RCom to invest up to Rs 2,000 cr this fiscal

Last Updated: Sunday, May 31, 2015, 12:11

RCom has already raised USD 300 million early this month for capital expenditure.

V-Mart Retail to open stores in West Bengal

Last Updated: Sunday, May 31, 2015, 10:54

"We are mainly fashion retailers, although there are about some 34 stores which also sell FMCG items. We have decided not include an FMCG items in upcoming stores", he said.

Railways to sign MoU with states for infrastructure expansion

Last Updated: Saturday, May 30, 2015, 18:58

Railways will sign MoU with state governments to ensure their participation in its efforts to provide better passenger amenities and upgrade infrastructure.

Walmart to open two wholesale stores in Andhra, Punjab

Last Updated: Tuesday, May 26, 2015, 18:22

Walmart recently received all internal approvals for opening two new cash-and-carry stores in India, one in Vizag in Andhra Pradesh and second one in Ludhiana, their second store in the city in Punjab.

NBCC board okays 10% stake sale via FPO; may raise Rs 900 cr

Last Updated: Sunday, May 24, 2015, 12:15

The stake sale would be subject to the approval of the Government of India, which holds 90 per cent equity in the National Buildings Construction Corporation.

MRPL Q4 net profit up 9.6%; to foray into fuel retailing business

Last Updated: Friday, May 22, 2015, 18:01

The company had a foreign exchange gain of Rs 168 crore. It earned good refining margin, earning USD 8.56 on turning every barrel of crude oil.

JCB banks on India play, eyes highest revenue share by 2018

Last Updated: Friday, May 22, 2015, 10:52

Macdonald said infrastructure tops the growth agenda for Prime Minister Narendra Modi and the Group remains "very optimistic for the next five years".

BOJ slightly more optimistic on economy as business mood improves

Last Updated: Friday, May 22, 2015, 10:34

As widely expected, the BOJ maintained its pledge of increasing base money at an annual pace of 80 trillion yen ($662 billion) through aggressive asset purchases.