UCO Bank identifies Kingfisher Airlines as willful defaulter
UCO Bank has joined the growing list of lenders in identifying grounded Kingfisher Airlines as a wilful defaulter for non-payment of dues. However, the bank is yet to declare the company a wilful defaulter.
Microsoft launches Nokia 130 for Rs 1,649 in India
Microsoft Devices today launched entry level dual-sim mobile phone 'Nokia 130', having built-in music player with up to 46 hours continuous playback on a single charge, for Rs 1,649 in India.
Indian e-commerce set to hit $6 bln mark in 2015
Electronic commerce in India is forecasted to reach $6 billion , taking a huge jump of 70% from previous $3.5 billion.Sengar added that B2C e-commerce leads the market in India, while B2B is limited to organizations that drive online channels to integrate with their partners and distributors.
Biyani's Future Supply Chains to buy logistics firm Brattle Foods
Future Supply Chains, part of Kishore Biyani's Future Group, will acquire logistics start-up firm Brattle Foods for an undisclosed amount.As per the agreement between the two firm, Brattle Food will merge with Future Supply Chains (FSC) and shareholders GTI Capital and Epiphany Ventures will get some shareholding in the Future Group company.
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