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Flipkart introduces new online wallet

India's e-commerce major Flipkart, in a bid to foray into the payments business, has launched an online wallet, Flipkart Money. The online wallet will directly compete with Alibaba-backed Paytm and Snapdeal's Freecharge. Flipkart Money will help the firm increase the...
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Nestle India, Dr Reddy’s to form JV for nutraceutical brands in India, other agreed territories

Dr Reddy's will license brands such as Rebalanz, Celevida, Antoxid, Kidrich-D3, Becozinc in the nutrition, and OTC ( over...
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