NEW DELHI: Social ecommerce startup Shop101 is in advanced stages of raising $10-12 million from the venture capital arm of…
Former Snapdeal product head Anand Chandrasekaran quits Facebook
Anand Chandrasekaran, who was until recently, a director of platforms and product partnerships at Facebook based in its Menlo Park…
IKEA group’s profit down 26% on large investments
STOCKHOLM: The world’s biggest furniture retailer is known for its vast self-service out-of-town stores but is transforming its business model…
India is fastest growing e-commerce market: Report
NEW DELHI: Indian e-commerce market is the fastest growing online retail market among top global economies. The country’s online retail…
Xiaomi nears Rs 23k cr in revenue within 4 years of operations
NEW DELHI: Chinese phone giant Xiaomi’s revenue in 2017-18 has touched nearly Rs 23,000 crore in just four years of…
Amazon launches cloud service for satellite data
LAS VEGAS: Parabolic antennas, which are used for sending and receiving radio signals, talk to one satellite at a time.…
Parliamentary panel to take stock of debt-ridden IL&FS Group
New Delhi: The Parliamentary Standing Committee on Finance will take stock of the developments at crisis-hit IL&FS Group for three…
China’s Huawei bets big on offline retail; plans 1000 experience stores by 2020
NEW DELHI: Chinese handset maker Huawei is making its entry into the offline retail channel as a standalone brand by…
Banks move DRT to enforce guarantees provided by Dhoots for Videocon loans
NEW DELHI: A consortium of banks has applied to the debt recovery tribunal in Delhi seeking to enforce personal guarantees…
Airtel, Vodafone Idea get Trai call over minimum recharge plans
New Delhi: The Telecom Regulatory Authority of India (Trai) on Tuesday pulled up Bharti Airtel Ltd and Vodafone Idea Ltd…