USISPF slammed government's move and alleged that the amendments announced were without any consultation and are akin to changing rules in the middle of the game.
The deal that promises to make Flipkart a leading force in fashion segment - estimated at Rs 3 lakh crore - came after hectic weekend parleys.
This was because his wife Anu was not able to join him in Seattle, due to the existing US law that said if a green card holder marries, his/her spouse's visa is rejected.
Flipkart's valuation of $15.2 bn arrived at during latest round of $700-mn fund raise.
Last year, traffic jumped 15 times on Snapdeal's 'Big Sale Day' on Oct 6, when it had clocked Rs 1 crore a minute of sales over 10 hours.
The strategy these online marketplace companies follow in the next few months will determine whether Amazon gets to be the leader in 2017.
As billions of dollars flow into India's booming online economy, some investors are beginning to fret that soaring valuations could hamper market listings.
Karan Johar's Kalank may have tanked at the box office but it was a winner at the 12th Mirchi Music Awards, where it won the top awards.
Finance Minister Nirmala Sitharaman on Tuesday unveiled a Rs 39.45 lakh crore Budget with a view to fire up the key engines of the economy to sustain a world-beating recovery from the pandemic. This was Sitharaman's fourth Budget. While the taxpayers were left in the lurch, once again, was she able to cheer Corporate India?
.jpg)
Traders were up in arms, fearing huge job loss if Walmart was to enter.
E-commerce companies typically stick to the gross merchandise value run rate to calculate sales.
It hopes to leverage the growing number of mobile transactions
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.
Chinese e-commerce giant planning to enter India this year, will take on global e-retailer
Every competitor is eyeing the top slot that Flipkart holds.
Check out the star arrivals.
The winners of the Filmfare Glamour and Style awards!
He will reportedly marry Delhi girl Mira Rajput on July 10.
Flipkart and Myntra, together, post higher sales than Amazon
Yes, if you follow certain safety measures, says Shruti Puri. Here are some rules you must follow.
India Inc was, perhaps, watching out for a repeat of the dot-com bubble burst of the early 2000s.
Vikramank Singh looks back at the year gone by!
Shahid Kapoor and Mira Rajput tied the nuptial knot at a farmhouse on the outskirts of Delhi on July 7.
Tech grads from BITS Pilani identify a problem and then use technology to solve it. The Visit story.
Arnab Dutta traces how Bira 91 is already among the top two in the premium segment in all the cities that it is present in today and how it is giving larger brands Kingfisher and Budweiser a run for their market share.
His presence matters more than the money he brings.
'Shape up or ship out' message has been loud and clear across the new-age companies in the stressed market conditions
'Ajay Devgn is perfect to slip into Idris Elba's shoes.' 'Taapsee can play any role under the sun.'
Business chambers now inviting start-ups for membership.
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.
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
The 26th edition of Lions Gold Awards was held on January 25.
Amazon has seen its India sales growing four times this year.
Estimates by retail consultancy Technopak suggest that direct subsidy to consumers because of e-commerce this year would be over Rs 12,000 crore.
From 690,800 sq ft in 2013, the absorption by e-commerce companies in Chennai dropped to 31,150 sq ft last year.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances