Snapdeal's rival Flipkart had last announced its GMV in March this year -- $1 billion. Many rounds of funding later, sources estimate Flipkart's GMV at about $3 billion, a figure Snapdeal is trying to catch up with.
Kolkata-based United Bank of India, which had earlier declared Kingfisher Airlines and its four directors, including Mallya as wilful defaulters, on Tuesday identified UBHL, the guarantor of the grounded Kingfisher Airlines, also a wilful defaulter.
So far as entitlements and privileges of a PM's wife are concerned, the rules, though, are not as clear.
Experts say it's not only important to get due-diligence done by an independent firm but it needs to be cross-checked, too.
The Narendra Modi-led National Democratic Alliance government, like its United Progressive Alliance predecessor, seems to be failing on suo motu disclosures under the Right to Information Act.
The threat may be a decade away, but it has brick-and-mortar sellers rethinking their strategies and banking on the govt to regulate online companies.
2,500 kg of sandalwood to Pashupatinath temple cost India Rs 1.9 crore, reports Nivedita Mookerji
Future, which recently tied up with Amazon in India to sell its fashion and food products exclusively on the American giant's marketplace platform, is looking at a gross merchandise value of about Rs 6,000 crore (Rs 60 billion) in the next three years from the venture.
Bankers say it's a question of survival for debt-heavy companies.
Helping UK outlets get wearable devices, robotics; apps to identify empty kitchen jars and auto-order likely soon
Samvat 2070 was a great year for top Indian conglomerates in the stock markets.
China has cast a long shadow on India's economy.
The Prime Minister's Office has clarified that the total sanctioned strength of the PMO has been around 525 in the period 2011-14. As against this, the actual strength of the PMO in the years 2011, 2012 and 2013 was in the range of 407 to 411. The number has now declined to 385.
A source said the competition watchdog would by next month suggest 'structural remedies' that included selling key drug segments as conditions for clearing the country's largest pharmaceutical industry merger.
On Reva, Mahindra says electric cars are an innovation that can disrupt the automobile sector.
In fact, a $1-million initial fund has been announced to help developers build apps and new services, including for more local-language content, and a contest has been launched, too.
CCI investigation into predatory pricing likely
Revivals nearly double q-o-q to 36 in September, highest in 3 years
Bezos wears it on his sleeve, Nadella keeps it quiet
But earnings of main private holding firm get a booster dose from RIL dividend