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If retail is granted the industry status in India, it would become more viable for businesses. Krishna Iyer, President and CEO, Walmart India

Retailer body to move court against Walmart

CAIT demands for national policy on e-commerce.

17 May 2018 8:27 AM IST

Finacle Trade Connect will enable increased automation and transparency, while helping efficiently manage risks in trade and supply chain financing operations, it added.

Infy, banks set up blockchain based network

The other partner banks include Kotak Mahindra Bank, South Indian Bank and Yes Bank.

17 May 2018 8:25 AM IST

Fitch will no longer provide ratings or analytical coverage for RCom.

RCom shares dip on insolvency plea

Sistema Shyam Teleservices Ltd on Wednesday offloaded over 2.76 crore shares of debt-ridden RCom, lowering its holding...

17 May 2018 1:03 AM IST

Godrej Agrovet MD B.S. Yadav added, We are currently new to this business. For now, we will use the five southern states as our testing grounds before venturing out to the rest of the country.

Creamline's vizag unit to start by FY19

On company's expansion plans, Mr Singh said, We will go to other markets but not in the coming 2-3 years.

17 May 2018 12:55 AM IST

US President Donald Trump

Trump denies caving to China over ZTE

Nothing has happened with ZTE except as it pertains to the larger trade deal, Trump said on Twitter.

17 May 2018 12:34 AM IST

Karnataka uncertainty makes Sensex end in red

According to the provisional data released by the stock exchanges, foreign portfolio investors (FPI) sold shares worth...

17 May 2018 12:19 AM IST

Fresh chargesheet names Mehul Choksi, PNB ex-MD

An LoU is a guarantee given by an issuing bank to Indian banks having branches abroad to grant short-term credit to the...

17 May 2018 12:12 AM IST

The UIDAI has restored Bharti Airtels authorisation to conduct Aadhaar-based verification of its mobile subscribers.

Airtel to lay-off section of Telenor staff post-merger

Both the companies had entered into an agreement for the deal in February 2017.

16 May 2018 8:37 PM IST

SBI Cards is also in the process of speeding up customer acquisition process by reducing the delivery period so that more and more people are added to the network.

SBI Card looks to grow at 40 per cent in FY 2019

The company witnessed over 75 per cent year-on-year growth in average monthly card spends in FY18.

16 May 2018 8:25 PM IST

Tata Steel is an arm of $103 billion Tata Group.

Tata Steel reports Q4 net profit at Rs 14,688 crore

The total expenses of the company stood at Rs 32,626.42 crore during the quarter.

16 May 2018 8:13 PM IST

The government is preparing an action plan to recover revenues from high networth defaulters like Nirav Modi and Vijay Mallya who escaped the law and slipped out of the country.

Sebi closes proceedings against Mallya's 3 group firms

The acquisition was exempted from open offer obligations, but no disclosure was made by the UB group firms.

16 May 2018 7:58 PM IST

Flipkart had hired about 10,000 temporary staffers, mostly in logistics, ahead of festive sales

CAIT says Flipkart-Walmart deal circumvents laws

Its team of lawyers is studying the deal and very shortly, CAIT will move to appropriate authorities and seek legal...

16 May 2018 7:35 PM IST