Nicolas Franchet, Facebook's global head of retail and e-commerce, talks to Business Standard about how the company can help e-commerce firms target customers.
The latest update is on Zomato's fourth acquisition overseas this year.
Ramping up globally, the Indian restaurant search service is going as local as possible in its markets to improve its brand's stickiness.
SBI's number of foreign offices increased from 186 in March 2013 to 190 in March 2014, in 36 countries.
A senior RBI official said the regulator was focusing on performance of banks' statewise and in each district.
In an interview with Business Standard, Arundhati Bhattacharya says she expects stalled projects coming back on track in two quarters.
Banks, through the Indian Banks' Association, have urged RBI and credit information companies to maintain a database of wilful defaulters.
SBI, ICICI Bank and PNB reduce interest rate for loans above Rs 75,00,000
These numbers show overall exposure and are not a reflection that all loans are going to be impacted.
Reliance Retail would be exposed to implementation and execution risks in its expansion plans.
The Reserve Bank of India's ongoing inspection of the book of accounts of Syndicate Bank is unconnected with last week's arrest of S K Jain, its chairman and managing director.
India's internet subscriber base is 100-150 million, depending on whose estimates you take, and is growing at 20-30% a year.
Analysts say TCS's total dividend outgo in 2014-15 is likely to cross Rs 11,500 crore (Rs 115 billion), given its policy of paying quarterly dividends.
Rush to offload bad loans indicates a revival in asset-sale market
Norms governing investments by provident funds bar these from depositing funds in a commercial bank in case the NPAs of that bank exceed two per cent of net advances.
SBI's overall gross NPA as on end-December 2013 was close to Rs 68,000 crore ( Rs 680 billion) or 5.73 per cent of its gross advances.
The Sahara group's problems continue, with rating agency CARE cutting its 'BBB' ranking for Sahara Hospitality Ltd's (SHL) long-term bank facility to 'BBB-', due to sub-optimal financial and operational performance.
Currently, the West Asian banking group has three branches - in Mumbai, Hyderabad and Kochi.
The State Bank of India has proposed to the RBI to allow it to charge mark-to-market losses on its balance sheet.
NPAs, cost, fee income, productivity, HR reorientation are focus areas; schedules drawn for addressing all from weeks to a year.
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