UpFront
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Flipkart accounted for nearly half of all smartphones sold online in India in 2015
One in three smartphones were sold online during the year in the country, according to Counterpoint Technology Market Research
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Will the new FDI norms be a party spoiler for online discounts?
The new norms on marketplace ecommerce will have major ramifications on discounting and other areas
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Portea acquires medical equipment venture Health Mantra
The purchase complements its services, adding engineers and equipment to alleviate problems related to breathing, sleep and ageing
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India's media and entertainment industry expected to grow at 14% CAGR by 2020
Digital advertising continued to be the fastest growing medium in the country, according to the 2016 FICCI-KPMG report
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Vijay Mallya smokes the peace pipe; offers banks Rs 4,000-cr settlement
Former liquor baron, who is not in the country, has proposed to settle his dues by end of September
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Tata Steel explores outright sale of UK business
Steelmaker sees a bleak future for its already beleaguered UK operations given structural weakness in the global steel market
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The billionaires and their superyachts
Does the size of a billionaire’s yacht correspond to a big bank account? do the extravagant extras offer insight into its skipper? These six superyachts—which range from a cosy 194 feet to a cushy 533 feet—belong to individuals with a combined wealth of $61 billion. In other words, their ships have come in
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GVK divests 33% stake in Bengaluru airport to Fairfax for $321 million
Post the deal, GVK's founder-family to continue to head executive roles at the country's third busiest airport by passenger traffic
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Tata Sons raises its stake in AirAsia India to 49%, Arun Bhatia exits
The airline's chairman Ramadorai and director Venkataramanan buy 2% stake from Bhatia ensuring that 51% stake in the airline is owned by Indian entities
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ATG to continue to operate as independent unit, post-buyout
On Friday, Yokohama Rubber Co said it reached an agreement with global investment firm KKR and other concerned parties to purchase all the shares of ATG for about $1.2 billion
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Share buybacks - A way to stabilise Indian financial markets
It will protect companies from the threat of acquisitions and takeovers