Wednesday, Sep 27, 2023 | Last Update : 08:25 AM IST

  Business   Companies  09 Aug 2018

Business, Companies, 09 Aug 2018

Flipkart to expand e-grocery store in 5 to 6 Indian cities by year-end

It takes head-on players like Alibaba-backed BigBasket and SoftBank-funded Grofers as well as rival Amazon India.

09 Aug 2018 5:24 PM

MRF Q1 net profit jumps over two-fold to Rs 261 crore

The company had reported a net profit of Rs 106.53 crore for the same period previous fiscal.

09 Aug 2018 4:16 PM

Whirlpool Q1 net profit rises 23.41 per cent to Rs 163.79 crore

The company had posted a net profit of Rs 132.72 crore in the corresponding period last year.

09 Aug 2018 3:59 PM

Paytm acquires Bengaluru-based Balance Technology

Paytm declined to comment on the deal size, the transaction is expected to be about USD 2 million as per industry sources.

09 Aug 2018 3:07 PM

NGT grants Vedanta conditional access to its copper smelter

The Tamil Nadu government ordered the permanent closure of the Thoothukudi plant and disconnected its power supply.

09 Aug 2018 2:40 PM


HPCL digs in heels, says acting as per statute in not recognising ONGC as promoter

ONGC seeking recognition as the promoter of the company post-acquisition of majority stake in HPCL.

09 Aug 2018 1:16 PM

Walmart may approach I-T dept to determine tax liability in Flipkart deal

Walmart last month assured the I-T department that it will fulfil all tax obligations.

09 Aug 2018 1:08 PM

SBI launches unified payment terminal- MOPAD

MOPAD will help merchants to integrate different kinds of transactions through one PoS machine.

09 Aug 2018 11:27 AM

Five challenges IKEA will face in India

Prising Indians away from local furniture makers that they trust is going to be difficult for IKEA.

09 Aug 2018 10:52 AM

Swedish home furnishings major IKEA opens first India store

Company plans to hire 15,000 in the coming years as it expands operations in India.

09 Aug 2018 10:45 AM


Mazda, Suzuki, Yamaha Motor carried out improper testing

Mazda and Suzuki confirmed they submitted reports regarding improper testing to the ministry.

09 Aug 2018 10:24 AM

Plans afoot to sell 2 Air India subsidiaries

Airline’s ground-handling & engineering units may be put on block.

09 Aug 2018 8:57 AM

CCI clears Walmart's USD 16 billion acquisition of Flipkart

Walmart-Flipkart combination would create unfair competition and drive local convenience stores out of business.

09 Aug 2018 8:30 AM

Ikea bets India to be one of top sourcing nations

Despite the long history, India, which supplies almost a fifth of Ikea’s global goods, lags behind China, Poland and Italy.

09 Aug 2018 6:35 AM