It hopes to leverage the growing number of mobile transactions
Snapdeal has been on the deal street for raising fresh funds in order to muscle up for the growing competition in e-commerce.
Flipkart has described the event as 'rare' and 'isolated'.
Snapdeal had appointed merchant bankers for listing on an American stock exchange
The identity of the new investor could not be ascertained.
Meru Cabs is in talks with Chinese e-commerce giant Alibaba.
Its executives are test-marketing the model in New Delhi.
The rises in the sector follow an increasing churn rate.
Ma is also exploring strategic play in one of the largest media houses in India.
Jack Ma is learnt to have discussed about e-commerce, mobile telephony
States to give choices, Centre to decide by year-end.
Most of Flipkart's business came from consumer electronics.
The US Food and Drug Administration (FDA) says it does not follow an India agenda.
The fresh funds would be used for expansion of Meru's network.
Flipkart might consider Singapore, too, as listing norms aren't very strict.
Snapdeal to spend $1 billion on 5-6 acquisitions this year.
Your next ride via the Ola app in an auto rickshaw could be cashless.
Tata made personal investments in four companies last year.
The 'Smart Cities' project is one that has faced many hurdles.
The Budget shouldn't be stuck on fiscal numbers, the PMO apparently said.