BUSINESS/ECONOMY

Organised B&M retail’s revenue could grow 23-25% next fiscal: Crisil

A broad-based demand revival, with increased footfalls and recovery in discretionary consumer spending, will help the organised brick and mortar (B&M) retail sector's...

BigBasket says no comment on Tata Group’s acquisition bid

BigBasket on Wednesday refused to comment on reports that Tata Group is acquiring a majority stake in the grocery delivery platform. TechCrunch earlier reported,...

Google to give Rs 109 crore to support SMBs in India

Google on Wednesday said it would give $15 million (nearly Rs 109 crore) to support small and micro enterprises in India in the...

India to sign comprehensive trade pact with Mauritius

The Union Cabinet on Wednesday approved the signing of the Comprehensive Economic Cooperation and Partnership Agreement (CECPA) between India and Mauritius providing an...

Cautiously optimistic Hyundai committed to India investment target

Even as it maintains a cautiously optimistic stance on sales growth in India, automobile major Hyundai is committed to the planned investment target...

Travel, hospitality sectors hit hardest by Covid-19: Report

The tourism, travel and hospitality industries have been hit the hardest by the Covid-19 pandemic, a report by Institute of Management Accountants (IMA)...

Healthy business performance puts ITC stock recovery on track

Three top brokerage firms - CLSA, Credit Suisse and Axis Capital - have assigned "Buy" or "Outperform" rating to the ITC stock. Credit Suisse...

Cabinet approves PLI scheme for telecom equipment

The Union cabinet on Wednesday approved the production linked incentive (PLI) for manufacturing of telecom equipment in India. Accordingly, the scheme offers a incentive...