The Taiwanese maker is adopting a model of setting up smartphone assembly lines in multiple cities across India.
Homegrown start-ups like UrbanClap and AtHomeDiva will now have to compete with the global e-commerce giant. Anita Babu reports.
Tariff cap offers Ola relief in battle with Uber. Though it might hurt their earnings, Ola believes the Karnataka High Court's judgement levels the playing field with Uber.
Safe or not, the global taxi giant can now track you even after you have been dropped off.
The hacking group say they will release information on those who help mask the rich.
A pod-like vehicle, which can touch top speeds of close to 1,200 km an hour, will make this amazing feat possible.
The US-based firm has marked down the value of Flipkart for the sixth time, the latest at a time when it has been struggling to raise funds at a valuation higher than or equal to $15.2 billion.
Amazon has committed over $5 billion to grow its business in India so far and says it will pump in more capital as and when needed, a big worry for rival Flipkart which has been struggling to raise funds over the past couple of months.
With a surge in users and transactions in two weeks, payment wallets step up cashbacks to get more users online.
Both Indian firms have been in talks with investors for nearly a year to raise fresh funds of as much as $ 1 billion, but with little success so far.
Amazon's huge investment of $80 million a month didn't win it favour over customers during the festive season, with rival Flipkart selling more goods, reports Alnoor Peermohamed from Bengaluru.
Large manufacturers are investing in small companies to get a peek into their R&D. Alnoor Peermohamed and Anita Babu report.
eBay says it has cut jobs at its centre in Bengaluru in favour of shifting them to other locations around the world.
While the government's demonetisation move is aimed at curbing under-invoicing, the worry was that retailers would de-stock in the short term, impacting sales.
Around half the value of the mark-downs is due to the Japanese currency's appreciation against other currencies.
Flipkart's value has eroded by a third from a peak of $15.2 billion to as low as $9 billion following several investor markdowns
'It is a gradual process of saying we want to have all the decisions across business sectors available in India as well.'
iPhone will have to break Android's domination to make India the next China for Apple
All but 500 who booked Note 7 phones have bought older devices instead of cancelling their orders but Samsung may still lose market share this festive season.
While the first half of the year saw India's e-commerce market shrinking, the success of Diwali sales will boost the sector beyond last year's benchmark
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