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In 2010, three years before Amazon made its India e-commerce marketplace debut, the US giant circulated an investment proposal, code-named 'Red', to a few select potential local partners for a retailing venture.
Stocks in the news: PNB, BHEL, IOC, Blue Star, Godrej Properties and DLFPunjab National Bank (PNB) has set up a wholly-owned subsidiary to manage its credit card business.
from Stocks-Markets-Economic Times https://ift.tt/3eQoyK3
… Read MoreHDFC Bank leads peer lenders over mobile transactionsAs per data analysed by Bernstein, Kotak has a 2% share in system deposits but has a 5% share in mobile transaction. SBI Yono ranks low on activity, largely due to its customer base being less digitally savvy and lower ticket… Read MoreETMarkets Morning Podcast: Carlyle strikes gold on SBI Cards stake
from Stocks-Markets-Economic Times https://ift.tt/3vyAaao
… Read MoreBPCL slips 5% as payout falls below investor expectationsFollowing the recent stake sale by BPCL Trust, Emkay Global had said the proceeds may also be paid as a special dividend of Rs 40-50 per share in two months. Some of the other large brokerages too predicted a dividend payout … Read More‘Keen to sell small stake in Spencer’s, Nature’s Basket’While both Spencer’s and Nature’s Basket are focused on food and grocery retail, the latter is exclusively into food and grocery and hence will be easier to get capital through overseas investors since India allows 100 per ce… Read More
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