Veena Mani And Karan Choudhury

Stories by Veena Mani And Karan Choudhury

PhonePe eyes $50 billion in transactions in 2019

PhonePe eyes $50 billion in transactions in 2019

Rediff.com   28 Jan 2019

PhonePe via Bharat Bill Payment System (BBPS) plans to get into a number of new verticals, including fee payments in schools and colleges, payments at hospitals and other services

Why Amazon may delay $1-bn investment plans in India

Why Amazon may delay $1-bn investment plans in India

Rediff.com   23 Jan 2019

Amazon India is waiting for clarifications from the government on several aspects of the latest FDI guidelines to be able to carry on with business in the country. Sources said, no new investment is likely till at least the second half of 2019.

In a major climbdown, govt now says e-commerce firms can sell pvt labels

In a major climbdown, govt now says e-commerce firms can sell pvt labels

Rediff.com   4 Jan 2019

Private labels remain big business for e-commerce marketplaces. They comprise almost 15 per cent of the total business of such firms.

It's hashtag rural as Twitter prepares for 2019 polls

It's hashtag rural as Twitter prepares for 2019 polls

Rediff.com   1 Jan 2019

Success in the Lok Sabha polls would help Twitter chart out its growth story in India.

Will Santa bring good news for India's real estate developers?

Will Santa bring good news for India's real estate developers?

Rediff.com   6 Dec 2018

Christmas is a perfect time for most NRIs to travel back to India and include property buying in their schedule. Ahmedabad, Kochi, Ludhiana and Chandigarh are some cities that witness generous investments from NRI investors.

Modicare covers basics, but complex healthcare mostly outside ambit

Modicare covers basics, but complex healthcare mostly outside ambit

Rediff.com   4 Dec 2018

Among the most widely used packages have been treatment of cataract, dental root canal and normal delivery of babies.

Foodpanda has bitten off more than it can chew

Foodpanda has bitten off more than it can chew

Rediff.com   22 Nov 2018

Foodpanda delivery executives were assured they could make Rs 50,000. There were promises made on surge and demand. But the demand never kept up with the supply.

In India, Twitter's Dorsey offers politicians tools to go viral

In India, Twitter's Dorsey offers politicians tools to go viral

Rediff.com   13 Nov 2018

During his maiden visit to India, the 41-year-old, nose ring-sporting Dorsey wants "to experience everything", according to a tweet he posted on November 10, but mainly reach out to all political parties and meet government officials -- at the Centre and in states -- as well as senior police officer and civic body officials, so that he can assist in delivering governance through Twitter. This will also help the social media giant chalk out its next stage of expansion.

Panel says Big 4 auditing firms are not 'multinationals'

Panel says Big 4 auditing firms are not 'multinationals'

Rediff.com   12 Nov 2018

'These firms do not contravene provisions of Chartered Accountants Act, 1949, which bar members of the countries not allowing Indians to practice accountancy in their jurisdiction to become chartered accountants in India,' said the committee, headed by Anurag Agarwal, a joint secretary in the ministry of corporate affairs, and such Indian audit firms cannot be equated with multi-national corporations.

Foodpanda unleashes monster discounts to capture market share

Foodpanda unleashes monster discounts to capture market share

Rediff.com   12 Nov 2018

Takes on UberEats, Swiggy; experts question cash burn.

Why are Uber, Ola drivers upset?

Why are Uber, Ola drivers upset?

Rediff.com   9 Nov 2018

Cab aggregators caught between showing profitability to investors, increasing their network and dabbling in areas such as food ordering have seen a major blow to their primary business.

Ola, Uber war hots up once again, this time over grocery delivery biz

Ola, Uber war hots up once again, this time over grocery delivery biz

Rediff.com   7 Nov 2018

Ola wants to be India's answer to Grab, which is into everything, starting from cab service and logistics to bike taxis and food and grocery delivery.

MCA likely to cap fees of independent directors

MCA likely to cap fees of independent directors

Rediff.com   7 Nov 2018

The ministry said some urgent amendments are not there in the ordinance but are required for strengthening the corporate governance

Cisco's John Chambers invests in Lucideus; eyes IoT space in India

Cisco's John Chambers invests in Lucideus; eyes IoT space in India

Rediff.com   30 Oct 2018

According to sources, Chambers has led the $5-million funding round via his investment firm JC2 Ventures

Plot thickens over who stole Paytm data

Plot thickens over who stole Paytm data

Rediff.com   24 Oct 2018

Allegations are flying thick and fast, from harassment, pressure on employees to sell their stocks in the firm, to not one but two extortion calls.

With new RBI move, M-wallets face tough fight

With new RBI move, M-wallets face tough fight

Rediff.com   20 Oct 2018

While mobile wallets are still busy exploring the multiple facets of interoperability, experts believe that bringing in new customers would be costly affair and the numbers of new wallet users might not see a major hike anytime soon.

Twitter to enable fair polls, eyes smart cities to stay relevant

Twitter to enable fair polls, eyes smart cities to stay relevant

Rediff.com   3 Oct 2018

The micro-blogging platform hopes its new emphasis on governance would help differentiate it from Facebook and Instagram.

The India stack is unique in the world: Naspers CEO

The India stack is unique in the world: Naspers CEO

Rediff.com   21 Sep 2018

Bob van Dijk, chief executive officer of Naspers, is now betting on companies in food tech, payments, travel and other consumer sectors to tap the potential of the Indian market.

Govt plans to bring another 100,000 firms out of their shells

Govt plans to bring another 100,000 firms out of their shells

Rediff.com   17 Sep 2018

In the second phase of action against shell companies, the MCA is also trying to trace the directors of 'vanishing' companies

There's room at the top in Big 4 social media cos in India

There's room at the top in Big 4 social media cos in India

Rediff.com   17 Sep 2018

Companies such as Facebook, WhatsApp and Twitter are finding it extremely difficult to rope in new India heads.