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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...


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...


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.


Mail Today Bureau
New Delhi, September 10, 2018
The policy faced backlash over its suggestions dealing with data localisation, curbing deep discounting which has been the mainstay of online retailers and Foreign Direct Investment (FDI) norms


Reuters
September 8, 2018
Alibaba Group Holding Ltd's billionaire co-founder Jack Ma will announce a succession plan on Monday to hand the reins of his sprawling empire to a new generation of leaders but will remain executive chairman for the time being.


BusinessToday.In
August 31, 2018
Analysts expect rupee to hit the 72 level per dollar if the current situation persists. The Indian currency is down 3.3% in August and nearly 10% this year so far - making it the worst-performing currency in Asia.


Aarti Dua
New Delhi, August 20, 2018
Agritech companies are revamping the farm-to-fork supply chain. The big gainers are farmers.


Reuters
August 18, 2018
Technology executives and trade groups have discussed approaching Prime Minister Narendra Modi's office to appraise him of their worries. Separately, the industry is considering pitching the issue as a trade concern, including at the India-US talks in September in New Delhi.


PTI
August 11, 2018
Commerce and Industry Minister Suresh Prabhu today asked his officials to undertake another round of stakeholder consultations for the draft e-commerce policy as concerns have been raised on some proposals.


Reuters
August 5, 2018
The policy will be the latest in a series of proposals that seek to spur data localisation in India, as the government finalises an overarching data protection law.


Joe C Mathew
August 2, 2018
Invest India, the national investment promotion and facilitation agency set by the Central government has joined hands with energy sector companies to offer lab-to-market opportunity for Indian start-ups through a three month 'Integrate to Innovate' Programme.


BusinessToday.In
New Delhi, August 1, 2018
US President Donald Trump has previously used the Harley-Davidson brand to lash out against India's high import duties, so nobody will be surprised if he chooses to make an example of Walmart and Amazon as well to push for fair play.


Reuters
July 31, 2018
The RBI in April had said that payments firms such as Mastercard and Visa should within six months store data only in the country for \"unfettered supervisory access\". But US firms protested and the Finance Ministry has recommended relaxing the directive.


BusinessToday.in
New Delhi, July 27, 2018
Bharti Airtel turns a surprise profit of Rs 97 crore in June quarter due to tax gainsIndian telecom conglomerate Bharti Airtel managed to defy street expectations and come out with a profit in the June quarter. After the slim profit the telecom major managed in the March quarter of the last fiscal, it seems to be finding its feet back in the competitive Indian telecom industry. Bharti Airtel posted a sequential rise of 17.37 per cent in its profit attributed to owners, which rose ...


Sumant Banerji
New Delhi, July 26, 2018
Some of the other demands by the truckers include abolition of TDS, rationalisation of Income tax Act, smoother functioning E-way bill, national permit for tourists and buses and abolition of direct port delivery tendering system.


Reuters
July 25, 2018
Facebook (FB.O) has set up a subsidiary in China and plans to create an \"innovation hub\" to support local start-ups and developers, the social media company said on Tuesday, ramping up its presence in the restrictive market where its social media sites remain blocked.


BusinessToday.In
New Delhi, July 24, 2018
In the CoD method, Flipkart, Amazon and other ecommerce players collect cash from customers on behalf of third-party vendors at the time the goods are delivered instead of demanding online payment at the time of placing the order.


Sumant Banerji
New Delhi, July 9, 2018
After displacing Samsung from pole position in smartphones, Xiaomi aims for a bigger play in Indian consumer durables.


B.S. Srinivasalu Reddy
New Delhi, July 9, 2018
A new breed of fintech lenders is creating a niche segment.


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