Walmart acquires 77% stake in Flipkart Group
Bengaluru : Retail giant Walmart Inc. on Saturday acquired approximately 77 per cent stake in e-commerce major Flipkart. According to...
Business
Infosys CFO Ranganath resigns
Bengaluru : Infosys Chief Financial Officer (CFO) M.D. Ranganath has resigned from the executive post, the IT major said on...
Rupee weakens in forward trade to Rs 70.10 per dollar
Mumbai : Rupee weakened marginally in the Non-Deliverable Forward or the overseas markets on Friday. According to analysts, the trend...
Rupee devalues to record low beyond 70.20
Mumbai : Wider trade deficit, along with recent outflow of foreign funds, weakened the Indian rupee to a fresh record low...
IDBI Bank’s Q1 net loss widens to Rs 2,410 cr
Mumbai : State-run IDBI Bank's standalone net loss has widened to Rs 2,409.89 crore for the first quarter of 2018-19...
SpiceJet incurs Q1 standalone net loss of 38.06 cr
Mumbai : Budget passenger carrier SpiceJet on Tuesday reported a standalone net loss of 38.06 crore for the quarter ended...
Flipkart shuts eBay India operations; to launch new site
Bengaluru : Leading e-tailer Flipkart on Tuesday shut its eBay India operations, three months after US retail giant Walmart bought...
Rupee hits record low against US dollar; recovers a bit
Mumbai : Fears over a rise in global protectionist measures, along with a strong US economy, dragged the Indian rupee...
Rupee crosses 70 against US dollar
New Delhi : Fears over a rise in global protectionist measures, along with a strong US economy, dragged the Indian rupee...
Amazon invests $400 million more in its Indian arms
Bengaluru : The US-based world's largest e-tailer Amazon invested an additional $400 million (Rs 2,700 crore) in two of its...
