Nicely explained , it's going on even before 90s. British leaving India is a myth. There lala's lender's never went away. most Indians are idiots who get happy after getting 25,000Rs to 50,000RS monthly salary and think they have won the race, while in reality it's just an Illusion. Real winner are 0.0001% corporates and families( primary shareholder of companies to be precise ) and they have become to powerful even for government and now even run them, either directly or indirectly, Enriching themselves further. Military has been compromised as top brass has skin in the game. Democracy is a myth , it's all oligarchy, it's always have been.
Indian Economy : News,Discussions & Updates
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The National Council for Applied Economic Research (NCAER) has projected that the Indian economy would contract 12.6% this fiscal year, a massive downgrade from the 1.2% growth it had estimated in June.
Growth would remain negative throughout the fiscal year, the think tank said in its Quarterly Review of the Economy report for the July-September quarter, released on Friday.
Read more at:
Indian economy to contract by 12.6% in Q2, need 1991 like reforms: NCAER
Growth would remain negative throughout the fiscal year, the think tank said in its Quarterly Review of the Economy report for the July-September quarter, released on Friday.
Read more at:
Indian economy to contract by 12.6% in Q2, need 1991 like reforms: NCAER
Both MSP and mandis stay in the new bill and the only change is farmers having option to sell other than the mandis ..........not sure why anyone other than a middleman should worry about the new bill .
As if the ship wasn't sinking already. Who will be a better option instead of the gujju 1 & 2. Please tell us...
Exclusive | Government set to announce fiscal stimulus package ahead of festive season
Centre weeks away from announcing measures aimed at boosting demand and creating jobs. Plans include an urban job scheme and a massive infrastructure push.
www.google.com
High-frequency indicators suggest India’s economy picking up pace
10 of the 16 high-frequency indicators considered in Mint’s macro tracker were in the red in August, marking an improvement over the previous three months
www.livemint.com
Walmart looking at up to $25 billion investment in Tata Group's super app
By Reuters
Last Updated: Sep 29, 2020, 11:36 AM IST
If the Walmart deal goes through, it will top its investment in Flipkart, for which the U.S.-based company paid $16 billion for a 66% stake.
BENGALURU: Walmart Inc is in talks with Tata Group for a potential investment of up to $25 billion in the Indian salt-to-software conglomerate's new "super app", the Mint newspaper reported on Tuesday, citing people familiar with the matter. According to ongoing discussions between the two companies, the super app could be launched as a joint venture between Tata and Walmart, leveraging on the synergies between Tata's e-commerce business and Flipkart, Walmart's e-commerce unit, according to the report.
The news comes as Reliance Industries Ltd, controlled by Asia's richest man Mukesh Ambani, raised over $20 billion from investors including Facebook, Alphabet's Google, KKR & Co and Silver Lake Partners by selling stakes in its digital business Jio Platforms.
Separately, Bloomberg News reported Tata Group is in discussions with potential investors about stakes in its new digital platform. The Walmart investment could touch $20 billion to $25 billion eventually for a large stake in the proposed super app that will be hosted under a Tata Sons unit, according to the Mint report.
The super app, which is scheduled to be launched in India in December or January, will bring together Tata's consumer business under one channel offering a wide range of products in the retail space, Mint said. Tata's consumer businesses include watch and jewellery brand Titan and fashion retail chain Trent. Shares of Tata Consultancy Services, Tata Motors and Tata Steel gained more than 1% each, with TCS the top boost to the Nifty 50 index.
If the Walmart deal goes through, it will top its investment in Flipkart, for which the U.S.-based company paid $16 billion for a 66% stake. Mint said Walmart had hired Goldman Sachs as the banker for the proposed deal. Tata Group, Walmart and Goldman Sachs did not immediately respond to Reuters requests for comment.
economictimes.indiatimes.com
By Reuters
Last Updated: Sep 29, 2020, 11:36 AM IST
Synopsis
The super app, which is scheduled to be launched in India in December or January, will bring together Tata's consumer business under one channel offering a wide range of products in the retail space, Mint said. Tata's consumer businesses include watch and jewellery brand Titan and fashion retail chain Trent.
The super app, which is scheduled to be launched in India in December or January, will bring together Tata's consumer business under one channel offering a wide range of products in the retail space, Mint said. Tata's consumer businesses include watch and jewellery brand Titan and fashion retail chain Trent.
If the Walmart deal goes through, it will top its investment in Flipkart, for which the U.S.-based company paid $16 billion for a 66% stake.
BENGALURU: Walmart Inc is in talks with Tata Group for a potential investment of up to $25 billion in the Indian salt-to-software conglomerate's new "super app", the Mint newspaper reported on Tuesday, citing people familiar with the matter. According to ongoing discussions between the two companies, the super app could be launched as a joint venture between Tata and Walmart, leveraging on the synergies between Tata's e-commerce business and Flipkart, Walmart's e-commerce unit, according to the report.
The news comes as Reliance Industries Ltd, controlled by Asia's richest man Mukesh Ambani, raised over $20 billion from investors including Facebook, Alphabet's Google, KKR & Co and Silver Lake Partners by selling stakes in its digital business Jio Platforms.
Separately, Bloomberg News reported Tata Group is in discussions with potential investors about stakes in its new digital platform. The Walmart investment could touch $20 billion to $25 billion eventually for a large stake in the proposed super app that will be hosted under a Tata Sons unit, according to the Mint report.
The super app, which is scheduled to be launched in India in December or January, will bring together Tata's consumer business under one channel offering a wide range of products in the retail space, Mint said. Tata's consumer businesses include watch and jewellery brand Titan and fashion retail chain Trent. Shares of Tata Consultancy Services, Tata Motors and Tata Steel gained more than 1% each, with TCS the top boost to the Nifty 50 index.
If the Walmart deal goes through, it will top its investment in Flipkart, for which the U.S.-based company paid $16 billion for a 66% stake. Mint said Walmart had hired Goldman Sachs as the banker for the proposed deal. Tata Group, Walmart and Goldman Sachs did not immediately respond to Reuters requests for comment.
Walmart looking at up to $25 billion investment in Tata Group's super app
The super app, which is scheduled to be launched in India in December or January, will bring together Tata's consumer business under one channel offering a wide range of products in the retail space, Mint said. Tata's consumer businesses include watch and jewellery brand Titan and fashion retail...
Govt plans to sell 25% stake in LIC in phases
Govt is planning to seek cabinet’s approval to sell 25% stake in LIC to plug a widening budget gap.The timing of the insurer’s initial public offering will be depend on market conditions, and the sale is likely to be done in tranches
www.livemint.com
The 4,389 luxury apartments in Central Mumbai that need to be sold
No other micro-market in India has as much supply of luxury real estate as the belt of Central Mumbai. 12 projects alone have supply and upcoming supply of 8,796 units. Only 4,407 units have been booked according to data by RERA. The unsold 4,389 units have an inventory of 7.18 million square feet. Prices in that market have been on a downward slide but at an average price of INR 40,000/sqft, that means an inventory of almost INR 30,000 crore needs to be sold. It won’t be easy. Excess supply and congestion have created a mismatch that will not be plugged in a hurry. Moreover there are additional new projects scheduled for commencement in that belt. Prominent among them is an upcoming slum rehabilitation project by Godrej Properties.
Details of 8 key projects in Central Mumbai
Source: RERA, BHKVoice
bhkvoice.com
No other micro-market in India has as much supply of luxury real estate as the belt of Central Mumbai. 12 projects alone have supply and upcoming supply of 8,796 units. Only 4,407 units have been booked according to data by RERA. The unsold 4,389 units have an inventory of 7.18 million square feet. Prices in that market have been on a downward slide but at an average price of INR 40,000/sqft, that means an inventory of almost INR 30,000 crore needs to be sold. It won’t be easy. Excess supply and congestion have created a mismatch that will not be plugged in a hurry. Moreover there are additional new projects scheduled for commencement in that belt. Prominent among them is an upcoming slum rehabilitation project by Godrej Properties.
Details of 8 key projects in Central Mumbai
| Project Name | Total units | Unsold units | Unsold sqft |
| Lodha Park | 2,581 | 747 | 10,04,818 |
| Piramal Mahalaxmi | 1,228 | 817 | 9,05,895 |
| Monte South | 648 | 373 | 5,06,134 |
| Rustomjee Crown | 708 | 420 | 7,19,153 |
| Piramal Aranya | 1,077 | 713 | 7,68,662 |
| Omkar 1973 | 136 | 71 | 2,42,874 |
| Raheja Imperia | 263 | 131 | 2,10,067 |
| Raheja Artesia | 189 | 121 | 3,91,459 |
The 4,389 luxury apartments in Central Mumbai that need to be sold - BHK VOICE
No other micro-market in India has as much supply of luxury real estate as the belt of Central Mumbai. 12 projects alone have supply and upcoming supply of 8,796 units.READ MORE
bhkvoice.com
after reliance now tata's are getting super duper billions of dollars. probably next it will be mahindra group getting 50 billion dollar investment from japanese for developing a pokemon game and a bullet train that will connect delhi to ladakh. All aboard the fastest hype train from japan before it vanishes in a moment.Walmart looking at up to $25 billion investment in Tata Group's super app
By Reuters
Last Updated: Sep 29, 2020, 11:36 AM IST
Synopsis
The super app, which is scheduled to be launched in India in December or January, will bring together Tata's consumer business under one channel offering a wide range of products in the retail space, Mint said. Tata's consumer businesses include watch and jewellery brand Titan and fashion retail chain Trent.
View attachment 17961
If the Walmart deal goes through, it will top its investment in Flipkart, for which the U.S.-based company paid $16 billion for a 66% stake.
BENGALURU: Walmart Inc is in talks with Tata Group for a potential investment of up to $25 billion in the Indian salt-to-software conglomerate's new "super app", the Mint newspaper reported on Tuesday, citing people familiar with the matter. According to ongoing discussions between the two companies, the super app could be launched as a joint venture between Tata and Walmart, leveraging on the synergies between Tata's e-commerce business and Flipkart, Walmart's e-commerce unit, according to the report.
The news comes as Reliance Industries Ltd, controlled by Asia's richest man Mukesh Ambani, raised over $20 billion from investors including Facebook, Alphabet's Google, KKR & Co and Silver Lake Partners by selling stakes in its digital business Jio Platforms.
Separately, Bloomberg News reported Tata Group is in discussions with potential investors about stakes in its new digital platform. The Walmart investment could touch $20 billion to $25 billion eventually for a large stake in the proposed super app that will be hosted under a Tata Sons unit, according to the Mint report.
The super app, which is scheduled to be launched in India in December or January, will bring together Tata's consumer business under one channel offering a wide range of products in the retail space, Mint said. Tata's consumer businesses include watch and jewellery brand Titan and fashion retail chain Trent. Shares of Tata Consultancy Services, Tata Motors and Tata Steel gained more than 1% each, with TCS the top boost to the Nifty 50 index.
If the Walmart deal goes through, it will top its investment in Flipkart, for which the U.S.-based company paid $16 billion for a 66% stake. Mint said Walmart had hired Goldman Sachs as the banker for the proposed deal. Tata Group, Walmart and Goldman Sachs did not immediately respond to Reuters requests for comment.
Walmart looking at up to $25 billion investment in Tata Group's super app
The super app, which is scheduled to be launched in India in December or January, will bring together Tata's consumer business under one channel offering a wide range of products in the retail space, Mint said. Tata's consumer businesses include watch and jewellery brand Titan and fashion retail...
Maruti Suzuki reports 32% surge in domestic sales during September
The company sold 152, 608 vehicles during the month as against 115,452 units sold a year ago. It also meant a 30% growth over August 2020 sales.
Mubadala buys 1.4% of Reliance Retail; Abu Dhabi-based company to invest Rs 6,247.5 cr in RIL unit
In June, Mubadala invested Rs 9,093 crore in Jio Platforms, the digital services division of Reliance Industries. Several of the overseas investors in Jio have now turned their attention to Reliance Retail
Current a/c surplus at record $19.8 bn in first quarter
Private transfer receipts, mainly representing remittances by Indians employed overseas, was at $18.2 billion, down 8.7% YoY. Net foreign direct investments saw an outflow of $400 million compared with inflows of $14 billion a year ago
www.livemint.com
India plans launch of own app store as alternative to Google, Apple - ET Now
Prime Minister Narendra Modi's government may ramp up its Mobile Seva App Store for this purpose, the television channel reported, without providing further details.
Reuters
October 01, 2020, 15:51 IST
India is planning to launch its own app store as an alternate to the ones offered by Apple and Alphabet-owned Google, in a bid to make the country more self-reliant, ET Now reported on Thursday, citing government sources.
Prime Minister Narendra Modi's government may ramp up its Mobile Seva App Store for this purpose, the television channel reported, without providing further details.
"Android has a 97% market-share in India. So, we should intervene and handhold Indian startups," ET Now quoted government sources as saying, adding that the store would not charge the 30% fee to host apps unlike Google or Apple.
The government is also considering a plan to make it mandatory for Android phones to be pre-installed with its apps, as per the channel's report.
telecom.economictimes.indiatimes.com
Prime Minister Narendra Modi's government may ramp up its Mobile Seva App Store for this purpose, the television channel reported, without providing further details.
Reuters
October 01, 2020, 15:51 IST
India is planning to launch its own app store as an alternate to the ones offered by Apple and Alphabet-owned Google, in a bid to make the country more self-reliant, ET Now reported on Thursday, citing government sources.
Prime Minister Narendra Modi's government may ramp up its Mobile Seva App Store for this purpose, the television channel reported, without providing further details.
"Android has a 97% market-share in India. So, we should intervene and handhold Indian startups," ET Now quoted government sources as saying, adding that the store would not charge the 30% fee to host apps unlike Google or Apple.
The government is also considering a plan to make it mandatory for Android phones to be pre-installed with its apps, as per the channel's report.
India plans launch of own app store as alternative to Google, Apple - ET Now - ET Telecom
Prime Minister Narendra Modi's government may ramp up its Mobile Seva App Store for this purpose, the television channel reported, without providing further details.
India plans launch of own app store as alternative to Google, Apple - ET Now
Prime Minister Narendra Modi's government may ramp up its Mobile Seva App Store for this purpose, the television channel reported, without providing further details.
Reuters
October 01, 2020, 15:51 IST
India is planning to launch its own app store as an alternate to the ones offered by Apple and Alphabet-owned Google, in a bid to make the country more self-reliant, ET Now reported on Thursday, citing government sources.
Prime Minister Narendra Modi's government may ramp up its Mobile Seva App Store for this purpose, the television channel reported, without providing further details.
"Android has a 97% market-share in India. So, we should intervene and handhold Indian startups," ET Now quoted government sources as saying, adding that the store would not charge the 30% fee to host apps unlike Google or Apple.
The government is also considering a plan to make it mandatory for Android phones to be pre-installed with its apps, as per the channel's report.
India plans launch of own app store as alternative to Google, Apple - ET Now - ET Telecom
Prime Minister Narendra Modi's government may ramp up its Mobile Seva App Store for this purpose, the television channel reported, without providing further details.