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Retail news :
- 60,000 Maggi kits sold out in 5 mins on Snapdeal
- Ola acquires Geotagg to boost its intra-city bus shuttle service
- FreeCharge to spend Rs 100 Cr for IPL sponsorship & promotions
- Online grocery platform Indian Grahak acquires Dyscover
- CarTrade acquires auto classifieds portal CarWale for $90M
- Info Edge denies Mydala acquisition by Chinese search engine Baidu
Retail news :
- Baidu in talks to buy majority stake in Mydala for $100 million
- Rajshree Empires to invest $15 million to expand cosmetics business
- Talwalkars picks up 19% stake in GymTrekker
- Quikr acquires Indian Realty Exchange to bolster its realty vertical
- Firefly Networks looking to raise funding via foreign investment
Morning Business News :
- GE to supply 1,000 diesel locomotives to Railways
- India to renegotiate TAPI gas prices
- Oil India Q2 net profit rises 11% at Rs 674.80 crore
- DIPP working on aligning FDI policy with NIC code
- FCI to raise short-term loan of Rs 30,000 crore
- Chinese internet search co Baidu in talks to buy majority stake in Mydala for $100 mn
- Adani to buy L&T’s Kattupalli port for Rs 2,000 crore
- Rupee hits 8-week low of 66.44, drops 68 paise
- Samvat 2071 ending with a loss for gold investors
- HPCL posts loss of Rs 321 cr for July-Sept quarter
- BPCL Q2 net more than doubles to Rs 1,018 cr
- Sun Pharma elevated concerns on Halol plant spooks sentiment
- Winter Session of Parliament to start from Nov 26
- Govt moves to raise PSUs to world standards
- Essar Oil may reset delisting price in ₹147-150 range
- State-run banks sell dollar around 66.49 rupee level
- Mittal’s South African steel plant in government bailout
- Coal imports drop 5% to 14.52 MT in October
- Jet Airways to buy 75 Boeing B737MAX planes
- For power assets, JSW, Adani go head-to-head
- Andhra Bank seeks to sell bad loans worth Rs1,388 crore to ARCs
- India’s prospects relatively robust; to grow at 7.2%
- Govt to revise small savings rate by month end
- Sensex trims most of its losses to end 144 points down, Nifty closes at 7,915
- Maruti Suzuki Swift and Dzire to be next products to get AMT
- Adani coal mine in Australia faces fresh legal challenge
- NDA defeat in Bihar no setback to economy
- RPower declares maiden interim dividend, total outgo Rs 281 cr
- Tata Power posts Rs 247 cr profit in Sep quarter
- FIPB clears four FDI proposals worth Rs 384 cr
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