Walmart’s cash & carry business may go to Flipkart
The move comes shortly after talks with the Tata Group made no headway.
Non Bodo groups have sought consultation prior to the inking of the Accord
A senior officer in Assam government said, “Centre is holding parleys with leaders of different Bodo outfits and we are expecting inking of Accord shortly.”
View: Things that should worry foreign investors after the Bezos episode
The fact is that the government has not just made life unnecessarily...
CAIT seeks probe into business models of 16 online platforms, e-commerce firms
In a letter to Commerce minister Piyush Goyal dated January 24, the Confederation of All India Traders (CAIT) alleged that the common phenomenon in these companies of incurring huge yearly losses and earning revenues is not a healthy business practice.
Amazon, Flipkart bring Diwali spirit to Republic Day sales
There will be no change in pricing and discount strategy of cos despite Goyal’s recent remarks. Discounts during the ongoing Republic Day and Great Indian sales on Flipkart and Amazon, respectively, will be similar to that last year
I-T raids at Bharat Group, undisclosed foreign assets recovered
The Income-Tax Department's searches on the Bharat Hotels group, that runs the chain of Lalit Hotels, has led to the detection of "undisclos...
Patanjali group eyes Rs 25k crore turnover in FY20
Patanjali group will register a joint turnover of Rs 25,000 crore in the current fiscal ending March 2020, in which around Rs 12,000 crore would be contributed by Patanjali group firms and Rs 13,000 crore will come from Ruchi Soya, which was acquired recently by Patanjali.
Coffee Day to sell Way2Wealth Securities to Shriram Group
The transaction may fetch Coffee Day about Rs 30 crore, people briefed on the matter said.
Thapar Group’s BILT in bankruptcy court
IDBI Bank has the largest exposure to the company with Rs 400 crore of loans outstanding.
644 cadres from eight insurgent groups lay down arms in Assam
In one of the largest surrender of militants in recent past, as many as 644 militants laid down their arms on Thursday.
Special court allows 7 days custody of Amrapali group directors to ED
According to ED's special counsel, the directors of Amrapali group of companies are accused of misappropriating and diverting the money of investors for their personal use. The investors had deposited the money with the company for purchasing flats. The ED is inquiring the matter on the apex court's directions, which had passed the order in this regard.
SEBI-Sahara case: Supreme Court exempts Sahara group chief Subrata Roy from personal appearance
Roy was sent to the Tihar Jail by the apex court on March 4, 2014 and came out on parole after spending over two years in prison on May 6, 2016 to perform the last rites of his mother Chhabi Roy. He has been out of prison since then.
Raids on Lalit hotels group, promoter led to Rs 1,000-cr black foreign assets: CBDT
"The investigation has successfully lifted the veil, leading to detection of undisclosed foreign assets of more than Rs 1,000 crore, apart from domestic tax evasion of more than Rs 35 crore which may lead to consequences under the Black Money Act, 2015, as also, action under the I-T Act respectively," the Central Board of Direct Taxes (CBDT) said.
ICICI Bank could report better advances growth: Kunj Bansal, Sarthi Group
Kunj Bansal, Partner, MD & CIO, Sarthi Group says credit cost and asset quality would have to be watched out for. Margin expansion should be there because the interest rates have been coming down. Excerpts from an interview with ETNOW.
Watch: 644 cadres of 8 militant groups surrender in Assam’s Guwahati
644 cadres of eight militant groups of Assam, surrendered at the Arms Laying Down Ceremony in Guwahati on January 23. Chief Minister Sarbana...
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