BUSINESS
Exclusive: Ashneer Grover demands Rs 4,000 crore to leave BharatPe
Alvarez & Marsal and PwC are conducting a governance audit of BharatPe, examining allegations of fraudulent and related party transactions
BUSINESS
Exclusive: Suhail Sameer manipulated me into going on leave, says BharatPe founder Ashneer Grover
BharatPe founder Ashneer Grover has added a new layer of controversy, calling CEO Suhail Sameer the board's puppet, as communication lines among founder, CEO, board members and employees seem to have broken down.
BUSINESS
'I've been waiting for a bear market,' Zomato CEO tells staff as share suffers a steep fall
"We had no control over our valuation going up from $8 billion in the IPO to $17 billion at our peak, and vice versa now," said Goyal.
BUSINESS
Ashneer Grover vs Uday Kotak: BharatPe's co-founder sent notice to Kotak Mahindra Bank for missing share allocation in Nykaa's IPO
The case pits Grover, one of India's most successful new-age entrepreneurs, against one of its wealthiest and most respected, Uday Kotak.
BUSINESS
Visit to a dark store: Here’s what it takes to deliver that bag of groceries to you in 10 minutes!
With express grocery delivery becoming the new normal, Moneycontrol brings you a picture of the functioning of dark stores – an indispensible facet of the new-age economy.
BUSINESS
Flipkart vs Meesho: A new war in Indian e-commerce
Moneycontrol learns from sources that six-year-old Meesho's rapid expansion and quality of execution have taken India's original internet poster boy, Flipkart, by surprise
BUSINESS
Zomato's 'clean-up' drive continues as after grocery, it shuts down nutraceutical business
Nutraceuticals are defined as any food-related product which provides medical or health benefits. This could range from food to beverages or even tablets with a claim of prevention or cure of chronic diseases.
BUSINESS
E-commerce companies pose risks to livelihood of millions of people: Piyush Goyal
Large online marketplaces have the money, technology and ability to sustain operations for a long time and their presence could lead to job losses among those working in small stores, Piyush Goyal said.
BUSINESS
Let CCI investigate if you haven't done anything wrong: Piyush Goyal tells Amazon, Flipkart
The Union minister's comments come at a very crucial time when the division bench of the Karnataka High Court is expected to pronounce its judgement on whether CCI can investigate the two companies or not.
BUSINESS
NCLT admits corporate insolvency proceeding against Oyo subsidiary
Oyo has challenged the NCLT order in the National Company Law Appellate Tribunal.
BUSINESS
Moneycontrol Masterclass: Tech world is having a war for skills like never before
According to experts, in-demand roles include tech stack developers and front end developers, data engineers and executives with cloud computing skills.
BUSINESS
Here's how an online article on real money gaming landed Vishal Gondal in legal soup
The whole saga started after Gondal wrote an article which was published by Medianama in January titled -- In The End, The House Always Wins: The State Of Real Money Gaming In India.
BUSINESS
Explained: India's new draft e-commerce policy and how it will impact the e-tail space
Moneycontrol has reviewed the unofficial draft to bring an account of the key issues raised and how this will impact the booming online commerce space going forward.
BUSINESS
Fresh trouble brews for Amazon soon after it announces plans to manufacture in India
Amazon is known to be having a set of preferred vendors who get a majority of the business generated by the e-commerce giant.
BUSINESS
Meet new Amazon CEO Andy Jassy: Blend of wit, humour and customers-first approach
An old-timer at Amazon, Andy Jassy is also known for his wit and humour. He apparently does not think twice before taking a pot shot at competitors.
BUSINESS
Exclusive: It’s party time for Zomato, ahead of potential IPO
Zomato, which is currently running a pilot in the National Capital Region, is hoping to cash in on people’s preference to party at home instead of going to public places. The food-delivery company has tied up with three- and four-wheeler service providers to make deliveries since bike riders cannot handle bulk packages.
BUSINESS
Like A Boss | Ecom Express’ TA Krishnan on why micro-managing is bad, the benefits of participative leadership and why he recommends The Art of War
TA Krishnan on leaders who have influenced him, his management style and advice to the new crop of leaders.
BUSINESS
Reliance-Silver Lake Deal: Here's all you want to know about Reliance Retail
Silver Lake Partners is investing Rs 7,500 crore in Reliance Retail in exchange for a 1.75 percent stake.
BUSINESS
RIL AGM 2020: Nearly half of Google's India Digitisation Fund to go into Jio
Internet giant to pick up 7.7 percent stake in Jio Platforms for $4.5 billion.
BUSINESS
India’s TikTok clone Chingari in talks to raise $10 million
The homegrown video making app, which claims to have 22 million downloads, has seen unprecedented growth following the ban of Chinese app TikTok in India and the anti-China sentiment in the country.
TRENDS
59 Chinese apps banned | Never compromised on security; provided employment to Indians: Club Factory
The Ministry of Information Technology, on June 29, banned 59 mobile apps citing national security, saying they are engaged in activities which are "prejudicial to the sovereignty and integrity of India, defence of India, security of state and public order.
COMPANIES
New CEO could replace Krishnamurthy at Flipkart a year after Walmart's big bang acquisition
US retail giant redrawing strategy ahead of shareholders’ meet in the first week of June
BUSINESS
Ola banned in Bengaluru for 6 months; calls decision unfortunate
The company was running bike taxis in the city which was reportedly illegal given the lack of a policy framework.
BUSINESS
New FDI e-commerce rules: DPIIT likely to summon food-tech firms like Swiggy, Zomato next week
"DPIIT has said they will call all the restaurant aggregators for a meeting. Given that they aggregate restaurants, they too are in the business of e-commerce," a source told Moneycontrol.
