Chinese technology conglomerate Tencent has bought a stake worth USD 264 million (about 2,060 crores) in Flipkart from its co-founder, Binny Bansal, through its European subsidiary.
The World Bank has slashed its growth forecast for India for the current financial year to 7.5 percent, a hefty 1.2 percentage points down from its previous forecast of 8.7 percent.
The Tamil Nadu government signed a Memorandum of Understanding (MoU) with the India Post Payments Bank (IPPB) for obtaining life certificates from pensioners through doorstep services of the Postal Department.
The Union Government has announced the formation of the Cotton Council of India under the Chairmanship of renowned veteran cotton man Suresh Bhai Kotak.
Red Bull's Max Verstappen narrowly claimed his sixth victory of the Formula 1 season after withstanding pressure from Ferrari's Carlos Sainz in the closing stages of the Canadian Grand Prix.
EXAMIANS