His investment in Paytm is in his personal capacity.
Amazon's huge investment of $80 million a month didn't win it favour over customers during the festive season, with rival Flipkart selling more goods, reports Alnoor Peermohamed from Bengaluru.
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.
Paytm e-commerce plans to add close to a billion products from across the globe to its platform before the festive season this year.
At that time, co-founders Sachin Bansal and Binny Bansal had made a public announcement at a Bengaluru hotel, about a $1-billion fund raising, largest so far in the Indian e-commerce sector. A day later, Amazon issued a statement that it was investing $2 billion in India.
The cities where services have resumed include Bengaluru, Mysore, Pune, Ludhiana, Noida, Gurugram, Raipur, Lucknow, Hyderabad, Kolkata, Ahmedabad and Mumbai. Industry experts believe it would be at least 4-5 days before the backlog of orders can be cleared.
Ma and the other co-founders had finalised the name "Alibaba" after much research on its acceptability.
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New York Stock Exchange President 38-year-old Tom Farley (ranked 7) and Twitter co-founder and CEO 37-year-old Jack Dorsey.
Amazon's Indian unit said earlier it will open five new warehouses in the country, which will almost double its storage capacity to half a million square feet.
Khosla said 85 per cent of Indian e-commerce firms were over-valued.
The development comes amid a growing clamour for the boycott of Chinese products in India, combined with the government's push for Aatmanirbhar Bharat.
They have struck gold by partnering online retailers.
In October 2012, Flipkart entered the menswear segment; later it launched a womenswear range
Online retail is increasing market share rapidly.
Flipkart faces intense competition from larger global rival Amazon and local rival Snapdeal.
Globally, the viability of on-demand businesses is being questioned
Vijay Shekhar Sharma, head of Paytm, says they'd achieve their 500-million user target by 2018, two years before the earlier aim.
Nandan Nilekani, Gokul Rajaram at top two spots in value terms
To take on Amazon, Paytm e-commerce plans to add close to a billion products from all across the globe to its shopping cart.
Alipay payment service is about bringing the world's consumers and businesses together.
Ratan Tata has made investments in his personal capacity in more than 15 start-ups over the last 20 months.
USISPF slammed government's move and alleged that the amendments announced were without any consultation and are akin to changing rules in the middle of the game.
Earlier this month, retail associations across the country held a meeting with the hardware manufacturers industry body -- MAIT -- to raise the issue of undercutting prices.
Is it a last ditch attempt to reassure consumers, or a way to gain the upper hand at the negotiating table, or is it just a way of exhausting the treasure chest before the lights go out
Tax collection at source would lock in Rs 400 crore of seller money, say Flipkart, Amazon, Snapdeal.
The company has tied up with five distributors this year.
Flipkart also faced criticism earlier this year after it deferred the joining dates for campus recruits from the Indian Institutes of Management and Indian Institutes of Technology
While most others have not been able to replicate the WeChat model successfully, experts expect Jio to be able to score on its 300 million plus new mobile phone users.
Prominent recruiters were Flipkart, Urban Ladder, AskmeBazaar etc
With Nikesh Arora's exit from Softbank, India's start-ups have lost one of its biggest supporters.
Higher advertising spends to grab customer eyeballs take a toll on startups across segments
Formula One world championLewis Hamilton has beencleared by New Zealand police after he was investigated over his apparent video selfie while driving a motorbike in Auckland. The British driver, who is touring New Zealand before this weekend's Australian Grand Prix, posted a video to his Snapdeal handle, in which he is seen driving a Harley Davidson on the motorway. It has been illegal to use a mobile while driving in New Zealand since 2009. His constant posts on social media caught the attention of local police. However, they have decided not to take any further action on Hamilton citing a lack of sufficient evidence, Stuff.co.nz reported.
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.
Employers are laying the welcome mat for Gen Y -- from hiring videos to claims for the coolest interview ever.
The spurt in online sales during the festival season is expected.
Flipkart eyes another $500 mn from eBay, which seeks to merge India ops with it and exit business
Amazon's fulfilment centres, which store products of hundreds of vendors selling on the American online major's platform, are being cited by Karnataka state government authorities as a primary concern in an ongoing tax dispute.
Vikramank Singh looks back at the year gone by!
Bringing in people with large corporate experience also helps in bringing in world class processes in quality and compliance
'For how long can investors fund loss-making companies?'
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