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.

OYO is already India's largest hotel network with more than 100,000 rooms in 230 cities, as opposed to Marriott's 23,000 and Taj Hotel's 17,000.

For the start, the homegrown company will provide services around Auckland, Christchurch and Wellington. To build its presence in the country, Ola has roped in Brian Dewil as the country manager for New Zealand.

Vouching for a level-playing field, PhonePe said all payments companies doing business in India must abide by the law of the land and protect our citizen's financial data and pay fair taxes on income earned in India.

This development comes just 10 months after Paytm acquired a stake in CreditMate, a Mumbai-based fintech startup focussed on enabling its dealer partners to seamlessly assess, approve, process and distribute two wheeler loans to customers with no formal credit history.

The New York-based hedge fund will now step up investments in India from its mega $3 billion fund called Tiger Global Private Investment Partners XI.

Google India is bringing back former employees and relocating existing ones to put together a strong leadership team.

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.

The start-up, founded by engineering graduates Arun George, Vimal Govind, N.P. Nikhil NP and Rashid K, has been supported by Kerala Start-up Mission.

Advanced technologies like AI and machine learning not only reduce the chances of error -- thereby improving efficiency -- but also go beyond human intelligence to offer solutions in areas such as e-commerce, fintech, healthcare, and education.

Simba, a start-up craft beer brand, is roaring right now. It was launched in 2016 with two variants: A wheat beer and a stout.

Where Is My Train is one of the most-downloaded train-based apps in the country with as many as 10 million downloads.

Digital payments in India is now poised for a great leap forward as global tech giants slug it out for a bigger slice of the pie.

Google is reportedly looking to team up with Alibaba-backed Paytm Mall to pick up a 7-10 per cent stake in Future Retail for Rs 3,500-4,000 crore.

Several members from the eBay team have been integrated with Flipkart's 2GUD team.

With this acquisition, voice integration could be available in some parts of the Flipkart platform as early as 6-8 months.

The 'Change the World' list, which includes for-profit companies that help tackle social problems, was released on Monday. It ranked Jio ahead of pharma giant Merck and Bank of America and Chinese billionaire Jack Ma-led Alibaba.

OYO is reportedly in advanced talks to raise up to $1 billion in a deal that could value it at over $4 billion.

There are several challenges before the companies before they can cash in the users coming from tier-3, 4, 5 and beyond in India. Especially, since they have not been able to monetise the overall current user base.

IMF sees Indian economy as an elephant that is starting to runThe International Monetary Fund (IMF) believes the $2.6 trillion economy is an elephant that is starting to run.What's more, its latest report on India not only reaffirms that the country is \"again one of the world's fastest-growing economies\" - accounting for about 15 percent of global growth - but also that India it could be what China previously was for the world economy.The report's favourable medium-term outlook re...