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India Business

India Business

Monthly active users for Flipkart, PhonePe at ‘all-time high’: Walmart

E-commerce giant Walmart has clocked 1.3 per cent increase in net sales in its international business at $29.6 billion in the third quarter ended...

AirAsia Group reviewing India investment, hints at possible exit

Malaysia's flagship budget carrier AirAsia Group Bhd has given its strongest indication to date that it could exit India, saying on Tuesday it was...

India considers easing investment rules from neighbours, including China

India is considering a plan to allow up to 26% foreign direct investment from countries with which it shares a land border, including China,...

Flipkart Group acquires Scapic to enhance user experience

Walmart-owned Flipkart on Tuesday said it has acquired Bengaluru-based augmented reality company, Scapic, a move that will help the e-commerce major enhance its immersive shopping...

Due diligence for Netherlands business sale to complete in next 2 mths: Tata Steel...

The due diligence process for the sale of Tata Steel's Netherlands operations will complete in the next two months, its Executive Director and CFO...

Indians’ interest in China-made products declines in this festive season: survey

Indian consumers' interest in 'Made in China' products has declined during the current festive season as just 29 per cent of people surveyed bought...

Reliance acquires online furniture retailer Urban Ladder

Billionaire Mukesh Ambani-owned Reliance Industries' retail arm has picked up 96 per cent stake in online furniture retailer Urban Ladder for over Rs 1.82...

Minister Gadkari asks automakers to forgo profit initially to capture Indian EV market

Asserting that India has full potential to emerge as a global hub for electric vehicles by 2025, federal minister Nitin Gadkari on Friday asked...

Adani Gas to acquire three city gas licenses in India

Adani Gas Ltd on Wednesday announced the acquisition of city gas licenses for Ludhiana, Jalandhar and Kutch (East) from Jay Madhok Energy for an...

India to unveil another economic stimulus soon

India’s  Finance Minister Nirmala Sitharaman will soon announce the next set of stimulus package to boost the coronavirus-hit economy, Economic Affairs Secretary Tarun Bajaj...