Walmart’s Flipkart says Indian probe shouldn’t treat it the same as Amazon

NEW DELHI: In an Indian cartel investigation, Walmart's Flipkart should not be treated in the same way as rival Amazon, as the evidence against...

Paytm seeks shareholder approval for $1.6 billion sale of new stock

NEW DELHI: Indian digital payment company Paytm is seeking shareholder approval to sell up to Rs.12,000 billion in new shares. Paytm, which counts China's...

Indian refiners set to curb spot buying to make room for Iranian oil

NEW DELHI: Indian refineries, awaiting US sanctions lifting, plan to make way for Iranian imports to resume by buying less crude oil in the...

Sensex dives 883 points amid surging Covid-19 cases; Nifty settles at 14,359

NEW DELHI: The stock indices fell on Monday and the BSE sensex benchmark index fell over 850 points amid an unstoppable spike in coronavirus...

Govt may hike FDI limit in pension sector to 74%; Bill likely in monsoon...

NEW DELHI: The government could raise the limit on foreign direct investment in the pension sector to 74 percent, and a bill on this...

SBI to conduct e-auctions of 12 bad accounts this month

NEW DELHI: State Bank of India (SBI) will be running e-auctions of 12 faulty accounts this month to receive over 506 billion rupee fees...

ECB signals faster money-printing to keep lid on yields

FRANKFURT: The European Central Bank announced on Thursday that it would accelerate money pressures to keep borrowing costs under control in the eurozone and...

Asset monetization in India: Govt targets Rs 1.3 lakh crore from rail, telecom assets...

NEW DELHI: The government is aiming for half of its Rs 2.5 billion asset monetization target from railways and telecommunications, and is looking for...

Sebi, IFSCA look at setup for ‘blank cheque companies’ in India

MUMBAI: Two state regulators - domestic market watchdog Sebi and its counterpart to Gujarat's GIFT City, the International Financial Services Centers Authority (IFSCA) -...

Kalyan Jewellers IPO price fixed in Rs 86-87 range

MUMBAI: Kalyan Jewelers, backed by Warburg Pincus, have set a price range of 86 to 87 rupees per share for their IPO, which opens...

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