SoftBank takes loss in sale of Wag, dog-walking startup
Wag’s troubles have been particularly pronounced. After its investment, the Vision Fund brought in Hilary Schneider, former chief executive of LifeLock, to lead an aggressive expansion. But it lost ground to Rover, its top competitor. Reports of lost dogs and internal struggles hurt business.
Retailers feeling the heat opt for advancing sales
Ecommerce marketplaces Amazon and Flipkart have lined up promotions this month and next to...
Only 4 strategic sales out of 24 PSUs, CAG slams govt
The Comptroller and Auditor General (CAG) Rajiv Mehrishi presented a report in Parliame...
BSE holiday calendar 2020: 9 extended weekends this year
The first market holiday of the year falls on the occasion of Mahashivartri on February 21.
South Mumbai bungalow sale may fetch up to Rs 100 crore
The plot has development potential of about 18,000 sq ft to 22,000 sq ft depending on the proposed usage, said property brokers operating in South Mumbai.
Family feud at Gati may hinder share sale to Allcargo Logistics
On December 5, Allcargo bought 10.38 million, or 8.51%, shares in Gati for Rs 77.8 crore.
National award-winner Jahnu Barua withdraws 'Bhoga Khirikee' from Assam film festival in protest against CAB
Barua said that the leaders are "disrobing the motherland" only because of power politics.
FASTag will hasten road assets sale, says NHAI
Foreign pension funds and private equity funds were showing more interest in India’s highway road assets within the infrastructure space given the policy issues involved with various states in other infrastructure asset classes, Asheesh Sharma, member (finance), the National Highways Authority of India (NHAI) said.
Auto sales keep falling in November, may not recover anytime soon
Vehicle sales across categories remained in the negative zone for over a year now.
After the Spring: The Marrakech festival legacy
The Marrakech festival sees the emergence of Arab cinema rooted in powerful political content — from the 2006 Lebanon war to the Egyptian Revolution of 2011. A revolutionizing Arab cinema witnesses the new visual energy and strong political content emerging in after the Arab Spring.
Nippon Express gets CCI nod to buy 22% stake in Future Supply Chain Solutions
Nippon Express will acquire 22% stake through a combination of primary issuance and secondary purchase from an existing investor.
IDBI Bank to sell up to 49% stakes in 2 subsidiaries
IDBI Bank said it will retain controlling stake in the subsidiaries with itself.
Tata Motors global sales down 15 pc in Nov at 89,671 units
Global wholesales of all passenger vehicles of Tata Motors in November 2019 were at 58,641 units as against 66,429 units in the same month last year, down 11.72 per cent, the company said in a statement. Jaguar Land Rover registered global wholesales of 48,105 units in November as against 49,312 units in the year-ago month, a decline of 2.44 per cent.
Tata Motors to add another 100 sales outlets for passenger vehicles this fiscal
"We are expanding sales network. Basically, we are getting into new locations. Idea is that per dealer sales should go up. Dealers are excited with our product range and they are willing to expand their territories by opening new outlets," Tata Motors President (Passenger Vehicles Business Unit) Mayank Pareek told PTI. There was a plan to add 200 new sales outlets this fiscal, he added.
Arms sales of top Indian defence firms drop by 6.9 per cent: SIPRI report
The combined arms sales of the three Indian arms companies listed in the top 100 were USD 5.9 billion in 2018— a decrease of 6.9 per cent on 2017. The three Indian companies on SIPRI's list of top 100 global arms firms are Hindustan Aeronautics Limited ranked 38, the Indian Ordnance Factories ranked 56 and Bharat Electronics Limited (BEL) ranked 62.
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