600 Crore

This is the second instance where Amazon has pumped in money into Amazon Seller Services, its arm in India, in a span of five months. This comes shortly after Walmart invested $600 million into Flipkart, the homegrown rival to Amazon.

Delhi Assembly passes Rs 46,600 crore budget for 2017-18

The Delhi Assembly today passed the Rs 46,600 crore budget for 2017-18 with Deputy Chief Minister Manish Sisodia hailing it as "poor-friendly".

JNPT inks pact with SBI, DBS for $400 mn loan

India's premier container port, JNPT has inked a pact with State Bank of India and Singapore's DBS for a loan of USD 400 million (around Rs 2,600 crore), which would be used for doubling its annual capacity.

ICICI Bank's slippages a worry; experts divided over Q4 show

The Rs 3,600 crore worth of collective contingency and related reserves will help the bank pull down its credit cost in FY17, says Nitin Kumar, Analyst from Prabhudas Liladher. But Bajrang Bafna of Sunidhi Securities says he isn't sure whether the worst is over for banks in general.