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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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Morning News Call - India, October 26

To access the newsletter, click on the link: If you would like... ...
Sensex, Nifty ends flat; Oil & Gas, Capital Goods stocks lead

The Indian stock market recovered from the previous session's multi-month low and closed marginally higher with financials gaining on the prospect... ...
Live Stock Market Updates - Sensex, Nifty flat; Realty, Banking gain

The INDIA VIX is down 2.91% at 14.9750. Out of 1,873 stocks traded on the NSE, 504 declined, 1,056 advanced and 313 remained unchanged today. The... ...
Aerocity set to become a leisure destination

Nine years after getting permission, aerocity, the 45-acre complex set up as a transit hub near the Delhi airport, is set to be known as the next... ...
U.S. women seek feminine ways to carry concealed guns

More on Reuters Videos: 'BRICS Business Council looking at boosting intra-group trade' IANS - 19 minutes ago New Delhi, Oct 7 (IANS) The BRICS... ...;_ylt=AwrHgZYvyfdX5UMAOQEJc7lG;_ylu=X3oDMTNjbjd0dTYwBG1pdANNaXhlZCBpdGVtcyBDYXJvdXNlbCBob21lcGFnZQRwa2cDOGJkOTEwYWItMjQ5Yy0zYzQyLWIxMmYtMTkzNjdjYzVjNDE5BHBvcwMzBHNlYwNNZWRpYUJMaXN0TWl4ZWRMUENBVGVtcA--;_ylg=X3oDMTI4cGFmMmVqBGludGwDaW4EbGFuZwNlbi1pbgRwc3RhaWQDBHBzdGNhdANwZXJzb25hbGZpbmFuY2V8cmVhbGVzdGF0ZQRwdANzZWN0aW9ucw--;_ylv=3

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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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