India is the 5th largest destination in retail space and is expected to grow at US $950 billion by 2018. This sector…
LG Electronics eyes higher sales from premium products in India
LG Electronics said Tuesday it plans to beef up its presence in premium products in India as it looks to…
Naspers is said to plan further investment in $2 billion Swiggy
Naspers Ltd. is planning to increase its stake in Indian online food-delivery business Swiggy as the startup plots its third…
Zydus Cadila set to bag Kraft Heinz portfolio for Rs 4600 crore, announcement likely on Wednesday
Zydus Cadila Group is set to acquire the consumer brand business of Kraft Heinz in India including the children’s milk…
Amazon means business, opens captive call centres
BENGALURU: Amazon has set up captive call centres in India to handle some of its international and domestic customer and…
DGAP finds Nestle profiteered Rs 100 cr, company deposits money in fund
An investigation by the Directorate General of Anti-Profiteering (DGAP) has found that FMCG major Nestle India indulged in profiteering of…
KKR files bankruptcy plea against dairy firm Kwality
Global private equity player KKR has filed insolvency plea against dairy firm Kwality Ltd before the National Company Law Tribunal…
Tata Steel to sell stake in South African mine for $25.6 million
Tata Steel Ltd will sell a majority stake in an iron ore mine in South Africa to Switzerland-based group IMR…
What happens if a bank branch is merged with another
Recently, social media was abuzz with reports that Bank of Maharashtra was going to merge 51 of its branches with…
Country of residence may tax you on global income
To identify whether your income will be taxed in India, you must consider two aspects—what is your residential status for…