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BusinessToday.In
September 19, 2018
Anil Ambani on Tuesday said there has been a 'creative destruction' of the telecom sector that has resulted in creation of oligopoly which is going towards a duopoly and may be even a monopoly in the future.


BusinessToday.In
New Delhi, September 19, 2018
Ahead of festive showdown, Flipkart pumps in Rs 3,463 crore to boost salesFlipkart is aiming at achieving 50 per cent of all smartphone sales during the upcoming festive month. Keeping the ambitious plan in mind, Flipkart has pumped in Rs 3,463 crore into its online marketplace, Flipkart Internet. This is the first biggest capital infusion by the Walmart-backed e-commerce giant ever since the US-based retail behemoth acquired a majority stake in the company. RCom to exit tele...


PTI
Mumbai, September 18, 2018
Anil Ambani said that the first priority for RCom, which is credited for democratising telecom services through cheaper offers in early 2000s, is to resolve its over Rs 40,000 crore debt.


BusinessToday.In
September 17, 2018
The bonds are directly pegged to the Indian currency. So, investors will directly take the currency risk or exchange rate risks. If the value of Indian currency falls, the foreign investor will have to bear the losses, not the issuer which is an Indian entity or a corporate.


Niti Kiran
New Delhi, September 17, 2018
India stands out on the global stage for fund raising through IPOs. The future looks promising too.


Prosenjit Datta
New Delhi, September 17, 2018
Over the next few years, a number of entrepreneurs, who had shot to prominence over the past decade and a half, will either have lost their entire businesses or will see their empires shrink dramatically in size, after losing many of their companies.


Nevin John
New Delhi, September 17, 2018
Lessons from the failure of some of India's biggest business names.


PTI
September 16, 2018
At the emergency meeting, IL&FS's largest shareholder, LIC, which holds 25.34 per cent, is believed to have agreed to subscribe to the forthcoming rights issue and extend some immediate working capital loan.


BusinessToday.In
September 12, 2018
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.


PTI
September 10, 2018
If NCLT allows the plea of the ICICI Bank, then this will be the second company of the crisis hit Jaypee group facing insolvency.


Abhishek Gupta
September 9, 2018
The key takeaway - the pickup in growth, without demand-pull inflationary pressure in the economy, supports our thesis that reforms have lifted India's potential growth, and activity ahead is likely to remain non-inflationary, writes Abhishek Gupta.


BusinessToday.in
New Delhi, September 6, 2018
The 170,000 sq mt facility in Singapore is expected to be operational in 2022.


BusinessToday.In
September 6, 2018
The device is available for pre-order on Flipkart and Amazon India and will go on sale for the first time on September 12 via online and offline channels.


Manu Kaushik
New Delhi, September 5, 2018
Reliance Communication is racing against time to conclude the deal with Reliance Jio to sell its wireless business, towers, fibre and media nodes, for about Rs18,000 crore.


BusinessToday.In
New Delhi, September 3, 2018
Payments banks can only accept deposits of up to Rs 1 lakh per customer in a savings/current account.


PTI
September 2, 2018
While FDI from Mauritius totalled USD 13.41 billion as against USD 13.38 billion in the previous year, inflows from Singapore rose to USD 9.27 billion from USD 6.52 billion.


BusinessToday.In
September 2, 2018
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.


BusinessToday.In
August 31, 2018
The figures mean India is the fastest growing economy in the world, and comes as a boost for Prime Minister Narendra Modi's government after demonetisation and GST had led to a slowdown in the economy.


Ankit Kumar
New Delhi, August 30, 2018
Nirav Modi set up over 20 shadow companies, mostly in UAE and Hong Kong, to hide his loan money trail. Interestingly, the owners of all these shadow companies were the employees of his main company, Firestar Diamond.


BusinessToday.In
August 30, 2018
A 165-page dossier submitted to the United States Bankruptcy Court Southern District of New York may have finally blown the lid off biggest banking fraud in Indian history.


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