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walmart

Walmart withdraws 'Impeach 45' apparel; Trump supporters upset

Walmart is facing the ire of conservatives and Trump supporters for selling "Impeach 45" apparel on its website. The retailer has taken back the collection after the #BoycottWalmart campaign run online. Jul 4, 2018
Punjab National Bank

Rattled by the Nirav Modi scam, PNB to shut most operations at its Mumbai branch – report

PNB is closing nearly all its operations in a Mumbai branch that was at the heart of a $2 billion fraud, according to four sources with knowledge of the decision. Jul 4, 2018
SEBI

SEBI orders ICICI Pru Mutual fund to refund Rs. 2.4 billion to its investors

The market regulator ordered the fund house to refund the amount to the investors with an annual interest rate of 15 percent. Jul 4, 2018
Life Insurance Corporation LIC premium insurance bima diamond plan money back

LIC lost 18 out of 21 PSB investments in the past two years

The trend is completely different when it comes to its investment in private sector banks where the value of LIC's investment is up by 50 percent. Jul 2, 2018
demonetisation cashless economy digital jaitley chidambaram modi lingerie

GST was thrust upon an unprepared nation, says former Finance minister P Chidambaram

According to the Congress leader, the only section that appeared to be happy about the GST was the tax administration that had acquired extraordinary powers that frighten the average business person and the common citizen. "GST has become a bad word" for businesses and commoners alike, he said. Jul 1, 2018
tata steel, tata steel share price, tata steel q4 results, tata steel fy17 results, tata steel sells uk business, tata group, national steel policy 2017

Tata Steel, Thyssenkrupp to merge; will become Europe's second largest steelmaker

This is the largest deal in European steel industry since Laxmi Niwas Mittal took over Arcelor in 2006. Jun 30, 2018
RIL asks its 40,000  employees asked to switch from Airtel, Vodafone to Jio

Mukesh Ambani-led Reliance Industries acquires Radisys for $74 million

Reliance Industries Limited has signed a deal for a 100 percent stake in Oregon-based Radisys Corporation. Jun 30, 2018
Nissan Leaf, Nissan global digital hub

Nissan to launch its first global digital hub in Thiruvananthapuram, Kerala

Nissan plans to start many global hubs in Asia, Europe and North America with digital technology as the key theme. The first global digital hub will be located at Technopark in the capital city of Kerala. Jun 29, 2018
ICICI Bank

Who will be next ICICI Bank chairman? Frontrunner loses out; ex-bureaucrat emerges dark horse

ICICI Bank chairman RK Sharma's terms ends tomorrow. In the running are former bureaucrats Shaktikanta Das, D K Mittal, Tapan Ray C B Bhave. Former Bank of Baroda Chairman and Managing Director MD Mallya, a frontrunner in the beginning, has apparently lost out after he was interrogated in the Rotomac loan scam. Jun 29, 2018
walmart

Indian traders vs Walmart: Nationwide protest against US retail giant on July 2

Walmart might have cut a hot deal with Flipkart but it's burning the traders in India. The massive nationwide protest next week will see over 7 lakh farmers and traders protesting against the US-based multinational retail corporation. Jun 28, 2018
Anil Ambani

Adani Group to take over Anil Ambani's Reliance Energy, sale approved by Maharashtra Electricity Regulatory Commission

MERC has approved the 100 percent stake sale of the struggling Reliance Infrastructure to Adani group. The transaction is estimated at around Rs. 18,800 crore. Jun 28, 2018
Arun Jaitley

Relief for taxpayer? Government won't set up 'bad bank' to flush your money down the drains

The idea of a bad bank resurfaced after state-run banks suggested the creation of an asset reconstruction company to tackle the bad loans. Jun 28, 2018
Vodafone Idea Limited

Vodafone Idea Limited to emerge as numero uno in Indian telecom market

Vodafone and Idea are currently the second and third-largest telecom providers in the Indian market. The new Vodafone Idea Ltd will dominate the customer base, pushing aside current big players, Bharti Airtel and Reliance Jio. Jun 27, 2018
operation clean money, income tax department, suspicious deposits, tax harassment, tax terrorism, arun jaitley, indian tax payers, tax to gdp ratio in india, pm modi

IT department attaches Benami properties worth Rs 43 billion

The Benami legislation came into existence in 1988. It was refined and made more stringent by the Narendra Modi government in November 2016. Jun 26, 2018
softbank, softbank investments in startups, softbank invesments in india, softbank chairman masayoshi son, indian startups, softbank invests in wework

Policybazaar enters unicorn club with SoftBank-led $200 million funding

It became the second Indian startup in as many weeks after Swiggy, a food delivery tech startup to join the Unicorn club. Jun 26, 2018
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