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Walmart’s Indian Bet: E-commerce and Sourcing Power Next Wave of Global Growth
Business, Markets - June 6, 2019

Flipkart finds itself in the discount soup. Sued by GOQii

Walmart operates in 27 countries and has the largest warehousing stores and retail corporations. Walmart began in Bentonville, Arkansas in the year 1960s. The retail chain started offering low priced...
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BRICS-backed bank plans first Indian rupee-denominated bond by end-March
Business, Economy, Market News, Markets - June 5, 2019

Will RBI give the liquidity push economy needs? 25 BPS cut on the cards.

Three times in a row, will the Reserve Bank of India (RBI) cut the rates once again? Probably yes. RBI is supposed to release the bi-monthly monetary policy on 6th...
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Sun Pharma Shares surge 5% as U.S. court clears Launch of key Autoimmune Drug
Business, Economy, Markets - June 5, 2019

US tags INDIA as developed nation, withdraws special status

Mr Trump’s growing list of trade frictions has added another name to it, that being India’s. The trade frictions ramped up by the weekend when the United States President Donald...
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Indian mobile companies bulldozed by Chinese counter parts
Business, Market News, Markets - June 5, 2019

Indian mobile companies bulldozed by Chinese counter parts

After the intrusion of Chinese manufacturers, the share of local mobile brands has been diminishing substantially in India since 2015. Indian handset manufacturer mainly focuses on the featured packed phones...
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IOC Q1 FY2026 Results: Strong Profit Growth Amid Mixed Revenue Trends
Business, Market News, Markets - June 4, 2019

IOC to evaluate repercussions of US sanction’s on CPCL expansion

Indian Oil Corporation Ltd (IOC) is trying to assess the repercussions of Iran's investment in their subsidiary Chennai Petroleum Corporation Ltd (CPCL) expansion projects worth of Rs. 35,700 crores. CPCL's...
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Equity Right
Business, Market News, Markets - June 4, 2019

Another whammy! Now CRISIL downgrades DHFL commercial papers

Dewan Housing Finance Corporations (DHFL) has been facing difficulties since a long time now and recently another black cloud was formed on it. CRISIL, a credit rating agency, downgraded the...
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24% Tariffs: Japan Faces Economic Shockwaves
Business, Market News, Markets - June 3, 2019

Not investor's pasand. Stock hammered by 50% due to GST fraud

Shares of Manpasand Beverages were locked at the lower circuit limit of Rs 48.85 on 3rd June 2019. The plunge experienced was almost 50%. This was after the arrest of...
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Adani carmichael coal project recieves nod after coalition party emerges victorious
Business, Market News, Markets - June 3, 2019

Adani carmichael coal project recieves nod after coalition party emerges victorious

The Adani group receives a nod from the state of Queensland, Australia for the company's management plan to protect the endangered bird. The approval is one of the two permits...
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Tobacco industry braces for impact as Dr. Harshvardhan takes over
Business, Market News, Markets - June 3, 2019

Tobacco industry braces for impact as Dr. Harsh Vardhan takes over

Dr Harsh Vardhan has been re-elected as a part of Prime Minister Narendra Modi’s Cabinet. During his last tenure as a cabinet minister, Dr Vardhan was responsible for three ministry...
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corporate tax rate cut
Business, Market News, Markets - June 3, 2019

Reliance Capital aims to reduce debt by Rs. 10,000 crores

On 18th May 2019, Reliance Capital Ltd (RCL) announced their plans for monetizing its assets worth of Rs. 10,000 crores in order to reduce their more than 50% of debt...
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