E-commerce companies typically stick to the gross merchandise value run rate to calculate sales.
Radio taxi service provider Meru Cabs is planning to put in place the next level of driver verification, one liked to biometric identification tool Aadhaar.
There are about 600,000 taxis in India, generating combined annual revenue of about Rs 11,000 crore (Rs 110 billion).
'If you allow Walmart to operate in India, our manufacturing will finish completely.' 'What will happen to Narendra D Modi's dream then? There will be no Make in India.'
Fewer e-commerce companies hired candidates from B-schools this year.
OlaCabs' hyper-growth and an ambitious plan to expand to 100 cities by the end of 2015 are perhaps what attracted Japan's richest man, Masayoshi Son, chairman of telecom and media group SoftBank Corp, to announce an investment of $210 million (around Rs 1,260 crore) in the company.
Foreign money has been pouring into India's fast-growing e-commerce sector, with investors ranging from Japan's Softbank Corp to Singapore's Temasek Holdings.
Tariff cap offers Ola relief in battle with Uber. Though it might hurt their earnings, Ola believes the Karnataka High Court's judgement levels the playing field with Uber.
Higher advertising spends to grab customer eyeballs take a toll on startups across segments
The market is abuzz with the talk of Snapdeal raising up to $600 million (Rs 3,600 crore) with new investors such as Japan's Softbank and Japanese e-commerce company Rakuten.
If the government seriously keeps out of business, the business world will know about it at a lightning speed; there would be no need for rock show-like events.
The acquisition of ZipDial however has proven that even a proven business model could be an attraction point.
With Uber & Ola fighting it out, the taxi aggregator space is set for massive growth.
The mobile wallet player plans to add more Chinese sellers to its e-commerce platform and boost technology for its soon-to-be-launched payments bank
Deal values have been falling steadily since May this year, when it touched a high of $851 million.
His challenge now may be coping with Alibaba's undoubted status as a whale in the world of e-commerce.
Select metal stocks rebounded while power stocks extended losses after SC verdict on coal block allocations.
The company received a fresh equity infusion in 2012-13.
For the four new players, the spike in wealth is 126 per cent.
Every competitor is eyeing the top slot that Flipkart holds.
Nivedita Mookerji finds out how Paytm CEO Vijay Shekhar Sharma is handling his soaring popularity after the note ban as well as the criticism that comes as a package deal.
Key events that rocked India Inc in 2014 and one of them is Vishal Sikka taking over reins at Infosys.
A number of smaller players are said to be gasping for breath.
A glance back at some of the important ups and down Indian Inc faced in 2018.
Snapdeal's new customer acquisition has doubled.
Shares of ING Vysya Bank and Kotak Mahindra Bank rallied by up to 6% on the BSE on reports that Kotak Mahindra Bank in final stages to buy the bank.
The Chinese billionaire and founder of Alibaba is said to be planning a significant investment in business to business e-tailing as well as payment services and logistics companies.
What we want from spectrum allocation is access to broadband networks at prices that will result in productivity gains.
Sunil Bharti Mittal, bottom, left, says he is fond of Bill Gates' famous quote: "Success is a lousy teacher." Back from a long foreign business trip, the founder-chairman of Bharti Enterprises talks to Malini Bhupta and Kiran Rathee about the challenges posed by Reliance Jio and how he is determined to come out on top once again. Mittal says , today, Airtel is as ready as Jio in pure-play 4G operations.
Amitabh Kant tells Rahul Jacob how India could be made an easier place to do business in and why India's software smarts will give it an edge.
Prime Minister Narendra Modi's three-day visit to Britain has seen India and the UK agreeing on Rs 90,000 crore deals.
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.
He was number three in 1999 when the company was founded.
The following is the full text of US President Donald Trump's first address to a joint session of the Congress on February 28, as prepared for delivery and released by the White House press office.
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