New Delhi: Three months after the launch of India Post Payments Bank (IPPB), its managing director and chief executive officer,…
Retail
Cement industry hints at price hike by up to ₹15 per bag
New Delhi: Cement makers may raise prices by ₹10-15 per 20kg bag by March, an industry association said. According to…
Tata Sons board nixes Rs 400 crore proposal to buy Prabhat Dairy
Mumbai: Tata Sons has rejected a proposal by the group’s mergers & acquisitions team for Tata Global Beverages to purchase…
Reliance Jio only telecom player to add mobile phone subscribers in September
New Delhi: “The number of telephone subscribers in India increased from 1,189.08 million at the end of August 2018 to…
Unilever VC, Kalaari may back ecommerce startup Shop101
NEW DELHI: Social ecommerce startup Shop101 is in advanced stages of raising $10-12 million from the venture capital arm of…
IKEA group’s profit down 26% on large investments
STOCKHOLM: The world’s biggest furniture retailer is known for its vast self-service out-of-town stores but is transforming its business model…
India is fastest growing e-commerce market: Report
NEW DELHI: Indian e-commerce market is the fastest growing online retail market among top global economies. The country’s online retail…
Parliamentary panel to take stock of debt-ridden IL&FS Group
New Delhi: The Parliamentary Standing Committee on Finance will take stock of the developments at crisis-hit IL&FS Group for three…
Banks move DRT to enforce guarantees provided by Dhoots for Videocon loans
NEW DELHI: A consortium of banks has applied to the debt recovery tribunal in Delhi seeking to enforce personal guarantees…
Amazon in advance stage to buy stake in Future Retail
Online retailer Amazon is in advanced stage of talks to buy around 9.5 per cent stake in Kishore Biyani-led Future…