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Not Every Development An Event For Disclosure: Future Retail Tells Amazon

India, Nov. 27 -- The on-court drama across two countries and the off-court media slanging match between Kishore Biyani-led Future Retail Ltd (FRL) and ecommerce giant Amazon has taken a new spin. FR... Read More


Amazon Pay, Paytm, PhonePe Onboarded As New Shareholders In NPCI

India, Nov. 27 -- In a move to diversify and distribute its shareholding to a larger set of the RBI regulated entities, the National Payments Corporation of India (NPCI) has completed the process of a... Read More


Google India FY20 Revenue Rises 35% To INR 5,593 Cr, Profit Up 24%

India, Nov. 27 -- Tech giant Google saw its India revenues grow 34.8% to about INR 5,593.8 Cr in 2019-20 over the previous financial year, as per regulatory documents. Google India's total income was... Read More


Amazon, Flipkart, Others Clock $8.3 Bn In 2020 Festival Sales; Up 65% From 2019

India, Nov. 27 -- It was a blockbuster festive season sales this year for ecommerce giants Amazon, Flipkart and others. According to a report by consulting firm RedSeer, India's online festive sale du... Read More


Govt Issues Fresh Guidelines For Cab Aggregators; Puts Cap On Surge Pricing

India, Nov. 27 -- In an attempt to make aggregators accountable and responsible for their operations, while ensuring customer safety and driver welfare, the Union road transport and highways ministry ... Read More


Govt Issues Fresh Guidelines For Uber, Ola; Puts Cap On Surge Pricing

India, Nov. 27 -- In an attempt to make aggregators accountable and responsible for their operations, while ensuring customer safety and driver welfare, the Union road transport and highways ministry ... Read More


Amazon Fined For Not Displaying Country Of Origin On Products

India, Nov. 26 -- Ecommerce major Amazon has been fined INR 25K for not displaying mandatory information, including the country of origin, of products sold on its platform. Last month, the consumer a... Read More


Amazon Fined INR 25K For Not Displaying Country Of Origin On Products

India, Nov. 26 -- Ecommerce major Amazon has been fined INR 25K for not displaying mandatory information, including the country of origin, of products sold on its platform. Last month, the consumer a... Read More


Zerodha-Backed Rainmatter Invests INR 10 Cr In ERPNext

India, Nov. 25 -- Zerodha's fintech fund and incubator Rainmatter has invested INR 10 Cr in open-source enterprise resource planning software ERPNext. Founded in 2008 by Rushabh Mehta, ERPNext offers... Read More


Cashfree Bags $35 Mn In Series B Round Led By Apis Partners, Plans To Muscle Up R&D

India, Nov. 24 -- Bengaluru-based payment gateway platform Cashfree has raised $35.3 Mn in a new financing round. The startup's Series B was led by London-headquartered private equity firm Apis Partne... Read More