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Business

Wal-Mart Paid Thousands of Small Bribes in India

Wal-Mart’s Indian operations had hogged the limelight last year when the country actively debated whether to allow 100% FDI in multi brand retailing or not. The Indian arm of the world’s largest brick-and-mortar retailer is in the news again, albeit for the wrong reasons. A probe into allegations of corruption ...

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PFRDA Aims to Seek Fiscal Support for NPS

The Pension Fund Regulatory and Development Authority (PFRDA) has reportedly sought fiscal support to achieve its objective of expanding the subscriber base. The national pension scheme (NPS) is slowly but surely growing. The assets under management (AUM) of NPS crossed Rs 1 lakh crore while the subscriber base also crossed ...

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Reliance Retail to Roll Out LYF Smartphone Range

Reliance Retail announced that it is all set to sell 4G LTE smartphones under the ‘LYF’ brand. The announcement comes months ahead of the scheduled 4G services launch by group company Reliance Jio Infocomm (RJIL). The Mukesh Ambani owned retail chain announced that the LYF smartphones will boast of features like ...

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Maggi Set To Stage A Comeback

It was a food snack that was loved by people from all demographic profiles. Be a youngster or an adult, people just swooped on the immensely popular 2-minute Maggi Noodles. The brand however hit its nadir when the government of India banned Maggi due to the presence of excessive MSG, ...

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‘Select USA’ Roadshow to Kick Off In Delhi

If the Indian Prime Minister has been wooing investors through the ‘Make In India’ campaign, the United States is not far behind. A delegation from the United States is all set to initiate the ‘SelectUSA’ programme roadshow from October 13-16. The first-of-its-kind roadshow will commence in Delhi and move to Mumbai, ...

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Amazon Geared Up For Festival Season Mega Sale

Global behemoth Amazon.com is leaving no stone unturned to cash in on the upcoming festival season in India. In the last one year, the biggest online retailer in the world has increased its warehousing capacity by three times. The U.S. based retailer has also lined up 1 million products for ...

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Mukesh Ambani Still Richest Indian: Forbes

In Forbes annual listing of the of nations wealthiest people, released Wednesday, Industrialist Mukesh Ambani, who monopolized the title of the richest Indian over the last eight years, is once again on the top spot. The industrialist still ranks as the most moneyed man in the country for the ninth ...

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