Search Results for: retail lending

Covid invasion halts India's rural recovery, longer economic slowdown on cards

The world's No.5 economy reports first-quarter GDP data on August 31 and, according to a poll, it is likely to have contracted 20% over April-June.

Aug 20, 2020

Irrfan Khan's son Babil reveals a secret about Sanjay Dutt's help in a note

Babil Khan, son of late actor Irrfan Khan, has requested media not to speculate about Sanjay Dutt's health.

Aug 20, 2020

Ekta Kapoor dissociates herself from Pavitra Rishta Fund for mental health

Ekta Kapoor, who came under attack from netizens for launching a mental awareness fund in Sushant Singh Rajput's name, has distanced herself from the Pavitra Rishta Fund.

Aug 19, 2020

NPCI forms new international entity, infuses Rs 50 crore to expand UPI to global markets

Meanwhile, RBI opens up the application window for private companies to set up NPCI-like umbrella entities in India, and NPCI plans to expand its payment and settlement services in international geographies through paper-based and electronic clearing systems.

Aug 19, 2020

Reliance Retail acquires majority stake in Netmeds for Rs 620 cr

This investment represents around 60 per cent holding in the equity share capital of Vitalic and 100 per cent direct equity ownership of its subsidiaries, Tresara Health Private Limited, Netmeds MarketPlace Limited and Dadha Pharma Distribution Private Limited.

Aug 19, 2020

Reliance in talks to buy online furniture retail, milk delivery startups: Report

The oil-to-telecoms conglomerate's talks with Urban Ladder are at an advanced stage, the report said, citing four unnamed sources briefed on the matter.

Aug 17, 2020

Income tax evasion is a criminal offence

I-T Dept busts Rs 1,000 crore money laundering racket by Chinese entities

The search operation revealed that at the behest of Chinese individuals, more than 40 bank accounts were created in various dummy entities entering into credits of more than Rs 1,000 crore over the period.

Aug 11, 2020

India should focus on protecting economy, says ex-RBI governor

India was placed under one of the strictest lockdowns in the world in late March for more than two months to stem the spread of the coronavirus, but cases have continued to rise steadily since the government eased restrictions in June, stymieing hopes of an economic recovery.

Aug 6, 2020

RBI Monetary Policy: MPC maintains status quo, repo rate intact at 4%

Accordingly, the repo rate or short-term lending rate for commercial banks and reverse repo rate remain unchanged at 4 per cent and 3.3 per cent, respectively.

Aug 6, 2020

toyota kirloskar motor, tkm, Innova Crysta, fortuner, etios, tkm cars, domestic car sales, car sales

Toyota Kirloskar Motor's July sales rise 40% from June

Accordingly, the company sold a total of 5,386 units in July 2020, from an off-take of 3,866 units in the first month post unlock in June.

Aug 1, 2020

Microsoft eyeing TikTok US business, talks ongoing: Reports

It looks like Microsoft has shown its interest in buying TikTok's US part.

Aug 1, 2020

CEOs of Google, Amazon, Apple and Facebook to defend before US Congress by citing competition

The chief executives of four of the world's largest tech companies, Amazon.com Inc, Facebook Inc, Apple and Alphabet's Google. plan to argue in a congressional hearing on antitrust on Wednesday that they face intense competition from each other and from other rivals.

Jul 29, 2020

Reliance to pay up to $3.6 billion for Future Group retail operations

Mukesh Ambani's Reliance Industries Ltd will pay between 240 billion and 270 billion rupees ($3.2-$3.6 billion) to buy the Indian retail chains owned by Future Group, Mint newspaper reported on Tuesday, citing two sources familiar with details of the deal.

Jul 28, 2020

ICICI Bank's Q1FY21 net profit rises 36% to Rs 2,599 cr

Private sector lending major ICICI Bank reported a 36 per cent growth in standalone net profit of Rs 2,599 crore for the first quarter of 2020-21.

Jul 25, 2020

E-commerce firm Flipkart buys Walmart's India wholesale business

Flipkart, majority-owned by Walmart Inc, also announced the launch of Flipkart Wholesale as part of the deal.

Jul 23, 2020

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Search Results for: retail lending

Covid invasion halts India's rural recovery, longer economic slowdown on cards

Irrfan Khan's son Babil reveals a secret about Sanjay Dutt's help in a note

Ekta Kapoor dissociates herself from Pavitra Rishta Fund for mental health

NPCI forms new international entity, infuses Rs 50 crore to expand UPI to global markets

Reliance Retail acquires majority stake in Netmeds for Rs 620 cr

Reliance in talks to buy online furniture retail, milk delivery startups: Report

I-T Dept busts Rs 1,000 crore money laundering racket by Chinese entities

India should focus on protecting economy, says ex-RBI governor

RBI Monetary Policy: MPC maintains status quo, repo rate intact at 4%

Toyota Kirloskar Motor's July sales rise 40% from June

Microsoft eyeing TikTok US business, talks ongoing: Reports

CEOs of Google, Amazon, Apple and Facebook to defend before US Congress by citing competition

Reliance to pay up to $3.6 billion for Future Group retail operations

ICICI Bank's Q1FY21 net profit rises 36% to Rs 2,599 cr

E-commerce firm Flipkart buys Walmart's India wholesale business

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]