The government has transferred bureaucrat Lok Ranjan, its nominee on the board of the controversy-hit ICICI Bank, from the Finance Ministry to the Department of Personnel and Training. According to a notice... Read more »
Over 10 lakh bankers in government and private banks will go on a 48-hour strike starting on May 30, said an All India Bank Employees Association (AIBEA) leader. The United Forum of... Read more »
Telecommunications service provider Ericsson on Thursday introduced a new category of radio products called Street Macro in India to enable a smooth evolution from 4G to 5G. Street Macro is a new... Read more »
The Indian automobile sector’s sale of domestic passenger cars grew by 4.89 per cent in April, data showed on Thursday. As per the data furnished by the Society of Indian Automobile Manufacturers... Read more »
Easy and dedicated access to institutional financing, higher limit on external commercial borrowings (ECB) will attract more investments and assure sustained growth of affordable housing in India, making it the core driving... Read more »
The Confederation of All India Traders (CAIT) on Thursday launched a nationwide campaign to support the Union government’s target of 30 billion, in 2018-19. According to CAIT Secretary General Praveen Khandelwal, the... Read more »
Walmart Inc. has announced that it has signed definitive agreements to become the largest shareholder in Flipkart Group (“Flipkart”). The investment will help accelerate Flipkart’s customer-focused mission to transform commerce in India... Read more »
Having made its presence felt with a strong tech-enabled physical network, Fino Payments Bank on Wednesday announced the launch of digital services suite. This allows Fino to expand its footprint in the... Read more »
World’s largest e-commerce player Amazon has invested an additional Rs 2,600 crore in its India operations ahead of the US retail giant Walmart taking over the country’s e-tail major Flipkart. “The Amazon... Read more »
The business optimism in India has deteriorated with the country ranking sixth globally on the optimism index in the first quarter of 2018, said Grant Thornton’s International Business Report (IBR) on Tuesday.... Read more »