India's first electric taxi service launched in Delhi-NCR; and Ola raises $21 million from Sachin Bansal at a valuation of $5.7 billion. Watch more on News Blast.

India's first electric taxi service launched in Delhi-NCRGensol Mobility said it has launched India's first electric vehicle (EV) taxi fleet, BLU-SMART, in Delhi-NCR with about 70 cars that will be ramped up to 400 vehicles by the end of March 2019. The company, which is in talks with various car companies such as Tata Motors, Mahindra & Mahindra and Nissan for procuring EVs, has also invested over Rs 50 crore to set up charging infrastructure in various parts of the city.Govt working on ...

\"The brand is now very strong, and it will now leverage the strength of the overall group. I feel good about it,\" Ananth Narayana told Business Today.

Passengers travelling within the country from Terminal 2 can now authenticate their boarding pass by scanning the boarding pass barcode or QR code on the mobile phones at the E-gates Reader.

According to media reports, Narayanan is in discussions with Star TV-owned video streaming app Hotstar for the CEO's position.

It attributed the growth to the company's strategic initiative of hiving off its B2B business and focusing on its marketplace operations

Walmart-backed Flipkart has rejigged its senior leadership team, including the appointment of Sriram Venkataraman as a chief operating officer

Barclays says Amazon India and Flipkart are on a similar run rate of $11.2 billion in GMV for fiscal 2019.

US sportswear brand Under Armour plans to open 10-15 outlets in the next three years in India.

Rishi Vasudev, the Vice President of Fashion, Home & Furniture business, Flipkart, says the number of transactions in fashion is far higher than other categories.

It took five years but Amazon, the world's largest ecommerce player, is now also India's largest etailer by gross merchandise value (GMV).

Sixteen billion US dollars is a lot of money to pay to take control of an Indian company.

How can Walmart correct the wobble in India's best known start-up?

Myntra's CEO Ananth Narayanan said that about 250 jobs - or over 40% of Jabong's total workforce - would be lost courtesy a restructuring exercise.

According to industry sources, Singh is expected to join Flipkart in December, and will work closely with Flipkart CEO Kalyan Krishnamurthy.

After M&A, it is the founder leaders that help the new company ease into the new business and geography. But in a peculiar event Flipkart's CEO Binny Bansal stepped down following Walmart's investigation into an allegation of \"serious personal misconduct\".