In comparison, Flipkart India, the marketplace unit of the country's largest e-commerce marketplace, posted a 750% growth in losses to Rs 20.6 billion.
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.
Aadhaar, says former UIDAI chairman Nandan Nilekani, has followed 'all the design principles laid by the Supreme Court.'
To promote entrepreneurship in India's tier-II and tier-III cities, Silicon Valley entrepreneur Gururaj 'Desh' Deshpande's Deshpande Foundation will open the sandbox in Hubballi. Alnoor Peermohamed reports.
The hacking group say they will release information on those who help mask the rich.
Narayanan's strategy of building exclusive brands for Myntra has been a success as well, and more such brands will be added to the portal's offering in the future
One spacecraft will be Indian Space Research Organisation's own Chandrayaan-2, while the other will be from India's first private moonshot Team Indus which is competing in the Google LunarXPrize challenge.
The ride-hailing company will soon launch UberEATS, which has been testing food and grocery deliveries since 2014, in India. Alnoor Peermohamed reports.
Safe or not, the global taxi giant can now track you even after you have been dropped off.
Ola commits to invest $100 mn in Vogo, to bring scooter-sharing to its app, reports Alnoor Peermohamed.
Ending Paytm's monopoly as the only wallet payment option on Uber, the ride-hailing service has decided to allow payments through Jio Money. Alnoor Peermohamed reports.
The company's India focus hasn't changed with the change in CEOs.
As the government faces a difficult choice in keeping up with the rest of the world in AI development while making sure it does not add to unemployment, it has set up a task force to draw up a policy for the accelerated deployment of AI
Unauthorised sale of data to third parties will land developers in trouble.
RuPay has 42% of total debit cards, but contributes only 16% of PoS, e-commerce transactions. With banks scheduled to renew deals with Visa, Mastercard, here's how RuPay plans to increase its reach to premium customers.
The deal, which will kick in after the holiday season, in January, will give Apple more visibility among online buyers in India. The partnership could help Apple take on Chinese smartphone maker OnePlus, which has become one of the leading player in the premium smartphone market thanks to Amazon.
A pod-like vehicle, which can touch top speeds of close to 1,200 km an hour, will make this amazing feat possible.
Amazon has committed over $5 billion to grow its business in India so far and says it will pump in more capital as and when needed, a big worry for rival Flipkart which has been struggling to raise funds over the past couple of months.
Nandan Nilekani talks about moving towards a cashless economy and freedom of Internet, among others
Infosys had told the group of ministers that it would expand its 100-member team to speed up the bug fixes.
Taizo Son, SoftBank founder Masayoshi Son's youngest brother, is also planning to enter India.
The company captured just 2.4% of the mid-range smartphone market in India, a far cry from the 24.2% share Oppo's F3 commanded.
The retired Karnataka high court judge is frail but sharp as a tack is a staunch disbeliever of Aadhaar, saying all it does is replace other forms of identification.
Smart India Hackathon 2017 saw them build computer programmes or smartphone applications for 598 problems identified by different government departments.
Myntra CEO Ananth Narayanan, who was earlier against the merger of the two fashion e-tail companies, is learnt to be meeting each Jabong employee one-to-one.
The launch of premium devices from OnePlus and Samsung in the second half of Apple's reporting period added to Apple's woes.
Tesla began taking orders for its Model 3 sedan from Indian customers in 2016 and caught the fancy of people like GOQii's Vishal Gondal, Paytm's Vijay Shekhar Sharma and venture capitalist Mahesh Murthy. Amid hints from Elon Musk, Alnoor Peermohamed reports on Tesla's Indian entry.
Two months after the launch of its first store in the country, Swedish furniture retail giant IKEA says it has seen some surprising behaviour from shoppers and is tweaking its business model. Peter Betzel, chief executive of IKEA India, speaks to Bibhu Ranjan Mishra & Alnoor Peermohamed.
Contributors to Team Indus project will have names etched on an object going to space.
People with merit are valued; not just degrees from prestigious institutions, Google CEO tells students at his old college.
The largest e-commerce entity of China is setting up its first India office -- an indication that it intends to capture a pie of the growing e-commerce market here. Raghavendra Kamath & Alnoor Peermohamed report.
'Please don't forget there's still one final piece to fall in place, which is the Supreme Court judgment. Once that happens, it will be ready for being passed.'
'If you look at the big opportunity, it is sitting in markets like India, Southeast Asia and Brazil. The US and Europe are very strategic markets for us because they tell us whether we're fit to compete.'
The move to push offline sales will be led by opening Mi Home stores, Xiaomi India managing director Manu Jain tells Alnoor Peermohamed.
Infosys' chief executive officer and managing director Vishal Sikka says despite a healthy guidance, he can't say if this would be 'industry leading'.
Vistara CEO Phee Teik Yeoh discusses the airline's expansion plans and challenges with Alnoor Peermohamed.
With a new campaign that talks about togetherness, Uber challenges Ola's homegrown narrative.
Even as India goes green, lack of uniform standards for setting up charging stations is holding back companies. Alnoor Peermohamed reports.
Experts say the new security features will significantly ensure there is no 'large-scale theft of people's identity'.
In 5 years, prices for keywords on Google's AdWords platform have gone up three to five times. Alnoor Peermohamed reports.
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