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Policy consistency is critical for inves...

Policy consistency is critical for investors: PwC chairman

PricewaterhouseCoopers (PwC) International chairman Dennis Nally is in India to release a report that suggests that the country has the potential to grow at 9% annually and become a $10-trillion economy by 2034 from under $2 trillion currently. He spoke to TOI about the steps that the government... read more »

Adani Power buys Avantha’s 600 MW ...

Adani Power buys Avantha’s 600 MW plant for Rs 4,200 crore

MUMBAI: India’s largest e-commerce player Flipkart has closed a $500-600 million fresh financing round led by its existing large investors at a massive pre-money valuation of $10 billion, giving it further ammunition to fight out rivals Amazon and Snapdeal. Tiger Global, South Africa’s... read more »

Flipkart raises $600 million in fresh fu...

Flipkart raises $600 million in fresh funding at pre-money valuation of $10...

MUMBAI: India’s largest e-commerce player Flipkart has closed a $500-600 million fresh financing round led by its existing large investors at a massive pre-money valuation of $10 billion, giving it further ammunition to fight out rivals Amazon and Snapdeal. Tiger Global, South Africa’s... read more »

Gold futures up at Rs. 26,870 on short-c...

Gold futures up at Rs. 26,870 on short-covering

NEW DELHI, NOV 24:   Gold rose 0.37 per cent to Rs. 26,870 per 10 grams at the futures trade today as participants covered-up their short positions even as the metal dropped from three-week high in global markets. At the Multi Commodity Exchange, the metal for delivery in December gained Rs. 97... read more »

More from Business

Amazon CEO Jeff Bezos meets PM Narendra Modi

Jeffrey P. Bezos, chief executive officer of Amazon.com, Friday met Prime Minister Narendra Modi, an official statement said. Bezos, who is in India for a visit, had earlier termed India an... read more »

Three reasons why bad loans are a bigger challenge than inflation for RBI

The fourth bi-monthly monetary policy announcement of Raghuram Govinda Rajan on Tuesday, as expected, was a non-event — both for the financial markets and for the common man. A status-quo... read more »

RCom to cut debt to below Rs 20,000 cr over 2 years; 4G roll-out in 2015

umbai: Reliance Communications today said it plans to reduce its debt to below Rs 20,000 crore in the next couple of years and also will roll out 4G services by next fiscal. “We will... read more »

Vijay Mallya Gets Shareholders’ Nod to Continue as USL Chairman

Liquor baron Vijay Mallya has been re-elected as non-executive director and chairman of United Spirits at the annual general meeting of the liquor major. Following a reduction in its... read more »

Harish Manwani to retire as COO of Unilever

MUMBAI: Harish Manwani, currently chief operating officer, Unilever, will retire from Unilever on December 31, 2014, after more than 38 years of service. He will continue in his capacity as the... read more »