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BusinessToday.In
New Delhi, September 20, 2018
Alibaba is the first foreign company to openly claim it's ready to accept the data localisation rules, while other prominent giants like Amazon, Microsoft, American Express, Google and Facebook have shown reluctance.


BusinessToday.In
New Delhi, September 20, 2018
The instant credit facility is a part of Flipkart's strategy to drive its gross merchandise volume by \"15-20 per cent\" by launching affordability instruments in the next 24 months.


BusinessToday.In
New Delhi, September 20, 2018
Apnidukaan.com is in the business of selling kitchen appliances, electronics and furniture. The owners are now in the process of asking Amazon to remove all references to Apni Dukaan.


BusinessToday.In
New Delhi, September 20, 2018
Income tax officials inspect books of Jet Airways in Mumbai, Delhi officesThe Income Tax Department on Wednesday swooped down on the premises of Jet Airways in Mumbai and Delhi to carry out an inspection of the books of the crisis-ridden airline for alleged falsification of accounts and siphoning of funds. As many as 50 tax officials are reported to have been pressed into action for the survey operation under Section 133A of the Income Tax Act at the Naresh Goyal-led airline's And...


BusinessToday.In
September 20, 2018
The company revealed the OnePlus 6T name through a dedicated section on Amazon India's website and an advertisement that was aired during the India Pakistan match on Wednesday.


Reuters
New Delhi\Mumbai, September 19, 2018
In July, a government panel recommended that all \"critical personal data\" should be processed in India, and presented a draft bill that could affect how global firms store customer data.


BusinessToday.In
New Delhi, September 19, 2018
Ahead of festive showdown, Flipkart pumps in Rs 3,463 crore to boost salesFlipkart is aiming at achieving 50 per cent of all smartphone sales during the upcoming festive month. Keeping the ambitious plan in mind, Flipkart has pumped in Rs 3,463 crore into its online marketplace, Flipkart Internet. This is the first biggest capital infusion by the Walmart-backed e-commerce giant ever since the US-based retail behemoth acquired a majority stake in the company. RCom to exit tele...


BusinessToday.In
New Delhi, September 19, 2018
This is the first capital infusion by the Walmart-backed e-commerce giant ever since the US-based retail behemoth acquired a majority stake in the company.


Anand Adhikari
September 18, 2018
The BJP-led NDA government probably had the right intention when they knocked on the doors of Ravi Venkatesan, former chairman of Microsoft India and P S Jayakumar, an ex-citibanker turned entrepreneur, for helping them in conducting an experiment of sorts with Bank of Baroda.


Ajita Shashidhar
New Delhi, September 18, 2018
Most of Hotstar's revenue comes from advertising and to get robust subscription (which is a more sustainable model) revenue, it surely needs to focus on original content.


BusinessToday.In
September 18, 2018
With 2019 general elections less than a year away, Prime Minister Narendra Modi's personal mobile application NaMo app has begun the sale of Brand Modi merchandise.


BusinessToday.In
New Delhi, September 17, 2018
Though talks are at an initial stage right now, the deal could give Flipkart a major push in its plans to provide attract more internet consumers on its platform.


PTI
September 16, 2018
As many as 44 shareholders of Flipkart, including significant ones like SoftBank, Naspers, venture fund Accel Partners and eBay, had sold their holdings to Walmart.


BusinessToday.In
New Delhi, September 14, 2018
Voltas and Arcelik, a part of Koç Holding, the largest industrial conglomerate in Turkey, have formed a 50:50 joint venture, Voltbek Home Appliances Pvt Ltd, and will reportedly invest Rs 1,000 crore in it over the next four-five years.


PTI
September 13, 2018
The other issues which figured in the meeting included ways to control sale of counterfeit products through an online platform, and facilitating logistics for the sector.


BusinessToday.In
New Delhi, September 13, 2018
Kapoor will appear in the print, digital and electronic advertisements of the company as well as play an active role in Nykaa's social media campaigns.


BusinessToday.In
New Delhi, September 13, 2018
RBI pulls back rupee from the brink by selling dollarsThe rupee slumped to a historic low of 72.91 in morning trade on Wednesday forcing the RBI to sell US dollars in the market through public sector banks to bring the Indian currency back from the brink. The government also issued a statement that the rupee would not be allowed to crash to an unreasonable level which further bolstered sentiments and enabled the rupee to climb back to 72.18 vis-a-vis the US dollar at the end of th...


BusinessToday.In
New Delhi, September 10, 2018
The airline said that the first four freighters are scheduled to be inducted by March 2019.


BusinessToday.In
New Delhi, September 10, 2018
Govt to fine-tune e-commerce rules; panel formed to look into issue; Trump calls on Apple to move production from China to US; SEBI may summon Kochhars soon; board to discuss coordinated efforts with govt, RBI; and Jio, Airtel, other telcos fined for not meeting service quality norms in March quarter. Watch this episode of Business Wrap.


BusinessToday.In
New Delhi, September 10, 2018
Govt to fine-tune e-commerce rules; panel formed to look into issueThe government has set up a group of secretaries to review a recently released draft ecommerce policy, which has drawn severe criticism from many stakeholders. The nascent but booming online retail space has largely been without regulations until a task force led by then commerce secretary Rita Teaotia put together the draft policy. The new group will be chaired by the secretary in the department of industrial poli...


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