Business

IndiGo offers its customers the option to pick a fare type that gives them flexibility of travel dates at no additional cost. Called Flexi Fares, this IndiGo facility has to be opted by a user while booking his or her flight ticket. The Flexi Fare option provides flexibility to the flyers to make unlimited changes to travel dates without incurring
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The deal values the 11-year old Indian e-commerce firm at $20.8 billion.

New Delhi: US retailer Walmart's $16 billion acquisition of e-commerce firm Flipkart will vitiate the country's e-commerce space and create an uneven playing field, traders and retailers said on Wednesday. The Confederation of All India Traders (CAIT) said the deal is nothing
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Twenty seven stocks on the Nifty 50 finished in the positive zone

The BSE Sensex rose 103 points to close at 35,319 on Wednesday while the NSE Nifty settled 23 points higher at 10,741. With that, the key indices ended with gains for a third straight session. Gains in IT stocks led by TCS offset losses in

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SM Fathaulla, a retired government employee, owns the 447-C, 12th main, Koramangala property

India's largest e-commerce company, second largest IT services exporter and a biotechnology major share one thing in common: Koramangala, Bengaluru. A suburb in the south-eastern part of Bengaluru where Flipkart, Infosys and
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The Gurugram-based no-frills carrier operates over 1,086 daily flights at present.

Budget carrier IndiGo today said it will launch daily direct air services from Tiruchirappalli to Bengaluru and Kochi from next month. The commencement of the new
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BSNL or Bharat Sanchar Nigam Limited has added more recharge packs into its offerings for prepaid customers to take on competition. BSNL has introduced recharge packs priced at Rs 99, Rs 319 and Rs 349 to offer unlimited voice calls - including
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In March, DERC had hiked the fixed charges but reduced the per unit rates of electricity consumed

New Delhi: The Delhi government on Wednesday announced its revised subsidy scheme under which power consumers using up to 400 units will pay at Rs 2 per unit whereas those consuming 100 units will receive a subsidy of Rs 100 per month on fixed charges.

T

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Former employees of Amazon, Sachin Bansal and Binny Bansal had met in 2005 at IIT-Delhi.

New Delhi: From selling books online to striking a jaw-dropping $16 billion deal with the world's largest retailer Walmart, all within 11 years, Flipkart has given India its big startup success story -- the one which is likely to be quoted by starry-eyed
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Perception: A well-written financial plan will bring financial success.

Reality: A well-written financial plan needs to be well-executed to bring financial success.

It is an illusion that a well-written financial plan will automatically bring financial success. Investors, at times, underestimate the challenges they need to overcome when executing

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Sensex and Nifty moved higher in early today amid higher global markets. Broad-based buying was seen even though oil marketing companies were under pressure. The Sensex was up around 150 points while Nifty hit 10,781. Indian Oil, HPCL, BPCL shares
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Rising oil prices are a double-edged sword for the world economy.

Rising oil prices are a double-edged sword for the world economy. With the price of crude up 14 percent this year and now trading at the highest since 2014, exporters of the fuel get to
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This promotional sale will go until May 16, 2018, said Flipkart.

E-commerce giant Flipkart has announced 'Big Shopping Days' sale which is set to launch on May 13, 2018. Under this scheme, Flipkart will be offering deals on smartphones, other
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With more than 10 acquisitions, JAB has sought a presence anywhere coffee is drunk.

London/Zurich/Los Angeles: Nestle's $7 billion licensing deal for Starbucks' retail business gives it a much-needed boost in its battle against JAB, the privately owned investment firm stirring up the coffee industry with a string of deals.

JAB, the family office of

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Flipkart co-founder Binny Bansal and other shareholders will hold the remainder stake

Walmart Inc. agreed to buy a controlling stake in India's biggest online retailer, striking a blow against rival Amazon.com Inc. as the battle for e-commerce supremacy goes global.

The world's largest retailer will acquire a 77

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With an aim to bring uniformity in passenger experience, IRCTC or Indian Railway Catering and Tourism Corporation has introduced new technology to monitor the food production process in its base kitchens. Called 'artificial intelligence module', the
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The IRCTC package covers return air fare on Air India; breakfast, dinner, hotel stay

IRCTC Tourism offers six day and seven night air package that will cover Chandigarh, Shimla and Manali. The package starts at Rs 32,937 per person. The trip will start on May 26 and the accommodation will be offered in a deluxe hotel, informs IRCTC tourism on its
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Japan's SoftBank will exit the company by selling its entire 20 per cent stake in Flipkart.

US retailer Walmart Inc on Wednesday acquired 77 per cent stake in Flipkart for about $16 billion. This is the biggest acquisition by a company in India this year. This is also Walmart's biggest acquisition which will

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Flipkart controls nearly 40% of India's online retail market, showed estimates by researcher Forrester.

Walmart is expected to announce its much-anticipated deal today to buy a controlling stake in Indian e-commerce company Flipkart, the Economic Times newspaper reported. The deal, likely to value Flipkart

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SBI Bank FD: Under SBI's reinvestment plan, facility of premature withdrawal is available.

SBI (State Bank of India) offers various types of term deposits. A term deposit is a fixed-term deposit held at a financial institution. SBI offers reinvestment plan, a variant of term deposits but instead of interest being paid out at a regular frequency
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The first storey of a two-storey Bungalow in Koramangala became the first office from where Sachin and Binny Bansal started an e-commerce start-up in 2007 that later turned into a unicorn called Flipkart. As Flipkart has now sold its 77% majority
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A controlling stake in Flipkart would mark Walmart's biggest acquisition of a business in recent years

Walmart Inc. is expected to announce its a deal today to buy controlling stake in India's top online retailer Flipkart, in what is likely to be the retail giant's biggest acquisition of a business in recent years.

In

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IRCTC's Kanchenjunga tour starts every Sunday.

IRCTC (Indian Railway Catering and Tourism Corporation) tourism has come up with cool Kanchenjunga tour package, said the tourism arm of Indian railways on its official website -- irctctourism.com. Under the package, IRCTC is offering a tour on destinations -- Gangtok-Pelling-Darjeeling for 6 nights
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Bookings of the offer are open on Maharajas' Express official website.

The Indian Railway Catering and Tourism Corporation (IRCTC) operated Maharajas' Express train is offering 'The Indian Splendour' tour package at a starting price of $5,980. The
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Credit cards can be a boon when used judiciously as they entitle you to advance credit and great rewards. But if you're careless with your card use, you could incur charges, penalties and a hefty interest rate.

To ensure that you use your card smartly

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The Walmart deal will leave Sachin, Binny Bansal of Flipkart with deep pockets of $1 billion each

The day when Walmart bought 77% stake in India's largest e-commerce company Flipkartfor nearly $16 billion, the Walmart shares fell nearly 4%. At 9.30 pm (IST), the Walmart stock was trading at $82.28, 4.04% lower
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Recently, BSNL also came up with a recharge pack of Rs. 349 under which it offers unlimited calling.

State-run BSNL or Bharat Sanchar Nigam Limited has come up with a new prepaid recharge plan priced at Rs 39 for its subscribers, said the telecom
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Losses in banking, finance and energy shares dragged the key indices lower

Indian stock markets started Wednesday's session on a weak note. Losses for domestic stock markets came a day after the US government pulled out of an international nuclear deal with Iran, raising the spectre of re-imposition of

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Eicher Motors wound up a joint venture entity called Eicher Polaris with immediate effect

In its board meeting on Wednesday, the two-wheeler maker Eicher Motors announced Rs 110 dividend on a share of Rs 10, giving a dividend of 1,100%. The net profit
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Gold had gained Rs 250 in the previous three sessions.

Gold prices ticked higher by Rs 10 to Rs 32,200 per 10 grams at the bullion market in Delhi on Wednesday largely on sustained buying by local jewelers and shrugging off a weak trend overseas. With
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Dollar-rupee pair could trade in the range of 67.23-67.55 in the near term: IFA Global

The rupee (INR) fell to fresh 15-month low of 67.42 per US dollar (USD) today after US President Donald Trump pulled the United States out of an international nuclear deal with Iran. Yesterday, the rupee had closed 5 paise

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