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Monday, September 25, 2017
Flipkart and Amazon India, the country’s largest online retailers, have surpassed sales from last festival season’s sale events by a considerable margin, driven by strong demand for smartphones and televisions.Flipkart’s sales doubled from last year, the online retailer...
The government is planning to set up five scrap-based steel plants at an investment of Rs 500 crore within a year to ensure that a chunk of the country’s targeted 300 million tonne steel output is met through...
Leading multiplex operator PVR expects its annual footfall across India to cross the 100 million mark in the next two years, according to a top company official.It is currently on an expansion spree with plans to have...
Realty firm Supertech has raised Rs 350 crore from L&T Finance to fund an ongoing housing project in Greater Noida.The Noida-based firm also plans to launch next month a sports-centric housing project in Noida Extension (Greater Noida -...
The government’s expected measures to revive a stuttering economy could mainly target the MSME sector and involve a re-look at public-private project norms to boost investment without breaching its fiscal deficit target for the year, officials involved in...
Retail major Shoppers Stop on Saturday said Amazon.com NV Investment Holdings LLC will invest Rs 179.25 crore in the company.Shoppers Stop’s board has approved issuance of 43.95 lakh equity shares of Rs 5 each at price of Rs...
Thyssenkrupp AG is to set up a joint working group of board members and labour representatives to help implement the plan to merge with Tata Steel, it said in a statement on Saturday, issued after a supervisory board...
A petition organised by Uber against London’s decision not to renew its operating licence has gathered 500,000 signatures, little more than 24 hours after the decision was announced, a website monitoring its progress showed on Saturday.London’s transport...
State Bank of India (SBI) on Friday launched India’s first bond index series for overseas investors at the London Stock Exchange (LSE).The FTSE SBI Bond Index Series, launched by India’s largest commercial bank along with global index and...
Finance Minister Arun Jaitley said on Friday the process for Air India disinvestment is moving “quite well” and transaction advisors would be appointed soon.To revive the loss-making Air India, the government has decided on strategic disinvestment of the...
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