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Walmart buys Tiger Global's residual Flipkart stake for $1.4 billion
Retail giant Walmart has reportedly paid $1.4 billion to acquire VC form Tiger Global's remaining s…
India's startup economy stares at deepening funding winter in 2023
Indian startups, which saw a massive 35 per cent drop in funding in 2022 - from $37.2 billion in 20…
Former chief economic adviser Krishnamurthy Subramanian to be India's ED at IMF
Former Chief Economic Adviser (CEA) Krishnamurthy Subramanian will be the Executive Director for In…
Three-tier GST rate structure could be announced as soon as next financial year, says report
The idea is, sources said, to move away from the present broad five rate structure of zero, …
E-commerce platform Flipkart to buyback employee stock options worth ₹600 crore, say sources
Earlier in the day, Flipkart announced raising $3.6 billion (about Rs 26,805.6 crore) in funding…
PTI
A flurry of Indian A-list entrepreneurs buyout Chinese investor Shunwei Capital’s stake in Koo – the microblogging site that’s taking on Twitter
Bombinate Technologies, the parent company of Vokal and Koo, has shown the door to one of its early…
Vehicle price hikes to limit impact of rising input cost on OEMs, says India Ratings and Research
"The vehicle price hikes coupled with the cost rationalisation measures taken by OEMs to count…
PhonePe raises $700 million at a $5.5 billion valuation, will operate as a separate entity
PhonePe has raised $700 million in a fresh round of fundraising, at a post-money valuation of $5.5 …
Flipkart enables three new languages on its platform - Tamil, Telugu and Kannada
Over 5.4 million words translated.
Flipkart is putting the money where its mouth is— and it’s not food and groceries yet
The e-commerce giant is not going to forget its priority or change its long term strategy.
Flipkart gets leaner with a $300 million Jabong write-off as CEO Kalyan Krishnamurthy lists out the priorities for 2021
As Walmart boss Doug Mcmillon wants to “step on the gas” in India, Flipkart chief executive offi…
India’s Chief Economic Advisor uses the word ‘squatters’ to describe India’s ‘formal’ workforce while pushing for controversial labour law changes
Indian states like Uttar Pradesh, Madhya Pradesh, Gujarat, Punjab and Rajasthan have suspended many…
Flipkart partners with ride-hailing app Meru to ensure doorstep delivery of essentials
The cab operator will make doorstep deliveries across metros like Bengaluru, Delhi NCR and Hyder…
Bira91 raises $1.3 million, as losses mount for the Indian beer brand
Indian beer company Bira91 has raised $1.3 million in venture debt from Anicut capital, according t…
Economic revival in the times of Coronavirus can be slow, warns government’s chief economic advisor
Indian economy is showing signs of revival after missing growth projections for the year. The …
Flipkart app got 10 million downloads in the month before Big Billion Day Sale
Flipkart’s flagship sale event – the Big Billion Day – began on September 29, bringing relief to ea…
Indian crafts, weaves and others will now be on sale on Flipkart, as a part of its new initiative
Walmart-owned Flipkart today announced a new initiative called ‘Samarth’ to help Indian artisans, w…
India has nearly 2,000 different minimum wages and the latest Economic Survey has called for ‘uniformity’— an idea corporates won’t like
As the Economic Survey 2018-19 was tabled in the Rajya Sabha, the Indian government is looking to e…
Give money to farmers who save water, India’s chief economic advisor tells government
Saving water has to become a national priority in order to avert the looming water crisis of the co…
India's latest economic survey makes a case to use Aadhaar to create a master database for every citizen
The latest economic survey recommendation on Aadhaar, India's unique biometric identity for citiz…