Future Retail Ltd has agreed to acquire most of local conglomerate Bharti Enterprises' shares in its retail business to create one of India's biggest retail chains with more than 570 stores across the country.
General Motors aims to grab at least 5% market share in India within the next decade, as it sees that market overtaking Japan as the world's third biggest with projected annual sales of 8 million vehicles by 2025.
The benchmark BSE Sensex rallied over 291 points at 27,302.63 in early trade on Monday after a long weekend on fresh buying by participants as the May series in derivatives segment began amid positive Asian cues.
In a major consolidation between two homegrown retailers, Kishore Biyani-led Future group will hive off its retail business to merge with Bharti Retail.
In a major consolidation exercise, Aditya Birla Group on Sunday merged its apparel businesses into a Rs 5,290 crore entity named Aditya Birla Fashion and Retail (ABFRL), which will be the largest pure-play fashion lifestyle company in the the country.
Dave Goldberg, chief executive officer of SurveyMonkey and husband of Facebook chief operating officer Sheryl Sandberg, died unexpectedly on Friday night, his brother wrote in a Facebook post on Saturday.
The government may consider setting up a natural calamity insurance pool, especially in the wake of the Nepal earthquake that caused heavy loss of life and property, and sparked warnings that India too is at risk.
Berkshire Hathaway Inc shareholders on Saturday celebrated Warren Buffett's 50th anniversary running the conglomerate, as the billionaire expressed optimism the company would thrive over the long haul, even after he is gone.
How do you spot an economic revival without poring through reams of statistics put out by the official number crunchers? It’s simple. Look around you: are your neighbours dining out more, or has your friend bought a smarter phone?
Paytm's mobile wallet will soon be accepted at quick service restaurants (QSRs), including Domino's and Cafe Coffee Day, as the Alibaba-backed company forays into the offline retail space in the next two months.
State-run telecom operator BSNL on Saturday slashed roaming tariff by up to 40% for its prepaid and postpaid mobile connection with effect from May 1.
In a mixed pattern of trading, gold extended losses for the second straight day and prices fell by another Rs 160 to Rs 27,030 per 10 grams in tandem with weak global market, while silver rebounded by Rs 510 to Rs 37,210 per kg on revival of buying by industrial units.
Logging fresh one-year high, India's exposure to US government securities reached $101.7 billion as the country purchased nearly $10 billion worth bonds in just one month.
Making a fresh bid to locate Sahara investors eligible for refunds, capital markets regulator Sebi has asked the bondholders of two Sahara firms to submit their claims along with the proof of investments.
In keeping with its objective of simplifying the country’s archaic labour laws, the government is planning to integrate three labour laws into a single code, which will enable companies to fire their staff without any official sanction if their staff strength is up to 300.