• NEWS
    How CarDekho is planning to redefine car ownership business

    Anurag Jain, chief operating officer of CarDekho, says he expects the automobile portal to become a unicorn by 2017. New Delhi: Brothers Amit and Anurag Jain, founders of the automobile portal CarDekho.com, went from stall to stall at the Delhi Auto Expo in 2008, patiently collecting all the brochures they could lay their hands on. […]

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    New rules, 100% FDI in e-commerce give short shrift to consumers

    Photo: iStockphoto New Delhi: The government on Tuesday allowed 100% foreign direct investment (FDI) in marketplace e-commerce companies. While this may bring regulatory clarity to the existing and future online retail sellers in the country, it may hamper consumer interest on several accounts. First, the government has now prohibited any discounts to consumers by e-commerce […]

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    E-commerce firms will have to restructure businesses

    Fashion retailers such as Flipkart’s Myntra are moving to a marketplace model, but currently depend on one seller for most sales. Photo: Bloomberg New Delhi/Bengaluru: A day after the government approved foreign direct investment (FDI) with riders in online marketplaces, law experts said many e-commerce companies will have to rework their already complex corporate structures, […]

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    Fidelity marks down start-ups; e-commerce firms to restructure businesses

    Photo: Priyanka Parashar/Mint What to watch out for New online marketplace rules fail to halt discounts, for now If you were worried that the new government rules for Internet companies will mean the end of eye-popping discounts on popular online marketplaces, breathe easy, at least for now. E-commerce firms will have to restructure businesses A […]

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    Inoperative EPF accounts to earn interest from 1 April

    EPF accounts are deemed inoperative when there is no contribution for 36 months. Such accounts stopped earning interest from financial year 2011-12. Photo: Ramesh Pathania/Mint New Delhi: The government on Tuesday reversed a five-year-old decision and announced that inoperative employees provident fund (EPF) accounts will earn interest, a move that will cheer millions of workers. […]

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    Supreme Court allows Sebi to sell Sahara properties

    Supreme Court has allowed Sebi to initiate sale of the properties to raise bail money for Sahara chief Subrata Roy. Photo: Hindustan Times New Delhi: The Supreme Court on Tuesday asked the capital market regulator to initiate the sale of Sahara group properties to raise the money payable by group chief Subrata Roy for his […]

  • NEWS
    Will Flipkart, Snapdeal, Amazon, Paytm have to stop online discounts?

    Photo: Pradeep Gaur/Mint Bengaluru: One would expect Internet companies to cheer the fact that India allowed foreign direct investment (FDI) in e-commerce marketplaces on Tuesday. As usual, however, the devil is in the details, in particular two conditions attached to the approval of FDI in e-commerce. One, no group company or seller on a marketplace […]

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    Samsung Pay launches in China; Myntra to take over Forever 21’s retail chain

    Photo: Priyanka Parashar/Mint What the world is talking about China’s top three web browsers made user data vulnerable, says report China’s top three Web browsers collected and transmitted data in insecure ways, making hundreds of millions of users’ personal information vulnerable to unauthorized access, according to a report by a Canada-based human rights research group. […]

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    Indian start-ups counting on rural reach to boost e-commerce

    Photo: iStock Bangalore/New York: Indian entrepreneurs must do a better job reaching small towns and villages at home before setting their sights on international expansion, speakers on a panel at Bloomberg’s India Economic Forum said. “We haven’t even scratched the surface yet” in India, said Radhika Aggarwal, co-founder and chief business officer of online retail […]

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    Apoorva Patni plans to invest Rs100 crore in healthcare sector

    Apoorva Patni, son of Patni Computers co-founder Ashok Patni, plans to deploy nearly Rs.100 crore in the healthcare sector through his fund Currae Healthtech Fund. Patni, who has invested about Rs.10 crore in seven healthcare technology start-ups since 2015, plans to expand the fund’s portfolios to 20 companies with an expected investment of about Rs.100 […]

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    Microsoft Surface Hub Finally Starts Shipping to Business Customers

    Microsoft’s Surface Hub, which is aimed at bringing collaboration to the conference room, has been so far delayed twice by the company. Microsoft on Friday however confirmed that the Surface Hub has begun shipping to business customers. The company touts the Surface Hub to be an innovative conference room computer which comes with an integrated […]