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Priyanka Sahay

Special Correspondent

Moneycontrol News

Oyo raises $100 million from Grab's A1 holding

BUSINESS

Oyo raises $100 million from Grab's A1 holding

Oyo has been aggressively expanding in foreign markets. Investment by Grab will give it the much needed support to make a mark in Southeast Asian countries.

Ahead of Lok Sabha polls, govt wants online retailers to go desi

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

Paytm data theft case: No decision on Sonia Dhawan's bail plea; next hearing on December 11

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.

Silicon Valley investor Asha Motwani keen to invest in big data, AI startups in India 

STARTUP

Silicon Valley investor Asha Motwani keen to invest in big data, AI startups in India 

Venture capitalist hopes to bring Google co-founder Sergey Brin to India and co-invest with her.

Paytm data theft case: Stay order on Chomwal's arrest may make it easier for Sonia Dhawan, husband to get bail

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.

Paytm data theft case: Rohit Chomwal cannot be put behind bars till credible evidence is found, says Allahabad HC

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.

Black Friday trend will get popular in the next few years: Paytm Mall

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.

Paytm data theft case: Sonia Dhawan's bail hearing date on December 4

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.

After Binny Bansal's exit, Flipkart's board to meet in London

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.

Here's how this start-up is trying to save the planet from your ‘killer blue jeans’

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

Paytm data theft case: Sonia Dhawan's family appeals for bail, next hearing on November 23

BUSINESS

Paytm data theft case: Sonia Dhawan's family appeals for bail, next hearing on November 23

This is the second bail appeal filed by the family. The first was filed immediately after the arrest and was rejected by the court.

Jabong lays off 200-250 employees as growth slows down

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

After Binny Bansal's exit, Flipkart may lay off 50% of Jabong's workforce

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

Rejig at Flipkart after Binny Bansal's exit may lead to Ananth Narayanan's departure

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

Paytm data theft case: Special court denies bail to Rupak Jain

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.

Binny Bansal refutes allegations of misconduct in letter to employees, says will remain on board of Flipkart  

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.

Flipkart Group CEO Binny Bansal resigns after probe into misconduct charges

BUSINESS

Flipkart Group CEO Binny Bansal resigns after probe into misconduct charges

While Walmart did not specify the exact nature of the charges against Bansal, a top source told Moneycontrol that the development is related to a complaint from a female colleague a few months ago.

Ecommerce firms may get a breather on TCS returns

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

Courier firms need to create compelling offering to stay ahead in the e-comm game: DHL SmarTrucking CEO

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

Oyo to raise $200 mn from new investor by December: Ritesh Agarwal

BUSINESS

Oyo to raise $200 mn from new investor by December: Ritesh Agarwal

Exclusive| Yatra laying off 270 employees as it plans to outsource non-core services

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

Paytm calling Sonia Dhawan 'conduit' to a conspiracy validates that she's being framed, says her lawyer

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

Ibibo ex-CEO Kashyap’s startup IndWealth raises $30 mln from Steadview Capital

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.

Paytm VP Sonia Dhawan's lawyer alleges promoters were forcing her to sell stake

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

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