BENGALURU: Amazon is investigating allegations that some employees in India and the US are sharing internal company data with merchants,…
news on retail
UrbanClap facilitates ESOP sale worth Rs 18 crore
MUMBAI: On-demand home services platform UrbanClap is facilitating an employee stock repurchase programme worth $2.0-2.5 million (Rs 14-18 crore), which…
E-commerce companies not to collect TCS from suppliers with less than Rs 20 lakh turnover: CBIC
NEW DELHI: The e-commerce companies are not liable to collect TCS on supplies made by entities with turnover not exceeding…
GST collection for November drops to Rs 97,637 crore
Government’s GST collection for the month of November dropped to Rs 97,637 crore after it crossed the Rs one trillion…
Pi Ventures, Binny Bansal to invest $7 m in Niramai
BENGALURU: Healthtech startup Niramai has raised a new round of about $6-7 million from existing investors Pi Ventures, Axilor, Ankur…
Indian startups are in the midst of a culture crisis
By Pankaj Mishra Startups have been hogging headlines recently. Remember this? ‘Paytm CEO Vijay Shekhar Sharma’s secretary arrested for blackmailing him’. And today’s…
Danube Home makes India foray from Hyderabad, to invest Rs 1,400 cr over 10 years
HYDERABAD: Dubai headquartered Danube Home, part of the Danube Group, makes India foray from Hyderabad on Thursday by opening its…
UPI registers 25% increase in transaction amounts settled
BENGALURU: Riding high on festive season sales across ecommerce sites, instant payments platform Unified Payments Interface (UPI) registered a 25%…
Higher operating costs, frauds worry payment firms
BENGALURU: Global digital payment companies operating in India anticipate a sharp increase in operating costs and heightened threat perception to…
Naspers is said to plan further investment in $2 billion Swiggy
Naspers Ltd. is planning to increase its stake in Indian online food-delivery business Swiggy as the startup plots its third…