While festive season spends by consumers did contribute to the uptick seen in Q3, experts said greater aggression displayed by retailers to corner a larger share of the shopper's wallet also worked.
The finance ministry has agreed to furnish sovereign guarantees on loans raised by National Aviation Company India Ltd, which flies under the Air India brand name. A top source in the ministry confirmed: "Yes, we will provide sovereign guarantee to Air India on its loans. After all, it is a company owned by the government."
With 15% customs duty hike on locally assembled vehicles, it is cheaper to import from Thailand, says India MD
Fintechs need to behave with responsibility and transparency. A lot of mis-selling has been happening. Other issues have been plaguing the fledgling industry -- high interest rates, even higher processing fees, harsh collection process and, most critically, data leakage leading to rampant frauds, points out Tamal Bandyopadhyay.
Real, Barca topple United off perch to become top earning clubs
This recognition is a testimony of India's strong belief in promoting entrepreneurship
A family man with two sons, who made it a point to attend all weddings and occasions in the community, Siddhartha is known by everyone as the quintessential 'nice guy' CEO -- never yelling, raising his voice or screaming at his employees, says Pavan Lall.
The CBI has shared its findings with the Enforcement Directorate.
As PM talks of lower lending rates, housing companies prepare to cash in.
After months of pursuing PT Megasari Mamsur, the Indonesian household product maker, Godrej Consumer Products Ltd on Tuesday announced it has sealed the deal to acquire Megasari, as well as its distribution arm, PT Intrasari Raya.
Petrol and diesel will cost Rs 2 a litre less from Wednesday after the first excise duty cut by the Modi government comes into effect.
Doting father Vinoth Chandar made an animation character based on his little girl to amuse her. Today, it has grown into a YouTube channel with 14 million subscribers from 75 countries.
The company shut its factory on June 3, which ironically was also World Bicycle Day. It laid off its 431 remaining employees, but the company insists they continue to be on its rolls and will be paid "lay-off wages" upon marking attendance daily.
Although the United Progressive Alliance government returned to power, minus the push and pulls of Left parties, it decided to keep western multi-brand retail chains off from the country's $450-billion retail market.
Whatever happens to WPP, the marketing communications business will no longer be the same again, says Sreekant Khandekar.
A total of 211 companies issued 763 offers to the students in the first phase which is the highest number of placement among any IITs across the country in this year.
The retail companies are hoping that the Finance Minister Pranab Mukherjee would accord industry status to the sector and allow unrestricted foreign direct investment inflow.
The price of an old car versus that of a brand new one always tilts the scales in favour of the former.
In its investor presentation, IHH said it wanted to develop Fortis into a market leader.
SBI chairman Rajnish Kumar said Naresh Goyal would be eligible to bid for the airline when the lenders auction it next month.
The government on Wednesday said it has cleared Norwegian telecom firm Telenor's proposal to invest Rs 1,000 crore in a joint venture company in the telecom sector.
Increase in first half of FY14 comes despite a fall in average crude prices; weak rupee helps.
How Chanda Kochhar and her husband Deepak Kochhar find themselves in a huge controversy.
Desperate times need desperate actions, and the BJP's only option is to enforce legislation to build a Ram mandir, says Sunil Sethi.
Anjana Reddy explores the market for home-grown Indian celebrity fashion brands at affordable prices.
Chetan Bhagat turns entrepreneur by getting into the movie business with Half Girlfriend.
Practising Indira Gandhi's brand of socialism today will not just be anachronistic but also economically harmful.
Pawan Hans, Dredging Corp on list to meet target of Rs 800 bn for 2018-19
Cybersecurity is a great opportunity for you to start your career.
The Tata Sons' chairman emeritus has been aggressively investing in start-ups, ranging from e-commerce firms to cab aggregators
Select works from the airline's huge art collection will be showcased at the National Gallery of Modern Art in the exhibition titled 'Air India salutes Indian Masters', which begins in New Delhi on Saturday and runs till September 1.
Take the good out of both and ensure that our life is to the fullest, with the best of both worlds.
The government promised on Friday to remove distortions in excise duty on branded and packed refined oils, which analysts said allowed companies to avoid the levy.
Now govt employees to enjoy greater say in how their NPS corpus is invested. Younger employees should raise their allocation to equities in this very long-term investment instrument
'One wishes that today's 'take no prisoners' brand of politics would give way to an understanding of the national interest that is shared by both government and Opposition.'
With cash shortage and plans going awry, the AirAsia owner is looking to cash out of the venture he built with Ratan Tata in 2013.
Petrol and diesel prices will go up by Rs 2.67 a litre and Rs 2.58 per litre, respectively, after Finance Minister Pranab Mukherjee on Friday raised customs and excise duties on the two, virtually putting the Kirit Parikh Committee report on fuel price in cold storage.
Govt hikes excise duty on petrol, diesel to mop up Rs 2.5K-cr.
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