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Policy consistency is critical for inves...

Policy consistency is critical for investors: PwC chairman

PricewaterhouseCoopers (PwC) International chairman Dennis Nally is in India to release a report that suggests that the country has the potential to grow at 9% annually and become a $10-trillion economy by 2034 from under $2 trillion currently. He spoke to TOI about the steps that the government... read more »

Adani Power buys Avantha’s 600 MW ...

Adani Power buys Avantha’s 600 MW plant for Rs 4,200 crore

MUMBAI: India’s largest e-commerce player Flipkart has closed a $500-600 million fresh financing round led by its existing large investors at a massive pre-money valuation of $10 billion, giving it further ammunition to fight out rivals Amazon and Snapdeal. Tiger Global, South Africa’s... read more »

Flipkart raises $600 million in fresh fu...

Flipkart raises $600 million in fresh funding at pre-money valuation of $10...

MUMBAI: India’s largest e-commerce player Flipkart has closed a $500-600 million fresh financing round led by its existing large investors at a massive pre-money valuation of $10 billion, giving it further ammunition to fight out rivals Amazon and Snapdeal. Tiger Global, South Africa’s... read more »

Gold futures up at Rs. 26,870 on short-c...

Gold futures up at Rs. 26,870 on short-covering

NEW DELHI, NOV 24:   Gold rose 0.37 per cent to Rs. 26,870 per 10 grams at the futures trade today as participants covered-up their short positions even as the metal dropped from three-week high in global markets. At the Multi Commodity Exchange, the metal for delivery in December gained Rs. 97... read more »

More from Business

Domestic car sales grow over 15% in August: Siam

Snapping a nine-month streak of decline, domestic passengercar sales grew by 15.37% to 1,33,486 units in August this year, compared to 1,15,705 units in the same month last year.Industry... read more »

Textile Ministry favours FDI in multi-brand retail

The ministry of textiles under the newly formed BJP government has a contrarian view on the allowing foreign direct investment (FDI) in multi brand retail.Contrary to the party’s policy... read more »

RBI gets tough; says, even guarantor to be tagged as wilful defaulter if obligations not m...

The Reserve Bank of India (RBI) on Tuesday allowed banks to take action against guarantors on a loan, even without exhausting the remedies against the principal debtor, in case of a wilful... read more »

Indian-origin fund manager in the United States sentenced to 9 years in jail

An Indian-origin portfolio manager has been sentenced to 9 years in jail for his role in one of the “most lucrative” insider trading schemes ever in the United States... read more »

Investors put in Rs 1 lakh cr in mutual fund schemes in August

New Delhi: Investors have pumped in over Rs 1 lakh crore in various mutual fund schemes in August, making it the second consecutive monthly inflow. As per the latest data available with the... read more »