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Dr M Muneer
December 6, 2018
The millennials will play a big role in India's economic growth, when they enter the workforce and start families. They will occupy more than 47% of India's workforce in the next two years.


BusinessToday.In
New Delhi, December 4, 2018
Barclays says Amazon India and Flipkart are on a similar run rate of $11.2 billion in GMV for fiscal 2019.


BusinessToday.In
November 30, 2018
The company is looking to hire in tech and non-tech roles across its various divisions in the country.


BusinessToday.In
New Delhi, November 28, 2018
It took five years but Amazon, the world's largest ecommerce player, is now also India's largest etailer by gross merchandise value (GMV).


BusinessToday.In
New Delhi, October 10, 2018
The report estimates smartphone sales to generate a staggering $6.36 billion (Rs 46,890 crore) during the festive season, of which online sales are expected to contribute $3.67 billion (Rs 27,094 crore).


BusinessToday.In
New Delhi, October 9, 2018
Amazon India also confirmed it is working with private sector lender Axis Bank to develop its own UPI payment option under Amazon Pay.


BusinessToday.In
New Delhi, October 8, 2018
Flipkart has also bolstered its infrastructure network by adding a total of 16 flex fulfilment centres and 15 mother hubs to its supply chain network.


BusinessToday.In
New Delhi, July 6, 2018
ED initiates extradition process against Nirav Modi under MLATWith the permission of special PMLA Court, the Enforcement Directorate (ED) has begun the extradition process against diamantaire Nirav Modi in $2-billion PNB loan fraud case under PMLA. Till now, the extradition has been sought from UK, Belgium and a few other countries. But that's not all. The agency is also working on another strategy, i.e. MLAT. Sources told Indiatoday.in that the agency is also making a request for...


BusinessToday.In
New Delhi, July 5, 2018
In a regulatory filing yesterday, Biyani-led Future Lifestyle Fashions Ltd (FLFL) disclosed that it has reached a conditional agreement with leading e-commerce fashion business Koovs to acquire up to 29.9 per cent stake in it, subject to regulatory and procedural approvals.


BusinessToday.In
New Delhi, June 26, 2018
The customer in question was a football fan who had ordered two sets of headphones from Flipkart to watch the ongoing FIFA matches without disturbing his family. But when the package arrived, it only contained a bottle of oil.


BusinessToday.In
New Delhi, June 6, 2018
Farmers protests make fresh fruits, vegetables expensive; restaurants may also increase pricesIt's Day 5 of the ongoing nationwide agitation by farmers, and if its runs the planned course till June 10, not only is the supply and price situation of fresh produce likely to worsen but there may also be spill-over effects on dining out. According to The Economic Times, ecommerce firms like BigBasket and Grofers have managed to so far keep prices in check because of pre-arranged suppli...


BusinessToday.In
New Delhi, June 5, 2018
It's Day 5 of the ongoing nationwide agitation by farmers, and if its runs the planned course till June 10, not only is the supply and price situation of fresh produce likely to worsen but there may also be spill-over effects on dining out.


BusinessToday.In
New Delhi, May 31, 2018
The deal is getting heightened scrutiny because of the different types of taxes applicable on it as well as the ambiguity created by last year's changes to applicable bilateral tax treaties.


BusinessToday.In
May 30, 2018
The Bangalore-based etailer aims to launch grocery services in five cities by July, beginning with Hyderabad and followed by Chennai, Mumbai, Delhi-NCR and Pune. This follows the company's soft launch for the groceries category in Bangalore last November under a tab called Supermart.


BusinessToday.In
New Delhi, May 24, 2018
According to a report by The Wall Street Journal, Amazon Inc, the world's largest online retailer, has started terminating the accounts of several customers of late for allegedly breaking its terms of use without specifying the violation. This includes availing of the return policy liberally.


BusinessToday.In
New Delhi, May 14, 2018
According to The Economic Times, the Japanese conglomerate has held early discussions to invest as much as $3 billion in Paytm Mall,  run by Paytm E-commerce Pvt. Ltd - just last month, SoftBank had invested $400 million (Rs 2,600 crore) for 21 per cent stake in the company also backed by China's Alibaba Group.


BusinessToday.In
New Delhi, May 11, 2018
While short-term capital gains tax in the hands of foreign investors is 40 per cent, long-term capital gains tax is levied at 20 per cent for shares sold after 24 months of purchase.


BusinessToday.In
New Delhi, May 5, 2018
On Friday, it was reported that Flipkart board has approved 75 per cent stake sale to Walmart for USD 15 billion. Tech giant Google's parent company Alphabet Inc would also tag along with Walmart for an investment in Flipkart.


BusinessToday.In
May 4, 2018
After months of negotiations, it appears that Walmart may have finally trumped Amazon in the race to buy Flipkart. The brick-and-mortar retailer has reportedly outrivalled the global online retail behemoth to acquire around 75 per cent stake in India's largest e-commerce platform.


BusinessToday.In
April 27, 2018
Google's parent Alphabet is reportedly in talks with US-based retail behemoth Walmart to acquire a minority stake in India's largest e-tailer Flipkart.


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