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CCI orders antitrust probe against Amazon, Flipkart

TMT

13 January, 2020

CCI orders antitrust probe against Amazon, Flipkart

India’s antitrust body on Monday ordered an investigation into alleged competition law violations by Amazon.com Inc and...

SEBI extends deadline to split chairperson, MD roles at listed companies

Finance

13 January, 2020

SEBI extends deadline to split chairperson, MD roles at listed companies

The Securities and Exchange Board of India (SEBI) has extended a deadline for the country’s top 500 publicly listed companies...

Retail inflation accelerates to more than five-year high in December

Finance

13 January, 2020

Retail inflation accelerates to more than five-year high in December

India’s annual retail inflation accelerated to 7.35% in December, the highest in more than five years, strengthening views...

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Value Lens: Why UTI AMC is unlikely to get a hefty price tag in IPO

Finance

13 January, 2020

Value Lens: Why UTI AMC is unlikely to get a hefty price tag in IPO

UTI Asset Management Co Ltd, which is gearing up to float an initial public offering, may get a conservative valuation ......

Walmart sacks 56 executives in India restructuring

Consumer

13 January, 2020

Walmart sacks 56 executives in India restructuring

Walmart Inc, the world’s largest retailer, has fired around 50 of its India executives as part of its restructuring in ......

Grapevine: Morgan Stanley may buy into Centrum unit; Lightbox may invest in Cityflo

General

13 January, 2020

Grapevine: Morgan Stanley may buy into Centrum unit; Lightbox may invest in Cityflo

A private equity fund managed by Morgan Stanley is in advanced talks with Centrum Group to pick up a 20% ......

Amazon boss Bezos to face protests from traders during India trip

People

13 January, 2020

Amazon boss Bezos to face protests from traders during India trip

Thousands of small-scale traders in India are planning to organise protests against Amazon.com Inc founder Jeff Bezos, who will...

Slowing economy led to record drop in car sales in 2019

Manufacturing

10 January, 2020

Slowing economy led to record drop in car sales in 2019

Car sales in India fell by a record 19% last year as a slowing economy made consumers reluctant to spend ......

Govt to seek more dividend from RBI amid revenue shortfall

Economy

10 January, 2020

Govt to seek more dividend from RBI amid revenue shortfall

India’s government plans to push the central bank for a fiscal lifeline in the form of another interim dividend, as ......

Yes Bank snubs Canadian investor Braich's offer; independent director quits

Finance

10 January, 2020

Yes Bank snubs Canadian investor Braich's offer; independent director quits

Uttam Prakash Agarwal, an independent board member with Yes Bank Ltd, resigned from the lender’s board and stepped down...

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