$1.5 bn worth of festive sale clocked in 2.5 days; Flipkart, Amazon claim victory over others

Players like Flipkart, Amazon India, Paytm and ShopClues have lined up attractive offers and discounts across categories to woo customers Read more »

India may miss target of auctioning solar, wind capacities in FY19: Report

The Ministry of New and Renewable Energy has set a target of auctioning 34 GW of solar energy projects and 10 GW of wind energy projects. Read more »

Centre approves land pooling policy for Delhi

Last month, the policy was approved by the Delhi Development Authority (DDA) under the chairmanship of Lt Governor Anil Baijal. Read more »

LG India to expand production of B2B LED panels

The company claims it has around 50% share in the Rs 2,000 crore digital signage market where brands like Samsung, Sharp and Panasonic also operate. Read more »

Panasonic India mulls hiking prices of mobiles, consumer appliances on rupee woes

The rupee on Thursday hit a record low of 74.50 against the dollar in early deals. Read more »

Life insurers’ new premium income down 16 per cent at Rs 17,491 crore in September

For LIC, the April-September new business premium has come down by 6.95 per cent to Rs 63,480.68 crore from Rs 68,224.29 crore a year ago. Read more »

Sundaram-Clayton inaugurates new foundry in Chennai to expand capacity

The company said the capacity expansion is targetted towards growing demand for its products from the automotive industry and will primarily serve Hyundai Motor India. Read more »

Flipkart CEO claims victory, says there is no clear No.2

"We are clear leaders in smartphones, fashion and home products. We don't see any relevant competition this festive season. We have a share of at least 75-80% this time," Krishnamurthy said. Read more »

SECI extends deadline for 10 GW solar tender to November 12

The RFS (request for selection) for players for 10 GW solar capacities was floated in May this year. The bid submission was August 27, 2018, which was later extended to September 27,... Read more »

Cash management companies form SRO to address industry risks

The move is a part of the Reserve Bank directive to banks that came out in April for setting standards for engaging service providers in cash management activities. Read more »