon and Future Retail in March this year when the companies received notices from their lenders about possible defaults. While the Group was in discussion with Amazon until August to find a new investor, Kishore Biyani announced a deal with Reliance Retail. This set off flurry of mails between Amazon the Future Group. 

Meanwhile, media reports claimed that the Future Group was in talks with Reliance with a view to selling its retail and supply chain business.

Here's all you need to know.

The United States and India are relooking their laws to deepen the energy partnership between the two countries, according to US Energy Secretary Dan Brouillette. He was speaking at the India Energy Forum by CERAWeek.

Read the full story here

The southern metropolis of Chennai, familiar playground for the North-East monsoon, opened itself up to the annual jamboree overnight into this (Thursday) morning to heavy rain spells punctuated occasionally by loud thunder rolls and lightning, keeping some keen weather-enthusiast residents awake.

Read the full weather report here

The government has been trying to sell its stake in Air India for some time now. The Centre’s previous attempt at sell the airline did not yield any result in 2018. This time around, the Expression of Interest from interested parties is expected by October 30, though there is talk that the process might get delayed.

But whatever the outcome of the divestment process, there are some things that are truly the Maharaja’s unique. Ashwini Phadnis explains.

The first phase of polling in Bihar is underway, with 71 seats going to polls today. 

It was only last week when the campaign started to heat up when both Prime Minister Narendra Modi and Congress leader Rahul Gandhi started campaigning in the State. While the ruling BJP-JD(U) alliance is running on its track record of giving good governance and law and order, the Opposition is looking to win by raising the issue of unemployment. 

Here's all you need to know about the first phase of polling in Bihar. 

The Tata Group is investing ₹5,000 crore to set up a phone component manufacturing plant at the industrial complex in Hosur, Tamil Nadu. The new company, Tata Electronics, has been allotted 500 acres by TIDCO(Tamil Nadu Industrial Development Corporation), and the bhoomi puja was performed on Tuesday. The investment will be scaled up depending on the level of sourcing from the facility and could even touch ₹8,000 crore.

Read the full story here.

India Meteorological Department (IMD) has announced that the North-East monsoon rains have commenced over extreme South Peninsular India after predecessor South-West monsoon exited the entire country and was replaced with north-easterly winds over the South Peninsula.

Listen in to this podcast by Vinson Kurian

On October 27, The legendary American  motorcycle maker Harley Davidson said that they will work along with India’s largest two-wheeler manufacturer Hero MotoCorp.

As per the agreement, Hero MotoCorp will sell and service Harley-Davidson motorcycles, and sell parts and accessories, and general merchandise riding gear and apparel through a network of brand-exclusive Harley-Davidson dealers and Hero’s existing dealership network in India.

Read the full story here

As the Indian Premier League reaches its business end, companies are looking to gain the attention of the audience by making new advertisements. One such company is Reliance Jio, which is  using star power from both Bollywood and cricket.

In this episode of IPL - On the Business Pitch, Chitra Narayanan speaks to Jio Creative Labs head Aditya Bhat about the evolution of the company's 'Dhan Dhana Dhan' campaign.

How does the weather fare in your part of the country? What has the IMD predicted for the days that follow? Listen to the podcast by Vinson Kurian.