Online furniture marketplace WoodenStreet is planning to raise $10 million in the next 12 months, the company said in a statement on Sunday. According the company, the newly-raised fund would be utilised for an "omni-channel" expansion across India, including an increase in footprint in four ...
Footwear major Bata India is planning to open about 500 franchise stores which would come up in small towns over the next five years, a top company official said here on Friday. "We now have 150 franchise stores. We are looking to get about 500 franchise ...
US stocks traded lower on Friday, as investors digested various data that came below market expectations and remained worried over US-China trade tensions. At midday, the Dow Jones Industrial Average fell 230.77 points, or 0.87 per cent, to 26,352.65. The S&P 500 slid 28.61 points, or 0.97 per cent, to ...
Given the current economic slowdown in India, a renewed focus on the primary conditions towards promoting investment and consumption is essential. At its core, a slowdown in the flow of credit due to a variety of factors has been a significant contributor to the issue at hand. Improvements in the three areas ...
Canada-based investment firm Fairfax Financial Holdings Ltd acquired 2.6-lakh additional shares in Quess Corporation to increase its equity stake in the software firm, said the company on Friday. "On acquiring the additional shares and the spinout of our shares by Thomas...
US President Donald Trump on Friday signed the "Bipartisan Budget Act of 2019," which boosts discretionary spending limits and suspends the public debt limit for the next two years. ...
Ahead of the launch of Apple's first ever credit card for iPhones, the customer agreement for the Apple Card has been found on the Goldman Sachs website about the ins and outs of its working. ...
In a major relief to Foreign Portfolio Investors (FPI) hit by budget proposal to levy higher surcharge on income tax, the government is considering a plan to grandfather all income generated by FPIs. ...
Despite the flight of over Rs 20,500 crore worth of foreign funds from the country's stock market, the government seems adamant to implement the taxation surcharge on the super-rich category which has spooked Foreign Portfolio Investors (FPIs). ...
Two Singapore-based Indian origin YouTubers on Friday said they were "sorry for any hurt" caused by a controversial video they created to criticise a "racial" advertisement of NETS E-Pay, a local electronic payment service provider. In an Instagram post, Preetipls, whose real name is Preeti Nair, and her ...
