Tokyo,NOV 08:
Toshiba Corp said it is liquidating its British nuclear power unit and selling its US liquefied natural gas business, in an effort to shed troubled assets that could have exposed the Japanese company to future losses.
The plans are...
NEW DELHI,NOV 08:
Digital assistants, social media and third party channels are expected to be the primary channels for banking by 2022, apart from mobile and online, a report said Wednesday.
“After existing digital channels (mobile and online), digital assistants, social...
NEW DELHI,NOV 08:
India will start exporting raw sugar to China from early next year, a move which will help to bridge the widening trade deficit with the neighbouring country, the commerce ministry said Thursday.
"A contract for exporting 15,000 tonnes...
NEW DELHI,NOV 08:
Fair trade watchdog CCI has concluded that the business practices of Flipkart and Amazon are not in violation of competition norms and rejected allegations of abuse of market dominance made by a grouping of online vendors.
Amid concerns...
NEW DELHI,NOV 05:
The Finance Ministry is eyeing about Rs 8,000 crore through the launch of follow-on public offer of CPSE exchange-traded fund (ETF) by the end of this month, an official said.
This would be the fourth tranche of the...
NEW DELHI,NOV 05:
New age insurance company, Acko General Insurance, today announced a strategic tie-up with UrbanClap, a mobile-based services marketplace. Acko has developed an accident insurance product for top performing UrbanClap professionals, also referred to as ‘partners’.
UrbanClap has a...
NEW DELHI,NOV 05:
The country's largest lender SBI Monday reported 69 per cent decline in consolidated net profit to Rs 576.46 crore in the second quarter ended September 30.
The bank's net profit was Rs 1,840.43 crore in the July-September quarter...
NEW DELHI,NOV 05:
Baba Ramdev-led Patanjali Ayurved on Monday forayed into the fast growing branded apparel segment through its brand 'Paridhan' and expects a sale of around Rs 1,000 crore next fiscal.
The Haridwar-based firm plans to open around 100 outlets...
NEW DELHI,NOV 05:
Cipla Ltd, India’s second-largest drugmaker by market capitalisation, warned on Monday of “multiple headwinds” in the second half of the financial year after its quarterly profit fell short of analysts’ estimates.Shares of the company declined as much...
NEW DELHI,NOV 05:
Gold and jewellery sales in the morning trade remained subdued this Dhanteras on Monday owing to sluggish demand from consumers amid high prices, according to industry players.
However, organised players like P C Jewellers are expecting better sales...
