Competition Comm clears USD 16 billion Walmart-Flipkart deal
New Delhi | The Competition Commission said it has cleared US retail giant Walmart’s proposed acquisition of Flipkart, a deal estimated to be worth USD 16...
Category : Business & Finance
IKEA opens first India store
Hyderabad | Swedish home furnishings major IKEA today opened its first store in India, kicking off its retail journey five years after it received approval to...
IMF asks India to consider simpler GST rate structure
Washington | The IMF today described the Goods and Services Tax (GST) as a “milestone reform” in India’s tax policy, but pushed for a simplified structure,...
Trump hosts Nooyi, Banga among top corporate leaders for dinner at private golf course
New York | PepsiCo’s outgoing CEO Indra Nooyi and MasterCard’s chief executive Ajay Banga were among a small group of top corporate leaders hosted by US...
Rupee declines 5 paise, hits 2-week low against US dollar
Mumbai | The rupee weakened by another 5 paise to trade at fresh two-week low of 68.93 against the US dollar in early session today due...
Indira Nooyi to step down as Pepsico Ceo after 12 years
Washington | World’s leading beverage giant Pepsico on Monday announced the departure of Indira Nooyi as the Chief Executive Officer (CEO) after been holding the...
No GST refunds for foreigners as of now: Finance Ministry
New Delhi | Foreigners coming to India may not get GST refunds on goods purchased and carried back by them as the government has not invoked...
Britannia Industries may shift proposed dairy project from Maharashtra
Kolkata | FMCG major Britannia Industries Ltd might shift its proposed dairy project from Maharashtra, as the government was taking time in granting fiscal incentives, Chairman...
HDFC AMC soars in blockbuster trading debut
HDFC Asset Management Co Ltd’s shares soared 67 percent on the first day of trading following the Rs 2800.33 crore IPO reflecting bullish investor sentiment on...
Sensex hits record high, Nifty breaches 11,400 mark
Mumbai | Extending Friday’s rally, the benchmark BSE Sensex jumped over 200 points to record a new high of 37,790.72 in early trade, and NSE Nifty...