Cipla targets $1-billion revenues from domestic market in FY19

The company reported revenues of Rs 15,219 crore, growing 6 per cent, with income from the India operations seeing a 6.3 per cent jump at Rs 5,687 crore in FY18. Read more »

Runwal Group to buy RMI land in Mumbai for Rs 180 cr

The company, which is present in luxury residential, townships and commercial spaces, is planning to develop this plot as a mixed-use development project. Read more »

Air Asia PMLA case: ED collects FDI approval documents

A senior official told PTI that a team of ED investigators picked up a number of documents last week from the Department of Industrial Policy and Promotion (DIPP) as part of this... Read more »

Flipkart’s ecosystem true advantage to Walmart: Official

Judith McKenna, Executive VP, President and CEO of Walmart International, on a recent investor call has said the e-commerce market in India, while it is still nascent at 2 per cent penetration,... Read more »

SBI recorded highest NPAs in 2017-18 compared to decade before: RTI reply

The State Bank of India (SBI), the country's largest public sector lender, recorded its highest non-performing asset (NPAs) of Rs 1.1 lakh crore in 2017-18, almost equal to what it had registered... Read more »

IKEA likely to open India’s first store on July 10

The Swedish company had earlier said it was going to recruit about 800 people for the store, including 120 for the 1,000-seater restaurant coming up along with the outlet here. Read more »

How 21st century Indian rich behave in the era of technology

In this technology-led era, the rich now want to take position that need not be visible expensive but must necessarily be more informed. Read more »

Why top restaurateurs are looking beyond metros and opening outlets in tier-2 cities

The F&B industry realises the potential of nonmetros: rents are a lot cheaper, and there is a ready clientele in youngsters who have sufficient disposable... Read more »

Why NPCI and Facebook need urgent regulatory attention

NCPI and Facebook both share few traits including an insatiable appetite for personal information and a fetish for hypercentralisation. Read more »

Number of air passengers has gone up to more than 10 crore: Jayant Sinha

The government expects this number to rise further as more airports are set up across the country. Read more »