Business- Page 361

Mumbai :Walmart is likely to announce its much-anticipated deal to buy a controlling stake in Indian e-commerce company Flipkart today, in what is likely to be the US retail giant’s biggest acquisition.

Chandigarh:After three years, basmati has regained the top slot in the exports of agri and processed food category in 2017-18, surpassing buffalo meat. During the year, basmati contributed 22.60% to the country’s

New Delhi: The all-powerful GST Council on Friday deferred a decision on levying a cess on sugar and referred the issue of incentivising digital payments to a group of state finance ministers.

New Delhi/Washington: India is doing “extremely well” on electrification with nearly 85 per cent of the country’s population having access to electricity, the World Bank has said. Between 2010 and 2016, India

New Delhi: Moving closer to its deal with Walmart, e-commerce major Flipkart has bought back over 1.8 million shares worth more than USD 350 million from minority investors, as per information filed

Mumbai :India’s clampdown on unaccounted cash has sent a flood of money into the private banking industry, prompting a major lender to embark on a hiring binge for wealth managers. HDFC Bank

New Delhi: A month after India’s central bank barred regulated lenders from facilitating cryptocurrency transactions, trading volumes have surged dramatically alongside a sharp rally in prices. Exchange operators, investors and analysts say

Manila: The Indian rupee at 65-66 per US dollar is its “fair” value and does not require any intervention, Economic Affairs Secretary Subhash Chandra Garg said, allaying concerns of the impact of

New Delhi: Over 3 crore e-way bills were generated on the portal by May 2, almost a month since the system was introduced in the country, according to a top official. “On

New Delhi: India’s services sector continued to improve in April, mainly spurred by increased business activities, and job-creation accelerated at the fastest pace in more than seven years, a monthly survey said