New entity is likely to get a top-up of $200 million from a Chinese investor
'For the next three months or so, the market will go down.' 'Traders do not have Rs 100 notes.'
Tesla began taking orders for its $35,000 Model 3 sedan from Indian customers in April last year.
The firm chooses UP for payments bank launch in February. Karan Choudhury reports.
Alibaba will acquire 25 per cent stake in One97 Communications.
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.
Aadhaar architect becomes most visible face to oppose Facebook plan
It's the same sourcing norms that have been a hurdle for multinationals such as Apple Inc in setting up retail operations in India.
With the arrival of new players such as Amazon Pay, Google Tez and Flipkart's PhonePe, digital money companies are now changing their business pitch.
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.
Venture capital investments in India's start-ups nearly halved to $1.5 billion in fourth-quarter 2015
They encouraged start-ups to pay for acquiring customers rather than focusing on the business fundamentals.
Internet, tech, infra, realty in India might gain
Nikesh Arora patiently answered all questions and responded to remarks and observations.
Sources said the fresh batch of profiles include students whose date of joining has been delayed by Flipkart.
Here's a list of the favourites of the billionaires.
They are asking TRAI to reject the plan in the interest of protecting the citizens' right to use Internet
Google is going ahead with a policy revision mandating 30% charge on in-app purchases across all apps on Play Store. This has left developers' community worried about tighter squeeze on their earnings, says Yuvraj Malik.
In August, RBI allowed 11 business houses to start a payments bank.
One97 Communications, which owns Paytm, was awarded the title sponsorship rights for India's international home cricket matches for four years after a winning bid of Rs 2.42 crore per match.
'We are against Alibaba investing in Paytm.' 'We are against the concessions given to Paytm.' 'In fact, we want Paytm to close down because of its alliance with Alibaba.'
The company is modelling its many ventures on Alibaba in China.
Chinese e-commerce giant planning to enter India this year, will take on global e-retailer
Firms are offering employees flexi hours; demand for air purifiers, masks have skyrocketed.
Tata Group's CLiQ is the latest to join the e-commerce club, to compete with the likes of Amazon, Flipkart and Snapdeal.
Some initial reactions to Prime Minister Narendra Modi's announcement of demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight.
Jaitley's Budget has the potential to change the face of Modi's Bharat
Every competitor is eyeing the top slot that Flipkart holds.
Of the 11 licence holders, only eight remain in the fray as concerns about profitability and rising competition are making them think twice before jumping in.
The niche banks - small finance and payments banks -have been set up to further the regulator's objective of deepening financial inclusion.
Estimates by retail consultancy Technopak suggest that direct subsidy to consumers because of e-commerce this year would be over Rs 12,000 crore.
Paytm is just embarking on building a TaoBao like entity in India, it may want to address a challenge that the latter faced a few years after its launch.
The programme has triggered a huge debate in India.
Ma and the other co-founders had finalised the name "Alibaba" after much research on its acceptability.
A glance back at some of the important ups and down Indian Inc faced in 2018.