'We are against Alibaba investing in Paytm.' 'We are against the concessions given to Paytm.' 'In fact, we want Paytm to close down because of its alliance with Alibaba.'
A senior official of India Post at Kolkata General Post Office told PTI that since e-commerce is a sunrise industry, it is trying to earn higher revenue in the region by involving local traders and business houses.
Morgan Stanley writing down its investment in the e-commerce leader by 27 per cent does not augur well for the sector.
The industry is looking at a promising 2016, though experts and even the investors anticipate correction on the valuation side
What if you could have an option apart from personal loan in times of crisis?
Crowds expected from Gujarat and other states
It should cover mandatory expenses, insurance premiums and loan installments for six months to a year.
Despite the headwinds both on the domestic and global fronts, Ramesh S Damani, member, BSE and a prominent investor, says India will weather a global trade war better than a lot of other Asian countries.
Indrani called her personal assistant Kajal Sharma from the UK, May 3, 2012, and told her she had to sign Sheena's resignation letter as if she was Sheena signing it. But she had to first practice the signature and send Indrani proof of her proficiency in signing Sheena's name before sending the letter off. Sharma said she was reluctant and told the court that she told Indrani as much, but Indrani demanded it of her.
James Wilson explains why Indians are destined to silently suffer the cash shortage for half a dozen more months.
For India to monetise gold, it is not the institutional depositor that policymakers must target but the average retail depositor.
'Chidambaram, lots of people argue not without justification, is all about bluff and bluster without any concrete achievement on the ground. His record in the finance ministry fully endorses that view,' argues Virendra Kapoor.
'Tilting at the Government in English in front of India may make him feel like Joan of Arc, but without a feel for Bharat he will merely be Don Quixote,' says S Muraleedharan, former managing director, BNP Paribas.
Some would argue that it bullet trains are too expensive for the cash-starved Indian Railways, and its cost far outweighs the benefits.
BSE Sensex ended at 25,549.72 up by 321 points or 1.27% and the Nifty ended 7624.40 up by 97.75 points or 1.30%.
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 enduring images of the Games will be not just the great sporting achievements - from US swimmer Michael Phelps' 28th Olympic medal to Usain Bolt's historic sprint 'triple triple' - but also the organizational problems, empty seats and crime.
Ten trade unions with a combined membership of 15 crore workers in public and private sector, including banks and insurance companies, are on a nationwide strike to protest against changes in the labour laws.
With prices unlikely to run up sharply, genuine buyers can start readying deals before the festival season starts.
Its not so tough to improve insurance coverage at nominal cost.
While e-commerce operations for these firms are small at the moment, it is slated to grow in the next 3 to 4 years.
'Who is the right Mekhail? Mekhail I or Mekhail II?'
Engineering conglomerate fended off three corporate raids but emerged stronger.
Paris is a place brimming with history, irony and a bit of discontent.
Since 2004 the Congress has hung onto power in a situation in which it was on track to be out of power. In each case, it effectively gamed the system through Constitutional coups, argues columnist Rajeev Srinivasan.
When the high court delivered the stringent norms, which in no way eliminated the fun of the proceedings but made it safer, by requiring proper safety measures, there was an undercurrent of defiance. Sensing the adverse implications of loss of a mass contact platform, the government persuaded itself to seek a review, says Mahesh Vijapurkar.
LocalOye is a Bengaluru-based marketplace for local household and personal service providers.
'The Chennai floods in particular clearly show there is a nexus between corruption, disaster, destruction and death.' 'Urban development in India is the source of all corruption.'
Online shopping is becoming an obsession, a distraction and a cause of distress for a rising number of Indians. Are you a Compulsive Online Purchaser?
Who will make the most of the disruptions of 2016 this year? Mihir Sharma's list of probables.
From mass layoffs to acquisitions, here's how the Indian start-up industry kept us on our toes.
Sena president Uddhav Thackeray on Thursday attacked the coalition partner on issues like Pakistan, beef, Ram temple and inflation but ruled out walking out of the Maharashtra government any time soon.
Incidents of arson, firing and vandalism were reported from Madhya Pradesh, Rajasthan, Uttar Pradesh, Bihar and Punjab as protesters agitated against the dilution of the SC/ST Act.
Though e-commerce opens a new world for the handicraft industry, empowering craftspersons still remains a real challenge.
The market could see a fresh round of tariff war, similar to what happened in the voice market a few years ago.
The public-private partnership model is a compulsion, says the minister.
Narendra Rawat, an 'arrest-happy' Congress leader, is expected to launch a fair amount of political tamasha against his rival, Narendra Modi, in Vadodara.
The AAP has adopted policies in an ad hoc manner, without thinking them through or deriving them from a broader framework. This must change if the AAP is to become a credible alternative, says Praful Bidwai.
The industry status will help the sector access bank lending at average interest rates