E-business
Binny Bansal resigns as chairman and CEO of Flipkart group
14 Nov 2018
With both co-founders - Sachin Bansal and Binny Bansal - out of power, Flipkart, India’s largest and most popular e-commerce firm, will now be a Walmart show
Jack Ma’s swan song: Alibaba rakes in $30.7 bn on Singles’ Day
12 Nov 2018
As Jack Ma prepares to step down as chairman of Alibaba Group, the online sales promotion he has championed for a decade notched another record, notching up 213.5 billion yuan ($30.70 billion)
Amazon to buy 49% in Aditya Birla’s More retail chain in deal with Samara
20 Sep 2018
The recent deals in Indian retail space, including the Walmart-Flipkart deal, are widely seen as the government’s green light for foreign retail giants to establish themselves in India’s $400-billion food and grocery market
Alibaba’s Jack Ma to step down as chairman in 2019, CEO Daniel Zhang to take over
10 Sep 2018
A former English teacher with no technical background, Ma now intends to focus on philanthropy and education, and also pursue “new dreams,” even as he will continue to mentor management
Google Tez is now Google Pay, to offer instant bank loans
29 Aug 2018
The development puts Google in direct conflict with Paytm, which is currently India’s largest digital payments company with 150 million app downloads reported
Alibaba in talks with Reliance Retail for e-commerce JV: report
20 Aug 2018
A stake in Reliance Retail will give Alibaba an edge over Walmart and Amazon as foreign entities are not allowed to hold inventory in India and can only operate as marketplaces
Amazon’s real rival in India in the offing
16 Aug 2018
Once the draft e-commerce policy becomes law, the oil-to-telecom tycoon, who is India’s richest man, is likely to emerge as the most formidable challenger to the wealthiest person in the world, Jeff Bezos
Amazon’s real rival in India in the offing
16 Aug 2018
Once the draft e-commerce policy becomes law, the oil-to-telecom tycoon, who is India’s richest man, is likely to emerge as the most formidable challenger to the wealthiest person in the world, Jeff Bezos
SoftBank sees 50-fold rise in net profit at $2.8 bn on back of Flipkart deal
07 Aug 2018
SoftBank showed a gain of around $1.48 billion on its balance sheet due to an increase in the fair value of its stake in Flipkart, translating to a 60-per cent return on its investment ahead of its sale to Walmart
SBI, Reliance Jio form SBI YONO for digital push
04 Aug 2018
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