Total exit value breached the $10 billion mark for the first time to touch $10.3 billion this calendar, from $9.4 billion in 2015
The decision of the Telecom Commission to approve in-flight connectivity won't just bring cheer to the chat-friendly passengers, but even more to the telecom industry facing severe financial stress, says Nivedita Mookerji.
If Sachin Bansal sells his stake at a little over 5 per cent and steps down from Flipkart, as reports have suggested recently, either Binny Bansal or Kalyan Krishnamurthy, CEO of Flipkart, could be an option for the leadership position.
According to documents accessed by Business Standard, RIL increased its direct stake in Jio to 98.9 per cent as on March this year by pumping more capital into the company.
RJio is targeting the existing base of high-value customers.
The India Meteorological Department on Tuesday said the monsoon this year is expected to be 'above normal.'
The Sensex and Nifty remained above their key levels of 36,000 and 10,900 throughout the session, indicating strong investor optimism after a prolonged spell of caution.
Not just Tesco, Auchan, Walmart, even Biyani & Reliance keen on food FDI: Harsimrat Kaur Badal
Revenues of Airtel and Idea have been hit by falling realisation and analysts said margins would be affected by higher costs.
India has 53 achievers on the list, second only to China which has 76 honorees.
Year 2013 saw business leaders facing the ire of hostile investigative agencies.
The market could see a fresh round of tariff war, similar to what happened in the voice market a few years ago.
It will bring in more transparency and reduce mis-selling
In August, RBI allowed 11 business houses to start a payments bank.
Markets ended lower on Tuesday, snapping a two-day winning streak, as investors turned cautious and booked profit in financials.
Auto stocks led the rally with Tata Motors, Hero MotoCorp and Maruti Suzuki leading the gains.
In conversation with Walmart India president and CEO Krish Iyer.
Broader markets are outperforming the benchmark indices- BSE Midcap and Smallcap indices are up 0.8%-1%.
The financial year ending Saturday saw such big-ticket events that set the directional tone for the country's business journey.
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Traders were up in arms, fearing huge job loss if Walmart was to enter.
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The benchmark has gained 2 per cent this week on continued hopes the incoming Narendra Modi government would unveil substantial economic reforms.
The letter was written on February 20, two weeks after the Cabinet Committee of Economic Affairs had approved the 100 per cent ownership proposal of Vodafone Plc in Vodafone India, at a proposed investment of Rs 10,141 crore (Rs 101.41 billion).
Prime Minister Narendra Modi's three-day visit to Britain has seen India and the UK agreeing on Rs 90,000 crore deals.
He's betting big on small stores to help him reach 10 million households by FY21, report Abhineet Kumar and Raghavendra Kamath.
India Inc is facing threat from non-traditional sources.
Tim Cook, CEO of Apple, recently stated that he sees India in the same position that China was seven to ten years ago
Firms are offering employees flexi hours; demand for air purifiers, masks have skyrocketed.
Future, which recently tied up with Amazon in India to sell its fashion and food products exclusively on the American giant's marketplace platform, is looking at a gross merchandise value of about Rs 6,000 crore (Rs 60 billion) in the next three years from the venture.
Bankers say it's a question of survival for debt-heavy companies.
Firm makes Rs 4,858-crore loss on Rs 10,799-crore income.
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.
In an all Dalit village in Muzzaffarnagar, three girls who do mazdoori after finishing the day's chores, will cast their vote for the first time. Opening their home and heart to Archana Masih/Rediff.com, they say all they want is a high school, a vehicle to take them to the main road and a sewing machine.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
The profit boost for studios will in large part be driven by the rush for local-language content from platforms like Netflix Inc
The year 2014-15 could well go as one of long-pending financial sector reforms, expected to have a lasting impact.
The 30-share Sensex lost 54 points at end at 27,086 and 50-share Nifty shed 19 points to close at 8,096.
Together, they controlled nearly Rs 26 lakh crore of assets at the end of FY16.
Gains were led by index heavyweights with Reliance Industries contributing the most.
Viom Networks is planning to raise arouns Rs 1500 crore (Rs 15 billion) and is likely to list its shares on the London Stock Exchange (LSE), say sources.
The policy statement by the RBI governor is also expected to be upbeat.
