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Flipkart boasts highest 'online shoppers' traffic, hires ex-Google executive to head product innovation

Indian e-commerce site Flipkart is enjoying the highest 'online shoppers' traffic, per MasterCard survey, but the company's not resting on its laurels.

Mar 5, 2015

Telcos face off at India's biggest wireless spectrum auction to stay alive

India's biggest spectrum auction on Wednesday, Day 1, saw fierce bidding, amounting to INR 60,000 crores. The winners will be announced after the auction is over and the government stands to gain over INR 80,000 crores from this auction.

Mar 5, 2015

Telecom Auction Kicks off with Focus on Reliance Jio

Intense bidding is expected at India's telecom spectrum auction that begins on 4 March.

Mar 4, 2015

GSK Sells Australian Opiates Business to India's Sun Pharma

The firms did not divulge the financial details of the deal but said in a statement that they expect to close it by August.

Mar 4, 2015

2015 Forbes World Billionaires: Mukesh Ambani India's Richest Person

Ambani's networth is $21 billion, up $2.4 billion from last year. Microsoft co-founder Bill Gates is the world's richest person, with networth of $79 billion.

Mar 3, 2015

'OK Kanmani': After 'Komban', 'Masss', 'Baahubali', Studio Green Acquires Theatrical Rights of Mani Ratnam Movie

"OK Kanmani" starring Dulquer Salmaan and Nithya Menen is scheduled to be released in April

Mar 3, 2015

Union Budget 2015: Excise Duty on Cigarettes go up, Tobacco Company Stocks Slip

The FM increased excise duties on cigarettes, which saw industry stocks slip.

Feb 28, 2015

Mahesh Babu-Shruthi Haasan Film: Classics Entertainment Acquires US Distribution Rights

Reports are that Classics Entertainment is planning a mass release for Mahesh Babu movie "Srimanthudu" (tentative title).

Feb 26, 2015

Rail Budget 2015: Railway Minister Suresh Prabhu Aims at 'Better Services, Improved Connectivity'

Railway Minister Suresh Prabhu's four major goals and five drivers entail many initiatives to improve the overall efficiency of Railways

Feb 26, 2015

Rail Budget 2015: Railways to See ₹8.5 Lakh Crore Investment over Next Five Years, Says Rail Minister

Suresh Prabhu presented his first full Railway Budget and focused his attention on the much-needed investment in Indian Railways, as he laid out a game plan to achieve it.

Feb 26, 2015

Air Vistara Records 89% On-Time Performance, Best Among Domestic Airlines

Air Vistara posted the best segment on-time performance amongst domestic carrier from its first month of flying.

Feb 26, 2015

chinese-100-yuan-banknotes-are-seen-in-this-file-picture-illustration-taken-in-beijing-may-7-2013

Samsung Electronics, China Trade Deal Give Boost to South Korea's Yuan Hub Ambitions

South Korea became the third country in the world to begin direct trading of the yuan for a local currency in December.

Feb 25, 2015

SC Allows RBI to Initiate Action against Sahara over Diversion of Funds

The SC came down heavily on Sahara Group for alleged diversion of funds to repay investors, in direct contravention of an RBI order.

Feb 25, 2015

SBI-led Consortium Initiates Kingfisher House Possession

A State Bank of India-led consortium of 17 banks has initiated the process of taking over physical possession of the famed Kingfisher House, valued at ₹100 crore.

Feb 25, 2015

SpiceJet Offers Holi Sale; Fares Start From ₹1,699

SpiceJet announced its Holi discount, with fares starting at ₹1,699 on domestic routes and ₹3,799 on international routes

Feb 24, 2015

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