Walmart purchases Flipkart for $16 billion

Bengaluru: US-based Walmart recently said that the firm had completed its deal of buying India’s largest e-commerce firm Flipkart for $16-billion. Regarding this Walmart even released a statement in which the firm mentioned that the business will be managed by the existing management team headed by CEO Kalyan Krishnamurthy. But the company will add new […]

Smitha V. Crishna, the richest women of the country

As per the recent reports, the list of Kotak Wealth Hurun-Leading Wealthy Women 2018 has Smitha V. Crishna on the first position with an estimated wealth of ₹ 37,570 crore. Smitha V. Crishna is a third-generation heir of the Godrej family owns one-fifth of the Godrej Group. The lady gained popularity in 2014 after purchasing […]

Another investment of Rs 2,700 crore in India business: Amazon

Bengaluru: A news came by, that the world’s largest online retailer, Amazon has invested an additional ₹2,700 crore ($386 million) in its Indian unit. This additional investment made by Amazon makes a total of almost  $4 billion in the five years that the company has invested in its Indian unit. Amazon in the past bounded to […]

GST collection for the 6th month of the year reconciled at Rs 96,483 crore

The GST collection for the 6th month of the year reconciled at Rs 96,483 crore. The Goods and services tax collected by the Govt in the June month was Rs 96,483 crore. As per reports released by the Ministry of Finance, Rs 95,610 crore tax was collected in the month of  May, Rs 94,016 crore revenue was received for […]

Maruti Suzuki targets double-digit growth for the year 2018

In spite of Facing flat sales in July, the Delhi based automobile manufacturer Maruti Suzuki which is the country’s largest car maker said that this financial year the company will achieve the double-digit growth. As per the recent reports, the company faced a drop of 0.6 percent in domestic sales of passenger vehicles in the […]