The Enforcement Directorate has sent a notice to Paytm-owner One97 Communications for alleged violation of certain FEMA rules by the company and its two subsidiaries- Little Internet and Nearbuy, with respect to certain investment transactions, according to an exchange filing. Paytm clarified that the alleged breach pertains to the period when the two companies were not its subsidiaries.
Groupon known for its daily discounts would be one of Google's largest acquisitions, dwarfing even Google's $3.1 billion acquisition of DoubleClick in 2007, the display advertising giant.
With online deals getting bigger everyday, Facebook is getting into the local deals business. And that move by itself as per analysts is enough to make Groupon, a website that is localised to major geographic markets worldwide look nervously over its shoulder and further strengthen Facebook.
The mystery deal involved a buyer paying Rs 199, without knowing what he/she was buying
Before opening its first outlet in the country on November 9, the US fast food chain, Burger King Corporation, had approached the HC seeking an assurance that companies it had sued for trademark infringement will not approach lower courts for stay orders against its launch.
'We go through 18 years of school and college, but we lack many necessary skills.' 'The biggest lessons we need, to live life, are somehow not taught, and they are only learned on the job.' 'My intention, through my content, my books, and my start-ups, is to make college kids become life ready.'
Lata Alimchandani is the first Indian woman over 60 to complete the World Marathon Majors. She's also among the world's elite marathon runners in her age group. But she won't stop running.
On January 20, the court allowed Vodafone's appeal and had quashed the Bombay High Court verdict which had upheld the decision to levy tax on the overseas deal.
A Planning Commission expert group on Tuesday recommended that all mergers and acquisitions (M&As) in the pharmaceutical industry should be cleared by competition watchdog, CCI to ensure that such deals do not result in monopolies and increase in drug prices.
UK-based Vodafone Group on Friday said its Indian unit Vodafone India reported a growth of nearly 9 per cent in revenue to 1.03 billion pounds during the first quarter ended June 30, 2011, driven by an increase in its customer base.
Chinese e-commerce giant Alibaba has received anti-trust regulator CCI's approval for buying 4.14 per cent stake in Snapdeal.
Vijay Mallya-promoted UB Group on Tuesday said it has received shareholders' approval for the deal and has put in place an escrow mechanism to complete the transaction.
India and South Africa have decided to set up a Joint Working Group on terrorism and will share intelligence to prevent terror attacks.
Norway on Thursday offered its expertise and cooperation to help India meet its energy needs even as its Prime Minister Jens Stoltenberg said
Taking the challenge from limited mobility services head-on, Bharti Group on Friday slashed cellular tariffs with outgoing calls costing maximum Rs 1.99 per minute and announced 20 per cent discount on international long distance calls.\n\n\n\n
Sahara Group Chairman Subroto Roy will go public on Friday to state that he is 'absolutely disease free' and to deny that there is any political pressure on his group.
Yuri Milner is focussing on on consumer-driven Internet start-ups.
A 20-minute chopper ride over Delhi, followed by lunch comes for Rs 5,000.
Delhi's bid for a quarter-final berth received a major boost after their regular captain Ishant Sharma was released by the Indian team management for the fifth round Ranji Trophy Group A game against Maharashtra, starting in New Delhi on Friday.
"If I am using data to build intelligence and personalisation for you, then it's meaningful," says Ankur Warikoo, co-founder and CEO, Nearbuy.
Would you believe if I were to tell you that YouTube was conceived as a video-dating platform?
India's internet subscriber base is 100-150 million, depending on whose estimates you take, and is growing at 20-30% a year.
Reliance ADAG, Tech Mahindra among top recruiters at IIM-A
His mother was the first female engineer at Ford. His brother is a CNN icon. 'Do we want politicians or problem-solvers?' Suneel Gupta asks Pottayil Rajendran.
Indian-American actor Vivek Shah, 26, of West Hollywood, California, was sentenced to 7 years and 3 months in federal prison for orchestrating a multimillion-dollar extortion scheme.
Experts argue that the top two players in each category will receive funding sooner or later, but for laggards, the market is still challenging
E-commerce model appears to be the best bet available to US retail giants at this point to tap the Indian market.
Retail giants are looking at Indian start-ups in the big data and analytics space
How much do you know Russian billionaire Yuri Milner, who has invested $ 100 million in a project to find extra-terrestrial life?
Brazil arrested 10 people on Thursday suspected of belonging to a poorly organised group supporting Islamic State (IS) and discussing terrorist acts during the next month's Olympic Games in Rio de Janeiro.
Also, after years of rumours and speculation, Apple unveiled its first wearable device, Apple Watch.
The number of people, the average age and the smartness of the people, willingness to work hard and the fundamental culture of working, will work in our favour, said Kal Raman, CEO of Solutionstar, in an interview to Shobha Warrier/Rediff.com.
With the festive season underway, retailers in the online and the offline world need to prepare well to offer the best deals to consumers and earn trust.
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