Some of the fintechs that will get impacted include Cred, Paytm, Phonepe and Amazon Pay, among others.
The Supreme Court Tuesday set aside three Delhi high court orders including the refusal to grant a stay on the final arbitral award which had restrained Future Retail Ltd from going ahead with its Rs 24,731 crore merger deal with Reliance Retail and ordered fresh adjudication. In a major relief to Future group, a bench headed by Chief Justice N V Ramana also set aside the high court's order of February 2 last year, by which it had directed Future Retail Ltd (FRL) to maintain status quo in relation to the merger deal. The March 18 order of the high court, upholding the EA's award and imposing a cost of Rs 20 lakh on it as well as its directors, has also been set aside.
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.
With an existing consumer base of 400 million across airports, electricity and gas distribution businesses, the Adani group is revving up its retail play. It is planning to use the 2.4 billion consumer interactions a year with group companies to push various products and services. The group has already launched the 'Adani One' super app that will eventually sell products across the spectrum, top executives said.
'Credit card debt comes with high interest cost and stringent penalties.' 'If you do not repay on time, the costs balloon.'
Flipkart-backed fintech firm super.money is aiming to be among the top five players on the Unified Payments Interface (UPI) leaderboard by the end of this year, a senior company executive has said. The company, which rolled out its beta version in June this year, has processed about 10 million transactions till date. "We have a target of 100 million transactions for the end of the year.
Holidays turn into horror, Bhansali brand of razzmatazz and tons more on OTT this week.
Much of the discussion is happening at a "family level, not a corporate level". That means it is an Ambani or a Goenka in direct talks with Johar.
'In the current world of action cinema, where everything is high-tech and glossy, what if we go back in time and take out all the gadgets?'
Karnataka tax dept may attach assets of dealers; new retailers not being registered
As part of this strategy, the e-commerce major has launched a programme to manage the entire business-to-business inventory supply and management for kirana stores in three cities in Karnataka.
Jaya Bachchan and her children Shweta Bachchan Nanda and Abhishek Bachchan prayed at the Kashi Vishwanath temple in Varanasi on Thursday, July 11, 2024.
With the rains pouring down on us, August offers yet another reason to stay home!
As quick commerce gains ground, emerging direct-to-consumer (D2C) brands are betting big on digital channels to drive growth. According to Aman Gupta, co-founder of wearables brand BoAt, new-age brands in India have been expanding at a much faster pace than expected, driven by digital channels like quick-commerce. "Investors doubted the potential of D2C brands when we started, but today there are multiple brands in the startup market that are growing on the shoulders of these digital channels," Gupta said while addressing a session at Razorpay's D2C and Retail Summit recently.
IMAGES from the English Premier League matches played on Wednesday.
Its growth has been driven by discounts rather than enticing new customers to its platform
If Walmart is spinning success stories of Indian manufacturers in global markets, Amazon is taking 'Make in India' to the world, bolstered by its 'Global Selling Programme'
All in all, season 2 seems a tad better than season 1 in most departments, observes Namrata Thakker.
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.
As home and kitchen is one of the most sought after categories during Diwali, the launch comes at a time when customers can enjoy shopping for appliances with ease and convenience, the company said.
Lucknow Super Giants signed former South African all-rounder Lance Klusener as their assistant coach for IPL 2024.
'I would think a hundred times before I wrote a gay character or a mentally challenged character because it requires a lot of research and empathy. That's the reason I shy away entirely from stories that have rape. I just can't. It's just terrifying for me, as a woman, to handle subjects like that because it's so sensitive.'
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.
Amazon's fulfilment centres, which store products of hundreds of vendors selling on the American online major's platform, are being cited by Karnataka state government authorities as a primary concern in an ongoing tax dispute.
In order to determine whether this would be sound strategy for them, one needs to look at two issues: One, on the alliances being built globally between telcos, on one hand, and cloud service firms, on the other, especially with the advent of 5G; and two, how their business strategies in India will blend into with such a deal.
There's a spate of book-to-screen adaptations dominating OTT streaming this week. Sukanya Verma lists her recommendations.
Sukanya Verma lists her this week's OTT recommendations.
Jeff Bezos, chief executive officer of Amazon, has committed to invest $5.5 billion into India and that figure is approaching quickly.
Aseem Chhabra rates the movies he's watched in 2023, and tells you where you can watch them!
At present, other large players in the grocery and food retail space include Flipkart Supermart, Bigbasket, and Grofers.
Science fiction buffs buckle up, catch all the space-themed action on OTT this week.
From Vijay Devarakonda to Kung Fu Panda, Sukanya Verma lists everything you can watch on OTT this week.
The party never stops for Bollywood's lovely couple, Tamannaah Bhatia and Vijay Varma.
From a conqueror's epic journey to a school kid's nocturnal adventures, fasten your seatbelts as OTT takes you to multiple destinations this week.
From fantasy to football, OTT is beaming with all kinds of goodies this week.
Did Jeff Bezos decide against endorsing Harris because it would hurt his business interests? Only God and Bezos know, and neither of them are talking, notes Prem Panicker.
This was only four days after many aggrieved buyers chose social networking sites to attack Flipkart's 'Big Billion Day' discount this Monday (October 6), followed by an apology from the company's co-founders, Sachin and Binny Bansal.
Not displaying the mandatory information, including country of origin, on products sold on their platforms in India, draws government's attention.
While JioMart is doing 250,000 orders per day, BigBasket and Amazon pantry are doing 220,000 and 150,000 orders, respectively.
It has a feature which instantly brings up a video chat with a tech-support representative who can tell a user how to operate the device.
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