Samara Capital buys Aditya Birla Retail

16 hours ago
Kumar Mangalam Birlaled $45billion Aditya Birla Group has sold its entire stake in retail arm Aditya Birla Retail Limited (ABRL), which owns and operates food and grocery retail under the 'More' brand, to midmarket private equity firm Samara Capital. ... ...

Wholesale price inflation drops to fourmonth low of 4.53% in August

6 days ago
Inflation based on wholesale prices eased to a fourmonth low of 4.53 per cent in August on softening of prices of food articles, especially vegetables. The Wholesale Price Index (WPI) based inflation stood at 5.09 per cent in July and 3.24 per cent in ... ...

WPI inflation drops to 4month low of 4.53% on cheaper food prices

6 days ago
Inflationbased on wholesale prices eased to a fourmonth low of 4.53 per cent in August on softening of food prices, but experts warned that a sliding rupee and rising oil prices could prompt an interest rate hike by RBI. The effect of rising petrol ... ...

Tata Motors skids to first quarterly loss in three years

2 months ago
By Aditi Shah and Arnab Paul. NEW DELHI/BENGALURU () India's Tata Motors Ltd reported its first quarterly loss in nearly three years on Tuesday as its British unit Jaguar Land Rover (JLR) sold fewer of its luxury cars to dealerships in China ... ...

Death toll in Balochistan attack reaches 130, Pak to observe national mourning day tomorrow

2 months ago
The death toll in the suicide blast targeting an election rally in the restive Balochistan reached 130 today with Pakistan announcing tomorrow as a day of national mourning over the recent terror attacks in the country. Militants yesterday targeted a ... ...

Omega 3 fatty acids hold the key stop cancer

2 months ago
Read more about Omega 3 fatty acids hold the key stop cancer on Business Standard. A study has found that a class of molecules formed when the body metabolizes omega3 fatty acids could inhibit the spreading and growth of cancer.In a recent study conducted at the University of Illinois, researchers have found that in mices, the ... ...

June retail inflation at 5%, May industrial output declines (Roundup)

2 months ago
Retail inflation in India touched the 5 per cent mark in June, compared to 4.87 per cent in May, even as industrial output in May grew at 3.2 per cent over the same month last year but declined as compared to rise of 4.9 per cent in April mainly on ... ...

Is Mukesh Ambani headed for a battle with FlipkartWalmart, Amazon?

2 months ago
At Reliance Industries' 41st AGM, it became amply clear that the global ecommerce giant Amazon and retail behemoth Walmart, which is set to acquire largest homegrown etailer Flipkart, may not have a smooth ride in a market where they have pumped in  ... ...

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