Snapdeal to spend $1 billion on 5-6 acquisitions this year.
Snapdeal delivers to the Dharavi centre, where buyers pick up their orders.
From PhonePe to Jio, everyone wants to be a Super App but it is still unclear if they will actually work in India.
India's shift towards US companies for technology investments and partnerships fits well with the present government's 'Atmanirbhar Bharat' and 'Make in India' initiatives, say experts.
What is worrying is that this year, angel investments and seed funding deals have fallen by 40 per cent, ringing alarm bells in the start-up community in India.
Prime Minister Narendra Modi had announced the policy last month.
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Dismisses speculation that he would launch a major e-commerce initiative soon.
The apex court also restrained e-commerce websites like Flipkart and Amazon from selling firecrackers which are beyond the permissible limit.
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Close to 25 per cent of smartphone-users in country prefer to shop online than use shopping apps, a study by research firm Nielsen said.
Reliance Retail will acquire the retail, wholesale, logistics and warehousing businesses of the Future Group. Future Group's financial and insurance businesses are not part of the deal.
India's total online shopper base at 30 per cent of its internet population is low when compared with 78 per cent in China and 70-plus per cent in the US.
Jack Ma who had five years ago said he was inspired and excited by "Make in India" possibly understood the essence of the signature campaign better than some others and decided to stay away from India other than as an investor, says Nivedita Mookerji.
The ban in India would hit Chinese internet companies that were making headway in the world's fastest-growing mobile market.
The new jobs - created both directly and indirectly - will be across industries, including IT, skill development, content creation, retail, logistics, and manufacturing.
From new and competitively-priced iPhones to slashing prices of its older models, it had a multi-pronged strategy.
Apple's online launch is a symbol of success for FDI in single-brand retail, though there's no indication of how much the Silicon Valley major would invest in the country.
Flipkart has long been under the ED scanner for alleged violation of FDI rules.
The company is likely to choose one of its existing auditing partners -- PricewaterhouseCoopers, EY (formerly Ernst & Young) and KPMG -- as an advisor for the listing process.
Snapdeal chief executive officer Kunal Bahl said Piramal's investment was a significant endorsement for the firm and the transformation the company has undergone over the last couple of years.
Paytm has been preparing for the sale for the past three months.
The UN Conference on Trade and Development (UNCTAD) said in a report on Monday that a lower but positive economic growth in India in the post-Covid-19 pandemic period and India's large market will continue to attract market-seeking investments to the country. The World Investment Report 2020 by UNCTAD said that India was the 9th largest recipient of FDI in 2019, with 51 billion dollars of inflows during the year, an increase from the 42 billion dollars of FDI received in 2018, when India ranked 12 among the top 20 host economies in the world.
Across the country, companies have stepped up their act to contain the crisis. IT and other new economy firms seem to have taken a lead.
A glance back at some of the important ups and down Indian Inc faced in 2018.
Top 100 billionaires see their wealth rise 10%; top 20 account for half of total wealth of top 100.
For last two months, much of the discussion, a large part of due diligence, agreement negotiations, etc, have happened remotely.
"We are delighted to welcome Google as a strategic investor in Jio Platforms. We have signed a binding partnership and an investment agreement under which Google will invest Rs 33,737 crores for a 7.7 per cent stake in Jio Platforms," Mukesh Ambani said at the company's annual general meeting.
Tech start-ups will continue to take the lead in bolstering the regional economy, says Murali Talasila.
Its overall picture quality is nowhere close to what Samsung, Sony or even Lloyd 4K TVs offer, says Veer Arjun Singh.
Amazon Fashion flaunts its triple digit month-on-month growth, races ahead of competitors Flipkart, Jabong and Myntra.
The company declined to comment on the banks or NBFCs that would be providing the loans.
The highest domestic package, however, fell 10 per cent
Some other sites that allow repayment over longer tenures also waive off interest cost but that might be built into the product price.
Vogo, which has a fleet of over 12,000 vehicles mainly across Hyderabad, Mysuru and Bengaluru, is also betting big on India's growing traffic congestion.
Chinese tech giant Lenovo unveiled its new 'layered' smartphone - Vibe X2 - priced at Rs 19,999 in India.
Indian retail market would have a size of $1 trillion by 2020, said India director for e-commerce and local classified, Nitin Bawankule, on Thursday.
The delivery channel of India Post is being utilised primarily for small towns and cities.
US retail major is in talks with Flipkart, Snapdeal, ShopClues and Grofers for partnership.
The agreement means consumers will enjoy more choices and varied price points.
The strategy of selling the phone will remain the same.
'Almost 75 per cent of our total sales come from the top 50 cities in India.'
