MUMBAI/BENGALURU Amazon.com Inc is set to snag a 3.58% minority stake in India's Future Retail, which operates more than 1,500 stores in India and owns several supermarket brands, including budget department and grocery store chain, Big Bazaar.
MUMBAI/BENGALURU, Aug 22 Amazon.com Inc
is set to snag a minority stake in India's Future Retail Ltd
, which operates more than 900 stores in India and owns
several supermarket brands, including Big Bazaar.
HYDERABAD India needs to encourage ecommerce and reduce red tape to help small businesses sell online and export goods to help revive sagging domestic economic growth, a senior Amazon.com executive said on Wednesday. | Video
BENGALURU/MUMBAI, Aug 9 Torrential monsoon rains
in the southern Indian state of Kerala caused a major landslide
and flooding that has cut off some areas, forcing the evacuation
of more than 22,000 people, authorities said on Friday.
MUMBAI Indian film and entertainment group Eros International has taken steps to resolve delays in loan payments, Chief Executive Kishore Lulla said, as he also dismissed a short seller's allegations of accounting irregularities at the group.
* Eros shares under pressure after rating cut, due to
MUMBAI Eros International has taken steps to rectify delays in loan payments, Chief Executive Officer Kishore Lulla said on Sunday, as pressure builds on the Indian media company, with another short-seller report flagging potential issues at the company.
MUMBAI The Reserve Bank of India cut its policy interest rate by 25 basis points in a widely expected move on Thursday, while also changing its policy stance to "accommodative," after latest data showed the economy growing at its slowest in over four years. | Video
BENGALURU/MUMBAI IndiGo owner Interglobe Aviation's shares tumbled 9 percent on Thursday after a report that the co-founders and two largest shareholders of India's largest airline were at odds over its expansion.
BENGALURU/MUMBAI, May 16 IndiGo owner Interglobe
Aviation's shares tumbled 9 percent on Thursday after
a report that the co-founders and two largest shareholders of
India's largest airline were at odds over its expansion.