Walmart's Acquisition Of Flipkart Will Be A Good Deal For E-Commerce In India
Walmart's Acquisition Of Flipkart Will Be A Good Deal For E-Commerce In India
The wooing of Flipkart has made India a key battlefront in the fight between the two American retail giants as they look towards global retail dominance.

 
India to formulate national policy on e-commerce; think-tank formed by GoI
India to formulate national policy on e-commerce; think-tank formed by GoI
To partake in multi-trillion dollar digital economy and address emerging concerns of ecommerce, privacy and data security, Indian government has moved to develop a ‘National Policy on e–Commerce’.

 
Paragon Partners, others pour $20 mn into tea retailer Chai Point
Paragon Partners, others pour $20 mn into tea retailer Chai Point
Bangalore-based Mountain Trail Foods Pvt. Ltd, operator of the Chai Point network of tea stores, has raised $20 million (Rs 131.5 crore) in a Series C round of funding led by private equity firm Pa…

 
Virtuous enters Delhi real estate, to invest up to Rs 800 crore
Virtuous enters Delhi real estate, to invest up to Rs 800 crore
In a first round of funding it has invested about Rs 350 crore while total investment would go up to Rs 800 crore, two people familiar with the matter told ET.

 
Godrej Security eyes 20% growth in home safes biz
Godrej Security eyes 20% growth in home safes biz
Godrej Security Solutions, a division of Godrej & Boyce Co Ltd, plans to ramp up its presence in tier 2 and tier 3 locations as it seeks to grow the revenue of its home safes business by more than

 
How Flipkart plans to make televisions a Rs 5000Cr category this fiscal
How Flipkart plans to make televisions a Rs 5000Cr category this fiscal
With exclusive partnerships with global brands, specialised distribution network and plans of same-day delivery, the e-commerce giant is hoping to retain the market share of TVs sold, while bolstering...

 
Prime Added Maximum Users In India In Its First Year In Amazon's History: Jeff Bezos
Prime Added Maximum Users In India In Its First Year In Amazon's History: Jeff Bezos
In its latest Annual Shareholder letter, Amazon Inc. founder Jeff Bezos has claimed that its paid subscription service, Prime, added more members in India in its first year than any previous geography in the company’s history.

 
Himalaya Optical eyes PE funding for expansion
Himalaya Optical eyes PE funding for expansion
With GST benefits leading to an improvement in bottomline, Kolkata-based eyewear-maker Himalaya Optical is now looking at a pan-India presence. In fact, the company is also eyeing PE funding as a part

 
Dutch fund-backed company acquires stake in north Delhi Metro mall
Dutch fund-backed company acquires stake in north Delhi Metro mall
Virtuous Retail is a joint venture between Singapore-based Xander Group and the Dutch institutional investor. Its India Chapter is based in Bangalore.

 
DLF may sell Noida, Delhi assets to GIC Ventures
DLF may sell Noida, Delhi assets to GIC Ventures
The company today announced the handover of the Gurugram-based luxury project, The Skycourt.

 
Looming Flipkart Tax Ruling on Discounts Creates 'Panic' in India
Looming Flipkart Tax Ruling on Discounts Creates 'Panic' in India
A pending tax court ruling could stymie foreign companies trying to enter or advance in the Indian marketplace by offering steep discounts on consumer goods—a common practice among e-commerce...