A combination of externalities such as global trade wars and slowing growth, continuing glitches in accessing offsets under the GST regime, which has created a liquidity crunch for smaller exporters, and the growing competitiveness of smaller countries are causing the slowdown.
The app, which has close to 1 million users per day, its lawyer, is losing close to Rs 4.5 crore in revenues every day.
The removal of over 54,000 accounts was the largest such removal yet.
'The trading community will be a priority for Modi when he forms the next government.'
'Children as young as 10 are posting videos and there is no one to moderate them.'
The top five most mentioned Twitter accounts in tweets as on Thursday were those of Narendra Modi (@narendramodi) with 16,395 tweets, followed by @BJP4India (BJP's verified Twitter account) with 11,875, @RahulGandhi with 5,398, @INCIndia with 4,202 and @AmitShah with 3,496.
According to official sources, various states are contemplating bans on TikTok, Kwai, LIKE and other such apps over the next few months, on the worry that these platforms encourage child pornography, nudity and the spread of fake news, report Karan Choudhury and Neha Alawadhi.
Uber's draft prospectus for the biggest IPO in the world since Alibaba's in 2014 has projected a major cash burn for Uber in trying to get a significant market share in India, reports Karan Choudhury.
As more and more businesses move towards digital technology-enabled solutions such as chatbots to increase interaction with their own customers, BPM companies have seen a significant chunk of their revenue proceeds shifting towards business outcomes.
'This offers us many opportunities to meet people in different ways, and we will do this with full respect to India.'
Amid news that the company was planning to scale down its online marketplace business and eventually exit it, Paytm Mall is targeting Rs 10,000 crore in business over the next 12 months, says Karan Choudhury.
Company's revenue rises 3-fold to touch $206 million while total cost jumps over 6 times to $500 million
Data localisation, an overarching theme across recent government policy proposals, has been a thorny issue with industry
At the heart of the issue is the way e-commerce is defined in the current draft policy.
With funds from SoftBank, Delhivery plans to rapidly scale up its reach from 15,000 pin codes to 20,000 by the June quarter of 2019-20.
The average salary of a content manager with less than a year's experience is Rs 369,000 per annum.
Companies, industry associations, law firms and individuals have pointed out the lack of clarity on how the changes are worded and said it would violate user privacy.
Keen to salvage its engagement with Washington DC that has gone southbound ever since the Trump administration came in, India has called for a final set of meetings with US trade officials, soon, reports Subhayan Chakraborty.
'If (by the end of the deal) the talent that owns the customer relationships is not there, will L&T still get the value it is looking for?'
Experts said the builders will now factor in their losses arising from the removal of input tax credit when they pass on the benefits to end users while the latter may want the entire GST cut to be given to them.
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