Besta Shankar

Articles by Besta Shankar

Email : editor@ibtimes.co.in

Paytm lets you buy milk and vegetables using your debit/credit cards

Paytm delays launch of its payments bank business

Sharma said Paytm has "underestimated a lot of things" in commencing payments bank services.

Feb 13, 2016

Anil Agarwal to set up $10 billion LCD panel plant in Maharashtra

Agarwal said the company would try to make India a major export hub for display units.

Feb 13, 2016

Railway Budget to focus on raising investments: Suresh Prabhu

The minister also said the government would continue with initiatives taken in the last Budget for the development of Railways.

Feb 13, 2016

IDBI Bank posts record loss of Rs 2,184 crore for December quarter

The bank had earned a net profit of Rs 102 crore in the Oct-Dec quarter in 2014.

Feb 13, 2016

Risk aversion buying pushes gold prices to near Rs 30,000 per 10 gm

Gold prices have gone up sharply during this week amid a tailwind generated by stock markets and a depreciation in rupee.

Feb 12, 2016

Sun Pharma Q3 profit surges 28% despite lower US sales

The pharma major said that the quarterly sales were impacted due to competitive pressure and temporary supply constraints.

Feb 12, 2016

India car sales hit roadbump in January: SIAM

January marked the first time in 14 months that car sales declined in India -- one of the world's fastest-growing automobile markets.

Feb 12, 2016

Apple plans to set up its first India development centre in Hyderabad: Report

A Business Standard report said the company will take up 250,000 square feet of office space in the Waverock IT towers in Gachibowli.

Feb 12, 2016

Wipro buys HealthPlan Services in all-cash deal worth $460 million

This is Wipro's third buyout in less than three months and the deal will be completed in the next 60-90 days.

Feb 12, 2016

Onion prices likely to fall further from current two-year lows

Markets across the country are witnessing a rise in supply of onions.

Feb 11, 2016

Soaring bad loans dent SBI's Q3 profit

The largest Indian bank reported a 62 percent fall in its net profit at Rs 1,115 crore on higher provisioning for bad loans.

Feb 11, 2016

Coca-Cola suspends operations at 3 plants in India: Report

A PTI report said the move could affect at least 300 employees.

Feb 11, 2016

Govt likely to make tax holiday for start-ups more flexible: Report

A Financial Express report said the government may allow start-ups to avail tax holiday from a block of 10 years.

Feb 11, 2016

RBI may cut repo rate by 25 bps in April: Nomura

Nomura said it would be important to watch what measures the government takes for fiscal consolidation in the budget.

Feb 10, 2016

Govt may allow 100% FDI in marketplace model of e-commerce: Report

Currently, 100 percent overseas capital is allowed in business-to-business (B2B) e-commerce ventures.

Feb 10, 2016

India's smartphone market reaching maturity: Survey

The survey said more than 80 percent of participants already use a smartphone.

Feb 10, 2016

SpiceJet plans to gain from e-commerce boom

An Economic Times report said that SpiceJet would purchase 100 mini trucks and open 40 warehouses across the country.

Feb 10, 2016

Railways looking to hike passenger, freight fares: Report

A Hindustan Times report said the hike in fares can come directly or indirectly, and will be "announced before or after the budget."

Feb 10, 2016

Gold regains Rs 28,000 level on safe-haven demand

The yellow metal's prices have risen by Rs 825 in the past eight trading sessions.

Feb 9, 2016

PNB's Q3 profit plummets 93% on bad loan provisions

PNB's gross NPAs soared to 8.47 percent of total advances in the quarter from 5.97 percent in the year-ago quarter.

Feb 9, 2016

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Articles by Besta Shankar

Paytm delays launch of its payments bank business

Anil Agarwal to set up $10 billion LCD panel plant in Maharashtra

Railway Budget to focus on raising investments: Suresh Prabhu

IDBI Bank posts record loss of Rs 2,184 crore for December quarter

Risk aversion buying pushes gold prices to near Rs 30,000 per 10 gm

Sun Pharma Q3 profit surges 28% despite lower US sales

India car sales hit roadbump in January: SIAM

Apple plans to set up its first India development centre in Hyderabad: Report

Wipro buys HealthPlan Services in all-cash deal worth $460 million

Onion prices likely to fall further from current two-year lows

Soaring bad loans dent SBI's Q3 profit

Coca-Cola suspends operations at 3 plants in India: Report

Govt likely to make tax holiday for start-ups more flexible: Report

RBI may cut repo rate by 25 bps in April: Nomura

Govt may allow 100% FDI in marketplace model of e-commerce: Report

India's smartphone market reaching maturity: Survey

SpiceJet plans to gain from e-commerce boom

Railways looking to hike passenger, freight fares: Report

Gold regains Rs 28,000 level on safe-haven demand

PNB's Q3 profit plummets 93% on bad loan provisions

Ranveer Singh touches Sanjay Leela Bhansali's feet; Sara Ali Khan, Aditi Rao Hydari radiate in ethnic outfits at reception

Omar lambasts "arrogant" Congress after BJP's historic victory; Mehbooba reacts [details]

BJP leads in 53 seats, crosses majority mark in Chhattisgarh

Ranbir Kapoor's fans burst crackers inside theatres during Animal screening; fans say 'low budget Salman Khan' fans'