Business  /  Published 16.04.21

Amazon venture fund Inc on Thursday announced a $250-million venture fund for India, focused on bringing the country’s small businesses online, as the company comes under fire from local retailers. The ...
By Reuters, PTI in New Delhi

Business  /  Published 13.04.21

Adani gains retail foothold

Gautam Adani on Monday rode into India’s booming e-commerce industry by entering into a strategic partnership with Flipkart. The tie-up will see Adani Logistics set up one of the country’s...
By Our Special Correspondent in Mumbai

Jharkhand  /  Published 12.04.21

Traders unhappy about Flipkart deal

The small time traders and retailers reeling under the impact of Covid induced recession fear the state government’s pact with Flipkart will further affect trade prospects. The JMM government h...
By Praduman Choubey in Dhanbad

Business  /  Published 05.03.21

Flipkart: shell unit idea for US

Walmart Inc-owned Indian e-commerce giant Flipkart is exploring going public in the United States through a deal with a blank cheque firm, although a traditional stock market listing is much more like...
By The Telegraph in Bangalore

Business  /  Published 17.02.21

Tatas, BigBasket near deal

The Tata group is reportedly picking up 68 per cent in online grocer BigBasket for Rs 9,500 crore a deal that could see the exit of Alibaba and some other investors. According to a TV report on Tuesd...
By Our Special Correspondent in Mumbai


Science Tech  /  Published 09.01.21

Say ‘hello’ to Vaio laptops again

Apple’s Macworld 2008. Steve Jobs on stage. “What is the MacBook Air? In a sentence, it’s the world’s thinnest notebook. So what does that mean? We looked at all the thin noteb...
By Mathures Paul in

Business  /  Published 09.01.21

Tax raids at Flipkart, Swiggy

The income tax department this week conducted searches at offices of a group firm of Walmart’s Flipkart and local food delivery startup Swiggy for alleged tax evasion by their third-party vendor...
By Reuters in Bangalore

Business  /  Published 25.12.20

Walmart-owned Flipkart rejigs board

Flipkart has rejigged its board with the addition of Flipkart Group CEO Kalyan Krishnamurthy, HDFC vice-chairman and CEO Keki Mistry and two others. The Walmart-owned firm is set to go public over the...
By Our Special Correspondent in Mumbai

Business  /  Published 08.12.20

Flipkart prepares for $10bn IPO

In India, Flipkart competes with Amazon and Mukesh Ambani led JioMart. In July, it had raised $1.2 billion from Walmart and other existing investors, which had then valued the e-tailer at $24.9 billio...
By Our Special Correspondent in Mumbai

Business  /  Published 04.12.20

PhonePe boards new investors

E-commerce major Flipkart on Thursday announced a “partial spin-off” of PhonePe as the digital payment firm raises $700 million in funding — valuing it at $5.5 billion.   In th...
By PTI in New Delhi


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