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Sankalp Phartiyal

India's Flipkart Group fashion unit chief denies he is quitting

16 Nov 2018

MUMBAI The chief of Flipkart Group's Myntra-Jabong fashion business on Friday denied a media report that he will quit after a reshuffle in the ranks following the ouster of group CEO Binny Bansal.

Smartphones emerge as bright spot for Indian manufacturing

25 Oct 2018

NOIDA, India Smartphone-maker Lava is a small player in India's booming mobile communications industry, but it has become a poster child for Prime Minister Narendra Modi's ambitious effort to make India a global hub for electronics manufacturing. | Video

CORRECTED-UPDATE 2-Wipro sees challenges in U.S healthcare amid Obamacare uncertainties

25 Oct 2018

* Q2 net profit down 13.8 percent after $75 mln one-off charge

Wipro sees challenges in U.S. healthcare amid Obamacare uncertainties

25 Oct 2018

BENGALURU/MUMBAI Indian software services exporter Wipro Ltd on Wednesday called out its healthcare services business in the United States as a challenge as uncertainties over Obamacare meant insurers are holding off on big technology expenditure.

Three arrested over alleged bid to blackmail founder of India's Paytm

23 Oct 2018

MUMBAI An Indian court on Tuesday remanded three people, including the spokeswoman of the country's biggest digital payments company Paytm, to a week's custody over an alleged bid to blackmail its founder and extort $2.7 million by threatening to leak stolen personal data.

UPDATE 2-Three arrested over alleged bid to blackmail founder of India's Paytm

23 Oct 2018

MUMBAI, Oct 23 An Indian court on Tuesday remanded three people, including the spokeswoman of the country's biggest digital payments company Paytm, to a week's custody over an alleged bid to blackmail its founder and extort $2.7 million by threatening to leak stolen personal data.

India rate setters highlight inflation spike risk, signal rate hikes

19 Oct 2018

MUMBAI India's interest rate setting committee sees a risk of rising headline inflation from high crude oil prices and a weak rupee, indicating potential rate hikes ahead even as it held rates unchanged at its last meeting. Minutes of the Reserve Bank of India's monetary policy committee's (MPC) October meeting, released on Friday, showed most committee members highlighted the upside risks to inflation while preferring to wait for greater clarity on price pressures.

Netflix needs lower prices to woo India

18 Oct 2018

MUMBAI/BENGALURU Netflix Inc's Indian operation drew attention in a surge of international subscribers in the third quarter, but it faces fierce competition and a difficult cultural conundrum to make inroads with the country's more than one billion TV viewers.

Infosys sticks to revenue growth guidance as quarterly profit rises

16 Oct 2018

MUMBAI/BENGALURU Infosys Ltd retained its revenue forecast for the current financial year, with the chief of India's second largest IT firm saying the demand for its services remained strong.

UPDATE 2-Infosys sticks to revenue growth guidance as quarterly profit rises

16 Oct 2018

* See spends coming back in North America - COO (Recasts, add execs' comments from news conference)

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