The move to allow payments through digital wallets could give a fillip to distribution and reach for these investment vehicles, say experts.
Despite having the third-largest internet user base in the world, India does not feature in the top ten e-commerce markets
'If standing in a bank or ATM line is a test of patriotism, why is not a single leader standing in that queue too?'
Rediff readers share their Cash Crisis experiences.
Reliance ADAG, Tech Mahindra among top recruiters at IIM-A
Total exit value breached the $10 billion mark for the first time to touch $10.3 billion this calendar, from $9.4 billion in 2015
A glance back at some of the important ups and down Indian Inc faced in 2018.
India has the highest proportion of CODs at 60% of total orders, compared to 50% in China, 28% in Indonesia, and 24% in Brazil
Estimates by retail consultancy Technopak suggest that direct subsidy to consumers because of e-commerce this year would be over Rs 12,000 crore.
Policy constraints may prevent many of the global retail giants from reaching their full potential.There are too many restrictions right now in the sector and policy makers lack clarity.
Facebook will now directly compete with Slack, HipChat, Yammer and a few others in this space.
E-KYCs and Aadhaar authentication are of crucial importance to the fin-tech companies as the recent RBI instructions require strict KYCs for these players to function in the market.
Aadhaar architect becomes most visible face to oppose Facebook plan
Alibaba in talks to invest up to $700 million in Snapdeal
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.
After IPL exit, beverage maker signs up as first BCCI on-ground sponsor
Amazon has built the largest store in India with 22 million products.
Venture capital investments in India's start-ups nearly halved to $1.5 billion in fourth-quarter 2015
Among other things, taking note of complaints against several Chinese e-commerce players such as Shein, Ali Express etc for sending shipments as 'gifts' to customers in India and avoiding duties, the government has now mandated that all e-commerce sites and apps must have a registered business entity. This will be the importer on record and subject to customs rules, report Subhayan Chakraborty, Neha Alawadhi and Karan Choudhury.
Betting as a function of pure luck is banned in the country, but games of skill with monetary stakes are not.
Flipkart claims to have more than 90,000 sellers on its platform.
Idea is to bring millions of small and medium enterprises online by making it easy for them to list and sell.
They encouraged start-ups to pay for acquiring customers rather than focusing on the business fundamentals.
Relieved after the Delhi high court's direction to the South Delhi Municipal Corporation to issue a provisional occupancy certificate, required to stage the fourth Test between India and South Africa, Delhi and District Cricket Association vice-president Chetan Chauhan welcomed the appointment of Justice Mukul Mudgal to oversee the affairs of the match at Feroz Shah Kotla.
Slowing funding cycles for early-stage companies, freshers opting for more established firms, and many opting for places with better infrastructure are slowly taking away Koramangala's tag of 'India's Silicon Valley'.
A senior finance ministry source said making the use of debit cards and e-wallets compulsory across the board is legally untenable, but banks have been asked to insist their account holders use these instruments
Experts say the new guideline is likely to hurt foreign players more, especially card companies such as Visa, MasterCard and American Express who process and store credit card transaction data outside of India.
Uber India has readied itself for another $500 million (Rs 3,300 crore) investment in the next three months.
Forbes said Prime Minister Narendra Modi's "economic experiments" barely affected India's billionaires while none gained more than oil-and-gas tycoon Mukesh Ambani, who cemented his decade-long hold on the top slot by adding a staggering USD 15.3 billion (67 per cent) to his last year's wealth to become one of Asia's top five richest.
Their bootstrapped brand sold 25,000 units on Flipkart in five days during the 2017 festive sale.
Experts argue that the top two players in each category will receive funding sooner or later, but for laggards, the market is still challenging
Uber started its business three years ago in India and is now operating in over 20 cities with thousands of cab drivers.
Online marketplace majors, e-grocers, Internet of Things firms, app-based companies and transport service aggregators are among those that have had to shut shop or scale down operations. Now, survival skills like upskilling and retraining will determine who makes it.
They are asking TRAI to reject the plan in the interest of protecting the citizens' right to use Internet
Amazon signed up Motorola as an exclusive brand partner for its new devices, which in turn helped it grow
The programme has triggered a huge debate in India.
'Make every trip feel like an escape' says the Uber website. Ironically, it remains to be seen how the company can get away from this controversy.
A Europe-like cyber security defence alliance is the need of the hour, say banking technology experts.
Loses notional value by 37.5% because of markdowns by investors
Demand is expected to grow as most customers await a drop in prices.
