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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.

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.

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

Indian e-commerce market to touch USD 84 billion in 2021: report

The retail market in India is expected to grow to USD 1.2 trillion by 2021 from USD 795 billion in 2017.

26 Feb 2019 3:11 PM IST

Kotak Mahindra Bank on Tuesday said it will offer debit card at a special price of Rs 99 for the first year for customers who will open account under its zero balance account scheme till September 15.

Kotak Mahindra Bank raises foreign investment limit

Total shareholding of foreign institutional investors and foreign portfolio investors in the company to 45 pc from 43...

26 Feb 2019 3:06 PM IST

Other risks for the Indian economy stem from the government turning more populist ahead of 2019 polls and a sharper-than-expected domestic growth slowdown, which in turn will trigger equity outflows, Nomura added.

Global PE deal value at USD 1.4 trillion in 2018; highest since 2007:...

At current exchange rate, the global PE deal value translates into Rs 99.43 lakh crore.

26 Feb 2019 2:43 PM IST

Increase in gold imports pushed the countrys trade deficit to USD 94.32 billion in April-September 2018-19.

Gold falls Rs 60 on weak global cues, muted demand

Gold is trading at Rs 34,530 per 10 grams at the bullion market backed by weak trend overseas.

26 Feb 2019 2:36 PM IST

The application has been filed under Section 7 of the Insolvency and Bankruptcy Code 2016. (Photo: ANI)

JM Financial files application with NCLT against Hotel Leela Venture

The potential share issue could have hiked the JMARC's stake in Leela Venture to 75 per cent from the current 26 per...

26 Feb 2019 2:21 PM IST

The agenda going forward is clear: The banks have to regain the confidence of investors so that they can raise funds from the capital markets and not be dependent on government. (Representational image)

'Effective steps' on anvil to deal with frivolous bids under IBC, says...

Srinivas also said a time would come when the Code becomes the last resort to deal with stressed assets.

26 Feb 2019 2:18 PM IST

ArcelorMittal India Pvt Ltd submitted a plan to Indias NCLT, which deals with insolvency and company disputes, on Feb 12 to bid for Essar Steel in partnership with Nippon Steel.

ArcelorMittal says facing risks like excess capex on proposed Essar

The world's largest steelmaker ArcelorMittal's takeover proposal of the Essar Steel India Ltd (ESIL).

26 Feb 2019 2:12 PM IST

Delhi deputy chief minister Manish Sisodia and AAP MLA Saurabh Bhardwaj address the media in New Delhi, on Saturday. (Photo: PTI)

Delhi govt allocates Rs 100 cr for providing MSP to farmers

Delhi is the first state in the country to implement the Swaminathan Commission report on farming sector: Sisodia.

26 Feb 2019 2:00 PM IST

Normally, the deadline to file your income tax returns is July 31 every year. This year, as it often does, the government extended the deadline to August 31.

Avoid buying life insurance just to save income tax

The life insurance business has grown manifolds in India because of the efforts put up by million agents, lakhs of...

26 Feb 2019 1:34 PM IST

PDS sugar rate for select groups is also hiked from Rs 15 per kg to Rs 20.

Iran buys Indian raw sugar for the first time in five-years: sources

Iran is buying the sugar from India to use up the rupees it has received for oil sales to India.

26 Feb 2019 1:01 PM IST