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SoftBank Group invests $300 million in WeWork as first installment

The WeWork investment is just the first tranche of a much larger funding round that is expected to total about $3 billion, according to the person familiar with the

March 22, 2017  |  comments ( 0 )  | 

Snapdeal appoints Jason kothari as the CEO of FreeCharge

Apart from his new role as CEO of FreeCharge, Kothari will continue his position at Snapdeal as chief strategy and investment officer. Snapdeal said, he will also join

March 21, 2017  |  comments ( 0 )  | 

GST pressure pushes e-commerce giants to offline market to sell smartphones

Amazon will start with brands like Coolpad, Motorola, Lenovo, Huawei and One-Plus and is talking to Samsung and Xiaomi to extend it to their popular models like Samsung

March 20, 2017  |  comments ( 0 )  | 

E-commerce firms will have to pay up to 1% TCS under GST

The model Goods and Services Tax (GST) law, finalised by the GST Council, provides for 1 per cent TCS to be deducted by the e-commerce operators.

March 20, 2017  |  comments ( 0 )  | 

FarEye's new technology to eb adopted by Future Group, Amway,and others

FarEye's new technology already has been adopted by Future Group, Amway, Walmart India and Landmark India, among others.

March 20, 2017  |  comments ( 0 )  | 

Coolpad launches its new smartphone 'Note 5 Lite'

Coolpad handsets are now available in physical retail stores across states like Karnataka, Andhra Pradesh, Telangana, Maharashtra and in Delhi-NCR.

March 18, 2017  |  comments ( 0 )  | 

Myntra's lifestyle brand Roadster's retail store launched in Bengaluru

Myntra has set the stage for an established online brand like Roadster that contributes over 8% to the overall revenue of the platform, to have an omnichannel presence.

March 17, 2017  |  comments ( 0 )  | 

E-business of D-Mart expects to reach USD 700 billion by 2020

D-Mart wants to utilise Rs 10,800.00 million of the net proceeds towards repayment of the term loans and redemption of NCD’s availed by the company.

March 15, 2017  |  comments ( 0 )  | 

GeM to end corruption, made compulsory for all departments to streamline government procurement

GeM was launched by the commerce ministry last year for online purchase of goods and services by various central government ministries and departments.

March 09, 2017  |  comments ( 0 )  | 

Canaccord Genuity expects to rise its global business around 10-15% within the next five years

Canaccord Genuity is also in discussions with large European and North American private equity funds, pension funds and hedge funds about potential investments in Saudi,

March 09, 2017  |  comments ( 0 )  | 

Salman Khan to venture in smartphones sector with the trademark'BeingSmart'

Salman Khan joins his peer Shah Rukh Khan in branching into businesses other than film production, har nessing their popularity to establish revenue streams in industries

March 09, 2017  |  comments ( 0 )  | 

Panasonic India launches 13 models of fully-automatic washing machines

The washing machine segment is growing at 20 per cent in which fully-automatic washing machines are growing more than 20 per cent and semi-automatic washing machines are

March 06, 2017  |  comments ( 0 )  | 

Industry experts predict new opportunities for digital payment companies in FY17-18

Merchant discount rate, or MDR, is the fee levied on merchants for availing card-payment services. Often, merchants pass on this charge to customers.

February 28, 2017  |  comments ( 0 )  | 

Paytm partners with places of public worship to enable cashless donations

Paytm's zero-cost payment system combined with a large customer-base and wide variety of use-cases has made it a viable mode of payment for one and all.

February 28, 2017  |  comments ( 0 )  | 

Snapdeal reports a 50% overall increase in the sale of GM products

Snapdeal reported a 50 percent overall increase in the sale of GM products, with maximum contribution coming from the home and kitchen categories.

February 22, 2017  |  comments ( 0 )  |