At that time, co-founders Sachin Bansal and Binny Bansal had made a public announcement at a Bengaluru hotel, about a $1-billion fund raising, largest so far in the Indian e-commerce sector. A day later, Amazon issued a statement that it was investing $2 billion in India.
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.
So far as entitlements and privileges of a PM's wife are concerned, the rules, though, are not as clear.
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.
Helping UK outlets get wearable devices, robotics; apps to identify empty kitchen jars and auto-order likely soon
NPPA suggests expanding the list of essential medicines whose prices are controlled
Domestic and foreign companies pour in a slew of investments in Gujarat.
Sun maintained it would retain the best of both organisations to build a global pharma company.
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.
US country head, key departmental heads leave; more likely to follow.
Competition in the US pharmaceutical market swelled in recent years, with increasing generic penetration.
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.
No Ebola case detected in the country so far; experts say a robust preparedness plan to fight the virus missing.
CCI investigation into predatory pricing likely
Details on prices sought as 10 generic drugs become up to 83 times costlier in 6 months
Bezos wears it on his sleeve, Nadella keeps it quiet
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