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Business

CCI nod for Walmart-Flipkart deal, traders' body to move court

Fair trade watchdog Competition Commission of India (CCI) has approved the acquisition of e-commerce major Flipkart by Wal-Mart International Holdings.

 


Bourses should reconcile regulatory, market interests: NITI Aayog

Indian stock exchanges need to further reconcile their regulatory functions with market interests in order to protect and promote the interest of retail depositors, NITI Aayog Vice Chairman Rajiv Kumar said on Wednesday.

 


LATEST HEADLINES

Regulator DGCA eases flight duty norms for pilots amid IndiGo crisis


LoP Ashoka targets CM govt over corruption, says being 'shameless' in public life not forgivable


SIR in Gujarat: More than 17 lakh deceased voters found on electoral rolls


Russian President Putin says India, Russia collaboration not directed against anyone


SIT formed to probe second sexual assault case against expelled Cong MLA Mamkootathil


49 Indigo flights likely to be cancelled from Hyderabad


RBI trims policy interest rate by 25bps to 5.25pc, loans to get cheaper


ED attaches fresh assets in PMLA case against Reliance Group; total attachment over Rs 10K cr


Man dies by suicide after jumping in front of metro train in Bengaluru


Red sandalwood worth Rs 1.75 cr seized, five held


Russia's Rosatom delivers nuclear fuel to Kudankulam plant


PM Modi presents copy of Gita in Russian to Putin




Samsung leads global smartphone market, Huawei pips Apple

Chinese tech conglomerate Huawei surpassed Apple to become the second largest smartphone brand worldwide in the second quarter of 2018 as South Korean giant Samsung continued to be the global leader, two reports said on Wednesday.

Mobiles to drive India's 70% fashion accessory purchases by 2022: Report

By 2022, seven in ten fashion accessory purchases in India will be influenced by mobile phones, predicts a new Facebook-KPMG report said on Tuesday.

Nearly half of those mobile-influenced purchases will be driven by Facebook, amounting to a $110 billion sales opportunity, said the latest "Zero Friction Future" report.

Reliance Industries topples TCS with highest market capitalisation

Reliance Industries Ltd (RIL) on Tuesday surpassed Tata Consultancy Services (TCS) in market capitalisation (market-cap) in India.

At 1.08 p.m., the market-cap of Reliance Industries on the BSE stood at around Rs 7.47 lakh crore, against the Rs 7.39 lakh crore worth of market-cap of Tata Consultancy Services.

Rs 15,167 cr unclaimed money lying with life insurance companies

A staggering amount of Rs 15,167 crore amount belonging to policyholders is lying unclaimed with 23 life insurance companies, according to latest regulatory data.

 

Sensex, Nifty continue to climb new highs; consumer durables, FMCG stocks rise

The bull run in the domestic equity indices continued on Friday, with both the S&P BSE Sensex and the NSE Nifty50 climbing to fresh record levels.

Equity indices hit record highs; Sensex touches 37,000-mark

The S&P BSE Senseex and the NSE Nifty50 touched thier new record highs during the intra-day trade session on Thursday.

Qualcomm scraps $45 bn NXP deal after no response from China

San Diego-based chipmaker Qualcomm has walked away from buying Dutch firm NXP Semiconductors for $45 billion after the Chinese regulators did not grant last-minute approval to the deal.

Facebook lost $120 bn in market value over slow growth

Facing global backlash over the massive Cambridge Analytica data scandal, Facebook stock nosedived 20 per cent -- wiping over $120 billion off the company's market value -- after its revenue and user growth in the second quarter of 2018 fell short of investor expectations.

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