BENGALURU Reliance Industries shares saw their biggest intraday rise in more than a decade on Tuesday, after the company set a target to reach zero net debt in 18 months and vowed to reward shareholders with higher dividends and periodic bonus issues.
* Reliance shares surge over 12% after Monday's AGM
BENGALURU Walmart Inc's Indian unit Flipkart is set to roll out a free video service for all of its 160 million customers this month as the ecommerce company looks for new ways to increase its user base in smaller towns and cities, it said on Monday.
BENGALURU The founder and largest shareholder of India's biggest coffee-chain owner Coffee Day Enterprises went missing on Tuesday, with media reports citing a letter purportedly written by him that said he gave in to pressure from lenders and tax authorities.
BENGALURU Amazon.com Inc is planning a foray into the burgeoning online food delivery business in India this year, two sources aware of the development said, in a move that could raise competition in an increasingly crowded market.
BENGALURU Indian advertisers are on track to spend more than $400 million (315.73 million pounds) during this year's ICC Cricket World Cup, looking to cash in on a mania that is smashing viewing records in the world's biggest market for the sport.
BENGALURU When Arkesh Mishra, 33, and his wife Anasuya scouted for a new home in India's tech hub of Bengaluru this year it was not the old real estate adage of "location, location, location" that was their main consideration - it was "peace of mind".