• NEWS
    Isro Says Chandrayaan II Will Be Indigenous, Take Minor Help From US

    Opting to go solo in its ambitious Chandrayaan II project, India has decided not to take Russia on board and keep the mission completely indigenous with “minor” help from the US. Isro chairman A S Kiran Kumar said Chandrayaan II, having an indigenously built Lander and Rover, will be launched by December 2017 or first […]

  • NEWS
    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, […]

  • 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 […]

  • ELECTRONICS
    Low-Cost VR Headsets Will Boost Virtual Reality in India

    Once the virtual reality (VR) phenomenon explodes, India, with its huge smartphone base, will be a key market – but VR players will have to come up with low-cost options to entice the country’s “digital” consumers. According to experts, head-mounted devices (HMDs) that create an immersive virtual world for users is the future after the […]

  • NEWS
    Foodpanda fires over 500 employees, will stop own delivery in six cities

    In 2014-15, Foodpanda recorded a loss of Rs36 crore, on a revenue of Rs4.8 crore. Photo: Ramesh Pathania/Mint Mumbai: Online food ordering start-up Foodpanda India has laid off close to 500 employees, according to two people aware of the development. The layoffs ordered on Monday covered all business segments—sales, marketing, vendor service, customer delight, business […]

  • ALL DEALS
    Step 4: Profit. Will you make money?

    Profit may be made by generating revenue from sales or building an asset that can be leveraged to make money at a later stage. Photo: iStockphoto We are seeing a new trend in the market where start-ups are more interested in free sign-ups, number of app downloads and building online communities. Upon asking or trying […]

  • NEWS
    Uber will beat Ola within the next 30 days: Eric Alexander

    Uber has grown at almost 40% month-over-month in India, says Alexander. Photo: Hemant Mishra/Mint Eric Alexander, president of business in Asia for Uber Inc. talks about surpassing rival Ola in terms of market share in India, learnings from different global markets and about Uber’s strategy to partner with local companies to perform better locally. Edited […]

  • NEWS
    Bill Gates Says ‘Will Look Into’ Age of Empires Sequel

    Bill Gates, co-founder of Microsoft and one half of the Bill & Melinda Gates Foundation, recently took to user-curated social news website Reddit to answer any questions people had in what he said was his fourth Reddit AMA (Ask Me Anything). Gates dealt in a lot of topics, from bio-terrorism to his life at Harvard […]

  • ALL DEALS
    How will you fund your business?

    Early stage funding (seed funding) gives a business the initial boost it needs to develop a product, test an idea, hire a team and run basic marketing activities. Photo: Priyanka Parashar Your business idea needs vital resources to grow that help it become a viable and investable business. One such resource is funding. For an […]

  • NEWS
    Will online pharmacies work in India, and are they even legal?

    Zigy co-founder Hemant Bhardwaj hired three law firms just to ascertain if the business of online pharmacies was legal. Photo: Hemant Mishra/Mint New Delhi: It’s a $18 billion market set to grow to $55 billion by 2020 and it’s finally beginning to get the kind of attention from investors and entrepreneurs those numbers warrant—despite uncertainty […]