BUSINESS
Ahead of Lok Sabha polls, govt wants online retailers to go desi
The government has started meeting e-commerce companies like Snapdeal and Amazon and asking them about ways in which they can promote local manufacturers on their platforms
BUSINESS
Paytm data theft case: No decision on Sonia Dhawan's bail plea; next hearing on December 11
Last month, her husband Rupak Jain's bail plea was rejected by the court.
BUSINESS
Paytm data theft case: Stay order on Chomwal's arrest may make it easier for Sonia Dhawan, husband to get bail
"The other accused can now use this order to make their bail appeals stronger," said a lawyer requesting anonymity.
BUSINESS
Paytm data theft case: Rohit Chomwal cannot be put behind bars till credible evidence is found, says Allahabad HC
The rest of the three accused, Sonia Dhawan, husband Rupak Jain and Devendra Kumar, are in judicial custody.
BUSINESS
Black Friday trend will get popular in the next few years: Paytm Mall
"Since the last two years, Paytm Mall, Amazon and Flipkart have been trying to popularise these sale events and there is excitement among the consumers" said Srinivas Mothey, Vice President, Paytm Mall.
BUSINESS
Paytm data theft case: Sonia Dhawan's bail hearing date on December 4
Earlier this month, her husband Rupak Jain's bail appeal was rejected by the court.
BUSINESS
After Binny Bansal's exit, Flipkart's board to meet in London
It is not clear if Bansal, who continues to hold a board seat, will be attending the meeting.
BUSINESS
Here's how this start-up is trying to save the planet from your ‘killer blue jeans’
Owned and operated by Goodpeople Clothing Company Pvt, private label brand Korra makes environment friendly jeans for conscientious customers
BUSINESS
Jabong lays off 200-250 employees as growth slows down
The decision is learnt to have been taken following a lack of growth in Jabong's business during the last two quarters
BUSINESS
After Binny Bansal's exit, Flipkart may lay off 50% of Jabong's workforce
Sources said that executives with designations of deputy general manager and above have been informed verbally about the decision
BUSINESS
Rejig at Flipkart after Binny Bansal's exit may lead to Ananth Narayanan's departure
The conflict of interest arises from the fact that Flipkart already has its own fashion vertical -- Flipkart Fashion -- which is headed by Rishi Vasudev
BUSINESS
Paytm data theft case: Special court denies bail to Rupak Jain
Dhawan, a long-time secretary of Vijay Shekhar Sharma and the vice president, corporate communications of the online payments firm, was arrested from Paytm's office in Noida in October.
BUSINESS
Binny Bansal refutes allegations of misconduct in letter to employees, says will remain on board of Flipkart
Bansal had stayed on at Flipkart while his other co-founder Sachin Bansal left the company after Walmart acquired majority ownership in the web retailer.
BUSINESS
Ecommerce firms may get a breather on TCS returns
Online market places have been complaining of technical glitches on 1% tax collected at source (TCS) that came into effect from October 1
BUSINESS
Courier firms need to create compelling offering to stay ahead in the e-comm game: DHL SmarTrucking CEO
Indian e-commerce retail logistics market at $1.35 billion, expected to grow 36% in the next five years
BUSINESS
Oyo to raise $200 mn from new investor by December: Ritesh Agarwal
BUSINESS
Exclusive| Yatra laying off 270 employees as it plans to outsource non-core services
The employees are being given the option to either join the third-party firms from where Yatra will be outsourcing the services or look for openings outside
STARTUP
Paytm calling Sonia Dhawan 'conduit' to a conspiracy validates that she's being framed, says her lawyer
Dhawan’s lawyer Prashant Tripathi said the company has realised that definitely there is something fishier
BUSINESS
Ibibo ex-CEO Kashyap’s startup IndWealth raises $30 mln from Steadview Capital
The platform will enable users to create financial goals and manage their future cash flows in a time line format.
BUSINESS
Paytm VP Sonia Dhawan's lawyer alleges promoters were forcing her to sell stake
Dhawan, her husband Roopak Jain, and another Paytm employee Devendra Kumar were allegedly involved in the blackmailing
BUSINESS
Paytm data theft case: Founder Vijay Shekhar’s kin says stolen data includes 'photos, financial details'
Ajay Shekhar Sharma, Senior Vice President at Paytm, told Moneycontrol that it all started around 11 am on September 20 when Vijay Shekhar Sharma, Paytm's founder received a call from a Thailand-based number while he was in Japan.
BUSINESS
More bang for the buck for startups as fund infusions jump in size
The common thread across all these big ticket funding is clearly Softbank
BUSINESS
The business of Big Billion Days: Inside Flipkart's 'War Room'
The Big Billion Days sale consumes all hands on Flipkart’s deck as it defines the company’s market leadership. Especially, when cash-rich rival Amazon too is running The Great Indian Festival — its biggest sale of the year.
BUSINESS
Likely to exceed our sales target by fourth day of Big Billion Days: Flipkart CEO
This year, Flipkart’s festive sale -- Big Billion Days -- overlaps with rival Amazon’s The Great Indian Festival sale. Both companies started their respective sales on October 10
