As online retail growth slows in top-tier cities, Alibaba faces fierce competition from emerging players like Pinduoduo that use budget deals to attract price-sensitive consumers in lower-tier cities.
Another whistleblower from global software major Infosys accused its Chief Executive Officer (CEO) Salil Parekh of committing misdeeds and urged the Chairman and the board of directors to act against him on his volatile complaints.
The Reserve Bank of India (RBI) has directed banks not to charge savings account holders for NEFT with effect from January 2020. RTGS is meant for large-value instantaneous fund transfers while the NEFT is used for fund transfers up to Rs 2 lakh.
Indian markets opened on a firm note on Thursday. The Sensex touched a fresh high of 40,676.44 after government boosters for the realty sector.
Hinting at a big boost to the realty sector, Finance Minister Nirmala Sitharaman on Tuesday had said that the government and the Reserve Bank of India (RBI) are in the process of resolving the issues faced by the real estate sector.
With over 60 million lifetime unique customers and more than 7,00,000 merchants, ShopClues has taken local brands to a national platform servicing more than 31,500 pin codes across India.
The Modi government among other sector specific measures reduced the corporate tax which helped several companies report better than expected results for the second quarter ending September.
Around 11.50 a.m. RIL's market capitalisation was at Rs 9,00,317.35 crore. Shares of the company also rose to a 52-week high of Rs 1,428 per share.
Indian markets gained during the early trade on Friday as investors bought company shares with significant business in Britain after EU and Britain reached a new Brexit.
Foreign Institutional Investors (FIIs) bought Rs 436.02 crore worth of stocks, while the Domestic Institutional Investors purchased Rs 929.39 crore worth of scrips on Tuesday.
The promoters of the company, including the CMD have been accused of several norm violations including oppressive behaviour towards minority shareholders and transfer of profits to a subsidiary company.
Starting Wednesday, Airtel Xstream Fibre is available for users in in Delhi, Gurugram, Faridabad, Noida, Ghaziabad, Mumbai, Pune Bengaluru, Hyderabad, Chennai, Chandigarh, Kolkata, Indore, Jaipur and Ahmedabad.
A senior banker said on anonymity, 'This exhibits NPCI's raising concerns over the increasing security threats by non-banking payment companies. Phonepe will have to re-visit its business strategy for a possible fundraise at this stage.'
Country's largest lender State Bank of India (SBI) on Monday announced a reduction in its marginal cost-based lending rate or MCLR by 10 basis points across all tenors and has also reduced rates on term deposits.
Wipro secured a $300-million (Rs 2,156 crore) seven-year deal from the country's leading private sector bank ICICI Bank through Vara Infotech for providing a suite of services, said the IT major on Thursday.
One of India's largest vehicle maker, Maruti Suzuki, on Wednesday, said it has decided to shut down production of passenger vehicles in Gurugram and Manesar plants in Haryana for two days.
The gross GST collection in August 2019 rose 4.51 per cent year-on-year to Rs 98,202 crore but remained below Rs 1 lakh crore mark reflecting economic realities on ground.
The BSE Sensex hit another lifetime high of 40,030.86 on Thursday as the ruling National Democratic Alliance (NDA) was seen leading in the Lok Sabha vote count.
BSNL has a net loss of Rs 8,000 crore and its revenues have declined to around Rs 27,000 crore, underlining the tough times ahead in a market of extremely low data tariffs and free voice calls.
The telecom sector has witnessed intense competition after the entry of Reliance Jio Infocomm Ltd in 2016, which brought down tariffs to rock bottom and hit revenue streams of other operators.
Coming to the features and the specifications of the car. Kia Cerato has a distinct presence due to its tiger nose grille. It is the signature grille that can only be found on Kia cars. The headlamps of the car come with the LED DRL for safety during the day.
India's mobile phone customer base reached 1.17 billion in November last year, according to the Telecom Regulatory Authority of India (TRAI). The broadband user base crossed 500 million users and nearly 97 per cent of them are on wireless connections.
Currently, Tesla in collaboration with Panasonic has about 60% control over the battery manufacturing business of these electric cars. Further, while Tesla is looking forward to setting up car manufacturing plants in Europe and China,
Tracking overnight gains in the US markets, the key equity indices -- the BSE Sensex and the Nifty50 -- closed on Friday with 0.75 per cent gains. Taking cues from the Asian markets both indices stayed comfortably in the green throughout the days' trade.