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Alibaba overtakes Walmart as world’s largest retailer

New Delhi: In a filing with America's Securities and Exchange Commission (SEC) last week, e-commerce giant Alibaba Group announced that it had “become the...

Lulu Group to invest Rs. 5,000 Cr

UAE-based Lulu Group to invest Rs. 5,000 crore in India by 2020 New Delhi: Lulu Group, a Middle East retail chain of hypermarkets, announced it...

Luxury Hotels Group to add 200 hotels in India

Luxury Hotels Group is also focusing on tier II and tier III cities for future growth Luxury Hotels Group has 150 hotels ranging from three-star...

Huawei launches Huawei P9 and P9 Plus

Huawei launches phone with Leica cameras for enhanced photography New Delhi: Chinese information and communications technology (ICT) solutions provider Huawei unveiled its two new flagship...

Fairfax to invest USD 300 mn in Sanmar Chemicals

Fairfax India lines up US$300-million deal with PVC manufacturer Sanmar Chemicals New Delhi: Fairfax India Holdings Corporation plans to invest $300 million in Chennai-based Sanmar Chemicals...

Big Data Firm spocto Announces India Launch

New Delhi: Big data analytics marketing platform spocto announced its India launch to empower businesses successfully communicate with customers by understanding their behaviour across...

Mahindra forays into MF business

Mahindra forays into MF business, eyes rural, semi-urban markets New Delhi: Mahindra Asset Management Company (AMC), which has received an approval from capital markets regulator...

Xiaomi makes its first investment

Xiaomi leads $25M round for music/movie streaming firm Hungama New Delhi: Chinese smartphone company Xiaomi has made its first investment in India, leading a $25...

IFC to lend $150M to Shriram Transport Finance

New Delhi: International Finance Corporation (IFC), the private sector lending arm of the World Bank, has agreed to invest $150 million in Shriram Transport...

ICICI Bank, HDFC Bank offer loans to Patanjali

Baba Ramdev's Haridwar-based consumer goods maker firm looks to raise Rs. 1,000 cr this fiscal New Delhi: Patanjali Ayurved has significantly narrowed the gap with...

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