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Aditya Birla, Future apply for payment bank licence

Telecoms investor Aditya Birla Nuvo Ltd and retailer Future Group were among the first big names to apply for licenses to run so-called payments banks, under rules meant to put basic banking within......

Wal-Mart spent $334 mn in severing ties with Bharti

US retail giant Wal-Mart, which ended 6-year-old joint venture with Bharti Enterprises last year, spent $334 million to break ties with the Indian firm. The Bentonville-based firm said it......

Bharti names ex Wal-Mart executive Raj Jain as retail CEO

Bharti Retail on Friday announced appointments of former head of Walmart India Raj Jain (Bottom, Left) as its CEO and Pankaj Madan, another senior executive of erstwhile joint venture Bharti......

Walmart gets CCI approval to buy Bharti's stake in Indian JV

Global retail giant Walmart has got fair trade regulator CCI's green signal for purchase of Bharti group's almost 50 per cent stake in their Indian joint venture for wholesale stores business.......

Walmart seeks more time to convert $100 mn Bharti debentures

US retail giant Walmart has asked the government for more time to convert $100 million of debentures held in a Bharti Group unit, an investment that's being investigated for alleged violation of......
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Today's Stock Market Watch

Domestic stock markets are likely to open with a negative bias on Friday, according to Nifty futures GLOBAL MARKETS ROUNDUP The market extended... ...
Hyperlocal drug delivery startup Pluss raises $1M

Pluss , a hyperlocal delivery startup for medicines and healthcare products, has raised $1 million (Rs 6.65 crore) in pre-Series A funding from IDG... ...
Reliance Jio Relies On Digital Content to Take On Peers

Mukesh Ambani-run Reliance Jio Infocomm plans to position itself as a digital content company to make it distinct from other mobile phone operators... ...
'Will Reliance Jio be a blow to net neutrality?'

Reliance Industries Ltd will soon launch its long-planned and long-awaited telecom service, Reliance JIO Infocomm, which will go head to head with... ...
Global cues driven rally at D-Street; Nifty reclaims 7,800

Markets have extended its rally with Nifty reclaiming the 7,800 mark led by rate sensitive stocks amid positive global cues after US Federal... ...

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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