NEW DELHI: The foreign direct investment- FDI in food processing sector has already touched the USD 1-billion mark so far this year,…
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Samsung confident of smartphone leadership next quarter; to focus on mid-segment
KOLKATA: Korea’s SamsungElectronics is confident of achieving clear smartphone leadership across price segments in the Indian market in the up-coming October-December…
Paytm’s parent okays Berkshire’s $300 million investment
The management board of One97 Communications, which owns Paytm, has approved the investment of $300 million from the US-based investment firm Berkshire Hathway according to documents accessed…
John Lewis profits plunge 99% and outlook is gloomy
Profits plunged 99 per cent at the John Lewis Partnership, the owner of Waitrose, in the first half of the year, with the…
Amazon, Flipkart sparing no expense for sale season
Flipkart’s flagship Big Billion Days salewill start on 10 October. Amazon India’s Great Indian Festival is also expected to start…
Brent crude India likely to raise import curbs on various items
In its bid to shore up the rupee, the Centre is likely to impose higher import duties on precious stones, certain types…
Siyaram’s ropes in Bollywood actor Ranveer Singh as its brand ambassador
New Delhi: Siyaram Silk Mills has roped in Bollywood actor Ranveer Singh as the brand ambassador of Siyaram’s. The association comes at a time when the brand…
Mandating e-commerce firms to store user data exclusively in India to impact their biz: Experts
Making it mandatory for e-commerce players operating in the country to store user data exclusively in India will impact their business, according…
Paytm is testing face recognition tool for payments
BENGALURU: If Apple taught Indian consumers to unlock its new phones with a twitch of their eyes, Paytm is working on introducing…
Trade war: Asian companies shift base from China
SEOUL/TOKYO: A growing number of Asian manufacturers of products ranging from memory chips to machines tools are moving to shift…