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Opinion  /  Published 14.09.21

What do unicorns mean for the economy?

The rise of Indian unicorns — start-ups that reach $1 billion in valuation — has raised hopes of innovation and entrepreneurship-driven growth at a time when Covid-19 has caused much damag...
By Renu Kohli

India  /  Published 19.08.21

Did Piyush Goyal overstep his brief?

So, the big question is whether Commerce Minister Piyush Goyal overstepped the mark when he dressed down the country’s business elite in a speech last week. Speculation is rife about why Goyal c...
By Paran Balakrishnan in New Delhi

Business  /  Published 19.07.21

Flipkart draws line on Amazon

Walmart’s Flipkart should not be treated the same as rival Amazon in the ongoing antitrust probe as the evidence against the two firms was “qualitatively different”, Flipkart argued ...
By Reuters in New Delhi

Business  /  Published 13.07.21

Flipkart gets $3.6 billion

Flipkart has raised $3.6 billion (Rs 26,845 crore) in a fresh funding round, valuing the e-tailer at $37.6 billion (Rs 2.81 lakh crore). The infusion saw the participation of Walmart and others, inclu...
By Our Special Correspondent in Mumbai

Business  /  Published 27.06.21

Singapore snubs PhonePe

Digital advertising firm Affle claims to have won the initial legal battle in a case filed against it by Walmart-owned PhonePe in a Singapore court in the Indus OS stake sale matter. PhonePe had plac...
By PTI in New Delhi

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Business  /  Published 17.06.21

Flipkart expands in Bengal

Walmart-owned e-commerce firm Flipkart on Wednesday said it has expanded its presence in Bengal by adding a 2.2-lakh-square-feet fulfilment centre at Dankuni in Hooghly district.   Wit...
By A Staff Reporter in Calcutta

Business  /  Published 09.06.21

Softbank eyes Flipkart return

Flipkart, the Walmart Inc-owned e-commerce firm, is in talks to raise at least $3 billion from investors, including Japan’s SoftBank Group and various sovereign wealth funds. The possible retur...
By Our Bureau in Mumbai

Business  /  Published 01.05.21

AstraZeneca: $ 275m vaccine sales

AstraZeneca said its Covid-19 vaccine sales were $275 million in the first-quarter and it is on track to deliver 200 million doses a month from April, as better-than-expected results and a second half...
By Our Bureau, Reuters in London, 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

Business  /  Published 13.03.21

ED quizzes Amazon

The Enforcement Directorate has recently asked Amazon for information related to its operations in the country as the agency continues to investigate the US e-commerce giant, a senior agency source sa...
By Reuters, PTI in New Delhi


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