BigBasket eyes 40% revenue from private labels next fiscal

MUMBAI: Chinese retail giant Alibaba-backed online grocery player BigBasket that aims to be a billion-dollar company by the next fiscal year, is expecting 40 per cent of its projected revenue to come in...

UPDATE 1-Britain's Compass Group full-year profit rises 7.1 pct

(Reuters) - Compass Group Plc (CPG.L) reported flat operating margin for the full-year at 7.4 percent on Tuesday, as the world’s biggest catering firm’s lower volumes and higher costs at its UK business...

Swiss stocks – Factors to watch on Nov. 20

ZURICH/BERLIN, Nov 20 (Reuters) - Here are some of the main factors that may affect Swiss stocks on Tuesday: UBS GROUP UBS Group AG’s UBSG.S Australian unit was fined A$120,000($87,552.00) after the Markets...

More steps for MSMEs, weak banks likely at next meeting

NEW DELHI: The Urjit Patel- led RBI may ease the risk weights for lending to micro, small and medium enterprises (MSMEs), helping lenders pare interest rates on loans to small businesses, which have...

Signzy lands Rs 24 crore from Stellaris, others

NEW DELHI: Signzy, which provides digital onboarding solution for financial institutions, has secured Rs 24 crore from a clutch of investors led by Stellaris Venture Partners and Kalaari Capital to fuel its expansion...

UPDATE 1-China blames "excuses" for lack of agreement at APEC, as U.S. ties sour...

BEIJING (Reuters) - A major Asia-Pacific summit’s failure to agree on a communique resulted from certain countries “excusing” protectionism, a top Chinese diplomat said, in a veiled criticism of Washington that further sours...

Oil treads water amid expected OPEC cuts, gloomy economic outlook

2/2 © Reuters. FILE PHOTO: A...

Investor premium in startups under lens

MUMBAI: The ministry of corporate affairs (MCA) became the latest government department after the income tax to question the premium paid by investors in startups after issuing notices to more than 2,000 startups...

UPDATE 1-Mexico expects U.S. to begin lifting tariffs with trade deal signing -McClatchy

Trucks wait in the queue for border customs control to cross into U.S. at the Bridge of Americas in Ciudad Juarez, Mexico, August 15, 2017. REUTERS/Jose Luis GonzalezWASHINGTON (Reuters) - Mexico expects Washington...

Mexico expects U.S. to begin lifting tariffs with trade deal signing – McClatchy

© Reuters. Trucks wait in the queue for border customs control to cross into U.S. at the Bridge...

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