For the first time in India, fliers will now have a chance to bid, and win air tickets to travel at fares much cheaper than standard market rates.
The world’s top budger chains — Burger King, Fatburger, Johnny Rockets, Carls Jr and Wendy’s — which recently entered the Indian market, are adding fuel to the great cola war in their search for ‘national beverage partners’.
Indian stock markets fell marginally on Thursday snapping the strong rally seen on Wednesday and reaffirming the trend that indices will stay range bound for some days in the absence of any major positive triggers.
Banks may need to rejig structurally to get govt aid; others will have to raise money from markets.
Drug major Lupin on Thursday announced its foray into the russian market by announcing the acquisition of Russia's Biocom. The company has acquired 100 per cent equity stake in ZAO Biocom in Russia subject to certain closing conditions, Lupin Ltd said in a statement without disclosing the financial details.
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.