It's a move that follows months of deliberation and may finally bring Karnataka's e-commerce sector within the tax net. The state government is considering imposing one percent value added tax (VAT) on payments that e-commerce companies have to make to the sellers who list on their sites.
Cafe's are not new to Bangalore. The garden city's love for coffee has been synonymous with iconic hang outs like the India Coffee House and the more recent Moshe's. However with Bangalore's start up industry booming, "catching up over coffee" has acquired a whole new meaning.
'We are not selling out to Google' that is the clear message coming in from InMobi, one of the key players in booming mobile advertising market. Poornima Murli of CNBC-TV18 caught up with Naveen Tewari the Founder and CEO of InMobi and spoke about InMobi's growth plans.
'We are not selling out to Google'. That's the clear message coming from InMobi - one of the key players in the booming mobile advertising market. The company which taps into more than 800 million users across 165 countries says it may look at acquiring companies itself, to fuel its high octane growth plans.
This week will see the Karnataka government unveil its Budget for year 2015-16 and one of the most keenly awaited announcements is an overhaul of the state's public distribution system, reports CNBC-TV18's Poornima Murli and Pavni Mittal.
Following the crack down on private cabs in Delhi, Karnataka too, has moved to stream line private taxi services in the state. The state govt has issued a list of 25 guidelines, foremost among them being the requirement to have a valid permit to operate.