BUSINESS
Charcoal Eats in advanced talks to raise Rs 40 crore
Plans to expand number of outlets to 250 by March 2020
BUSINESS
India needs an education system that focuses on employability: TN Hari
TN Hari, the HR head of Bigbasket, has explained the difference between India and Bharat in his book.
BUSINESS
Foodpanda offloads many restaurants as it shifts focus to 'dark kitchens'
The company's services are either currently not available or are scantily available across many Tier 2-3 cities and in select pockets of metro cities.
BUSINESS
A look at how Shopclues is trying to turn the corner
According to sources, Snapdeal has initiated preliminary discussions with Shopclues to evaluate a potential strategic alliance.
BUSINESS
Oyo launches cloud kitchens, entry into food delivery biz imminent
The company has hired Chandan Agarwal as the head of food and beverage and cloud kitchen unit.
BUSINESS
Paytm Payments Bank aims to open 10 crore savings account by March: Satish Gupta
As on date, the Paytm Payments Bank has 4.4 crore savings bank account with deposit of over Rs 400 crore; and there are as many as 26 crore wallet accounts.
BUSINESS
No accused to rejoin company, says Paytm
While Paytm refrained from taking names, it is expected to be referring to the much talked about comeback of Sonia Dhawan to the company.
BUSINESS
Exclusive | Zomato in talks to acquire Bangalore-based Dunzo
The development happens at a time when Zomato's rival Swiggy has expanded its services from food to on demand product delivery
BUSINESS
Remember Sonia Dhawan? Paytm top exec jailed on extortion charge likely to be reinstated
Dhawan was reintroduced to the senior executives of the company on Tuesday in Paytm's Noida office, sources said.
BUSINESS
Ola back on the roads in Bengaluru as Karnataka govt lifts ban
The ban was a big blow to Softbank-funded Ola that claims to have over 1.3 million driver partners on its platform across the country.
BUSINESS
Cloudtail looks to onboard Amazon's smaller sellers with better offers
The idea is to offer the small sellers a fixed amount for specific set of products and then push the same products on Amazon under the banner of Cloudtail.
BUSINESS
Ebix Chairman Robin Raina bullish on Indian market, mulls IPO
In an interaction with Moneycontrol, Robin Raina, Chairman of the company, talks about what Ebix plans to do with Yatra if the deal fructifies and road ahead for his organisation.
BUSINESS
Food is an important aspect for the hospitality business: Ritesh Agarwal
In an interaction with Moneycontrol, Oyo founder Ritesh Agarwal spoke about the rationale behind raising money from Softbank-backed companies as well as Oyo’s expansion plans.
BUSINESS
Deadline to submit comments on draft e-commerce policy likely to be extended
Multiple industry lobbies had requested for atleast a month's time to respond to the draft from the date of announcement on February 23 .
BUSINESS
After organic eggs, Omega 3 eggs becoming the new rage
Omega-3 fatty acid is crucial for brain and heart health and Indian diet does not provide enough of it
BUSINESS
Draft e-commerce policy: Government mandates etailers to register entity in India
The 41-page draft focuses on six broad issues of the e-commerce sector, which includes data, infrastructure development, e-commerce marketplaces, regulatory issues, stimulating domestic digital economy and export promotion through e-commerce.
BUSINESS
Consumers demand laws to curb fake products menace in e-commerce policy
The recommendation has been written basis feedback received from over 40,000 consumers and 10,000 small and medium enterprises between October and January.
BUSINESS
Angel tax: Govt widens startup definition, makes them easier to invest in
With an aim to relax the norms and make it easier for startups to thrive in the country, the government on Tuesday widened age cap of startups from 7 to 10 years.
BUSINESS
Tug of war! Modi government in a bind over e-commerce policy
Barely a couple of months away from the Lok Sabha elections, the government is in a fix on whether to first launch a draft for consultation or release the e-commerce policy.
BUSINESS
New notification on angel tax likely today; startups to get breather on age, fund raising cap
According to a report by LocalCircles and the Indian Private Equity & Venture Capital Association (IVCA), over 73 percent of startups, which raised capital between Rs 50 lakh to Rs 2 crore in India, have received angel tax notices from the I-T Department till date
STARTUP
E-commerce FDI rules: E-tailers skirt rules to ensure it is business as usual
Foreign companies have been able to take advantage of the ‘design flaws’ in the new policy, which they felt was going to hinder their successful established practices.
BUSINESS
Amazon preparing army of preferred vendors on the lines of Cloudtail, Appario
Besides reduced commissions, these sellers could also enjoy better positioning of their products on the app or the website — a factor that heavily influences the business a seller will generate.
BUSINESS
Paytm data theft case: Sonia Dhawan's husband granted bail by Allahabad HC
Jain is currently under judicial custody and his bail will be processed once the family gets a copy of the order.
BUSINESS
Govt likely to come up with fresh notification on angel tax in a week
The decision was taken after a round-table that DPIIT and CBDT had with key angel investors and startups on February 4. It was chaired by Abhishek.
