Walmart-owned Flipkart has reportedly shifted a significant portion of manufacturing and sourcing for its in-house brands to India. The homegrown e-commerce major has been sourcing products for its brands... Read more »
FMCG major Colgate-Palmolive India Ltd (CPIL) Monday achieved a 4.67 per cent rise in net profit at Rs 197.59 crore for the fourth quarter ended March 2019, led by... Read more »
In a setback to ICICI Bank, the National Company Law Tribunal (NCLT) has rejected the private lender’s plea to initiate insolvency proceedings against Era Infrastructure (India), citing “duplicacy” of... Read more »
Bharti Airtel Ltd’s fiscal-fourth quarter profit rose 29% from a year earlier because of a one-time gain of ₹2,022.1 crore and a tight control on sales and marketing expenses amid a... Read more »
Global payments giant Mastercard decides to invest $1 billion or around Rs 7,000 crore in India over the course of five years. Out of the total capital, Mastercard plans... Read more »