Unchanged repo rate to boost sales, encourage home buyers: Realty sector

6 days ago
Welcoming the Reserve Bank of India's (RBI) decision to keep the repo rate unchanged, real estate industry said the move is likely to reinforce confidence in home buyers resulting in improved sales. The apex bank Wednesday maintained a status quo on RBI governor Urjit Patel steers clear of questions ... ...

Online festive sale in India flares up on 'Black Friday'

3 weeks ago
The American shopping festival of Black Friday suddenly gained a buzz in India, thanks to ecommerce portals offering sales on the occasion, and market participants feel the demand for products online has been positive so far in the day. Black Friday Black Friday 2018 Sales ... ...

Binny Bansal's exit: More heads to roll at Flipkart as homegrown giant's loyalists may not fit into Walmart culture

4 weeks ago
Myntra Jabong CEO Anant Narayanan on Friday rejected media reports claiming that he was on his way out following the resignation of Flipkart CEO Binny Bansal recently. "I'm very excited about Myntra. I certainly intend to continue," Narayanan said. Was Flipkart Group Myntra ... ...

Reliance Industries Q2 profit rises 17.4% to Rs 95.16 bn; revenue up 54.5%

2 months ago
Reliance Industries (RIL) reported a 17.4 per cent rise in consolidated net profit for the September quarter (Q2), largely helped by a record financial performance in its petrochemicals business. Refining margins for the company took a hit, with gross ... ...

Adani, Total join hands to set up retail network, LNG terminal

2 months ago
India's largest infrastructure conglomerate Adani Group and French energy giant Total SA Wednesday announced a partnership to develop liquefied natural gas (LNG) import terminals and fuel retailing network in India. Total, which had a few weeks back  ... ...

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