Flipkart to acquire 100% shareholding of Cleartrip
Business | April 15, 2021 14:56 ISTFlipkart on Thursday said it will acquire Cleartrip, an online travel technology company.
Flipkart on Thursday said it will acquire Cleartrip, an online travel technology company.
Infosys has posted a 17.5 per cent rise in net profit to Rs 5,076 crore in the fourth quarter. The IT major has announced up to Rs 9,200 crore buyback offer.
The New Development Bank (NDB) of the BRICS countries has approved USD 241 million loans for Mumbai Metro and USD 500 million for the Delhi-Ghaziabad-Meerut Regional Rapid Transit System (RRTS) Project.
In a big move to revive business in real estate sector, the Uddhav Thackeray-led government in Maharashtra has reduced the stamp duty on sale deed documents by 3 per cent between September 1 and December 31 this year. Start next year, January 2021, the stamp duty would be reduced by 2 per cent.
Jasneet will steer employee experience, culture and talent initiatives amid rapid growth at a time when BharatPe is looking to diversify its product strategy to boos revenues.
Alto, Maruti Suzuki India's most selling car for 16 years, has achieved another milestone for MSIL when its total sold units crossed 40 lakh-mark, the company said in a statement. Alto, the entry-level Maruti car since it withdrew Maruti 800, is specifically popular among the first-time buyers for its value for money.
Infosys co-founder NR Narayan Murthy has made three big suggestions as a way forward for the economy hit by coronavirus pandemic. Murthy says GDP numbers are really worrisome and has come up with a three-point formula.
Non-life insurer SBI General Insurance on Tuesday announced the appointment of Prakash Chandra Kandpal as its new managing director and chief executive officer, effective July 20.
The Madras High Court has made it clear that laudatory expressions like 'Magic Masala' and 'Magical Masala' cannot be monopolised and use of similar expressions would not amount to passing off under the Trademark Act.
Listing of Life Insurance Corporation (LIC) and sale of government's stake in IDBI Bank may be delayed beyond March 2021, due to depressed valuation amid COVID-19 pandemic, news agency PTI reports quoting sources.
JR Sood, Founder & Chairman of the EROS Group, a family-owned business entity with a primary focus on Hospitality, Real Estate and Entertainment, passed away on Sunday at the age of 94.
Drug firm Zydus Cadila on Tuesday said it has received final nod from the US health regulator to market generic Perphenazine tablets used for the treatment of schizophrenia. The company has received final approval from the United States Food and Drug Administration (USFDA) to market Perphenazine tablets USP in the strengths of 2 mg, 4 mg, 8 mg and 16 mg, Zydus Cadila said in a statement.
A day after Finance Minister announced Rs 1.7 trillion economic package for country, the Reserve Bank of India governor Shaktikanta Das announced bold measures cut lending rates by slashing repo rate and reverse repo rate by massive 70 bps and 90 bps respectively. He also announced a 3-month moratorium on loans.
Sitharaman today announced an economic package that will benefit migrant workers, urban and rural poor which will be known as the Prime Minister Gareeb Kalyan scheme.
The National Company Law Appellate Tribunal on Monday allowed JSW Steel to acquire Bhushan Power & Steel Ltd for Rs 19,700 crore by providing it immunity from prosecution by the Enforcement Directorate.
Shares of Oil and Natural Gas Corporation fell over 3 per cent on Monday after the company posted halving of its December quarter net profit.
Tech Mahindra Ltd on Tuesday announced the inauguration of its new delivery centre. The centre was inaugurated in the presence of IT and Industries Minister KT Rama Rao. The new facility is in line with Tech Mahindra's TechMNxt charter, which focuses on leveraging next-generation technologies and solutions, like artificial intelligence among others to address real-world problems to meet the customer's evolving and dynamic needs, a press release from the IT firm said.
Travis Kalanick, who built Uber into a ride-hailing giant, only to be ousted as CEO over the company's sexist “bro” culture, is cashing out. Kalanick disclosed Tuesday that he has sold off all his Uber stock — estimated at more than $2.5 billion — and is resigning from the board of directors, severing ties to the company he co-founded a decade ago.
Production of cement (- 7.7 per cent), steel (- 1.6 per cent), and electricity (- 12.4 per cent) also declined during the month. The only sector that posted growth in October was fertilizers where production increased by 11.8 per cent year-on-year.
The stock holding limit was imposed in September. At present, retailers can stock onion only up to 100 quintals and wholesale traders are allowed to keep up to 500 quintals. Food and Consumer Affairs Minister Ram Vilas Paswan on Wednesday had asserted that the government was making maximum efforts to control prices.
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