New Delhi: Didi Chuxing's acquisition of Uber's China business last week reshapes the landscape in Asia's growing ride-hailing sector, and leaves India's Ola more vulnerable to attack by Uber in its $12 billion home market. Four months ago, Ola executives...
New Delhi: ICICI Bank is aiming to facilitate 30 lakh transactions through its interoperable electronic toll collection facility on national highways by March 2017. Electronic toll collection (ETC) enables vehicles to pay highway tolls electronically without stopping at toll plazas. The...
Mumbai: Textile-to-retail conglomerate Arvind Ltd has forayed into worsted suiting category under its 'Primante' brand and is plans to capture 20 per cent market share of the Rs 2,000-crore segment in next five years. "We have launched our premium...
Singapore/Tokyo: The British pound edged up on Thursday as investors counted on the Bank of England to cut interest rates to a record low, while a rebound in oil prices from four-month lows lifted Asian stocks. The sterling rose 0.1...
Reserve Bank Governor Raghuram Rajan stuck to the script by holding repo rate steady in his last monetary policy announcement today. Dr Rajan kept the key repo rate unchanged at over five-year low of 6.5 per cent, while underlining...