Govt to push for consolidation of public sector banks

In his Budget speech, Mr. Jaitley had announced that public sector banks are expected to get an infusion of Rs. 25,000 crore this fiscal The government will push for consolidation of public sector banks once they are recapitalised and strengthened, Finance Minister Arun Jaitley said today. “We have now undertaken this exercise of recapitalisation of […]

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Govt hikes funding for start-ups, Flipkart invests more in Myntra

Photo: iStock What to watch out for: • Flipkart invests another Rs.338 crore in its fashion portal Myntra: In an attempt to boost its leadership position in the fashion segment, Flipkart has infused Rs.338 crore into online fashion store Myntra. The fresh funds come at a time when Myntra’s nearest rival, Rocket Internet-backed Jabong, is […]

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