Search Results for: retail lending

Paytm's top-level execs promoted to senior roles, more changes to come | Details

Paytm has set its eyes on IPO sometime in 2022 and is already making some crucial changes at the top-level management to lay a firm structure.

Oct 12, 2020

RBI leaves repo rate unchanged at 4%, annual GDP may shrink 9.5%

The Reserve Bank of India's MPC has decided to keep key rates unchanged while maintaining an accommodative stance. RBI also said that it expects India's real GDP to contract by over 9 per cent for the current fiscal year.

Oct 9, 2020

Delhi restaurant owners rejoice; govt permits 24x7 operations, needs fewer licenses

The government also said that this will help the industry generate more employment in the national capital through increased demand.

Oct 8, 2020

Reliance Retail Ventures attract Rs 1,837 crore investment from TPG

TPG's investment will translate into a 0.41 per cent equity stake in RRVL on a fully diluted basis.

Oct 3, 2020

Silver Lake co-investors buy additional stake in Reliance Retail for Rs 1,875 crore

Reliance Industries Ltd (RIL) and Reliance Retail Ventures Ltd (RRVL) announced on Wednesday that co-investors of Silver Lake will invest an additional Rs 1,875 crore into RRVL, a subsidiary of RIL.

Oct 1, 2020

Backlash over Reliance Jio's decision to charge voice calls

General Atlantic to invest Rs 3,675 cr in Reliance Retail

US-based private equity firm General Atlantic will invest Rs 3,675 crore for a 0.84 per cent stake in Reliance Retail, the Indian firm said on Wednesday.

Sep 30, 2020

Walmart in talks to invest $25 billion in Tata Group's 'super app'

Walmart Inc is in talks with Tata Group for an investment of up to $25 billion in the Indian salt-to-software conglomerate's new "super app", the Mint newspaper reported on Tuesday, citing people familiar with the matter.

Sep 29, 2020

SP Bala Subrahmanyam dies at 74: Lesser-known facts about the veteran singer

Legendary singer SP Subrahmanyam passed away at the age of 74, after serious health related issues in Chennai. Here are some lesser-known facts about the late multi-lingual singer.

Sep 25, 2020

Harley-Davidson exits India, world's biggest motorcycle market; here's why

The move involves $75 million in restructuring costs, some 70 redundancies and the closure of its Bawal plant, walking away from a market worth about 17 million bike and scooter sales a year.

Sep 24, 2020

Reliance retail sells 1.28% stake to KKR for Rs 5,550 crore, second deal in 2 weeks

Reliance Industries Limited on Wednesday announced that global investment firm KKR will invest Rs 5,550 crore into its subsidiary Reliance Retail Ventures Limited to pick up 1.28 per cent equity in the company.

Sep 23, 2020

ICC launches merchandise licensing partner tender process

The Iternational Cricket Council announced its merchandise licensing tender process on Monday for both the T20 World Cup in 2021 and the World Cup in 2023.

Sep 22, 2020

Apple India's first online store launches next week; benefits explained

For the first time in India, Apple is launching its first-party retail channel to serve customers directly online.

Sep 18, 2020

Katy Perry, Kim kardashian, Leonardo DiCapiro

Katy Perry, Leonardo DiCaprio, other famous celebs quit Instagram for this reason

Celebrities like Kim Kardashian West, Katy Perry and Leonardo DiCaprio and many more are taking part in Instagram Freeze, wherein they will stop posting anything on their Facebook and Instagram account. Scroll down to know more.

Sep 16, 2020

Samsung Galaxy Z Fold2 goes on sale in India; gets special premier service

The pre-booking of Galaxy Z Fold2 5G in Mystic Black and Mystic Bronze colours begins on Samsung.com and retail outlets starting September 14.

Sep 12, 2020

LIC expands market share as private insurers lose ground

APE is the sum of annualised first-year premiums on regular premium policies and 10% of single premiums on the new business written during any period.