The rapid scale up in inventory by aggregators in the hotels space, especially by OYO Rooms, is posing a threat to the oldest player, Indian Hotels Company (IHCL).
With better roads and more disposable incomes, buyers in non-metros are boosting the demand for pre-owned cars, rather than their metro counterparts.
One97 Communications-run online mobile wallet giant Paytm has hived its e-commerce and payments bank businesses into two separate companies, according to a recent filing with Registrar of Companies (ROC).
The Indian Railways has notified 8-14 per cent increase in freight rates for coal moved between 100 km and 700 km. However, for more than 700 km, freight rates have been cut by up to 13 per cent.
Aditya Birla Group has denied reports that it was selling its telecom venture Idea Cellular. On Tuesday, a news channel reported that Idea Cellular would be merged with Vodafone India.
High costs, low margins in food and grocery, and accumulated losses are hurdles to a turnaround by Aditya Birla Retail, according to industry veterans.
Jai Anmol Ambani, son of industrialist Anil Ambai, has been inducted as executive director on the board of Reliance Capital, making him a third generation member of the Ambani family to be at helm of affairs.
Japanese auto major Toyota is expecting a flat sales performance in the Indian market in the current calendar year even after the removal of the ban on diesel vehicles in the National Capital Region (NCR).
Tata Power’s net profit for the June quarter declined 76 per cent to Rs 72.5 crore compared with Rs 303 crore in the year-ago period, impacted by one-time loss, lower other income and first-time impact on account of Indian Accounting Standards
Masala bonds, or rupee-denominated bonds issued by Indian firms, have caught the fancy of at least three companies. But these cannot be called a game changer yet, said market observers.
The Principal bench of the National Green tribunal (NGT) today directed Delta Marine Shipping Company (Delta Shipping Marine Services SA and sister concerns) and Adani Enterprises Ltd.
According to a new report by India Ratings and Research, fresh slippages to the non-performing loans category are likely to be a minimum of 1.5 per cent of total bank credit in the current financial year.
Chennai-based public sector lender Indian Overseas Bank (IOB) has remained headless in the absence of a full-time chief executive for almost two months now.
The government is working on a proposal to free defence airspace for commercial use after repeated requests from airlines.
Ajay Piramal-led Piramal Enterprises and Bain Capital Credit on Tuesday said they will set up a platform to invest in restructuring opportunities in the country.
There was a fault line in the Indian banking sector, given the sluggishness in recovery and injudicious lending, among other things, President Pranab Mukherjee said on Tuesday.
Private sector lender YES Bank became the latest entrant in the credit card space on Tuesday. Going ahead, the lender has planned an aggressive push as it aims to capture a market share of 17-18 per cent in the next five years.
India's burgeoning labour force can only be absorbed in the manufacturing sector and not in services or technology-based industries, as some policymakers have suggested, a group of experts said.
(From left) Zhiyong Zhang, chairman of Beijing Miteno Communication Technology shakes hands with Medianet's Divyank TurakhiaHad the Turakhia brothers not executed the world’s largest advertising tech deal on Monday, the two would have
Better mobile broadband experience remains the principal driver of smartphone user loyalty to telcos, says a report by Swedish telecom gear firm Ericsson.