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Govt looks into Flipkart, Amazon festive discounts after retailer complaints

TMT

15 October, 2019

Govt looks into Flipkart, Amazon festive discounts after retailer complaints

The Indian government is looking into whether hefty discounts offered on Walmart-owned Flipkart and Amazon.com during their online...

PM Modi's switch to faceless assessment irks tax unions

Finance

15 October, 2019

PM Modi's switch to faceless assessment irks tax unions

Indian tax officials are pushing back against Prime Minister Narendra Modi’s new faceless tax assessment program, complaining...

Grapevine: T Rowe, D1, Discovery Capital may back Paytm; Doodhwala shuts

General

15 October, 2019

Grapevine: T Rowe, D1, Discovery Capital may back Paytm; Doodhwala shuts

Leading US-based asset management firms and hedge funds T Rowe Price, D1 Capital and Discovery Capital are in talks to ......

Retail inflation quickens to 3.99% in September

Economy

14 October, 2019

Retail inflation quickens to 3.99% in September

India’s retail inflation rate rose to 3.99% in September, driven by higher food prices, the government said on Monday, close...

JSW Ventures ropes in former Capital18 exec as partner

People

14 October, 2019

JSW Ventures ropes in former Capital18 exec as partner

Sajjan Jindal‎-led JSW Group’s venture capital arm, JSW Ventures, said on Monday that it has appointed Sachin Tagra...

Citigroup names Suneel Hargunani co-head of EMEA for equity capital markets unit

Finance

14 October, 2019

Citigroup names Suneel Hargunani co-head of EMEA for equity capital markets unit

Citigroup Inc on Friday named Douglas Adams and James Fleming global co-heads of its equity capital markets business, which helps...

Premium
How Madhu Jayanti plans to expand tea business after buying Eveready brands

Consumer

14 October, 2019

How Madhu Jayanti plans to expand tea business after buying Eveready brands

Madhu Jayanti International Pvt. Ltd aims to double the revenue from the tea brands it bought from Eveready Industries India ......

Mumbai-born Abhijit Banerjee, two others get Nobel in economics for 2019

People

14 October, 2019

Mumbai-born Abhijit Banerjee, two others get Nobel in economics for 2019

Mumbai-born economics professor Abhijit Banerjee and his wife are among the three people who have won the Nobel Prize in ......

Grapevine: Altico resolution plan soon; DHFL may sell wholesale book to Oaktree

General

14 October, 2019

Grapevine: Altico resolution plan soon; DHFL may sell wholesale book to Oaktree

Altico Capital India Ltd, the real estate-focused lender that defaulted on interest payments in September, may float a resolution...

Enforcement Directorate links over $500 mn Bhushan Power assets to fraud probe

Manufacturing

14 October, 2019

Enforcement Directorate links over $500 mn Bhushan Power assets to fraud probe

India’s financial fraud agency said on Saturday assets worth 40.25 billion rupees ($567.60 million) of Bhushan Power &...

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