Bajaj Auto was the top laggard in the Sensex pack, tumbling around 6 per cent, followed by M&M, Reliance Industries (RIL), Tata Steel, Tech Mahindra, SBI, Axis Bank and ICICI Bank. NSE Nifty tumbled 162.60 points or 1.36 per cent to 11,767.75.
Quick commerce major Zepto has raised $340 million in a follow-on financing round at a valuation of $5 billion as it gears up for an initial public offering (IPO). This is Zepto's third big-ticket fundraise within a year. With this, the company has raised more than $1 billion in 12 months.
Amazon also upgraded its 7-inch and 8.9 inch Fire tablets.
In India, Amazon has taken an open cheque policy by sinking in over $2 bn to grow its business and tried to build local innovations to help it score over local players Flipkart and Snapdeal.
Amazon signed up Motorola as an exclusive brand partner for its new devices, which in turn helped it grow
The CCI has asked the companies to explain within 30 days why an investigation should not be ordered.
The size of the Indian financial services market could touch around $340 billion in the next few years.
'I don't know whether it was the Sabarimala issue that made them reject my film.'
Celebrate the weekend with Shah Rukh Khan and more on OTT.
The Madhya Pradesh high court has issued a notice to Bollywood actor Kareena Kapoor on a petition seeking the removal of the word 'Bible' from the title of her book, Kareena Kapoor Khan's Pregnancy Bible: The Ultimate Manual for Moms-To-Be, as it hurt sentiments of the Christian community.
At a time when Flipkart has entered the quick-commerce race with a service called "Minutes", executives at rival players said they are in a wait-and-watch mode. They said they would be concerned only once the e-commerce firm is able to succeed in this space. The Walmart-owned firm's quick-commerce service has gone live in some parts of Bengaluru, putting it in competition with firms such as Zepto, Swiggy's Instamart, and Zomato's Blinkit.
Monsters, sharks, psychopaths, jedis, hybrids, undercover cops, special agents, brace yourself for tons of action on OTT this week.
Alexa powered Echo Spot lets you play music, control smart home devices, set alarms and make video calls.
Bring on the popcorn, the OTT scene is buzzing with three things -- entertainment, entertainment, entertainment.
Amazon plans to bring in its cheapest e-book reader maybe by the next year
Pratham Barot, CEO and co-founder, Zell Education, explains how specialised courses in finance can help you earn a cushy six-figure salary.
As Amazon India, Flipkart are forced to shut down 60 categories and push out 45 mn products, a new lobby group comprising sellers is in the making to take up e-com concerns.
Reuters reported earlier this week that the Competition Commission of India (CCI) has sent a warning notice to the companies expressing concern that the merged entity will effectively have a monopoly on cricket broadcast rights worth billions of dollars, allowing it to squeeze advertisers.
Amazon.com Inc's new cellphone seeks to offer shoppers instant gratification by recognizing thousands of products, television shows and songs and allowing users to immediately buy them.
Goyal wondered why an e-commerce market place model, where a firm provides an IT platform for buyers and sellers, was incurring such huge losses adding that it needs to be looked into.
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.
Sukanya Verma gives you options from all the action promised on OTT this week.
Flipkart's hyper-value e-commerce platform Shopsy is intensifying efforts to tap over half of the 821 million internet users (about 442 million) in rural India. These efforts are being led by Prathyusha Agarwal, who recently joined as business head at Shopsy. The aim is to become the go-to destination for consumers seeking entry-level products across various categories.
Sukanya Verma lists everything you can watch.
It was a day with a difference for industry icons Salim-Javed, who transformed Hindi cinema in the 1970s with films like Zanjeer, Sholay, Deewar and Don, when their families got together to hail them on stage.
'Romance not in a physical manner maybe, but, you know, where you are just sharing dialogues and looking at each other and conversations are happening.'
Fantasy and road trips rule OTT this week. Sukanya Verma gives you options to take your pick from.
Global e-commerce company Amazon has said it sees "substantial uncertainties" in interpretation of Indian laws, which could impact its business in one of the world's fastest-growing multi-billion dollar online shopping market.
Flipkart and Snapdeal take a cue from Amazon even as they differ on who is ahead in the race
In October 2012, Flipkart entered the menswear segment; later it launched a womenswear range
Foxconn's business in India has grown to over $10 billion till 2024.
A group comprising top tech startups and unicorns has raised several "serious concerns" over a platform-based gig workers Bill proposed by the Karnataka government, saying it would hurt the ease of doing business. They told the state government the Bill in its current form would hamper operations and increase regulatory and compliance burden on the nascent gig and startup economy, according to sources.
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.
The online retailer offers largest assortment of products.
Bezos achieved the feat after a 1 per cent pop in the shares of Amazon.com, which accounts for a vast majority of Bezos' wealth.
Film folk stepped out to party about Amazon Prime Video announced 69 new Web series and films at a special event in Mumbai.
Enforcement Directorate is looking into whether Amazon India may have sold directly to customers
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