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Sumant Banerji
New Delhi, September 25, 2018
The cumulative wealth of the 831 individuals featured in the list stood at $719 billion - amounting to a quarter of Indian GDP of $2,848 billion (as per IMF estimate on 1st April 2018).


PTI
September 25, 2018
The Yes Bank board on Tuesday decided to seek at least a three-month extension for Rana Kapoor, managing director and chief executive, from RBI beyond January 31, 2019.


Reuters
September 25, 2018
US private equity firm Blackstone, which bought 20 per cent of Versace back in 2014, will fully exit its investment.


PTI
New Delhi, September 25, 2018
In the beginning of this year, the country's largest lender State Bank of India (SBI) had filed separate insolvency proceedings against Videocon Industries and Videocon Telecommunications Ltd.


Mail Today Bureau
New Delhi, September 25, 2018
The magazine, known for its annual rich list, said the Indiaspecific property is not a ranking but a qualitative selection of eminent people from the fields of business, acting and sports.


BusinessToday.In
New Delhi, September 25, 2018
OYO said that it plans to channel approximately $600 million of the funds raised into \"strengthening its position in China\" and the rest to retain leadership position in India while expanding its footprint.


Goutam Das
New Delhi, September 25, 2018
The Flipkart group has the horizontal e-commerce platform, of course, but also owns the fashion platforms, Myntra and Jabong


BusinessToday.In
New Delhi, September 25, 2018
While the Bentonville-based retail giant gets nearly a third of its revenues from its own labels in the US, private brands like Right Buy and Member's Mark account for only 6-7% of Walmart India's overall sales.


BusinessToday.In
New Delhi, September 25, 2018
In his new role, Mohan will focus on working with the senior executive team at Facebook India. He will also drive Facebook's overall expansion strategy, while also finding ways work with the BJP government at the Centre.


Aprajita Sharma
September 25, 2018
Given company's good track record, well-capitalised balance sheet and stable asset quality, most brokerages have recommended subscribe on the issue even as the IPO has been valued at a premium against industry peers.


BusinessToday.In
September 25, 2018
In fact, the lender was the top Sensex and Nifty gainer in early trade rising 4.11% and 4.59%, respectively.


BusinessToday.In
September 25, 2018
Samsung will be launching its first triple camera smartphone in India with the Galaxy A7 2018. The device was launched globally last week and now it's making its way to India.


BusinessToday.In
September 24, 2018
Social media giant Facebook on Monday said it has appointed former Hotstar executive Ajit Mohan as Vice-President and Managing Director of its India operations.


BusinessToday.In
New Delhi, September 24, 2018
In the last two RBI rate hikes, the quantum of transmission of the deposit rates has been higher than the lending rates.


BusinessToday.In
September 24, 2018
The Sensex and Nifty closed nearly 1.5% lower in trade today amid a depreciating rupee, rising crude oil prices and selling pressure on stocks of non-banking financial companies (NBFCs).  On the global front, China reportedly rebuffed a plan for talks with the US on resolving their dispute over trade and technology which roiled Asian stocks.While the Sensex closed 536 points or 1.46% lower to 36,305, the Nifty lost 175 points or 1.58% to trade at 10,967 level.Sentiments remained distinct...


BusinessToday.In
September 24, 2018
While the Sensex closed 536 points or 1.46% lower to 36,305, the Nifty lost 175 points or 1.58% to trade at 10,967 level. This is the weakest closing since July 11 when it settled at 36,265.93. The Sensex has lost 1,249.04 points in the previous four sessions.


BusinessToday.In
New Delhi, September 24, 2018
WhatsApp has said Lahiri will be based in the US, and people can also contact her via WhatsApp or post at the company's Menlo Park address in California.  The company says nothing on 'tracing' of the origins of incendiary messages.


BusinessToday.in
September 24, 2018
Infosys could not provide enough evidence to substantiate that Bansal had deleted data from his company laptop. Data deletion was reportedly one of the reasons cited by the firm to back its decision to withhold a chunk of Bansal's dues.


Reuters
September 24, 2018
Flipkart Chief Executive Officer Kalyan Krishnamurthy is one of the leading candidates for the position.


Mail Today Bureau
New Delhi, September 24, 2018
According to the WhatsApp website, users can reach out to the company's support team directly from the app under 'Settings' tab and in case they wish to escalate the complaint, they can contact the Grievance Officer directly.


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