FinTech
Big Grid
Walmart pays most of tax bill arising from shifting of PhonePe headquarters to India
PTI -
Walmart Inc and other PhonePe shareholders faced nearly USD 1 billion as capital gains tax after the digital payments company shifted its headquarters to IndiaNew Delhi: US retail giant Walmart has paid the taxes arising from the shifting of the...
In Focus
RBI pauses onboarding of online merchants by Paytm Payments Services; firm says no material impact on biz
PTI -
Paytm will not onboard new online merchants till the time approvals from RBI remain pending. It will, however, onboard new offline merchants and offer them payment servicesNew Delhi: Banking regulator Reserve Bank of India (RBI) has put a pause on...
E-Commerce
Paytm Commerce turns operationally profitable: Analyst
PTI -
Revenue from its commerce business increased 49 per cent y-o-y due to higher ticketing sales. One97 Communications, which owns the Paytm brand, has set a target to post operating profit by September 2023New Delhi: Financial services firm One97 Communications’ commerce...
Retail
Mergers: The road to success for the e-commerce industry
Experts have long believed that 2016-17 will witness a large number of mergers and acquisitions in the startup industry and the recent merger of Goibibo with Make My Trip has only corroborated this supposition.
Indeed, the corporate appetite for mergers and acquisitions has increased...
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Latest News
Celebrated designer Mac Duggal enters India with spring summer’24 collection
The Spring Summer ‘24 collection is a collection, based on the idea of contemporary day-to-evening dressing and easy, free-flowing...
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