Latest stories

  • India’s Future Group averts bond payment default

    Offline retail major Future Group, which has of late come under tremendous financial strain, on Monday finally managed to avert a default by paying 1 billion rupees of interest on its foreign bonds. The interest was paid on the last date of the 30-day grace…
  • India’s Reliance logs on to online pharma space

    India’s online pharma sector is now turning into a battleground for big players, with the US e-commerce giant Amazon and India’s oil-to-telecom conglomerate Reliance Industries throwing their hats into the ring. In the latest development Reliance Industries, owned by India’s richest man Mukesh Ambani, has…