RBI allows multilateral bonds for repo
India’s Internet market
India, Singapore in pact to set up chip-making units here
BMW, Mercedes step up local sourcing of parts
Snapdeal to set up regional teams to add local flavour to fashion segment
Bengaluru: Snapdeal plans to set up regional teams to bring local sellers to its e-commerce platform. The company is setting up four teams in the fashion segment that will be based in Delhi, Bengaluru, Mumbai and Kolkata.
India to cross Brazil & Russia; emerge as second largest BRIC after China: BofA-ML
Visakhapatnam Port Trust chalks out Rs 3000-crore plan to expand cargo-holding
Hyderabad: The Visakhapatnam Port Trust (VPT) has outlined a Rs 3,000 crore (US$ 487.75 million) expansion-cum-modernisation plan aimed at enhancing the port’s capacity by nearly 50 per cent.
Gross direct tax collections go up in 2014-15 fiscal
Pune: Gross direct tax collection in India grew by 12.93 per cent to reach Rs 546,661 crore (US$ 88.43 billion) during April-December 2014 as compared to Rs 484,063 crore (US$ 78.31 billion) collected during the same period last year.
Dentsu Aegis Network acquires WATConsult
Mumbai: Dentsu Aegis Network Ltd has reached an agreement with the principal shareholder of Mumbai-based WATConsult, a digital agency, to acquire a 90 per cent stake in the company, which will ultimately be increased in steps to 100 per cent.