Google Inc opened its first two data centres in Asia on Wednesday to cater to the world's fastest growing consumer technology markets, but the company has no plans to open one in China or India.
The international investors who are investing, merging and shaping India's new ecommerce start-ups are betting that if China can produce an Alibaba with an expected market value of $ 170+ billion market value when it does its IPO, India should produce at least one or two with a $5bn+ market value, says Ajit Balakrishnan.
With aggressive brand-building initiatives, the companies' advertising budgets ahead of Diwali is understood to have seen a 15% spike
Experts argue that the top two players in each category will receive funding sooner or later, but for laggards, the market is still challenging
India's tech start-ups are following Silicon Valley's lead and embracing the "fail fast" culture.
Entirely new businesses have been built using data to disrupt traditional companies.
It is hard enough to make a profit in e-commerce without having to deal with excessive paperwork, legal fees and the constant threat of harassment by revenue officials.
As billions of dollars flow into India's booming online economy, some investors are beginning to fret that soaring valuations could hamper market listings.
Snapdeal's rival Flipkart had last announced its GMV in March this year -- $1 billion. Many rounds of funding later, sources estimate Flipkart's GMV at about $3 billion, a figure Snapdeal is trying to catch up with.
Nets three more foreign brands for exclusive retailing, but the cost of the business model may be high, say experts.
India Inc has few leaders who are likely to grab headlines in 2015.
Ebay will cut around 2,400 jobs this quarter in a bid to improve business efficiencies.
Malls, retail stores are being hit by online sales and are struggling this festive season.
Quikr founder & CEO Pranay Chulet tells Raghu Krishnan and Bibhu Ranjan Mishra why money has never been an issue for Quikr and that someday he will make a romantic comedy.
Apple relies heavily on the sale of its flagship iPhones
Industries with the highest number of top-rated companies at risk were hospitality/travel, media and entertainment, retail, financial services and consumer goods/manufacturing
Twitter users were generally impressed with Apple TV, with some people joking that they would have to buy a TV to use the Siri remote and app store.
Start-ups that did not have a business model and, hence, could not grow or attract new funding, are shutting shop.
Ellison and the two new co-CEOs each stressed that nothing would change under the new management structure, with Ellison staying on as executive chairman and chief technology officer.
It entered India in 2006, with the aim of tapping the promising consumer market.
A summary of sports events and persons who made news on Thursday
Discount chain to expand to the east and west, continue with third-party brands.
Such service providers were given time until the end of October to follow the law of the land.
A number of Xooglers are employing lessons and practices learnt during their stint at Google to branch out into innovative ventures.
What explains Vijay Shekhar Sharma's optimism when other players have started to tread cautiously is Paytm's huge customer base: It has 120 million users and counting, says Nivedita Mookerji.
Commercial flights may also help Boeing's bottom line on a rare, fixed-price, government-backed development program.
India is witnessing its own tech tsunami, and is poised to become the second largest global startup hub by the end of the decade
Stay ahead of the game; learn the tricks from Ecom king Jack Ma.
At least two of the eight first-round groups of four produced tough obstacles for their participants to progress to the knockout rounds.
A glance back at some of the important ups and down Indian Inc faced in 2018.
Yoga, wellness, meditation, Ayurveda, software and ... toothpaste - Sri Sri Ravi Shankar has successfully merged business with spirituality
Few top honchos of India Inc did very well in 2014.
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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