Alibaba Group Holdings Ltd may scrap plans to invest in online marketplace Snapdeal, technology website Recode has reported.
State govt asks the two taxi aggregators to end surge pricing.
Homegrown chat application Hike messenger on Wednesday said it will offer free voice calls to its users over 2G, 3G and wi-fi services across the globe in over 200 countries.
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.
The firm is fighting a court battle over new rules that mandate licensing & cap fares that remove surge pricing.
Predatory pricing petitions against Ola, Uber were filed from across cities.
Market regulator Sebi to support stert-ups raise funds.
Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company
Among other things, taking note of complaints against several Chinese e-commerce players such as Shein, Ali Express etc for sending shipments as 'gifts' to customers in India and avoiding duties, the government has now mandated that all e-commerce sites and apps must have a registered business entity. This will be the importer on record and subject to customs rules, report Subhayan Chakraborty, Neha Alawadhi and Karan Choudhury.
These workers have been asked to undergo a 30-day performance improvement plan.
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.
Vikramank Singh looks back at the year gone by!
RupeePower aims to become the No 1 originator of financial products.
Currently the average expected time of arrival for Ola vehicles is five minutes.
Informally things are already functioning where the team reports to Jason Kothari.
Experts argue that the top two players in each category will receive funding sooner or later, but for laggards, the market is still challenging
Alipay payment service is about bringing the world's consumers and businesses together.
US-based ride hailing firm accuses rival of making false bookings on its platform, drags it to Delhi High Court.
The Chinese e-commerce giant has outlined its vision, but hasn't really explained the logic behind a recent spree of investments.
Uber started its business three years ago in India and is now operating in over 20 cities with thousands of cab drivers.
While the redeployment of talent from companies that have shut down into other start-ups is a great move, some say the gesture is gaining more visibility than the actual companies
Amazon signed up Motorola as an exclusive brand partner for its new devices, which in turn helped it grow
'We've seen tremendous traction from fruit and vegetables.' 'Around 18% of our business comes from these, almost three times higher than physical stores.'
No longer an in-house task; hiring legal eagles is now becoming norm for M&As, fundraising
In just three years the online real estate portal has managed to raise about Rs 270 crore.
Ratan Tata has invested his own money into 3 high-growth online retail firms, which are yet to make a profit.
Jaitley assured that both the banking system and the government will make the resources available to them.
India's $100 billion push into solar energy over the next decade will be driven by foreign players as uncompetitive local manufacturers fall by the wayside, no longer protected by government restrictions on the sector.
The Kunal Bahl-led firm wants to add 1,000 sellers every three months in its loan scheme.
A combination of bank guarantees, letters of credit, buyer's credit for computer servers have been provided to the two local operational arms by Kotak Mahindra Bank and Deutsche Bank.
The lowest bid earlier had come for Madhya Pradesh at Rs 5.05/unit.
Snapdeal delivers to the Dharavi centre, where buyers pick up their orders.
NRIs are increasingly buying properties in India online.
There are quite a few lesson that upcoming entrepreneurs must learn from housing.com controversy.
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.
Anupam Mittal, the fund man behind OlaCabs has lined up more investments.
'When the phone's battery is running out, it will make a charming statement like "I'm feeling a little low. Please recharge me".'
Indian IT giants are outstanding companies with great management teams, but they have been held hostage by their past success.
While a three-year tax holiday and relaxation of capital gains for funds have been received favourably, others argue that not enough has been announced.
Meru Cabs' founder says they were a traditional company.
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