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Your Alexa Echo will now read out NYT’s ‘The Daily’ to you

New York Times’s ’The Daily’ will produce a news briefing on weekdays for the Amazon Echoto be sponsored by Audi and read by host Michael Barbaro

2 min read14 Jan 2019

SVL launches funds focused on SMEs, affordable housing

The housing fund will initially focus on the country’s top eight cities, which are among India’s most active real estate markets, SVL said.

1 min read20 Nov 2018

CBI vs CBI: Supreme Court seeks Alok Verma’s reply to vigilance commission’s inquiry report

SC says CVC’s report should be served to offices of AG, SG, tells CBI boss to submit response in a sealed cover by Monday

2 min read16 Nov 2018

Myntra CEO clears air, says no reason to quit

Myntra CEO Ananth Narayanan on Friday denied reports he had resigned and said the online retailer will continue to run as a separate business

1 min read16 Nov 2018

OnePlus beats Apple, Samsung in premium smartphone market

OnePlus has become India’s No.1 smartphone seller in the premium segment riding on the success of OnePlus 6. On the other hand, Apple’s newly launched iPhone XS and iPhone XS Max were unable to create much demand in the opening quarter due to its high pricing in the Indian market, according to IDC.

2 min read15 Nov 2018

Sterling RP moves NCLT for possession of assets

Vishal Jain, the resolution professional for Sterling SEZ and Sterling International, has told the NCLT that it would be impossible to proceed with the resolution process without the assets

2 min read15 Nov 2018

Indian Hotels looks to sell 10 properties to pare debt

Indian Hotels aims to reduce its consolidated debt by 30% in the next 18 months, mainly through asset monetization, says CEO Puneet Chhatwal

2 min read15 Nov 2018

Royal Sundaram sells 40% stake to Belgium’s Ageas Insurance for ₹1,520 crore

Sundaram Finance, which holds 75.9% in Royal Sundaram, proposes to divest 25.9% shareholding in the stake sale process

2 min read15 Nov 2018

KKR to raise $1.5-2 billion for first Asia infrastructure fund

The discussions for launching the Asia infrastructure fund are on and KKR and Co. will reach out to investors

2 min read15 Nov 2018

Tata Power-backed firm to buy Jaypee’s Prayagraj Power from lenders

The sale of Prayagraj Power to Tata Power-backed Resurgent Power marks the first such transaction in the power generation space outside the insolvency framework

2 min read14 Nov 2018
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The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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