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Walmart eyes 10% revenue from pvt labels, 30 stores by 2019

The company opened its 22nd store in Ludhiana late last month, which is the sixth in the state, where it began with and the second in the Punjab city. from Moneycontrol Business News https://ift.tt/2xScf9K
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DoT awaits legal opinion on creation of ombudsman under Trai

The Trai Act may be modified to create an ombudsman with power to penalise operators or compensate consumers from Moneycontrol Business News https://ift.tt/2QpUVj8

PNB wilful defaulters#39; dues fall marginally to Rs 15,075 crore at Aug-end

According to the list of wilful defaulters who took loans of Rs 25 lakh and more, Kudos Chemie Ltd and Kingfisher Airlines were the major borrowers with an outstanding amount of Rs 1,301.82 crore and Rs 597.44 crore respectively. from Moneycontrol Business News https://ift.tt/2QnB8Rm

ILFS crisis: MCA ensured swift change of guard with FinMin in agreement

Moneycontrol has seen a confidential report related to the ILFS crisis which was sent to Secretary of Ministry of Corporate Affairs from the Ministry of Finance on September 30. from Moneycontrol Business News https://ift.tt/2NZTpaw

Walmart may repeat #39;predatory behaviour#39; in India as well: CAIT to NCLAT

The CAIT, which has challenged the CCI#39;s approval of Walmart#39;s USD 16 billion acquisition of Flipkart, in its reply filed before the NCLAT has said that the US retail major "may cause an appreciable adverse effect on competition" in the domestic market post combination as its "predatory tendencies" would be on a much larger scale . from Moneycontrol Business News https://ift.tt/2P4EB7c

Germany to expand job-seeker visas, seeks skilled workers

The six-month visas, currently available to university graduates, will be expanded to migrants with professional qualifications, Interior Minister Horst Seehofer said after leaders of the governing coalition met from Moneycontrol Business News https://ift.tt/2IAHnig

GST collections likely to top Rs 1 lakh crore in November, December

he collections during November and December 2018 would reflect the sales and purchases made during the months of October and November 2018 from Moneycontrol Business News https://ift.tt/2IAHjiw