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
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
Flipkart and Myntra, together, post higher sales than Amazon
Flipkart has seen 33 per cent growth in past 6 months despite slowing e-commerce business and stiff competition from Amazon.
Most technology companies such as Infosys and Wipro, multinationals such as Amazon and IBM, and start-ups such as Flipkart have made the city their home thanks to its salubrious climate, cosmopolitan culture, and the ability to get talent locally
LinkedIn hopes to bring more first-time job seekers there, apart from technology talent from the smaller cities.
Looks at 100 km ride on single charge, ideal for big cities
Automobile makers in India are embracing taxi-hailing apps such as Uber and Ola, hoping to ride on their expansion to sell more cars, a contrarian view to companies in Western markets that fear a drop in car sales due to them
Ola's cash reserves are starting to run dry. The company was in talks to raise $1 billion in funding by the end of July, but no announcement has been made as yet
The community has taken offence to being wrongly stereotyped as watchmen in the ad which also plays on an exaggerated Hindi accent to seem funny
While the redeployment of talent from companies that have shut down into other start-ups is a great move, some say the gesture is gaining more visibility than the actual companies
The idea that technology and startups with newer business models will not disrupt traditional businesses has been thrown out the window.
Its growth has been driven by discounts rather than enticing new customers to its platform
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