Anil Ambani may soon exit from the mutual fund space by selling of his 42 per cent stake to joint venture partner Nippon Life to reduce debt. The deal... Read more »
Telecom subscribers in the country have grown marginally to 119.7 crore in December operators, Reliance Jio and state-run BSNL roping in new mobile users, according to a Trai report.... Read more »
The GST Council has delayed a decision on rationalisation of tax rates for real estate and lotteries till February 24 when it will continue the discussion, as some opposition-ruled... Read more »
At the 10th edition of KIE’s Chasing Growth conference, Uday Kotak focused at chasing growth over the next 10 years, outlining potential 8% GDP growth and a need for... Read more »
Operating margins of sugar millers could improve by 300-400 basis points (bps) in sugar season (SS) 2019 (October 1, 2018, to September 30, 2019) following a ~7% increase in... Read more »
Governor of Reserve Bank of India Shantikanta Das said that he would meet top officials of state-run and private sector banks by the end of this month. They will... Read more »
Million dollar beverage company PepsiCo plans to divest its bottling franchisee rights in the West and South of the country. The company in talks is Varun Beverages in a... Read more »
The Central Information Commission asked the RBI to come clean on “perfunctory handling” of an RTI application. The application wished to seek records to the RBI board meetings where... Read more »
Since tax concessions have been provided with a view that poor and middle class people live less stressful lives. Finance Minister Piyush Goyal on Tuesday said that now individuals... Read more »
Swedish home furnishings major IKEA on February 14 said it strives to have an omnipresence in India in the months to come. In 2018, IKEA had started its first... Read more »