E-business

DPIIT organises workshop with Flipkart and Indian toy industry

12 Jun 2024

Department for Promotion of Industry and Internal Trade (DPIIT) on Wednesday orgainised a workshop with e-commerce major Flipkart and representatives of India toy industry

CSC signs MoU to convert 10,000 FPOs into CSCs

09 Jun 2024

The Special Purpose Vehicle created for setting up Common Service Centres (CSCs) has signed a memorandum of understanding (MoU)

Govt e-procurement platform GeM records transactions worth Rs3,00,000 cr in 11 months

13 Feb 2024

The integrated digital platform for government procurement, GeM, has recorded transaction of gross merchandise value (GMV) of Rs3 lakh crore

Alibaba stock plummets as former CEO abruptly departs cloud unit just before IPO

11 Sep 2023

Alibaba’s stock on the Hong Kong stock exchange dropped more than 4% on Monday, 11 September 2023, following the unexpected resignation of Daniel Zhang,

RBI’s digital currency has 1.5 million users, 300,000 merchants, says governor

10 Sep 2023

Reserve Bank of India (RBI) governor Shaktikanta Das on Wednesday said the central bank digital currency (CBDC) now has around 1.5 million users and that over 300,000 merchants

Amazon launches air cargo service for its `prime’ customers

30 Jan 2023

Amazon Air will utilise the cargo capacity of two Boeing 737-800 aircrafts operated by Quikjet Cargo Airlines to ship thousands of packages every day and fly across Hyderabad, Bengaluru, Delhi, and Mumbai

Alibaba sells 3.1% Paytm stake for Rs1,031 cr in block deal

30 Jan 2023

CCPA directs Cloudtail to recall 1,033 substandard pressure cookers sold by it, compensate buyers

07 Nov 2022

India’s RuPay card and UPI platform now operational in Oman

26 Oct 2022

Prosus terminates PayU's $4.7 billion deal to acquire BillDesk

12 Oct 2022

ONDC ecosystem goes live in 16 Bengaluru locations

03 Oct 2022

The structure of separate buying and selling platforms is one of the key differences between the closed-loop model of e-commerce – from Amazon and Flipkart to Swiggy and Zomato – and ONDC’s open network model

Pine Labs acquires fintech interface startup Setu for $75 million

24 Jun 2022

Tata Group launches superapp Tata Neu

09 Apr 2022

Tata Neu integrates all of Tata group’s most trusted brands into a single super app, offering exclusive privileges and benefits across categories

RBI issues guidelines for setting up Digital Banking Units

09 Apr 2022

Union Budget 2022-23: RBI to launch ‘Digital Rupee’ in 2022-23 fiscal

07 Feb 2022

Reliance Retail buys 25.8% in quick commerce firm Dunzo for $200 million

08 Jan 2022

Paytm stock price plummets 28% to Rs1,560 on listing

22 Nov 2021

Paytm IPO garners total subscription of 1.89 times on final bidding day thanks to QIB quota

16 Nov 2021

Flipkart to acquire majority stake in Sastasundar to boost healthcare portfolio

12 Nov 2021

Paytm parent’s IPO gains traction, subscription reaches 37% on Day 2

09 Nov 2021

Stripe acquires Bangalore-based Recko to expand its payment services portfolio

27 Oct 2021

RBI awaiting government policy directive for digital currency trials: report

02 Sep 2021

Prosus to acquire 100% equity in BillDesk, merge with PayU

31 Aug 2021

The proposed acquisition will make PayU one of the major online payment providers globally with some $147 billion in annual payment volume while the combination is expected to create a financial ecosystem handling four billion transactions annually - four times PayU’s current level in India

Narayana Murthy and Jeff Bezos to end their Cloudtail alliance

16 Aug 2021

SC rejects petition by Amazon, Flipkart against CCI probe

10 Aug 2021