The tie-ups will introduce a whole new range of products from these retail brands, adding to Flipkart's existing portfolio of over 1000 brands with seven lakh home products.
The Reserve Bank of India Governor Raghuram Rajan on Thursday said that the apex bank is committed to steadlily increase the government debt foreign investors can buy,but will tread cautiously to avoid becoming too reliant on overseas capital.
India will see limited impact of the Greece debt crisis as the country has little direct exposure to the European nation, Reserve Bank of India governor Raghuram Rajan said on Thursday.
Some analysts still warn that the fallout from a so-called Grexit is unpredictable. Seven years ago, few thought troubles in the US sub-prime mortgage market would trigger a worldwide financial panic and the worst economic downturn since the 1930s. Panic, however, can spread in surprising ways.
After two days of rise, the benchmark BSE Sensex on Thursday slipped from its 2-1/2 months high by falling 75 points to 27,945.80 on late sell-off in metal and IT stocks as investors preferred to stay on the sidelines amid uncertainty over Greece situation.
The Rupee gained ten paise against US dollar and closed at 63.51, strengthening for the third straight session on continued selling of the greenback by banks and exporters.
Moody's slashed its credit rating for Greece to a deep-junk "Caa3" Wednesday, warning it is now less likely that official creditors will support the country, whatever happens in Sunday's referendum.
The dollar stayed bid early in Asia on Thursday as the market geared up for a deluge of US data that could back expectations for the Federal Reserve to lift interest rates sooner.
From increasing cruise speed to renegotiating costly maintenance and engineering contracts, it has taken the Ajay Singh-promoted SpiceJet some smart strategising to turnaround its loss-making fleet of Q400 small jets into a profitable one.
Corporate heads lauded the government’s critical role in a digital world at the launch of the Digital India Week.
Ratan Tata, who was the chairman of salt-to-software Tata Sons for more than two decades, has previously invested in start-ups ranging from online retailer Snapdeal to Chinese phone maker Xiaomi.
Julie Hamp, senior-most female executive of Toyota, has quit after her arrest in Japan on suspicion of drug law violations, the automaker said on Wednesday.
Elderly Greeks thronged banks for hours from before dawn Wednesday, struggling to be allowed to withdraw their maximum of 120 euros ($134) for the week, after Greece reopened some banks to help pensioners who don't have bank cards.
A court on Wednesday rejected a US hedge fund's bid to block a shareholder vote on the planned $8 billion merger of two Samsung Group companies seen as a key step in the leadership succession at South Korea's biggest family-run conglomerate.
The enfant terrible of startups, Rahul Yadav dropped out of IIT, Mumbai in his final year in 2011. His brash confrontation in quitting as Housing.com CEO in an angry, publicised mail is now part of startup folklore.