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External benchmarks for retail loans can pose risk for banks, for now
While retail loans like credit cards, personal loans are growing, consumers are concerned about banks not being able to pass on interest rate changes to themShanti Ekambaram, president, consumer banking, Kotak Mahindra Bank, talks about how banks are dealing with consumer issues
6 min read26 May 2019Flipkart fired 300 seasonal workers, delivery boys: Vendors’ body
The All India Online Vendors Association tweeted that the employment practices of Ekart, owned by Flipkart and Walmart, are under scrutiny after 300 seasonal workers were fired in Kheda and lot of sellers blacked out.
1 min read1 Jan 2019Startups follow in Flipkart’s footsteps to boost valuation
The likes of Ola, Swiggy and Paytm exploring setting up of a group company structure, like Flipkart, to enhance their valuations
2 min read5 Sep 2018Jabong raises service levels, expects 25% higher gross merchandise value in FY18
The improvement in Jabong's net promoter score has helped the company grow revenues as well as increase user base by 30% this fiscal compared with the previous year
2 min read22 Mar 2018Palak Shah: I want to take the Indian Banarasi brand out of its traditional shell
Textile maker Ekaya collaborates with French designers to craft Parisian wedding gowns with Banarasi fabrics
3 min read2 Feb 2018Beautiful and bizarre things to buy: From Sari by 11.11 to Top and skirt by Eka
In this weekly compendium of objects of desire, also a Vanities column by Swapan Seth
2 min read26 Jan 2018Deals Buzz: Naspers may partner Tencent to deliver $200 million to Swiggy
In other news, Cargill India is expanding its presence in the country and has prepared a plan to broaden its portfolio
3 min read9 Jan 2018Flush with funds, Flipkart boosts investments in logistics arm eKart
eKart parent Instakart Services has received four separate tranches of investment from Flipkart, amounting to roughly Rs2,600 crore since September
2 min read3 Jan 2018Nakul Chopra named Barc India chairman
At Barc India, Nakul Chopra will replace Sudhanshu Vats, who completed his one-year tenure
2 min read12 Dec 2017Preview of Lakme Fashion Week Winter/Festive 2017: Notes from the atelier
As the Lakme Fashion Week takes off in Mumbai today, here are five designers to look out for and the causes they express through their collections
3 min read16 Aug 2017Popular Topics
Budget
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