The news of markdowns in the value of Ola and Snapdeal comes at a time when both companies are in talks with investors to raise fresh funds to take on deep-pocketed competition.
Shot in 2014, these images from across the globe will tell that it is a crazy world out there!
Here's a collection of some of the best photos from around the world shot in the last 24 hours.
Bayern Munich, already crowned Bundesliga champions last week, lifted the league trophy in an empty stadium on Saturday after crushing hosts VfL Wolfsburg 4-0 on the final matchday. Bayern can win more silverware next week with the German Cup final against Bayer Leverkusen. They are also still in the Champions League.
French driver Jules Bianchi was taken to hospital after being seriously injured in a crash that brought a halt to a wet Japanese Formula One Grand Prix on Sunday.
The report ranks 42 major cities of the world across six key measures of economy, research and development, culture, accessibility, environment and livability
Revenue share from India has inched up to nearly 0.8 per cent of its global sales. The revenue growth rate is in stark contrast to the firm's performance in volume terms.
Recently, Apple did two things differently. First, it entered video streaming sector with cheaper options and second it has opened up its OTT service for non-Apple users too.
10 images that prove it's a odd, odd world.
Harpreet bagged his second successive bronze medal at the Asian Championship after defeating Junjie Na of China 3-2.
Japan have sent home four players from their Asian Games basketball team for spending the night with women in a Jakarta hotel, the head of the delegation Yasuhiro Yamashita said on Monday.
Be ready to be amazed as Rediff.com encapsulates all the sporting action from the past week in this super photo feature.
A summary of sports events and sports persons, who made news on Friday
Here are some of the best photos from around the world in the month gone by...
India, with m-cap of about $1.6 trillion, is ahead of Switzerland.
Rediff.com takes a look at the other famous housemates at the museum.
A round-up of the 2018 World Cup qualifiers played on Thursday
Japan marks the fourth anniversary of a quake-tsunami disaster that swept away thousands of people.
Bayern Munich edged past Werder Bremen 2-1 on Saturday for a Bundesliga record 13th consecutive win over them to stay three points clear at the top of the table.
Jules Bianchi, who went into a coma after suffering brain injuries in a horrific crash in Japan last October, recorded his first points for Marussia at the Monaco GP last season.
Sharath Kamal of India moved into the third round of the World Table Tennis Championship in Suzhou, China, on Wednesday.
Marussia's hopes of rising from the dead to race in next month's Formula One season-opener in Australia have suffered a setback after rivals rejected a proposal to let them compete with last year's car.
A round-up of Sunday's matches in La Liga, Serie A and Bundesliga.
China's hopes of qualifying for next year's World Cup finals hang by the thinnest of threads after an injury time goal from Ahmed Al Saleh saw Syria hold Marcello Lippi's team to a 2-2 draw on Tuesday evening.
SoftBank's investments in the past two years include $627 million in online-retailing marketplace Snapdeal and leading a $210 million funding round in taxi-hailing app Ola Cabs.
FIIs accumulated India's top-listed companies at an average valuation of around 16 times.
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Apple and Google adopted strong default encryption in late 2014.
Employers are less supportive of their employees taking holidays, says a survey.
There has been many cherished moments in her eventful tennis journey during the last decade but the enormity of becoming World No 1 is such that Sania Mirza has been left with a "surreal feeling" even though she had always dreamt of achieving this feat.
Atletico Madrid delayed Barcelona's La Liga title celebrations by beating Valencia 3-2 at home in an entertaining game on Wednesday at a sparsely attended Wanda Metropolitano stadium.
Sensational media reports of widespread blood doping in world athletics has also pointed the finger of suspicion at Indian athletes, though experts in the country are not very clear about how it could have happened.
Denmark topped the list of the 144 nations.
'India can be the next growth leader for us.'
It doesn't appear to be happening yet, even though India's stock market has been Asia's best performer this year.
Jules Bianchi's accident in Sunday's Japanese Grand Prix has prompted questions over whether the Formula One race should have been started earlier to beat deteriorating weather conditions.
Asian and Middle Eastern airlines -- but no Indian names -- dominated the Top 10 slots at the World Airline Awards.
News of all that's transpired on and off the football field
It's not just South Africa's Cape Town which is going dry. Here are 10 other cities that are most likely to run out of drinking water.
India has moved up 16 positions to rank 55th on a global index of the world's most competitive economies, where Switzerland remains on top.
Mumbai is one of the most liveable cities in the world.
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