Flipkart leads Walmart’s international ecommerce numbers
Walmart said Flipkart now had over one billion visitors a month, with monthly active customers growing by 45% in the last one year and transactions per customer increasing by 30% in the same period. Apart from Flipkart leading international ecommerce sales for Walmart, the company said that the unit had reported record sales during its BigBillionDays sale event last year.
IndiGo starts four-day sale on international flights
The airline said that total 2.5 lakh seats on international flights are available. "The ...
Analyst Calls: BPCL, Muthoot Finance, Nestle, Ashok Leyland
IDBI Capital has maintained ‘buy’ rating on Muthoot Finance with a target price o...
Watch: 30 kg gold looted from Ludhiana based financing firm
Around 30 kg gold was looted by four people from a financing firm on Gill Road in Ludhiana on Monday. The incident occurred in the day time,...
Finance Minister to meet industrialists, trade associations to asses COVID-19 impact
Finance Minister Nirmala Sitharaman is set to meet industry and trade associations in New Delhi to assess the impact of coronavirus disease 19 (COVID-19) on Indian trade and industry. The viral outbreak comes at a time when the Indian economy is going through a difficult phase and the virus outbreak could make the slowdown worse.
IDBI Capital maintains buy on Muthoot Finance, target price Rs 875
Shares of Muthoot closed at Rs 873, up 17%.
Share market update: Power shares slip; KEC International dips 2%
The S&P BSE Power index was trading 1.13 per cent down at 1830.88.
Pak court transfers two terror financing cases against Hafiz Saeed to Lahore
Saeed in his petition requested the court to transfer two terror financing cases against him from Multan and Sahiwal cities of Punjab to Lahore so that the anti-terrorism court in Lahore could hear all such cases against him. The court accepted his plea after prosecution raised no objection on it.
Give your startup wings with help from business coach Ameet Parekh’s seminar
The 'How to Grow Your Business Seminar' will help you soar and take your business to the next level.
Raunak Onkar of PPFAS Mutual Fund on investing abroad
“Don’t go by exotic or shorter term returns while investing in international funds or stocks. Look at your goal of investing. If you want to...
Sell L&T Finance Holdings, price target Rs 115: Kunal Bothra
The analyst suggested a stoploss at Rs 125.
No proposal to merge LIC Housing Finance with any other entity: LIC
The statement came after some reports suggested that insurance behemoth LIC might expedite the process of merging LICHFL with its banking arm IDBI Bank. "There was absolutely no proposal to merge LICHFL with any other entity and all such rumours floating in the market are not based on facts," LIC said in a clarification.
Singapore firm wins bid to buy India’s longest road tunnel
Singapore-based infrastructure investment platform Cube Highways has won the bid to acquire Chenani-Nashri project in Jammu & Kashmir, India's longest road tunnel. The tunnel project has a debt of around Rs 5,454 crore and a sale of the asset will help bring down the overall debt position of the company.
Finance Ministry to assess impact of coronavirus outbreak on trade
"On the impact of coronavirus outbreak and any disruptions to Make in India or to Indian export/import, Finanace Ministry is scheduled to hold a meeting on Tuesday 18 Feb. Stakeholders are welcome." Union Finance Minister Nirmala Sitharaman tweeted on Sunday.
Panel brainstorms defence, internal security funding
The announcements were made after the commission held the sixth meeting of its advisory council to seek views on the report of the panel for 2020-21 and on the outlook for nominal GDP growth for 2020-21 to 2025-26, according to an official release.
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