The investment follows comments from finance minister Arun Jaitley last week that Visa and rival Mastercard were losing market share to domestic payments networks.
According to industry sources, Singh is expected to join Flipkart in December, and will work closely with Flipkart CEO Kalyan Krishnamurthy.
The proposal envisages selling about 5% equity stake in ONGC, 3% in IOCL and 10% in OIL.
Myntra's private brands, or its private label business, has emerged as a differentiator and generates more than a quarter of its GMV.
The Reserve Bank of India (RBI) today cancelled certificate of registration of 65 NBFCs through two separate notifications for unspecified reasons.
"Whether demonetisation or GST, you can question the efficiency of the implementation but conceptually you cannot question it. GST is a good reform," says Puri.
The most searched products during the season were -- bike, mobile phone, smartphone, car and TV, according to the report.
In his new role, Narain will be based in Mumbai and will also be responsible for Bayer's Global Smallholder Farming initiative.
It took about 24 hours for Binny Bansal to go from Group CEO and Chairman of Flipkart to being forced to step down following allegations of personal misconduct.
Thugs of Hindostan Box Office collection Day 9: Aamir Khan-starrer continues to lose steam in its second week
US firm names Noida-based IT consultancy in Rs 14 crore fraud
Trai seeks public view to make paper telephone bill optional
New RBI window may not increase credit to NBFCs: Report
Mercedes-Benz launches new CLS; price starts at Rs 84.7 lakh
Reliance Jio Prime vs Airtel, Vodafone, Idea 4G offers
Reliance Jio plans to bring 5G internet to your smartphones
Maruti Suzuki opens online booking for Baleno RS
India Inc to get 9.5 per cent salary hike this year
Five tips to get a good salary hike this year
Paytm emerges as top finance app in Canada thanks to cashback schemes
Xiaomi is the leader of the pack in India with market share of 27.3% in Q3
Not just strangers, people from own social circle can bully online, finds survey
Now, save contacts without phone numbers, thanks to WhatsApp's QR code!
Google launches Night Sight for Pixel 3, 3XL