The company has tied up with five distributors this year.
These workers have been asked to undergo a 30-day performance improvement plan.
'Google and Facebook need to be tamed, their garb of 'Investing in India's future' need to be pulled off,' observes Vibhu Arya.
Ecommerce firms will have it tough as govt turns down FDI proposal.
However, in recent times, the clout that trader bodies such as CAIT and other organisations like Swadeshi Jagran Manch and Laghu Udyog Bharati has is steadily increasing. Earlier this year, trader bodies were able to convince the government not to extend the deadline for implementation of the new norms in FDI policy on e-commerce.
Venture capital investments in India's start-ups nearly halved to $1.5 billion in fourth-quarter 2015
If the Delhi HC order stays effective, Xiaomi would lose the fastest growing smartphone market.
Indian online retailers have been raising funds to expand and compete with bigger rival Amazon.com Inc as more Indians shop on the Internet.
Xiaomi, which sells its phones exclusively through e-commerce website Flipkart.com in India, is looking to find a foothold in a market that has at least 80 different phone companies fighting it out for market share.
On Aug 28-31, an average of 1.5 mn e-filed tax returns a day, against IRCTC's daily average bookings of 600,000 & Flipkart's 100,000.
Sequoia Capital might emerge as leading global investor in start-up space in the country, as funds from other sources dry up.
Among key guidelines, the e-commerce companies will also be required to ensure that personally identifiable information of customers are protected.
A section of Internet users mistook Snapchat to be Snapdeal and uninstalled the e-commerce app of the latter.
IT, e-commerce firms to raise the bar in recruitment, packages.
Motorola has launched two new versions of its best selling phones, Moto G and Moto X.
Myntra expects to reach $100-million annual revenue.
'Saying that Snapdeal is not doing well is beyond premature. Suggesting that someone has won or lost is myopic.'
The Bill says that the central government, in consultation with the Data Protection Authority, can direct any data fiduciary or data processor to provide non-personal data to enable better targeting of delivery of services. The government can also ask data processors to provide data for formulation of evidence-based policies for its own use.
Are we creeping back to controls on corporate decision making? Three moves over the past eight months reinforce this notion, says Kanika Datta.
'Shape up or ship out' message has been loud and clear across the new-age companies in the stressed market conditions
The Samsung Galaxy Tab 7.7 DT-P6800, also known as the Galaxy Tab 680, has been launched in India, with the device listed on Flipkart at Rs. 33,571. The device runs on Android 3.2 Honeycomb, but will get an Android 4.0 ICS upgrade soon.
The Ludhiana-born engineer is among the youngest entrepreneurs on TIME's 100 most influential people.
'Without bold action to deal with our banking crisis, count on the economy's doldrums to continue for much longer than most of us anticipate,' says Rahul Jacob.
Ericsson claimed Xiaomi has violated HC order.
Today, India is one of the fastest-growing eCommerce markets in Asia/Pacific along with China.
There are umpteen cases where travel websites and airlines advertise tickets for unbelievably low prices, without mentioning taxes and other charges.
That makes it the best phone in Indian market for the price it's offered.
Online retail is increasing market share rapidly.
Amit Agarwal tells Suveen Sinha about how he implements an American entrepreneur's vision in a very Indian way.
Snapdeal said on Wednesday it bought online mobile recharge firm Freecharge for an undisclosed amount.
On the investor side, we realised most of the funds have foreign capital, thus closing down the opportunity to the Indian investor.
'One good thing that has come out of all this is that it shown people that online ordering is the way forward.'
Along with Lord Ganesha and goddess Laxmi, electronic gadgets will also enter the pantheon of Hindu gods this Diwali.
The guidelines say sellers will be solely responsible for warranties and guarantees.
By toxic, the reference is to material that whips up hatred, is discriminatory in nature and has explicit sexual and pornographic content.
Two French sports retailers - Go Sport and Decathlon - are all set for battle royal to grab market share in India. Both are competing with sports goods makers Nike, Puma and Adidas and footwear major Bata. While Decathlon is already in India for some time, Go Sport opened its first super store in Navi Mumbai recently.
Chief executive officer Sachin Bansal of Flipkart.com quit his high-paying job at Amazon and along with fellow IITian, Binny Bansal, decided to launch a business of his own.
As Indians scrambled to exchange the banned notes for new currency, Paytm, Sharma's digital payments startup, went on a promotional spree, inviting Indians to start using Paytm's digital wallet to pay for everyday goods and services.
K Vaitheeswaran, co-founder of Indiaplaza, one of India's first e-commerce companies, shares the lessons he learnt from its failure.
Multiple levels of integrations with the bank servers are required for enabling transactions.