The face-off between the two e-commerce giants Flipkart and Amazon continues with the Walmart-backed company claiming it doesn't see much relevance for Indian users from the competitor, and Amazon contending that it remains the \"most visited and transacted\" e-tailing platform in the country.

This development comes a little over two months after Swiggy's $210 million Series G round in late-June, which propelled it into the much-coveted unicorn club.

Food delivery is demonstrating scale as a business. According to RedSeer Consulting, the online food delivery market in India totalled $0.3 billion in 2016. A CAGR of 90 per cent is expected to take the segment to $4 billion by 2020.

The online food delivery market in India totalled $0.3 billion in 2016. A CAGR of 90 per cent is expected to take the segment to $4 billion by 2020.

The plan is to initially see how it's 'milk-bread-egg' model works, and subsequently push in more profitable daily food items like vegetables, fruits, etc, at your doorstep.

Authority for Advance Ruling (AAR) threatened to ruin the party when it recently ruled that GST would be applicable on duty-free shops.

Swiggy is reportedly also keen to further expand New Supply, its supply chain business that includes Swiggy Access.

Mukesh Ambani-led Reliance Jio Infocomm is ready to bail out younger brother Anil Ambani's debt-ridden telecom business by buying the wireless assets

Axis Bank is in trouble after coming under the SEBI scanner for leakage of price sensitive information (PSI).

India's best funded startup Flipkart, which kicked off the season with its sale at 12 midnight, did not trend on Twitter or Facebook even after 12 hours of the sale. Neither Amazon, which started the sale for its Prime subscribers at noon, nor latest entrant Paytm Mall found a spot at the top.

The Indian online food delivery industry experienced many roadblocks in its growth story in 2016, with multiple players scaling down their operations or shutting shop. This was also visible in low investor sentiment, wherein the industry saw a total funding of less than $80 million in 2016 against $500 million in the same period year before, says a report.

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.

The two companies along with Gurgaon-based Snapdeal have been slugging it out for a greater share of the Indian e-commerce pie.

Consumers are willing to splurge once again on a range of products. This is just what the doctor ordered for the Indian economy.

Sales of Flipkart, Amazon and Snapdeal have exceeded expectations from last year's sales.

\"E-tailers are likely to surpass all sales expectations in the ongoing festive sale days and for the month of October 2016 as a whole...as a result of the bumper sales performance of e-tailers, the gross GMV for e-tailing industry is likely to be Rs 6,500-7,700 crore ($1-1.2 billion) for the ongoing festive week (October 1- 6),\" research firm RedSeer Consulting said in its report.