The cabinet significantly eased entry barriers in the state-dominated petrol pump business to encourage competition from Indian and foreign firms. It also approved a revival package for state-owned telecom companies Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone NigamNSE 4.92 % Ltd (MTNL) that aims at the eventual merger of the witheringRead More →

New Delhi: Digital payments company Paytm has appointed ex-Goldman executive Amit Nayyar as president, financial services business. Reporting to Vijay Shekhar Sharma, founder and CEO of Paytm, Nayyar will lead the company’s efforts to further its footprint in lending, insurance, wealth management and broking businesses, the company said in a statement. “As we focusRead More →

NEW DELHI: The Indian arm of Japanese consumer durables maker Panasonic is looking at increasing the share of its consumer appliances business, as well as its business-to-business products in India as it hopes to sell more washing machines, air conditioners, refrigerators, and industrial solutions in the country. Currently, the company fetchesRead More →

BENGALURU: WiproNSE 1.09 % is focusing on growing revenue from its India State Run Enterprises, a business that currently has negative operating margins, by hiringaccount managers and sales talent, as it looks to tap the central and state governments for growth. The India SRE business provides IT service offerings to entities and departments owned or controlledRead More →