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Retrenchment in e-commerce industry not unique to India: Nirmala

Commerce and Industry Minister Nirmala Sitharaman has said corporate downsizing and retrenchment in the country's e-commerce industry were not unique phenomena happening in India but were occurring globally. The minister's comments came a day after major layoffs were announced by...

Snapdeal founders to take 100 pc pay cut, firm commences layoffs

E-commerce major Snapdeal on Wednesday reported that its founders have agreed to take a 100 per cent pay cut, even as the firm initiated a process to rationalise a part of its workforce to make the company profitable in...

Indiamart raises funds from Amadeus Capital Partners

Online marketplace for small and medium businesses, Indiamart, has raised a new round of funding from Amadeus Capital Partners. The amount of the funding is yet to disclosed. Indiamart has revealed that it will be using the funding primarily...
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Kalyan Jewellers opens two stores in Delhi

The stores located at Kohat Enclave in Pitampura and Sector 7, Rohini were inaugurated by Bollywood actor Nora Fatehi New...
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