The Reserve Bank is likely to maintain status quo on interest rates in its forthcoming monetary policy review but may change the stance in view of retail inflation piercing its upper tolerance limit, global uncertainties created by the ongoing Russia-Ukraine war, and the urgency to protect and boost growth, feel experts. The RBI governor-headed rate setting panel -- Monetary Policy Committee (MPC) -- will be holding its first meeting of the 2022-23 fiscal from April 6 to 8. The outcome will be announced on April 8.
Smaller Singapore- and US-based venture capital funds, retail associations and trader bodies such as the CAIT and SJM are all planning to approach the government to put pressure on the commerce ministry.
Smriti Mundhra's documentary The Romantics has many, many, gems about one of Bollywood's most successful film-makers and more importantly, his iconic father, Yash Chopra.
Amazon has emerged a competition for posterboy of Indian e-commerce Flipkart.
These days, one frequently hears of consolidation, rollback and even closure from the start-up world.
India cannot ignore the neglect of climate finance by the developed nations, Modi asserted at G20 session
Help came from Sanjeev Bikchandani, founder and executive vice-chairman of Info Edge, the main investor in Zomato.
On International Tiger Day, India is still a long way from making sure that the future of our national animal is safe.
Twenty years of economic reforms later, the Indian elephant has morphed into a tiger, averaging 8.5 per cent growth in the last decade. . .
Major shareholder Kinnevik, a Swedish investment firm, devalued Quikr by 45%, referring to the exaggerated revenue resulting from fraudulent transactions that rocked the company. Quikr is now valued at about $577 million.
Flipkart, Jabong-Myntra and PhonePe will operate under this group structure and their CEOs will report to Binny
The start-up works with 2,000 owners and hosts 10,000 tenants across four cities - Bengaluru, the National Capital Region, Hyderabad and Pune.
According to sources, employees from marketing, ad-tech, category, digital marketing, engineering team, catalogues, have all been asked to leave.
Yuri Milner is focussing on on consumer-driven Internet start-ups.
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.
Move over 3D, 4D and 5D. Cinema is now eyeing the metaverse experience. On February 15, Bollywood producer Vashu Bhagnani's production company, Pooja Entertainment, forayed into the metaverse and bought its first piece of virtual land. The space, called Poojaverse, will be a virtual area where the company will create an immersive experience for moviegoers, starting with BadeMiyan ChoteMiyan, starring Akshay Kumar and Tiger Shroff. Promotional events for the film, slated for release on Christmas 2023, will be held in the metaverse, says the company. The metaverse might still be in its infancy, but producers like Deepshikha Deshmukh say, "The ecosystem will only grow from here. "Metaverse will soon be the go-to place for everything virtual related to films."
Baaghi 3 is a senseless beast of a movie that solely exists to rupture the screen in images of broken, blasting, blaring men or machines flying mid-air and slow motion, feels Sukanya Verma.
Venture capital investments in India's start-ups nearly halved to $1.5 billion in fourth-quarter 2015
Unlike last year, investors turn cautious on e-commerce sector.
In the start-up world, hitting the $1-billion mark, which accords the "Unicorn" tag, is a milestone. Enterprises typically reach the milestone only by series C or series D, or three to four funding rounds later. Zeta achieved it at the first one. On May 25, the six-year-old banking tech firm raised $250 million from Japanese conglomerate SoftBank, at a post-money valuation of $1.45 billion. "This is the first time we have raised institutional money," Zeta co-founder Bhavin Turakhia beamed on the conference call. This trajectory is uncommon in start-ups.
With scrutiny that comes with a public listing, Deepinder Goyal's leadership could face its sternest test yet.
If there is a morality tale here, it is that debt and death spare no king.
Where Binny slipped up badly was in gauging the level of transparency and governance that is expected by a global strategic investor, says Indrajit Gupta.
India's challenges: infrastructure, large fiscal deficit, low FDI
Priyanka Chopra Jonas is all set to star opposite British actor Richard Madden in Amazon Studios' upcoming thriller series Citadel.
The family office category was up 38 per cent, led by names such as Ratan Tata, Ronnie Screwvala and various Infosys co-founders.
A slew of Indian firms, including Flipkart, Byju's and Zomato, is building a path to profitability and diversifying into newer business segments ahead of mega-IPO plans.
'One good thing that has come out of all this is that it shown people that online ordering is the way forward.'
Snapdeal had appointed merchant bankers for listing on an American stock exchange
Currently the average expected time of arrival for Ola vehicles is five minutes.
India's real estate industry staged a rebound from 2020's downturn, with housing sales seen rising by over 50 per cent. The performance, though short of pre-COVID levels, has property developers hoping for stronger gains in the New Year and the beginning of a long upcycle. A strong foundation has been laid this year for revival in the Indian real estate sector, which is projected to reach $1 trillion mark by 2030 from $200 billion in the pre-pandemic year.
Comment by SoftBank board member sets off talk of Ola-Uber merger.
The bourse's valuations may get a boost, as it gets set for its OFS of about Rs 10,000 crore.
The Tiger Global-backed company says the layoffs would affect all teams.
Zopper, a price comparison site, with 2,000 online and 200,000 offline merchants on board, aims to increase user activity 100 times in 3 years.
Private labels remain big business for e-commerce marketplaces. They comprise almost 15 per cent of the total business of such firms.
Meru Cabs is in talks with Chinese e-commerce giant Alibaba.
The new deal will value Flipkart at close to $19 billion on the secondary market, a huge jump from Walmart's initial offer to investors.
Nikesh Arora has an engineering degree in electronics and worked for a brief period at Wipro, selling computers.
Tiger Ramesh, CEO of CSS Corp, talks about his life as a serial entrepreneur, how he progressed in his long career, his success mantras, dos and don'ts for start-ups, why he sold out of his wildlife resorts venture and why he chose to head CSS instead of joining one of the top three Indian IT behemoths at senior management level.
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