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PTI
January 20, 2017
Days after it blocked transactions by its customers on PhonePe, ICICI Bank was today asked by the NPCI to open up "immediately", but the country's largest private sector lender retorted back accusing the Flipkart and Yes Bank-run wallet of following "restrictive practice" and asking for a change before it complies.
Nidhi Singal
New Delhi, January 19, 2017
Xiaomi on Thursday announced the launch of Redmi Note 4, successor to last year's best selling smartphone  Redmi Note 3.
BT Online
New Delhi, January 19, 2017
Xiaomi conducted the launch event of Redmi Note 4 in New Delhi today where it launched the new Redmi Note 4.
Anil Kumar
January 18, 2017
A lot of skeptics announced this as the doomsday for the Indian e-tailing market (and consumer internet in general) - with their views being further fuelled by the devaluation of Flipkart, the bellwether of the industry, by various funding agencies.
PTI
New Delhi, January 17, 2017
With the funding, the startup plans to advance its products, improve user experience and expand on services, Tinystep said in a statement.
Goutam Das
New Delhi, January 17, 2017
Mobile wallet start-ups have received the most funding - they have been using this capital to both aggressively market as well as improve the ease of using their technology. These privately funded start-ups are now threatening the banks from three sides.
BT Online
January 16, 2017
Recent tweets from the official Twitter account of Xiaomi have cleared that the new phone will exclusively be offered on Flipkart.
PTI
January 15, 2017
Amazon.in will create well over 7,500 temporary jobs for its upcoming sale, and these positions will mostly be in logistics to ensure smooth deliveries.
PTI
New Delhi, January 14, 2017
The letter comes days after concerns about RBIs functioning being raised by at least three former Governors -- Manmohan Singh (former PM), Y V Reddy and Bimal Jalan. Former Deputy Governors, including Usha Thorat and K C Chakrabarty, have also voiced their concerns.
Prosenjit Datta
New Delhi, January 13, 2017
In good times, the interests of the founders and the investors are perfectly aligned. When the environment becomes tougher though, the interests diverge subtly. In India, this process started last year in the current entrepreneurial round. Investors started taking a more active role in many companies they had put money in. And this trend is only likely to accelerate in 2017.
Manu Kaushik
January 13, 2017
Take Airtel, for instance. It's planning to tap its 2.5 lakh retail stores (who sell prepaid recharges) across the country to deliver its banking services. These retail outlets would work like a bank branch where people can deposit and withdrawal cash.
Reuters
January 13, 2017
Even before he was appointed to run India's biggest e-commerce company, Kalyan Krishnamurthy had signalled a change: as head of sales at Flipkart he focused on profitable "big ticket" items, a shift away from the industry's fixation on growth at all costs.
Reuters
New Delhi, January 12, 2017
Facebook said it would test a feature using Instant Articles to allow readers to see multiple stories at a time, as a package, from their preferred news organizations.
Reuters
January 12, 2017
Amazon.com removed doormats resembling the Indian tri-colour flag from its Canadian website on Wednesday, after an Indian government threat to rescind visas of the U.S. company's employees if they did not stop selling the product.
Reuters
January 11, 2017
"We don't believe start-ups are the private preserve of only garage start-ups...The corporate garage is going to be the scene of a lot of action," said Anand Mahindra, executive chairman of Mahindra group, in an interview with Reuters at an investor gathering on Tuesday.
PTI
Gandhinagar, January 11, 2017
Earlier this week, in a major restructuring, Flipkart brought all its units under an umbrella firm and elevated Binny Bansal as the Group Chief Executive Officer. Kalyan Krishnamurthy, previously head of Category Design Organisation, has been appointed as the CEO of Flipkart.
PTI
Gandhinagar, January 11, 2017
With the government taking steps to improve business climate, total FDI inflows in the last two-and-a-half years have touched USD 130 billion, Prime Minister Narendra Modi said today.
BT Online
New Delhi, January 11, 2017
The Indian market opened on a high note over positive Asian cues and on the back of auto and metal shares.
BT Online
New Delhi, January 10, 2017
Flipkart is the first online retailer to receive rights to sell Apple devices without the need of third-party retailers. The sale has begun today and will last till January 13.
Rajneesh Chauhan
January 10, 2017
The current short supply of cash is expected to translate into a trend that will see more and more of digital channels being used for payments and a sharp rise in e-commerce transactions.
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