E-business
Snapdeal co founders to get $30 mn each as merger with Flipkart nears
12 May 2017
The merger of online marketplaces Snapdeal and Flipkart is now virtually confirmed, with Snapdeal co-founders Kunal Bahl and Rohit Bansal likely to receive $30 million in cash each from SoftBank on their exit from the company
SoftBank sinks $1.4-bn into Ola, Snapdeal
11 May 2017
Govt proposes online sale of petrol and diesel for home delivery
21 Apr 2017
The petroleum ministry will advise oil marketing companies like IOC, BPCL and HPCL to get into e-commerce mode of transaction for door-to-door delivery of petrol and diesel
Flipkart tightens returns policy, no more automatic refunds
21 Apr 2017
Earlier, online shopping sites offered full refund and a no-questions-asked policy to assure sceptical Indian customers to buy on their portal