Industry

Traders’ body CAIT on Sunday said it will launch a nation-wide movement to protest against e-commerce majors Amazon and Flipkart, alleging that they are flouting FDI policy norms and destroying the country’s retail business.In a…
Read More...

The company would also be launching a global debit card. (Image source: Uber.com)Uber is looking to empower its driver and delivery (courier) partners with a large set of financial services. The ride-hailing company recently announced…
Read More...

The RBI informed that Bharatiya Mahila Bank, State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala and State Bank of Travancore were merged with SBI with effect from April 1, 2017.Over…
Read More...

The overall unsold inventory is around 7.79 lakh units, of which 3.93 lakh units, or roughly 51%, is affordable.Even as the real estate sector grapples with liquidity crunch and overall subdued business sentiment, the industry is betting…
Read More...

Berkshire Hathaway said it made USD 16.52 billion, or USD 10,119 per Class A share, in the quarter, down from USD 18.54 billion, or USD 11,280 per Class A share, a year ago. (Reuters)Warren Buffett’s company reported Saturday that it saw…
Read More...

Individually, he has a stake of 50.75 per cent in the company, as per the filing.SpiceJetpromoter and chief Ajay Singh has pledged around 2.78 per cent shares towards securing a credit facility for the airline.A total of 1.67 crore…
Read More...

Droom Credit has already processed over 10,000 loans in last 12 months.Online automobile marketplace Droom on Saturday said it has acquired Xeraphin Finvest for an undisclosed amount, a move aimed at strengthening its lending arm Droom…
Read More...

Jio has separately written to Prasad opposing any bailout to telecom companies at taxpayer’s expense and asserted the COAI should not be considered an association representing the industry. (REUTERS)Ignoring its member Reliance Jio’s…
Read More...

The objective of launching RCEP negotiations is to achieve a modern, comprehensive, high-quality, and mutually beneficial economic partnership agreement.Union Commerce Minister Piyush Goyal has assured that the Centre will not take any…
Read More...

The period starting July and ending December 2019 is witnessing a growth in hirings.Hirings for apprentices are going to witness a spike till December as more employers look for long-term employment in various sectors. “The hiring…
Read More...