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Showing 1 - 15 News out of 189

Apple India registers 140% growth in FY18

The company saw its total income (including other income) rising about 12 per cent to Rs 13,097.6 crore in FY2018 from Rs 11,704.3 crore in the previous financial year

November 01, 2018  |  comments ( 0 )  | 

Govt wants top brands to create fund for recycling plastic

An environment ministry official said such industries will have to deposit 25 paise/pack in an escrow account before releasing the packed stock in the market.

July 30, 2018  |  comments ( 0 )  | 

GST slab of 28% may become virtual "hollow shell" in year or so:CEA

The all-powerful GST Council comprising state finance ministers and headed by Union Finance Minister has pruned the highest 28 per cent slab by cutting tax rates on 191

July 26, 2018  |  comments ( 0 )  | 

US payment firms, Paytm face off in data storage debate

The Reserve Bank of India (RBI) in April directed payment firms to store data locally for “unfettered supervisory access” a move companies such as Visa, Mastercard

July 25, 2018  |  comments ( 0 )  | 

Government to lease out Delhi Milk Scheme for 30 years

DMS has piled up losses of nearly Rs 900 crore and just has 6% market share in the capital’s milk market, but it sits on huge real estate and retail infrastructure in

June 29, 2018  |  comments ( 0 )  | 

One 97 invests Rs 61 cr in Paytm Entertainment

Earlier this year, Paytm had acquired Chennai-based online ticketing platform Ticket New for ramping up its operations in the ticket booking business.

June 26, 2018  |  comments ( 0 )  | 

India hikes import duty on 29 products

Last week, India had submitted to the WTO a revised list of 30 items on which it proposed to raise customs duties by up to 50 per cent.

June 22, 2018  |  comments ( 0 )  | 

Harsimrat Kaur Badal asks ministry to relax restrictions over Amazon's food plans

Despite having state of the art resources Amazon has not been able to utilize them for food retailing venture due to policy hurdles.

June 14, 2018  |  comments ( 0 )  | 

Flipkart India Cuts losses to Rs 244.7 crore in 2017 Fiscal

Locked in an intense battle for market leadership against American rival Amazon in India, Flipkart had recently inked an agreement with Walmart.

May 17, 2018  |  comments ( 0 )  | 

Walmart India cuts losses by 27% in FY17

The company posted a loss of Rs 75 crore for FY17. It also witnessed a 10% revenue growth for the fiscal ending March 2017 as compared to previous 12 months.

May 07, 2018  |  comments ( 0 )  | 

Amazon India launches Weavesmart For Handloom Promotion

Amazon.in has partnered with various government bodies such as DC Handlooms and Gujarat Tribal Development Dept. to onboard 1100 plus weavers/cooperatives/artisans in 11

May 04, 2018  |  comments ( 0 )  | 

CAIT Shows Disagreement over Union E-commerce Policy

CAIT said that the e-commerce market in India due to ill-designed business practices adopted by various leading e-commerce players with a single motto of controlling and

May 03, 2018  |  comments ( 0 )  | 

Snapdeal Net Loss Increases To Rs 4,647 Cr In 2016-17

The company's total income also declined by 12.6 per cent to Rs 1,291.3 crore in FY2017 from Rs 1,478.2 crore in the previous year.

April 30, 2018  |  comments ( 0 )  | 

Ikea promises up to Rs 2,000cr investments for West Bengal

Ikea has planned to open up to 2 stores in the state entailing an investment of up to Rs 2,000 crore.

April 30, 2018  |  comments ( 0 )  | 

BigBasket's wholesale arm generates Rs 1,176 cr Turnover In 2017 Fiscal

The company recently closed a $300-million round led by Alibaba.

April 07, 2018  |  comments ( 0 )  |