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  Business   Companies  10 May 2018

Business, Companies, 10 May 2018

Indian Bank Q4 profit slumps 59 pc to Rs 132 cr on higher NPAs

The bank had reported a profit of Rs 319.70 crore in the same period of 2016-17.

10 May 2018 4:11 PM

Walmart to open 50 new stores in India in 4-5 years

Walmart is buying 77 per cent of Flipkart from existing shareholders, including Japan's SoftBank.

10 May 2018 1:22 PM

Japan's Suzuki Motor sees 9.1 per cent profit slide

Suzuki and bigger rivals including Toyota Motor Corp and Honda Motor Co Ltd see a slide due to a stronger yen.

10 May 2018 1:11 PM

Sachin Bansal bids adieu to Flipkart in emotional FB post

US retailer Walmart Inc on Wednesday acquired 77 per cent stake in Flipkart for about USD 16 billion.

10 May 2018 12:50 PM

Govt denies approval for Jet Airways-Jet Lite merger

Shares of Jet Airways declined 2.36 per cent to close at Rs 499.80 apiece on the BSE.

10 May 2018 11:09 AM

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No ‘debt relief’ in sight for Bharti Airtel

Sunil Mittal’s Bharti Airtel is weighing various options to pare its Rs 96,000-crore debt.

10 May 2018 9:22 AM

Walmart pays $16 billion for 77 per cent Flipkart stake

World’s biggest e-commerce deal angers traders’ body, RSS affilate.

10 May 2018 5:45 AM

Walmart stocks dip over 4 per cent after deal

Flipkart is expected to generate meaningful losses for the next few years, so this is a bet for the future, say analysts.

10 May 2018 2:17 AM

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