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7 July, 2014 4:34 AM Budget may be non-event for broader market: Credit Suisse

He further says the brokerage house expects the budget to be a non-event for the broader market, though specific changes such as revisions of excise duty for cigarettes, gold import duty or other such duty tweaks could affect specific sectors. Bharat Iyer, JP Morgan says sector positioning is polarised ahead of the Budget. “Beneficiaries of potential 66

2 July, 2014 12:41 PM Wal-Mart Launches Online Wholesale Platform in Hyderabad and Lucknow

Wal-Mart India on Tuesday launched its online wholesale platform in the country, offering the service in Hyderabad and Lucknow. The e-commerce platform will provide the same range of products as its wholesale stores, as well as special items for members, the company said in a statement. "This initiative is aimed at enhancing our members' shopping experience 7

1 July, 2014 10:00 AM Wal-Mart starts virtual wholesale stores in Hyderabad, Lucknow

NEW DELHI: Wal-Mart India on Tuesday launched its online wholesale platform in the country, offering the service in Hyderabad and Lucknow. The e-commerce platform will provide the same range of products as its wholesale stores, as well as special items for members, the company said in a statement. "This initiative is aimed at enhancing our members' shopping 19

25 June, 2014 6:31 AM Cannot participate as banking correspondent: M&M Financial

M&M Financial Services believes that the Reserve Bank of India’s move to permit NBFCs to act as business correspondents (BCs) or agents of banks, will help the central bank achieve its objective of financial inclusion, MD Ramesh Iyer said. However, the company may not participate as a banking correspondent since deposit taking NBFCs are not allowed 27