MUMBAI, India: India's top e-commerce company Flipkart announced on Monday it had raised $1.4 billion in a record funding round that shores up the online retail giant in its fight against Amazon...
11 Apr 2017
In a first of its kind, Brics countries have come together to invest in a gold mining project in Siberia...
19 Oct 2016
A joint venture between MMI Holdings and an Indian financial services group has received final regulatory approval to provide health insurance on the subcontinent...
12 Aug 2016
New PwC survey dispels myths about women and work...
5 Mar 2015
NEW DELHI, INDIA: India's government will not appeal a court verdict favouring British mobile giant Vodafone in a multimillion-dollar tax suit, in a move aimed at winning back investor confidence...
30 Jan 2015
NEW DELHI, INDIA: Smartphone manufacturers are in a race to capture the bottom of India's economic pyramid as they battle for customers in the fast-growing low-end market where analysts say opportunities are vast.
8 Sep 2014
NEW DELHI, INDIA: India's top mobile phone firm, Bharti Airtel, reported almost 61% increase in profits - compared with last year - helped by less competition and a wider customer base.
31 Jul 2014
MUMBAI, INDIA: India's top e-commerce company Flipkart said it had raised $1bn (60bn rupees) in funds as it battles US company Amazon for supremacy in the hyper-competitive local online buying market.
30 Jul 2014
NEW DELHI, INDIA: Tata Motors, India's top vehicle group, on Monday (10 February) reported a tripling of quarterly net profit in a sterling performance by British luxury brand Jaguar Land Rover (JLR), which offset dismal domestic sales.
11 Feb 2014
NEW DELHI, INDIA: India's biggest Bitcoin trading platform said on its website Friday it had suspended operations after the central bank warned against the risks of using virtual money.
30 Dec 2013
NEW DELHI, INDIA: India's car sales fell nearly five percent year-on-year in the first half of the financial year due to the weak economy. This is the steepest drop in a decade, according to data released on Tuesday (8 October).
9 Oct 2013
Tax problems lead to Nokia criticism of India as its "least favourable market"in which to operate.
26 Aug 2013
MUMBAI, INDIA: India's top vehicle manufacturer Tata Motors says it plans to reposition the Nano as a "smart city car" after its marketing pitch as the world's cheapest vehicle resulted in disappointing sales.
22 Aug 2013
NEW DELHI, INDIA: Car sales in India slid by over 12% in May, data showed Tuesday (11 June), marking an unprecedented seventh month of decline as an industry body warned that layoffs now loomed in the once-booming sector.
12 Jun 2013
NEW DELHI, INDIA: Struggling Finnish phone company Nokia said last week the Indian tax officials had demanded the company pay taxes worth US$363m, but a court order has prevent the payment.
2 Apr 2013
MUMBAI, INDIA: India's largest state-run bank has received 1.7m applications for just 1,500 entry-level clerical jobs and has promised to examine all of them, a report said on Tuesday (12 March).
13 Mar 2013
NEW DELHI, INDIA: Car sales in India's once-booming passenger market plunged nearly 26% last month on an annual basis, their worst performance in 12 years, industry figures showed on Monday (11 March).
12 Mar 2013
Growing affluence in emerging markets is good news for manufacturers of gas-guzzling vehicles.
11 Mar 2013
MUMBAI, INDIA: Finnish phone giant Nokia said on Tuesday (12 February) it had protested to the Indian government over a tax raid at one of its factories in South India, slamming the action as "excessive and unacceptable".
13 Feb 2013
MUMBAI, INDIA: British luxury car company Jaguar Land Rover, owned by India's Tata Motors, said on Tuesday (29 January) it raised US$500m through a bond issue to fund operating costs and growth plans
31 Jan 2013