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It would have more than 5,000 shops, 300 retail outlets with world-class infrastructure, warehousing, logistics, supply and trade ecosystem. (Photo: Pixelbay)

Business

India, Italy discuss ways to promote trade, investments

India and Italy on Tuesday discussed ways to increase cooperation in areas such as machinery, infrastructure,...

26 Feb 2019 4:51 PM IST

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

Business

Govt must ensure early 5G rollout, make spectrum affordable: Sunil...

The government has promised reduction in levies on the telecom sector under the new telecom policy.

26 Feb 2019 4:16 PM IST

The tie-up entailed two joint venture agreements between the groups. (Photo: Twitter)

Business

PSA Groupe to re-enter India with Citroen brand; rollout of 1st model...

In 2017, PSA Groupe had announced a partnership with CK Birla Group to re-enter the Indian market.

26 Feb 2019 4:08 PM IST

The BSE Sensex on Friday soared to life-time high of 33,270.62 and the NSE Nifty scaled another record high of 10.366.15 in opening trade. Photo: AP

Business

Sensex ends 240 points lower on rising India-Pak tension

The 50-share Nifty also fell 44.80 points, or 0.41 per cent, to 10,835.30 after hovering between 10,729.30 and...

26 Feb 2019 4:07 PM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

Business

RBI proposes variable pay for bank CEOs

As part of new proposals, RBI is also suggesting quantitative and qualitative criteria is for identification of Material...

26 Feb 2019 3:49 PM IST

The three firms of diamantaire Nirav Modi were issued LoUs worth Rs 6,498 crore.

Business

ED attaches properties worth Rs 147 cr belonging to Nirav Modi

The properties comprise eight cars; plant and machinery; consignments of jewellery; paintings and some buildings.

26 Feb 2019 3:44 PM IST

The possible coming together of online retailers Flipkart-Amazon combine may face close scrutiny for competition issues as the combined entity will be a dominant player in the fast growing Indian e-commerce market, according to experts.

Business

Consumer market to treble by 2028 to Rs 335 trillion: report

The consumer market was around Rs 110 lakh crore in 2018, clipping past 13 percent annually.

26 Feb 2019 3:23 PM IST

Clearing corporations providing services for commodity derivatives will have to ensure guarantee for settlement of trades including goods delivery, markets regulator Sebi has said.

Business

Anand Rathi arm, Geofin Comtrade 'unfit, improper' for commodity...

On February 22, Sebi ruled that Motilal Oswal Commodities and IIFL Commodities were not "fit and proper" to be granted...

26 Feb 2019 3:16 PM IST

$Rather than waiting to respond to a famine after many have already died, the tech firms, including Amazon, \will use the predictive power of data to trigger funding\ to take action before it becomes a crisis, the World Bank and UN announced. (Representational image/ Photo: AFP)$ Business