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Associated Press
SEOUL, South Korea, June 21, 2018
Xiaomi, a Chinese startup that helped pioneer the trend toward ultra-low-priced smartphones, is preparing for what would be the biggest initial public offering since e-commerce giant Alibaba's in 2014.


PTI
New Delhi, June 20, 2018
He said he would leave the office within the next two months by early September, even though his contractual term was co-terminus with the government.


BusinessToday.In
New Delhi, June 20, 2018
Categories like furniture and luggage have witnessed a dip in seller fees as Amazon is not only trying to bring in more sellers but also push them to offer goods at a lower rate.


BusinessToday.In
June 20, 2018
The RITES stock is available at a price band of Rs 180-185 per share. The IPO closes on June 22.


BusinessToday.In
June 19, 2018
The Union Minister's statement came a day after Prime Minister Modi while speaking at the Niti Aayog's fourth Governing Council meet said that the economy has grown at a healthy rate of 7.7 per cent but the challenge now is to take this growth rate to double digits.


Mudit Kapoor
New Delhi, June 18, 2018
Mutual Fund Industry's AUM (Asset Under Management) has grown from Rs 7.01 trillion as on 31st March, 2013 to Rs 23.26 trillion as on 30th April 2018. That's more than three-fold increase in a span of 5 years! The total number of accounts, or folios as per mutual fund parlance, as on April 30, 2018 stood at Rs 7.22 crore, while the number of folios under Equity, ELSS and Balanced schemes - where the maximum investment is from retail segment - has crossed a landmark of Rs 6 crore and stood at Rs 6.03 crore, according to data released by Association of mutual funds of India (AMFI).


BusinessToday.In
June 17, 2018
Niti Aayog's Governing Council on Sunday met for the fourth time at Rashtrapati Bhawan. The Governing Council is the premier body tasked with evolving a shared vision of national development priorities, sectors and strategies with the active involvement of States in shaping the development narrative.


PTI
June 17, 2018
Pressure has been mounting on the government to cut excise duty on petrol and diesel to bring down their prices which have gone up following a spike in crude prices in the international market.


BusinessToday.In
June 16, 2018
According to a report by SBI Research, as many as 16 of the 24 states have seen their revenue increasing over and above the 14 per cent baseline - a mutually accepted minimum tax growth rate between the Centre and the states post-GST rollout below which the states have to be compensated.


Ajita Shashidhar
New Delhi, June 15, 2018
In the past one year while competition has grown in strength, the Patanjali growth story has crumbled like a pack of cards.


www.businesstoday.in
June 14, 2018



www.businesstoday.in
June 13, 2018



www.businesstoday.in
June 13, 2018



Mail Today Bureau
June 13, 2018
Oil is India's biggest import item and an increase in oil prices push inflation up and widens the trade deficit, putting pressure on the rupee. So far in 2018, retail prices of petrol have climbed 9.2 per cent and diesel by 13.7 per cent in Delhi.


Sumant Banerji
New Delhi, June 12, 2018
UBL has a dominant 40 percent plus share in the overall Rs 56,200 crore domestic market but has a lower 20 percent share in the premium beer segment.


E Kumar Sharma
New Delhi, June 12, 2018
Indian pharma is on edge with an expected pharma pricing overhaul, but nothing is known yet on the shape of things to come.


www.businesstoday.in
June 11, 2018



Mail Today Bureau
June 11, 2018
Indian Bank posted the highest profit of Rs 1,259 crore and Vijaya Bank's profit was Rs 727 crore during the fiscal year. After factoring in the profit of these two banks, the net loss piled up by public sector banks works out to around Rs 85,370 crore in 2017-18 compared with a net profit of Rs 473.72 crore in 2016-17.


PTI
New Delhi, June 10, 2018
A CEOs (chief executive officers) opinion poll showed that 82 per cent of them expect GDP (gross domestic product) growth to be higher than 7 per cent for the year 2018-19, with 10 per cent of them expecting growth to be above 7.5 per cent.


www.businesstoday.in
June 10, 2018



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