Men Grooming Startup Beardo has sold its 45% stake for an undisclosed amount to consumer goods company, Marico. The financials of the deal were not disclosed.
In a written reply, Arun Jaitley on Friday stated in Lok Sabha that there was no plan of withdrawing ₹2000 banknote.
Snapdeal is planning to layoff 600 employees in net few days in order to become India's first profitable eCommerce firm in next 2 years.
N Chandrasekaran has finally taken over as Chairman of Tata Sons. He replaced Ratan Tata, who was the interim chairman after the controversial sacking of Cyrus Mistry.
RBI Governor Urjit Patel has said that GDP will bounce back in the longer run despite experiencing a dip due to demonetization.
With the ongoing hike in prices of crude oil internationally, the prices of domestic flight tickets are set to go up in the coming months.
After Demonetization, Smartphone sale has dipped down by 30-35%, with Apple taking the biggest blow. The company has restructured its revenue and sales target.
Reserve Bank has announced to withdrawal limits from Savings Accounts from March 13th. This step will completely remove the restrictions put by Demonetization.
Apple is going to set up a pilot project initially in Bengaluru to test the situations before moving to full scale manufacturing.
In a notification, Reserve Bank of India stated that it will soon launch new notes of denomination 100 which will have similar design to the old notes.