Topics: Business

RSS affiliate SJM demands robust e-commerce policy to protect small business owners from Flipkart and Amazon

The RSS affiliated SJM has passed a resolution demanding a robust e-commerce policy to protect the interests of small shopkeepers, as big online retailers...

Reports: The US to seek formal extradition on Huawei’s executive

The United States will proceed with the formal extradition from Canada of Huawei executive Meng Wanzhou, Canada's ambassador to the United States told the...

Microsoft India launches e-commerce portal for Telangana’s handloom weavers

In a bid to empower handloom weavers in Telangana, Microsoft India on Saturday announced the launch of a new e-commerce portal that will help...

India’s new e-commerce policy to hit $46Bn in sales reduction by 2020

According to a draft analysis from PwC a global consultants firm, "the new restrictions and rules brought by the Indian government, Will affect the...

Foxconn cuts 50,000 contract jobs in China

Apple Inc's biggest iPhone assembler Foxconn Technology Group has let go around 50,000 contract workers in China since October, months earlier than normal, Nikkei...
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Zomato partners with Paytm, Plans to reach 80 thousand restaurants and 11 cities by month end.

The online food delivery firm, Zomato on Thursday announced that it has partnered with an e-wallet company Paytm, to provide food ordering and delivery...

Uber to experiment with intra-city buses, quadricycles, electric scooters and auto-rickshaws in India

A U.S. based ride-hailing Uber Technologies may soon start intra-city buses, quadricycles, scooters and auto-rickshaws service in India. In an interview with Business Standard, Uber's...

Tata Motors Group sales declines by 14% in December 2018

Tata Motors on Friday reported 13.9 per cent decline in group global wholesales, including that of Jaguar Land Rover (JLR), at 1,00,551 units in...

Investors question Amazon’s future after Jeff Bezos divorce announcement with his wife

Amazon.com Inc shares see-sawed on Thursday as investors questioned how the impending divorce of company founder Jeff Bezos would affect his control of the...

Naspers backed OLX Group acquires Aasaanjobs for an undisclosed amount

Naspers-funded OLX Group has acquired Aasaanjobs for an undisclosed amount, a move aimed at strengthening the classified player’s position in the online...
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Suresh Prabhu assures startups over Angel tax issue, says will find the solution soon.

Union commerce minister Suresh Prabhu said the government will soon come up with a solution to address the problems being faced by startups with...

Tesla shares fell short after, unexpected delivery failure of Sedan 3 models

Tesla Inc shares fell 9% on Wednesday after the electric car maker delivered fewer-than-expected Model 3 sedans in the fourth quarter and cut prices...

PayPal India reports Rs 260 crore as revenue in Fiscal Year 2018, from Rs 21 crore last year

PayPal Inc, a U.S. based worldwide online payment merchant, has announced that its Indian business has reported a twelve-fold increased in its revenue in...

Uber India reports Rs 21.5 crores as revenue for March end of FY18

Uber India, a subsidiary of U.S. based ride-hailing company Uber on Wednesday announced that "The company has reported Rs 21.5 crore as revenue in...

Infibeam Avenues decline to acquire Unicommerce eSolutions from Snapdeal

Infibeam Avenues Limited an India-based e-commerce site on Friday said that it had terminated the deal of acquiring of Unicommerce eSolutions Pvt Ltd a...
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ICRA: Indian IT companies growing between 9-12% CAGR during FY18-21

Indian IT services companies are expected to grow at a compounded annual growth rate (CAGR) of 9-12 percent between FY2018-21, impacted by lower deal...

Visa to acquire British payment company Earthport for $250 Mn

Visa Inc is paying 198 million pounds ($250.6 million) to buy Earthport Plc, a British firm that facilitates international transactions for banks and businesses,...

Huawei expects $109 billion as revenue for 2018

Huawei Technologies' rotating chairman Guo Ping said in his new year's address that the Chinese tech giant's revenue in 2018 is expected to be...

Bank of Japan’s governor Haruhiko Kuroda blames stock rout on heightening global uncertainty

Bank of Japan Governor Haruhiko Kuroda blamed recent instability in stock markets on growing global economic uncertainties but said the world’s third-largest economy was...

Huawei Gets Major Setback From European Telecoms On Security Concerns continues

The US dispute with China over a ban on tech giant Huawei is spilling over to Europe, the company's biggest foreign market, where some...
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TechARC Say, Xiaomi Is Expected To Lead The smartphone Market In 2019

Backed by robust growth in smartphone as well as smart-feature phone categories, an estimated 302 million mobile handsets will be sold in India in...

Yelp and Consumer Watchdog lobby lose Google’s $2.7 billion intervention bid

Search company Yelp and lobby group Consumer Watchdog lost their joint bid to intervene in Google's challenge of a 2.4 billion euro ($2.7 billion)...

Square Yards launches ‘mortgage option’ for brokers to provide loans to their customers at best rates

Square Yards, one of the leading tech-driven real estate advisories, has been pulling out all the big guns since the inception of the “Square...

Thoma Bravo in talks to buy McAfee from Intel and TGP

Thoma Bravo, a U.S. based private equity firm is in talk with TPG and Intel for acquiring McAfee, an anti-virus software company. Citing to the...

WPP to invest $380 million in restructuring its ads network

What defines WPP? What makes it so unique? Its professional service firms, advertising and public relations, and its omnichannel commerce business are what makes...
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Amazon India partners with FISME to increase MSMEs online business opportunity.

Amazon India Thursday said it has partnered with FISME to help micro, small and medium enterprises (MSMEs) tap into opportunities in the e-commerce sector....

Apple to invest $1 billion in Texas, for building its new campus

A U.S. based technology giant, Apple Inc on Thursday announced that "It will be investing $1 billion to build its new campus in North...

Cognizant to acquire New York based content agency Mustache

Cognizant, a U.S. based Information Technology giant on Tuesday announced that it is acquiring a New-York based content agency company Mustache for an undisclosed...

Ashok leyland partners with Israeli defence company Elbit System

Ashok Leyland, an Indian automobile company on Wednesday, announced that it has partnered with an Israel based defense electronics company Elbit Systems. Vinod K. Dasari,...

Fresh Buddy raises $100 Mn in series B round funding

Fresh Buddy, the Chinese social e-commerce app on Thursday said that "It has raised $100 million in a series B round funding." The round was...
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