Facebook makes first start-up investment in India, picks up stake in Meesho

Mumbai: Facebook has invested in Meesho, an Indian platform that enables entrepreneurs to establish online businesses through social channels, making it its first investment in an ...

Warehousing sees surge in private equity investment and leasing activity

Ahmedabad: Organised warehouse leasing activity in India witnessed 80 per cent growth in 2018, supported by rising private equity (PE) investments in the realty sector.

Amazon pumps in Rs 2,800 crore into India unit after its exit from China

Bengaluru: Multinational e-commerce major Amazon approved a Rs 2,800 crore (US$ 404.09 million) investment for its India unit on May 21, 2019.

Ircon's top agenda: Rs 13,000-crore rail projects to better coal traffic

New Delhi: State-run Ircon International is targeting to complete its four railway projects in multiple states worth Rs 13,200 crore (US$ 1.90 billion) by FY23.

Manufacturing PMI hits 3-month high of 52.7, govt sees demand picking up

New Delhi: The Nikkei Purchasing Managers' Index (PMI) for India's manufacturing sector rose to a three-month high of 52.7 in May 2019.

GST collection crosses Rs 1 trillion for third straight month in May

Goods and services tax (GST) collection in India surpassed Rs 1 trillion (US$ 14.33 billion) for third consecutive month in May 2019.

Commerce Ministry gearing up to boost exports through e-commerce

New Delhi: The Ministry of Commerce and Industry, Government of India is planning measures to boost Indian exports using e-commerce.

Australia's Cotton On enters India through Myntra, plans offline stores

New Delhi: Cotton On, Australia's largest fashion retailer, has entered the Indian market through Myntra and has signed contracts with Flipkart and Jabong as well.