New Delhi: Global card payment companies have complied with the Reserve Bank of India’s norms on data localization as Visa…
Retail
Reliance Jio, Reliance Retail overtake RIL petchem in sales
Mumbai: In June 2015, when Reliance Industries Ltd (RIL) chairman Mukesh Ambani said retail and telecom would be the sunrise…
PhonePe, Amazon Pay’s losses balloon
BENGALURU: As in e-commerce, top players are bleeding heavily in the payments space too as competition turns fierce. Flipkart’s PhonePe…
Amazon tied up with ICICI Bank for credit cards
Mumbai: Amazon has tied up with ICICI Bank for a credit card with the biggest reward programme. Amazon Prime customers…
Too many discounts may be spoiling retail sustainability: Harish Bijoor
The trend of big festival sales is changing and every day is a festival kind of a mindset is emerging,…
Centre, states apportion Rs 32,000 crore IGST in October
NEW DELHI: As much as Rs 32,000 crore lying in the integrated goods and services tax (IGST) pool has been…
Emami’s revenue – Q2 profit declines 16 % to Rs 83 crore
New Delhi: FMCG firm Emami Tuesday reported a decline of 16.14 per cent in consolidated net profit at Rs 82.68…
Amazon bans more than 5,700 of its top reviewers
It has appeared to step up the rate at which Amazon bans reviewers which were on top, according to data…
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…
NRI taxation: Income arising from use of asset inherited is taxable
I am an NRI living in California. Recently, I got my share of family property worth ₹60 lakh. As I…