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22 October, 2018 4:37 AM Flipkart Festive Dhamaka Sale Kicks Off October 24: What You Need to Know

While the Festive Dhamaka Days sale will go live ‪on October 24‬, the Walmart-owned online marketplace will offer an opportunity to its Flipkart Plus members to grab their favourite deals and offers before anyone else. The sale will open for Flipkart Plus members ‪at 9pm on October 23.‬ Flipkart has tied up with Axis Bank to offer payment-based incentives 71

21 October, 2018 3:35 PM 23-Hour Shutdown At 400 Petrol, CNG Pumps In Delhi

Around 400 petrol pumps in Delhi that also sell Compressed Natural Gas, will remain shut for 23 hours starting 6 am tomorrow in protest against Delhi government's refusal to reduce Value Added Tax on diesel and petrol. The protest was called by Delhi Petrol Dealers Association on October 10 - days after 13 states slashed VAT following a request by Union 62

18 October, 2018 4:02 AM Tata Group looks to pick up stake in troubled Jet Airways

Naresh Goyal’s Jet Airways is looking for an equity collaboration but Tata Sons seeks management control, according to a report. Tata Group, India’s largest business conglomerate, has initiated discussions to buy a large stake in the loss-making Jet Airways, people in the know told The Times of India. Naresh Goyal’s Jet Airways, which has delayed 59

16 October, 2018 2:59 PM Lenovo to raise mobile production capacity in India by up to 10 fold in 2019

PC and mobile maker Lenovo plans to ramp up its smartphone production capacity up to 1 million units per month in 2019, a top official of the company said. "We make mobile phones in India at our partners factory. At present we have production capacity of 100,000 per month which we plan to increase in the range of 500,000 to 1 million units per month 50

15 October, 2018 4:15 PM Israel's Only Olympic Gold Medallist To Sell His Medal

Gal Fridman also plans to sell the windsurfer with which he won the gold medal at the sailing competition. As a result of his win, he received hundreds of thousands of dollars from the Israeli Olympic Committee and sponsors, but had to pay the state income tax of 50 percent. In early June 2005, a safe from Fridman's parents' home was stolen, with his gold medal 45

15 October, 2018 1:55 PM India's Petronet LNG says talks to invest in Qatar have slowed

India's Petronet LNGÂ said its talks to invest in Qatar's exploration and production sector had "slowed down," as the company had not been able to reach an agreement on pricing with the Middle Eastern nation. "Qatar is still at a very preliminary stage. We were actually looking at getting the molecule (gas) at the wellhead price. They want to sell it at market 39

13 October, 2018 5:05 AM China views yuan depreciation not in its interest: Steven Mnuchin

US Treasury Secretary Steven Mnuchin on Saturday said Chinese officials told him this week that a further depreciation of China's yuan currency is not in the country's interest. Mnuchin also told a news conference that he is 'not losing any sleep' over the prospect that China could sell US Treasury debt amid rising trade tensions between the world's 60

12 October, 2018 10:06 AM ArcelorMittal signs pact to sell 4 European steel plants to Liberty House

Steel and mining major ArcelorMittal on Friday said it has entered into a pact to sell four of its European steel plants to Liberty House. The four assets are part of a divestment package that ArcelorMittal agreed with the European Commission (EU) related to its acquisition of Ilva SpA (Ilva), it said. In a statement ArcelorMittal said it "has received 67

12 October, 2018 5:43 AM Sell Jindal Steel & Power, target Rs 155: Hadrien Mendonca

The stock has also broken down from an inverse Flag pattern on the daily chart which further accentuates our bearish stance on the stock, says Hadrien Mendonca of IIFL. Jindal Steel & Power has broken down from an inverse Cup and Handle pattern on the weekly chart and has also sustained below the breakdown zone. It has also entered into a lower top lower 69

10 October, 2018 5:39 PM China to sell armed drones to Pakistan, state media downplays concerns in India

China's state-run media paints Pakistan as a victim of terrorism and feels India can benefit when Islamabad puts the armed drones to work against terrorists. No word on the country's support to terrorists, however. A day after China's state-run media, quoting Pakistan Air Force's Sherdils Aerobatic Team, reported that the country would sell 48 armed 158