In the Silicon Valley of India, one can use the cryptocurrency to pay for food, buy bus tickets, order stuff online, and even get a haircut.
Higher advertising spends to grab customer eyeballs take a toll on startups across segments
Stressed asset funds could offer higher returns than traditional fixed-income funds, but holding period will be longer due to the risky underlying assets
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The IL&FS group has a complicated structure, with the holding company owning stakes in its financial services arm as well as the subsidiaries that operate its infrastructure assets.
The Forbes 30 Under 30 list is harder to get into than Stanford or Harvard University. Meet the desis who made the cut this year.
Ironically, amid these struggles, interest in these taxi services has grown, as concerns over women's safety have escalated.
'Expectations were being built up about radical moves and the action plan did not disappoint.'
There is churning at the top in IDBI Bank's two group entities.
Five Star Business Finance is in the business of providing loans to MSME entrepreneurs. Gireesh Babu finds out more about the company that plans to grow to 3,000 crore by 2020.
FB deal puts RIL on course to be debt-free next year; Reliance Retail biggest gainer from WhatsApp, JioMart arrangement.
French sources say Hollande was motivated to speak out after an Indian media report revealed that the Reliance Group had part-funded a film venture by his domestic partner, French actress Julie Gayet.
Digital gold is gold purchased online from various platforms including Paytm or Google Pay and stored in your online account.
Despite a temporary relief, foreign investors still see the sword of double-taxation hanging above their hard earned returns.
Jio's100-million subscribers target appears an uphill task in the next one month, believe analysts. Also, the existing subscribers are already witnessing slowdown in data speed thanks to the high traffic.
Mid-caps in cyclical sectors such as cement, financials and capital goods estimated to earn much more
Vishal Kampani has big shoes to fill as his father is close to the Ambanis, the Wadias and the Ruias, says Dev Chatterjee.
With an epic battle of billionaires for supremacy in one of the world's most prolific markets and a pandemic-propelled surge in online shopping in the background, India's nearly trillion-dollar retail market is hoping to touch 85 per cent of the pre-COVID business in the first half of the New Year. In a year when the COVID-19 carnage ripped apart the retail business, circa 2020 will best go down for the unravelling of the war between Jeff Bezos, the world's wealthiest man, and richest Indian Mukesh Ambani for pre-eminence in the booming market that is estimated to reach $1.3 trillion by 2025. It all started with Ambani's Reliance Industries agreeing in August to buy assets of the nation's second-largest retailer for Rs 24,713 crore, just a year after Bezos' Amazon purchased an indirect stake in the indebted Future Retail.
'We have already sanctioned loans worth over Rs 3,000 crore to around 120,000 customers.'
It also expects to get its REIT listed on the Singapore stock exchange next year.
The typical modus-operandi of such entities involves setting up of a company, followed by tall claims about their proposed business ventures.
You have a great product. But is that enough?
Ajit Balakrishnan offers a thinking man's guide to e-commerce controversies.
Power2SME, a one-stop shop for sourcing and buying raw materials for SMEs, is the only B2B firm in this space.
Combating threat of terrorism and radicalisation are expected to figure high on the agenda of the talks between Modi and the leadership of Saudi Arabia, a country known as spiritual home of Islam which recently has formed a major coalition of 34 Muslim nations to fight terror, particularly the Islamic State.
Banking and telecom will see the highest impact of this transition.
The 30-share Sensex and the 50-share Nifty ended flat at the mark of 29,008 and 8,767 respectively.
Draft prospectus to be filed next week; second trust, with Panchshil, in a few months
Tariff cap offers Ola relief in battle with Uber. Though it might hurt their earnings, Ola believes the Karnataka High Court's judgement levels the playing field with Uber.
A loyalty programme, same-day delivery and repeatability are driving EkStop's business but scaling up and addressing competition are vital.
Since last month, the realty (down 23%), auto (down 16%) and finance (down 14%) indices have underperformed the market by falling over 13%, as against 8% decline in the benchmark indices
The month also saw Adani Power acquiring the 600-Mw Korba West thermal power plant from the Gautam Thapar-led Avantha group for Rs 4,200 crore (Rs 42 billion).
Insurance firms want more clarity before increasing foreign partner's stake.
Vijay Mallya, who faces prosecution in India, is reportedly in London.
Experts say it's not only important to get due-diligence done by an independent firm but it needs to be cross-checked, too.
The new Insurance Bill may take little time to see light of teh day.
Financial advisors say, not to get carried away by stocks that promise high returns in short time.
'The promises of netas and babus and new laws, however well-meaning, mean little.' 'What matters is implementation on the ground.' 'Every law is finally implemented by a vast army of offici
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
From zeroing in on the best means for stake dilution to moving beyond microfinance, Bandhan navigates a tough path. Namrata Acharya reports.
