This is the first capital infusion by the Walmart-backed e-commerce giant ever since the US-based retail behemoth acquired a majority stake in the company.

It was among the wisest decisions taken, when the Finance Ministry junked Air India's demand for a Rs 30,000-crore fund infusion, reportedly because the airline didn't present a turnaround plan.

After putting disinvestment of debt-ridden Air India on the back burner, the government is set to infuse Rs 2,100 crore into the loss-making national carrier.

Google is reportedly looking to team up with Alibaba-backed Paytm Mall to pick up a 7-10 per cent stake in Future Retail for Rs 3,500-4,000 crore.

State-of-the-art Train 18 to replace Shatabdi Express soonAs part of the Railways' plan to increase the speeds of all long-distance passenger trains by 25 km per hour by 2022, it has decided to replace the Shatabdi Express trains with much-awaited semi-high speed 'Train 18'. These trains will be loaded with state-of-the-art amenities and will be used for inter-city travel. The trains are being built under the Make in India initiative at the Integral Coach Factory (ICF) in Chenna...

Air India is on the brink of defaulting on bank loan repayments, so the aviation ministry has sought Rs 500 crore from the finance ministry on an urgent basis.

Analysts suggest the government's decision to reject fund infusion proposal could have stemmed from the fact that another bailout package might not play in favour of the present government in the upcoming Lok Sabha elections in 2019.

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

The Life Insurance Corporation is in the process of buying 51 per cent stake in the debt-stressed IDBI Bank. The Union Cabinet gave its approval to the proposal on August 1.

Jet Airways, however, claimed that its account with SBI and all other banks is \"standard\" and it has not defaulted on any of its payment obligations.

The government last month was forced to shelve its plan to sell a majority stake in the beleaguered airline due to lack of interest from bidders, in the latest setback in its efforts to rescue the loss-making carrier that has been kept afloat for years using taxpayer funds.

Just two months back, SoftBank pumped in $1.4 billion into Paytm - the largest fund infusion by a single investor in a homegrown start-up.

Reliance Nippon AMC recently got listed, while HDFC AMC would be entering the market next week. Let's look at how the HDFC AMC will be valued in the market.

Amid fund crunch, Air India borrowed Rs 6,250 crore from various banks between September last year and January this year for working capital requirements and other needs.

Over the last few years, under the NDA government, construction of national highways has steadily increased. Until May 2014, the construction rate of highways stood at 11.67 km per day.

The much-wooed Fortis Healthcare (FHL) may have selected a suitor at last, but the happily-ever-after bit is still a long way off.