Yulu founder Amit Gupta believes bicycle sharing is the next big thing.
FinMin had, recently, notified changes in FDI rules that made prior approval of the government mandatory for foreign investments from countries that share a land border with India. Hong Kong was ranked 14th on the list of countries with FDI flows to India, contributing $4.2 billion between April 2000 and December 2019, the data from DPIIT shows. India received FDI worth $2.34 billion from China in the same period.
While players in the financial ecosystem are opening up to the idea of receivables funding for the sector, this market needs a regulator, which a Parliament panel feels only RBI can provide.
The Department of Posts was one of the 11 entities to get the in-principle nod from the Reserve Bank of India in 2015 for setting up a payments bank.
Devita Saraf, the founder of Vu Televisions, tells Karan Choudhury why she issued a front page newspaper ad praising Donald Trump last week.
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.
As in the past, it is up to the merchants to decide if they will bear the burden of the charge or bill it to the customers. Subhomoy Bhattacharjee reports.
Patel, who impressed with scores of 42 and 67 in the two innings at Mohali on his comeback into the side after eight years, has got another chance to impress the team management.
In order to determine whether this would be sound strategy for them, one needs to look at two issues: One, on the alliances being built globally between telcos, on one hand, and cloud service firms, on the other, especially with the advent of 5G; and two, how their business strategies in India will blend into with such a deal.
Is the latest mobile or car or a house the goal? If so, the savings and investments should be aimed at catering to it. The amount needed has to be worked out, and money needs to be saved, accordingly, suggests Sarbajeet K Sen.
A dip in 'dream job' applications could also mean that students are bagging their desired offers in the first go itself.
After multiple attempts at selling itself, including to larger e-commerce player Snapdeal, ShopClues has found a buyer in Singapore-based e-commerce platform Qoo10 in an all-stock deal.
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.
Amazon.in has announced the launch of first-of its-kind women-only outlets for delivering products.
Telenor Financial Services, IDFC Bank and Sun Pharma's Dilip Shanghvi have decided to withdraw their licence to set up a payments bank.
US major lost its first mover advantage, now wants to secure its investments in the country.
According to experts, the banning of the apps has created negative sentiments and reduced the confidence among the Chinese investors to invest in India.
Employers are now looking to hire professionals who can demonstrate their skills rather than reel off a catalogue of undirected theoretical qualifications.
Flipkart has seen 33 per cent growth in past 6 months despite slowing e-commerce business and stiff competition from Amazon.
India team continued to be dogged by injuries as young all-rounder Hardik Pandya was Sunday released from the Test squad due to a blow on the shoulder, sustained during a training session. Lokesh Rahul and wicket-keeper Wriddhiman Saha were also forced to miss the third Test due to injuries but the BCCI is expecting the young opener to regain fitness before the fourth Test, scheduled to begin from December 8 in Mumbai.
Jack Ma is learnt to have discussed about e-commerce, mobile telephony
It's been a huge draw for Indian tourists this year.
Tesla began taking orders for its Model 3 sedan from Indian customers in 2016 and caught the fancy of people like GOQii's Vishal Gondal, Paytm's Vijay Shekhar Sharma and venture capitalist Mahesh Murthy. Amid hints from Elon Musk, Alnoor Peermohamed reports on Tesla's Indian entry.
Mohammed Shami was dropped after he failed to clear the fitness test at the National Cricket Academy in Bengaluru.
Byju's has emerged as the leader in the Indian education-tech sector. They are pioneering technology shaping the future of learning for millions of school students in India.
India's injury woes continued as batting mainstay Ajinkya Rahane was ruled out of the remaining two Tests against England due to injury. He will be replaced by Karnataka batsman Manish Pandey. Apparently, Rahane sustained a finger injury on his right index finger during India's training session at the Wankhede stadium on Wednesday.
The largest e-commerce entity of China is setting up its first India office -- an indication that it intends to capture a pie of the growing e-commerce market here. Raghavendra Kamath & Alnoor Peermohamed report.
Data processing compliance is the main reason behind the delay. The government, on several occasions, has made it clear that Indian financial data needs to be stored exclusively onshore and if it is processed outside, it needs to be brought back in 24 hours.
India's Internet economy has two choices: An immediate $30 billion Sale-and-Leaseback or a $3 trillion value harvesting over decades, observes Vibhu Arya.
Both firms have made several applications for patents pertaining to digital payments in the country
Karnataka opening batsman KL Rahul, who scored a century in the Ranji Trophy, has been added to the Indian squad for the second Test against England, starting in Visakhapatnam, on Thursday.
Vodafone Idea, the promoter of Aditya Bira Idea Payments Bank, said in a notification to the exchanges late on Friday that the board of the bank approved winding up the business, subject to approval from the Reserve Bank of India.
Amazon India Country Head Amit Agarwal refers to all talk of mergers as 'noise'. 'All this is a distraction, when the focus should be on the customer,' he says.
In 2015, e-commerce contributed significantly to the growth in television advertising revenues.
Private equity firms invested about USD 3.7 billion across 133 deals during the first quarter of 2018 as compared to USD 7.3 billion by way of 200 transactions a year ago.
Prominent e-commerce marketplace players include Amazon.in, Flipkart, Snapdeal, Paytm, Shopclues and Jabong
Three more positive cases of novel coronavirus have been reported in India.
Left-arm spinner Pragyan Ojha was taken to hospital for precautionary tests but escaped a serious injury after being hit on the head during the Duleep Trophy match between India Blue and India Green at Greater Noida on Wednesday. The incident happened in the 63rd over of India Blue's second innings as Ojha, while fielding for India Green at mid-on, was dealt a blow on the left side of his head after the ball bounced viciously in front of him, forcing him to take evasive action.
"In response to India's payments data circular, we've built a system that stores payments-related data locally in India," WhatsApp spokesperson said in a statement.
India's middle order batsman Suresh Raina has been ruled out of the first ODI against New Zealand to be played in Dharamsala on Sunday because of viral fever.
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