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HMSI plans to expand sales network to 6,000 touchpoints from 5,700 outlets last financial year.

HMSI eyes expansion with Rs 800 cr investment in FY'19

The company exports to around 27 countries, including Sri Lanka and Nepal.

10 April 2018 1:59 PM IST

Handset maker Xiaomi on Monday hosted more than 50 of its global component suppliers here to showcase opportunities in India.

Xiaomi calls on global phone component makers to invest in India

The Chinese firm has six smartphone manufacturing plants in India in partnership with Foxconn and Hipad.

9 April 2018 8:05 PM IST

Balanced mutual funds received more than Rs 47,000 crore. (Photo: Representational/PTI)

Equity mutual funds log Rs 1.7 lakh crore inflow in FY18

According to Amfi data, equity funds, which also include equity-linked saving schemes, saw net inflows of Rs 1,71,069...

9 April 2018 3:38 PM IST

Xiaomi phones made in India will have PCBs that are locally assembled.

Xiaomi sets up new mfg units in India for smartphones, PCBs

Xiaomi is among the top three smartphone players in the country.

9 April 2018 12:16 PM IST

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

SBI to invest Rs 80 billion in hydropower project of Nepal

The Nepal Investment Board will soon issue the license for the construction of the project.

9 April 2018 8:51 AM IST

Government is planning to phase out LPG susbidy by March 2018. (Photo: PTI)

HPCL gets green nod to set up Rs 136 crore LPG plant in Bihar

Govt's aim is to increase LPG penetration to 75 pc by addition of 5.5 crore new LPG connections till 2019-20.

6 April 2018 2:51 PM IST

Chinese technology firm Xiaomi will be hosting a supplier investment summit in India from April 9-11 to help over 50 of its partners evaluate opportunities for setting up local base in India.

Xiaomi to host supplier summit in India from April 9-11

Xiaomi will be hosting a supplier investment summit in India from April 9-11 to help over 50 of its partners.

5 April 2018 4:48 PM IST

George Alexander Muthoot, the managing director of Muthoot Finance said, 60 per cent of the issue is allocated to retail and high networth individual investors.

Muthoot Finance to sell Rs 3000 cr debt

Muthoot Finance said it will raise up to Rs 3,000 crore in debt, to help it to expand its loan book.

3 April 2018 5:09 PM IST

Paytm has updated its app to launch Indias first APP POS, which will democratise digital payments. (Photo: Representational Image)

SoftBank, Alibaba to invest USD 445 mn in Paytm E-commerce

Alibaba, an existing investor in Paytm E-commerce, is also putting in $45 million in the round.

3 April 2018 8:28 AM IST

These chargers would facilitate electric car users to charge their cars (battery electric vehicles such as the Mahindra e2o, Nissan Leaf, etc) at any time safely and conveniently. The chargers can also monitor the car battery charging status and units consumed while charging a car.

EESL to invest Rs 2,400 cr to buy 20,000 EVs by March 2019

EESL has also rolled out the plan for setting up charging stations across the country.

2 April 2018 3:41 PM IST

SoftBank wrote off 39.28 billion yen in the value of shares in its Indian investments

SoftBank, China's GCL team up for USD 930 million Indian solar venture

SoftBank and GCL's new venture will eventually have a capacity of 4GW and will be implemented in two 2GW phases.

2 April 2018 3:24 PM IST

The government has decided to increase the New Fund Offer (NFO) size of Bharat 22 ETF from Rs 8,000 crore to Rs 14,500 crore. (Photo: PTI/Representational)

Govt plans 2nd tranche of Bharat-22 ETF

Govt had raised Rs 14,500 crore through the first tranche of Bharat-22 Exchange Traded Fund.

2 April 2018 3:03 PM IST