The deal comes less than two weeks after Facebook spent $5.7 billion to buy a 9.99 percent stake in Jio. The Facebook-Jio deal was the social media network’s biggest since its $22 billion buyout of WhatsApp in 2014.

ICICI Bank was the top laggard in the Sensex pack, tumbling nearly 9 per cent, followed by IndusInd Bank, Bajaj Finance, Tata Steel and HDFC.

After a highly volatile session, the 30-share BSE index settled at 31,715.35, plunging 2,002.27 points, or 5.94 per cent.

The brand, whose clothes have been worn by former first lady Michelle Obama, said online sales operations, which account for more than half its revenues, will continue as normal.

As many as 43 crore transactions leading to disbursement of Rs 16,101 crore took place during the lockdown period, the Finance Ministry said in a tweet on Monday.

The government hiked excise duty on petrol by Rs 10 per litre and that on diesel by Rs 13 a litre to mop up gains arising from international oil prices falling to a two-decade low.

Yes Bank's board had to be superseded by the RBI and the government earlier this year after alleged mismanagement under its founder CEO Rana Kapoor.

Sebi also said 'some mutual fund schemes' continued to invest in high risk and 'opaque' debt securities despite the regulatory framework having been amended for safeguarding investors' interest.

She further said that state-owned banks implemented the moratorium announced by the RBI on repayment of loans.

This is the third high profile-investment in Reliance Jio in as many weeks.

Overall, the mutual fund industry witnessed net inflows of Rs 45,999 crore across all segments, data by the Association of Mutual Funds in India showed on Friday.

Many MSMEs and corporates have also availed the three-month moratorium offered by banks as per the Reserve Bank of India

Finance Minister Nirmala Sitharaman in her Budget for 2020-21 had pegged gross borrowing in the new financial year at Rs 7.8 lakh crore, higher than Rs 7.1 lakh crore estimated for 2019-20.

Confederation of Indian Industry said a substantive stimulus is required from the government in the form of support to the poor and to the industry.

In the year-ago fortnight, bank loans had stood at Rs 96.20 lakh crore and deposits at Rs 124.83 lakh crore.

The Associated Journals Limited (AJL) is controlled by senior Congress leaders, including members of the Gandhi family.

The bank had posted a net profit of Rs 969 crore in the corresponding January-March period of 2018-19.

Under the PM-KISAN (Pradhan Mantri Kisan Samman Nidhi) scheme, each farmer gets Rs 6,000 in a year in three equal installments directly in bank account.

BWF chief Thomas Lund said the restrictions on international travel due to coronavirus has complicated the picture for badminton to resume.

Vanessa Bryant seeks damages for emotional distress and mental anguish after learning 8 sheriff's department deputies took graphic photos of the Kobe crash site and shared them with others.

Recently, actress Ileana D'Cruz shared a beautiful selfie on Instagram. Through the snap, the Barrfi actor revealed how she looks at the jeans she used to fit into.

Rumours of Athiya and KL Rahul's alleged relationship surfaced last year, after the cricketer posted an adorable birthday wish for her on social media.

An old picture of Tamannaah Bhatia with former Pakistani cricketer Abdul Razzaq has resurfaced on social media.

Twinkle Khanna says she's rather clumsy and talent-less, but is good at turning a patch of land into a beautiful garden.

Pregnant Kareena Kapoor's photo with Sara and Ibrahim Ali Khan has surfaced on the internet, so has a picture of Tamannaah Bhatia with former Pakistani cricketer Abdul Razzaq. Read on for more details.

The show promises to take us into a terrifying world divided along class lines, literally and figuratively.

Bhumi Pednekar says she wants people to realize how equality is yet to be achieved in society through cinema. The actress was glad to have landed representing roles for women in movies like Dum Laga Ke Haisha, and Saand Ki Aankh.

Actress Neena Gupta has thanked fans for showering love on her as she crossed 5 lakh followers on Instagram.

Aamir Khan's advice comes after winners of the second edition of Cinestaan India's Storytellers Script Contest were announced digitally by him, director Rajkumar Hirani, and writers Anjum Rajabali and Juhi Chaturvedi.

On the occasion of Mother's Day 2020, here's a look at Bollywood actresses who played on-screen mothers at a young age and did complete justice.

Former chief minister of Karnataka and Congress leader Siddaramaiah on Friday asked the state government to demand a special economic package of at least Rs 50,000 crore from the centre to deal with the coronavirus crisis.

Micromax has announced a new range of televisions running on Android TV and will be available starting this week.

Zoom had earlier claimed that they had surpassed 300 million daily users globally. Now, they simply say “300 million daily Zoom meeting participants”. That is just not the same thing.

Assassin's Creed: Valhalla still remains some distance away in the future, but more details should be released in the coming months.

One of the websites used to schedule appointments showed there were no slots available for people not showing any symptoms or those who are not "front-line workers".

WhatsApp Business has more than 1 million businesses active on the app, in India. They are relying on a bunch of tools that WhatsApp has made available to them, to stay in touch with current customers as well as potential customers.

Qualcomm also said that there was a decline of 21% in mobile phone sales between January and March this year.

Apple's COVID-19 app works by asking a set of questions in order to ascertain risk factors, recent exposure, and symptoms.

Monday’s 'Stay and Play at Home' doodle is designed and illustrated by artist Olivia Huynh and celebrates American chemist and award-winning researcher Wilbur Scoville who is best known for the creation of the 'Scoville Organoleptic Test'.

According to some OnePlus users, while the company recently rolled out updates to fix the issue, the problem continues to persist.

The prices for the Surface Pro 7 line-up start at Rs 72,999 while the Surface Laptop 3 costs upwards of Rs 98,999 and the Surface X is also priced at Rs 98,999.

That being said, Microsoft doesn’t give an exact timeline on when Windows 10X arrives on laptops, existing and new ones shipped by OEMs.

The automatic switching for profiles will arrive with Microsoft Edge 83, which is expected by mid-May

China's methods to enforce coronavirus quarantines have looked like a sci-fi dystopia for legions of people.

Among the major players, Google's smartphone sales experienced the highest 64 per cent year-over-year decline in the US market in Q1 2020.

The bug bounty programme is part of a three-month research challenge that runs from June 1 until August 31

Microsoft has announced four new products under its Surface lineup although there is no confirmation on the India pricing or availability.

This investment will give Jio Platforms a solid foundation to build on, towards what Reliance Jio says is a Digital India vision for 1.3 billion people and businesses across the country, including small businesses, micro-businesses and farmers.

The Delhi government launched an online portal offering e-tokens for customers to avoid long queues.

The Joint Enterprise Defense Infrastructure contract is the US Department of Defense' cloud computing contract which has been reported as being worth $10 billion.