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Meet the Indian billionaire who recently spent Rs 97 crore to buy a lavish sea-facing home in Mumbai, and runs one of the biggest natural diamond manufacturing companies

Mavjibhai Patel joins the list of billionaires and industrialists who have invested in the premium residential project located in Mumbai

Why DMart's low margin problem may be nearing a bottom

Dmart’s value proposition has got caught in an inflationary quagmire, but relief may be near. The bigger worry is what’s afflicting margins is not inflation but something else

Maharashtra Home Minister Anil Deshmukh resigns after HC orders CBI probe against him

Maharashtra Home Minister Anil Deshmukh resigns after HC orders CBI probe against him News Network April 5, 2021 Mumbai, Apr 5: Amid a major controversy and allegations of corruption, Maharashtra Home Minister Anil Deshmukh has resigned in the wake of the Bombay High Court order instituting a CBI probe against him following allegations made by former Mumbai Police chief Param Bir Singh. Deshmukh called on NCP supremo Sharad Pawar and held discussions. Deputy chief minister Ajit Pawar too met Pawar Senior. NCP spokesperson Nawab Malik said that Deshmukh is on his way to meet Maharashtra Chief Minister Uddhav Thackeray and formally hand over his resignation.

Factbox: India retail - A nearly $900 billion market dominated by mom-and-pop stores

Factbox: India retail - A nearly $900 billion market dominated by mom-and-pop stores