Subhayan Chakraborty &Amp; Karan Choudhury

Stories by Subhayan Chakraborty &Amp; Karan Choudhury

Paytm may process Rs 60,000 cr in monthly bank transfers by end of 2018

Paytm may process Rs 60,000 cr in monthly bank transfers by end of 2018

Rediff.com   14 May 2018

Using the app, bank transfers can be done from/to any bank account, making it easier to make payments at no charge. Even non-KYC Paytm users can avail the facility.

Govt may cut excise duty on petrol, diesel soon

Govt may cut excise duty on petrol, diesel soon

Rediff.com   10 May 2018

India is the second largest buyer of Iranian crude, after China.

Post Walmart deal, Flipkart will likely build a $1 bn M&A warchest

Post Walmart deal, Flipkart will likely build a $1 bn M&A warchest

Rediff.com   8 May 2018

Readying its game plan, the Bengaluru-based e-commerce giant plans to renew talks of investments in various companies such as Swiggy, BookMyShow, Pepperfry, UrbanClap

How Google stands to gain from the Flipkart-Walmart mega deal

How Google stands to gain from the Flipkart-Walmart mega deal

Rediff.com   7 May 2018

Google will be able to co-relate data from the first click to the final delivery of product. This kind of knowledge is invaluable, something which even Amazon does not have.

Why retailers are rattled by Walmart-Flipkart deal

Why retailers are rattled by Walmart-Flipkart deal

Rediff.com   6 May 2018

Sellers, especially the smaller ones, are planning to go to court as well as move CCI as they fear that Walmart could bring multiple private labels in India and flood the e-commerce platform with its own products.

Now, our netas won't be able to influence us through Facebook

Now, our netas won't be able to influence us through Facebook

Rediff.com   27 Apr 2018

The social media giant promised that news and views will be checked for veracity and pejorative content will be weeded out.

Tech majors seek more time to implement RBI's data onshoring order

Tech majors seek more time to implement RBI's data onshoring order

Rediff.com   21 Apr 2018

Many of India's fintech entities and banks have stored all their customer data in India; however, many do use foreign servers, for operations, providing services and for data analytics.

PM Modi sets off for Britain; eyes post-Brexit trade

PM Modi sets off for Britain; eyes post-Brexit trade

Rediff.com   16 Apr 2018

In the UK, he will attend the Commonwealth Heads of Government Meeting

No sharing users' financial data with Facebook, says WhatsApp

No sharing users' financial data with Facebook, says WhatsApp

Rediff.com   14 Apr 2018

Its statement also said Facebook does not use WhatsApp payments information for commercial purposes.

RBI wants customers' financial data stored in India

RBI wants customers' financial data stored in India

Rediff.com   7 Apr 2018

Experts say the new guideline is likely to hurt foreign players more, especially card companies such as Visa, MasterCard and American Express who process and store credit card transaction data outside of India.

Start-up investors may be exempt from 'angel tax'

Start-up investors may be exempt from 'angel tax'

Rediff.com   6 Apr 2018

But, majority might be left out, as only those investing in entities recognised by the government could qualify

Slow take-off for GST e-way bill likely as traders stock up early

Slow take-off for GST e-way bill likely as traders stock up early

Rediff.com   3 Apr 2018

The system has gone through three rounds of testing for its load-bearing capacity.

As user base shrinks, m-wallets put smart money on diversification

As user base shrinks, m-wallets put smart money on diversification

Rediff.com   2 Apr 2018

The last few months have been hard on digital wallets which had a short-lived dream run post-demonetisation.

Hyderabad gets a Microsoft Garage, Bengaluru next

Hyderabad gets a Microsoft Garage, Bengaluru next

Rediff.com   30 Mar 2018

The Hyderabad Garage will collaborate with teams in Silicon Valley, Redmond, Vancouver, Washington, New England, Israel and Beijing.

Bengal's remarkable turnaround in ease of doing business rankings

Bengal's remarkable turnaround in ease of doing business rankings

Rediff.com   29 Mar 2018

State sheds laggard tag, emerges as leader among peers.

Uber seeks to soothe frayed nerves after Grab deal

Uber seeks to soothe frayed nerves after Grab deal

Rediff.com   28 Mar 2018

Quelling fears of a takeover by Ola, which is also funded by Uber's major investor SoftBank Group, the US-based cab aggregating giant made it clear that the company was not ceding its position in India, one of its core markets.

Uber, Ola's electric mobility drive in slow lane

Uber, Ola's electric mobility drive in slow lane

Rediff.com   16 Mar 2018

There is also lack of mandate from the government on adoption of electric mobility after ambitious talks of moving all new automobile sales to electric by 2030

How govt plans to achieve its goal of a billion passenger air trips a year

How govt plans to achieve its goal of a billion passenger air trips a year

Rediff.com   15 Mar 2018

Besides aircraft, passenger drones, helicopters, turboprops and seaplanes will help the government achieve its ambitious goal

Paytm to foray into financial services sector

Paytm to foray into financial services sector

Rediff.com   13 Mar 2018

Paytm plans to launch mutual funds, insurance and banking services and s also providing the option to transact offline with a physical debit card

India stares at trade war as Trump readies reciprocal tax

India stares at trade war as Trump readies reciprocal tax

Rediff.com   13 Mar 2018

While an official in the Commerce Department indicated a trade war was in the offing, till now the government has been in wait-and-watch mode.