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How Paytm killed its e-commerce dream in India

Exactly two years back, Paytm Founder and CEO Vijay Shekhar Sharma, keeping Alibaba model in mind, took a plunge into the burgeoning e-commerce space where Amazon and Flipkart (now owned by Walmart) were two dominant forces.Nurturing a little grudge...

Flipkart most sought-after employer in India: Report

Online marketplace Flipkart beat Amazon to emerge as the most sought after employer where Indian professionals want to work and stay, according to a new LinkedIn report on Wednesday.Internet companies dominate the top 10 spots in the list as...

Explained – What Jack Ma’s retirement means for India

That he speaks impeccable English despite being a Chinese comes from the fact that Jack Yun Ma, Co-Founder and Executive Chairman of e-commerce behemoth Alibaba, graduated from Hangzhou Teacher’s Institute with a major in English and later became a...

Paytm to build ‘New Retail’ vertical

Digital payments company Paytm on Saturday said that it will build a "New Retail" model to equip shopkeepers with technology, logistics and marketing capabilities.According to One97 Communications, that owns the brand Paytm, under the new model, "consumers will soon...

Walmart e-entry makes India attractive to global majors: Experts

The whopping US $16-billion mega deal by global retail giant Walmart with the country's leading e-tailer Flipkart for majority stake makes India an attractive destination for global majors in the digital space, industry experts said on Wednesday.Kishore Biyani, CEO,...

Indian e-commerce market sees M&A deals worth US $2.1 bn in 2017

As much as US $2.1 billion worth of M&A (merger and acquisition) transactions were inked in 2017 in the booming Indian e-commerce industry, which may soon witness its largest-ever deal - the proposed Flipkart-Walmart nuptial.According to a PTI report:...

Amazon, Flipkart to drive growth in cargo segment; air cargo to benefit by Rs 1,000 cr: Report

The e-retail industry led by the likes of Amazon and Flipkart has brought about a major disruption in the domestic cargo sector with an expected contribution of about Rs 5,000 crore this fiscal, of which the air cargo segment...

Hope to cover 1 cr merchants in 3-6 months: Paytm

Mobile-first financial services platform Paytm hopes to cover 10 million merchants across India in three to six months from the existing six million merchant-partners for Quick Response (QR)-based payments, an official said on Thursday.The platform will invest Rs 500 crore in 2018 to...

PE investments jump 55 pc to all-time high of US $24 billion in 2017

Private equity firms invested US $23.8 billion across 591 deals in 2017, making it the biggest year for PE investments in India, says a report.According to deal tracker Venture Intelligence, the investment value is 39 per cent higher than...

E-commerce sector rides on Digital India, note ban

Adopting disruptive technology and riding on the Digital India bandwagon, the e-commerce sector has survived the slowdown in 2017 and benefited from the note ban, which spurred online transactions.More than computer-based Internet penetration and broadband extension, the record growth...
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FSSAI to launch quality check of food items like dairy products, spices, fortified rice

FSSAI carries out various pan-India surveillance on various food products to assess the compliance status of implemented regulationsNew Delhi:...
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