Snapdeal has announced it has ended talks regarding its sale to rival Flipkart closing out months of negotiation in a deal valued at up to at $950 million.
With the RCEP asking for stronger protection for its investors, India is reviewing and trying to replace its investment treaties with a new model.
Shareholders of Snapdeal will now have to approve the deal, the sources told Reuters, declining to be named as the discussions are not public.
The numerous conditions and riders attached to how the e-bill system functions will almost certainly hamper ease of doing business.
A struggling e-commerce and start-up community says it has become nearly impossible to build a sustainable business.
Amazon confirmed winning government approval for its plan to sell food products, but it declined to provide further details.
If you are the owner of a credit or a debit card, there is a non-negligible chance that you may be subject to fraud. Here’s how to stay safe.
Snapdeal accused Quickdeal’s former directors and management of misappropriation, cheating, misleading and defrauding the company in tune of Rs 3.57 billion
Even though the provisions on information security and privacy in India’s 2011 IT rules are rudimentary, they are, more often than not, callously ignored.
The solar-to-tech conglomerate is seeking to secure a piece of India’s industry leaders in everything from payment systems to online shopping and groceries.
India’s online retail ecosystem currently incentivises fraudsters to participate on various platforms repeatedly. This must be stopped.
Demonetisation wreaked havoc upon the best quarter for advertisers but ad firms and media houses insist that the blip was a temporary one.
The RBI had warned that any user, holder, investor and trader dealing with virtual currencies would be doing so at his or her own risk.
UPI was downloaded more than 17 million times within two months of launching, and transaction values jumped 18 times between November and January.
The explosion of monetary incentives and subsidies triggered a gold rush. With that coming to an end, are Uber and Ola simply reproducing old exploited and informal labour markets?
A common, unified market will benefit buyers far more than farmers unless logistical and procedural issues are quickly fixed.
The external affairs ministry told Amazon that it should keep “Indian sensitivities and sentiments” in mind while allowing third party vendors to sell their products.
Proactive compliance and regulatory engagement will bring distinct advantages and not hamper the growth of financial technology platforms.
Self-censorship by Amazon comes at a time when the company is worrying about regulatory and legal obstacles on the e-commerce front in India and when our political atmosphere is going through a particularly prickly phase.
India falls well short of the pre-requisites needed to become a digital economy.
Leveraging the job creation opportunity presented by the digital economy is a ‘natural fit’ for India, with demonetisation the perfect exercise for it.
Even as the Modi government pushes India towards a digital and cashless economy, the premier body for legally resolving cyber-fraud disputes is a practically non-functioning entity.
Digital payments are largely one-sided click-wrap agreements that come with an absence of data and legal protection.
New Delhi: In a surprising turn of events, Flipkart, on Monday, announced that it had acquired fashion e-tailer Jabong from the Global Fashion Group. Over the last month, reports had suggested rival online retailer Snapdeal was on the verge of making a deal the Gurgaon-based firm, with Financial […]
Old and new economy businesses have different ways of gaining some form of monopoly in a product or a service value chain. It remains incumbent on the government to regulate this through appropriate and suitable regulatory mechanisms.
The former Google executive’s decision to leave the Japanese tech giant comes at a time when it has made a $10 billion investment foray in the country
Clocking in at a whopping 119 pages and a little over 20 questions, this is one of TRAI’s most broadly-focused and comprehensive consultations in recent times.
Will the company take us to the promised land, where rides are fairly priced and available in abundance?
Widespread disruption in the world of business has caused 70% of companies on the Fortune 1000 list to fall off the map since 2013. New entrepreneurs are emerging from nowhere to become dominant players.
In the new government rules, Amazon and Flipkart will be impacted negatively while Snapdeal and other ‘pure’ marketplaces will come out on top.
While the new equalisation levy comes with good intentions, it could have a negative impact on Indian small and medium businesses.
Should the Freedom 251, priced at Rs. 251, be held up as a shining example of Digital India?
The Government should strive to ensure that every Indian has access to the full Internet and not just some corner of it chosen by Facebook or any other technology company.
The American giant Amazon is heading towards dominating the Indian e-commerce scene in the next few years