March 24, 2016
Mumbai: Grocery delivery service BigBasket has raised $150 million in fresh funding in a round led by UAE's Abraaj Group as the company looks to expand its services into smaller cities, the investor s...
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Customers won’t be able to conduct bank transactions at branches for 4 days in a row this week as all banks will be closed from Thursday, although the lenders assure that they will fully load AT...
New Delhi: Realty firm Godrej Properties Ltd (GPL) on Monday announced setting up of a real estate fund, which has raised $275 million, with Dutch pension fund APG as the lead investor.The fund will i...
New Delhi: After years of labour, the Income Tax Department has finally gotten a new technology tool to check the menace of duplicate PAN cards.An ambitious electronic smart platform, called Income Ta...
In this column, FC gives its view on new financial products launched in the market. This is a subjective view. Investors are advised to take professional help in selecting a product and not reach a de...
Mumbai: Blackstone Group LP is nearing a deal to acquire Hewlett Packard Enterprise's (HPE) controlling stake worth about $940 million in Indian IT outsourcing services provider Mphasis Ltd, according...
Idea Cellular, India's third-biggest mobile phone operator, said it has called off its plan to buy spectrum worth Rs 3,310 crore from rival Videocon Telecommunications.Ideal Cellular shares rallied ov...
New Delhi: Defunct Kingfisher Airlines owes the Airport Authority of India (AAI) Rs 294.57 crore and three cases in the court have already been initiated in this regard, government said on Tuesday.Dur...
San Francisco: Mark Zuckerberg has agreed to settle a lawsuit and pay no money to a real estate developer who sued him in a dispute over property near the Facebook Inc chief executive's home in Silico...
Mumbai: U.S. consumer health giant Procter & Gamble's India unit said on Tuesday it had stopped manufacture and sale of its cough-and-cold medicine Vicks Action 500 Extra with immediate effect, af...
New Delhi: Reliance Industries Ltd (RIL) on Thursday said its board of directors has declared an interim dividend of Rs 10.50 per share for 2015-16, involving a payout of nearly Rs 3,300 crore, 46 per...
New Delhi: Mahindra and Mahindra Financial Services on Wednesday said its chairman Bharat Doshi has stepped down from his position and also as board member of the company following his nomination to t...
India’s largest private sector lender ICICI Bank on Tuesday launched an initiative -- iWork@home -- to allow its women employees, the option to work from home. This allows women who may need to ...
New Delhi: No frills carrier AirAsia will offer tickets at discounted rates starting from Rs 1,099 on select domestic and international routes. The discounted prices would be applicable on tickets boo...
New Delhi: A new monetary policy committee that will move interest rate setting powers from RBI Governor to a broader panel is likely to start functioning by the third quarter, a top finance ministry ...
New Delhi: Uber Technologies Inc. and Ola launched rival motorcycle-hailing services in Bengaluru on Thursday, as the competitors go head-to-head to target commuters tired of sitting in their cars in ...
It's not about paying more in new taxes, which middle-class India has been doing year after year. You just have to count the number of new cesses introduced in the last decade to be sure of this. It's...
New Delhi: UltraTech Cement has scrapped plans to buy two of Jaiprakash Associates' cement plants in central India after a court said the deal could not be allowed under current regulations.UltraTech,...
New Delhi: Vijay Mallya's Rs 515-crore golden parachute to exit United Spirits faces an extensive scrutiny by the Securities and Exchange Board of India (Sebi), which has begun lookinginto possible vi...
United Spirits shares surged as much as 6 per cent on Friday following the resignation of its Chairman Vijay Mallya from the company's board. Vijay Mallya, who had sold most of his shares in United Sp...
