Indian e-payments-to-ecommerce player Paytm, backed by global giants like Alibaba and Softbank, is now looking to build a content war…
latest news on retail
Etail may Lose Rs 40,000 crore, retail to get a 3rd of it
Mumbai | New Delhi: Online retailers could take a Rs 35,000-40,000-crore hit on their FY20 revenues to comply with the…
Myntra’s CEO Ananth Narayanan in talks for top role at Hotstar
MUMBAI: Flipkart is expected to announce the departure of Myntra CEO Ananth Narayanan, from the fashion etailer on Monday, sources…
Apple demanded $1 billion for chance to win iPhone: Qualcomm CEO
San Jose: Qualcomm sought to become the sole supplier of modem chips for Apple’s iPhone to recoup a $1-billion “incentive payment”…
FinMin considers steps to prevent composition dealers from charging GST from buyers
NEW DELHI: In a consumer-friendly measure, the revenue department is planning to make it mandatory for composition dealers and service…
In 2019, Flipkart, Ola, e-grocers will all have to do biz differently
The big consumer internet players have refueled with funds raised in 2018 and are expected to outspend each other in…
CII for doubling income tax exemption to Rs 5 lakh, hiking 80C deduction limit
New Delhi: Industry chamber CII has urged the government to double the income tax exemption threshold to Rs 5 lakh…
Xiaomi woes deepen as three-day rout wipes $6 billion off stock
Xiaomi Corp.’s bad week got worse Thursday as more investors rushed to cut their losses. The stock fell 4.1 percent…
Government prohibits imports of unregistered, non-complaint electronics and IT goods
NEW DELHI: Import of non-complaint electronics and IT goods without registration with the Bureau of Indian Standards (BIS) is prohibited,…
Metro Cash & Carry profitable in India after 15 years of ops
NEW DELHI: German wholesaler Metro AG’s Indian arm Metro Cash & Carry has turned profitable 15 years after the company…