Home » Business

Business - Page 269

Compared to e-commerce which has a user base of 90 million, social commerce has greater access to the larger vernacular audience of over 200 million, who are active on WhatsApp, Facebook or other social media sites.

Unicorns to come from social commerce

The new entities have also started grabbing attention of venture capital firms.

31 Oct 2019 1:04 AM IST

In first such initiative, Srei Equipment Finance Limited, an arm of Srei Infrastructure Finance Limited (Srei), has teamed up with United Bank of India to jointly offer loans to MSME sector and retail customers under a co-lending arrangement.

Srei, United Bank team up to offer MSME loans

The joint initiative is aimed at fulfilling the government's vision of making credit available to MSME and retail...

31 Oct 2019 1:00 AM IST

1,500 points swing was recorded in Sensex before it settled the day at 279.62 points, or 0.75 per cent lower at 36,841.60.

Sensex crosses 40,000 mark again

The Sensex had made huge gains in May-June following the NDA victory and touched a high of 40312.07 on June 4, 2019.

31 Oct 2019 12:56 AM IST

According to a latest TransUnion Cibil Industry Insights Report, consumer loans grew 17.1 per cent year-on-year (YoY) in Q2 2019, compared to 23.5 per cent in Q2 2018.

Lenders court risky borrowers to push up retail loan growth

Growth in credit cards and personal loans significantly outpaced growth witnessed in auto loans, home loans and loans...

31 Oct 2019 12:53 AM IST

That error - he had credited Albert Einstein for the concept of gravity propounded by Isaac Newton who was born more than two centuries earlier -- made Piyush Goyal the target of many barbs. (Photo: ANI)

India will not sign any free-trade agreement in a rush: Goyal

The RCEP is a mega free-trade agreement being negotiated by 16 countries.

30 Oct 2019 8:03 PM IST

According to the police, PMC bank officials gave loans to HDIL between 2008 and 2019 despite no repayment of the previous loans. (Photo: ANI)

PMC Bank depositors continue protest seeking payback

Three of the protesting members were detained by the police and taken away.

30 Oct 2019 7:48 PM IST

Rupee strengthened by 28 paise to close at 70 against the dollar on Thursday.

Rupee slips 6 paise against dollar ahead of US Fed policy outcome

The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.03 per cent to 97.66.

30 Oct 2019 7:44 PM IST

On the domestic front, Air India is introducing new flights on BhopalPuneBhopal route and Varanasi-Chennai-Varanasi from June 5, 2019.

Air India seeks USD 819 million loan for 7 Boeing planes

Out of the total USD 819 million bridge loan, an amount of USD 135 million will be for B777 plane.

30 Oct 2019 7:02 PM IST

Personal income tax collections amounted to Rs 4.7 lakh crore last year, or 2.5 per cent of GDP.

Govt unlikely to go for income tax cut due to fiscal stress

The share of direct taxes to India's total tax revenues peaked at 61 per cent in 2009-10

30 Oct 2019 6:48 PM IST

Before deciding to get married, men and women need to evaluate whether they have the maturity and interpersonal skills necessary to be a good partner. (Photo: Pixabay)

A workshop that ensures marriages are as Jubilant as weddings

Unfortunately, too many people are eagerly hunting for an ideal partner without realizing they should first strive...

30 Oct 2019 5:31 PM IST

IndiGo and GoAir are the two airlines that have been facing glitches in PW engines.

IndiGo becomes member of global airlines body IATA

The announcement came after IndiGo's expansion of international flight operations this year.

30 Oct 2019 5:27 PM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

IDBI Bank sells over 0.72 per cent stake in NSE

IDBI Bank has sold an aggregate 35.40 lakh equity shares constituting 0.72 pc out of 1.5 pc of the paid-up capital of...

30 Oct 2019 4:33 PM IST