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AWS accounted for 60% of Amazon’s operating income in the most recently reported 12 months. (Reuters)US antitrust enforcers have broadened their scrutiny of Amazon.com Inc. beyond its retail operations to include its massive…

Post merger, the Canara Bank will have a total of Rs.15 lakh crore turnover, he told reporters here.The Canara Bank and the Syndicate Bank, set to be merged as part of the Centre’s mega consolidation plan for banks, would become one…

The Department of Financial Services will get an additional Rs 4,557 crore for infusion into IDBI Bank through recap bonds.Net foreign direct investment (FDI) in India rose 23% to $20.9 billion in the first half of the current fiscal,…

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NEW YORK (Reuters) - The co-managers of the best stock mutual fund of this decade work out of a small office in Los Angeles, rarely talk with the financial media and have never appeared as guests on CNBC looking to raise their profile.…

India is moving from a services economy to a product-nation.In business, regardless of whether one is an entrepreneur or an investor, every decision in favour of something is a decision against something else. B2C startups valuations had…

For the big players, there is a fairly mature supply chain market. But the non-financial procurement process of approving the invoice for payment is still painful. CLarge banks may eventually look at lending to small entrepreneurs as…

The bonds will be available for two maturities — three years and 10 years. The first tranche will comprise AAA-rated bonds.The Bharat Bond Exchange Traded Fund (ETF), a basket of bonds issued by government-owned enterprises, could see…

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LONDON (Reuters) - Sovereign wealth funds regained their appetite for equities in the third quarter, piling into passively managed stocks in the United States and equities in mainland China and elsewhere, according to eVestment data.…