But mobile wallet companies say many consumers are not ready to give out their PAN
The low price tag makes it a great buy for those who are looking for a performance-centric phone.
Morgan Stanley writing down its investment in the e-commerce leader by 27 per cent does not augur well for the sector.
SoftBank's investments in the past two years include $627 million in online-retailing marketplace Snapdeal and leading a $210 million funding round in taxi-hailing app Ola Cabs.
Here's a list of the favourites of the billionaires.
'I have realised that to be happy, you don't need luxury in life.' 'Simple things in life make you happy.'
Unprecedented pay and perks like free healthcare for in-laws helping the likes of Flipkart, Snapdeal tap talent
IT sector has lots of hope from the Union Budget 2014-15.
Exercise. Check e-mails. Wake up to a cup of tea.
Bringing in people with large corporate experience also helps in bringing in world class processes in quality and compliance
India's tech start-ups are following Silicon Valley's lead and embracing the "fail fast" culture.
Indian entrepreneurs increasingly looking to sell their products in US
Sasha Mirchandani's tryst with investing began when his own venture failed to seek funding in early 2000s.
After raising $2.5 billion from SoftBank's Masayoshi Son and his Vision Fund, Sachin Bansal and Binny Bansal are back in the driving seat at Flipkart, the company they founded over a decade ago.
It will take years for faster Internet to reach this population and those who aren't even connected so far
Sreehari Nair presents his Top 20 movies of the decade.
With a new $100-billion technology fund, SoftBank is likely to go after market leaders.
Joydeep Ghosh takes stock of personal finances after the life-altering surprises of 2016.
While a three-year tax holiday and relaxation of capital gains for funds have been received favourably, others argue that not enough has been announced.
Banking is first about trust and integrity and then about technology and the rest.
A touchscreen in the new Amazon Kindle is a welcome upgrade.
If your goal is to earn quick bucks, start-ups are not for you!
An online platform suits many new angel investors who are professionals with tech companies or start-up founders.
To be competitive, you need to focus on building products very rapidly, says Werner Vogels.
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.
Manu Kumar Jain, India head, Xiaomi, tells Sangeeta Tanwar how the Chinese smartphone maker won over the Indian market.
'Saying that Snapdeal is not doing well is beyond premature. Suggesting that someone has won or lost is myopic.'
After all these years, Jaws still taps into the nightmares, says Raja Sen.
Non-resident individuals (NRIs) have also been allowed to apply for the niche banking licence, provided they plan to return to India.
It's very easy to become barren inside if you don't take care of yourself, says Shradha Sharma.
From the UK to Poland, each of these festivals attract the best of crowds. Have you booked your tickets yet?
From small retailers' experiences with e-wallets to digital transaction numbers post demonetisation, Geetanjali Krishna and Karan Choudhury find out where the truth lies.
From mass layoffs to acquisitions, here's how the Indian start-up industry kept us on our toes.
E-commerce is awash in money, raising concerns about whether this is just another unsustainable internet trend headed for a bust.
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