Govt approves procurement policy worth Rs 15,000 crore to ensure remunerative prices to farmers; RBI pulls back rupee from the brink by selling dollars; and Walmart and Flipkart employees can switch between companies. Watch this episode of Business Wrap.

RBI pulls back rupee from the brink by selling dollarsThe rupee slumped to a historic low of 72.91 in morning trade on Wednesday forcing the RBI to sell US dollars in the market through public sector banks to bring the Indian currency back from the brink. The government also issued a statement that the rupee would not be allowed to crash to an unreasonable level which further bolstered sentiments and enabled the rupee to climb back to 72.18 vis-a-vis the US dollar at the end of th...

Maruti Suzuki is planning to shift its Gurgaon factory to another location in Haryana but it would take 4-5 years for a new facility to become operational.

Shivinder Singh's petition against brother Malvinder and former Religare CEO Sunil Godhwani points at only the tip of the iceberg in the corporate mismanagement that led to the Singh brothers losing control of Fortis Healthcare and  Religare.

Under phase 2 of the FAME scheme, the government expects to see an eight-fold increase in the sale of EVs.

Ten years ago, Leica was an unknown brand in China but today we have a sizable business generating a reasonable profit. We see that happening in India, says Sunil Kaul, Managing Director, Leica Asia-Pacific.

Enabling an eco-revival to keep Gurgaon vibrant.

In the FIR filed yesterday, the complainant alleged that Robert Vadra's Skylight Hospitality purchased 3.5 acre of land in Gurgaon's Sector 83 from Onkareshwar Properties at a price of Rs 7.50 crore, and later it sold this land to DLF for Rs 58 crore.

Simba, a start-up craft beer brand, is roaring right now. It was launched in 2016 with two variants: A wheat beer and a stout.

The charges in the case include criminal conspiracy (120-B), cheating (420) under IPC and corruption, the CBI had said.

Executive MBA programmes at leading B-schools are gaining ground among recruiters.

Out of a total budget of Rs 21.47-lakh crore, the Finance Minister earmarked Rs 1,744.13 crore for the administration of justice in India. This means that on the whole, India spends 0.08% of its national budget on its quest towards a just society!

How Malvinder and Shivinder Singh blew Rs 22,500 crore in less than a decade and lost control over Fortis Healthcare and Religare Enterprises.

OYO is reportedly in advanced talks to raise up to $1 billion in a deal that could value it at over $4 billion.

In Gurugram, the road will commence from the road dividing sectors 114 and 115, and end where it merges with Najafgarh-Bijwasan road near Delhi-Gurugram border.

An estimated 19,026 people were fined for sitting on floor of the train, which according to Metro rules is not in line with public etiquette and attracts a penalty of Rs 200.

India's refurbished goods market is flourishing on a smartphone boom, changing consumer attitudes and business models.

New York-based WeWork, which has presence in 75 countries across the globe, currently has 12,000 desks in Gurgaon, Mumbai and Bangalore in India at nine locations.

Most leading hospitals are struggling to make profits. At the same time, new formats, specialties and technology assisted ventures are coming up with a promise of transforming the sector.

Jaguar Land Rover India has launched the F-TYPE with a new four-cylinder Ingenium petrol engine. The F-TYPE now spans from the entry-level four-cylinder model to Jaguar's 322 km/h supercar - the F-TYPE SVR.