The Indian state of Uttar Pradesh has a reputation as a rough place, with one of the highest levels of crime in the country. In May, a dozen local politicians received WhatsApp messages that threatened harm to their families unless they paid $14,000. Yet…
As the deadline for payment companies to comply with the Reserve Bank of India’s (RBI) data localisation rule ran out, major payment network players, including Visa and Mastercard, were in breach. While there was no official word on the status…
A long-drawn battle for supremacy is underway in India’s online navigation space and the country’s oldest mapmaker, MapmyIndia, is busy readying its war chest to slug it out. MapmyIndia, owned by CE Info Systems that was founded by the husband-wife…
It was a late January morning. Bitter winter had just taken leave of Delhi. Rakesh Verma, founder and CEO of MapmyIndia, settled down in his Jaguar, tapped on the built-in navigator and entered the destination: Kailash Colony Metro Station, barely…
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India’s largest e-commerce company Flipkart’s recent fundraise of $1.4 billion (around Rs 9,000 crore), the biggest-ever in the country’s burgeoning consumer internet sector, has undoubtedly filled its coffers for now, but it also begs some important questions. Will this be…
A decade after allowing Amazon to start what would become India's largest online marketplace, Flipkart co-founder Sachin Bansal appealed for government protection against his former employer. "Alibaba could approach the e-commerce unit as a complement to Paytm's core business, hoping…
Start-ups, the playfield of the young and the restless, have had a hard reality check. Sanchit Vir Gogia, Founder & CEO, Greyhound Knowledge Group, calls 2016 “a year of anxiety” for Indian start-ups, with “a much-needed market correction” that saw…
If Snapdeal follows the rule of the game, the company would deny any kind of merger talks with rival Paytm, or with investor Alibaba, unless a deal is concluded, at least verbally. “It will offer a new lease of life…
Below are some of the latest tweets on this topic. Read a more updated thread by clicking on any of the tweets from below. https://twitter.com/s_v_g/status/818641623621869569 https://twitter.com/s_v_g/status/818641826546520064 https://twitter.com/s_v_g/status/818642669559693313 https://twitter.com/s_v_g/status/818644002027122689 https://twitter.com/s_v_g/status/818654417964568578 https://twitter.com/anshoo_n/status/818678717270478848
Click to see the video https://www.facebook.com/cnbctv18india/videos/1199544183416311
Online retailer Flipkart is now following global pioneers like Amazon and Google to build its own servers and networks. The move is aimed at creating a platform that responds to specific requirements. The decision to build its own servers follows…
India’s e-commerce industry could see a major shake-up if online retailer Snapdeal’s preliminary conversations with local rival Flipkart and US-based Amazon to explore a possible merger make any headway. But a Flipkart-Snapdeal merger is a more likely scenario than a…
by Yahoo! Inc. has agreed to sell its core operations to US telecom giant Verizon Communications Inc. for $4.83 billion in a transaction that marks the end of the Internet pioneer as an independent company after a two-decade-long journey. Greyhound…
Yahoo, one of the biggest Internet services companies of yesteryears, has been acquired by US telecom major Verizon for $4.83 billion in an all-cash deal. While the acquisition is being seen by many analysts as the end of the road for…
Yahoo, that has been restructuring its business for year now, finally sold out to Verizon. Verizon sealed the deal for $4.83 billion, all in cash. This acquisition gives Verizon access to Yahoo’s advertising technology tools such as BrightRoll and Flurry, assets…
On 25 July 2016, Verizon Communications confirmed its plans of acquiring Yahoo’s operating business for USD 4.83 billion. The sale includes Yahoo’s content offerings in News, Sports, Finance, Yahoo Mail, Brightroll (programmatic advertising technology), Flurry (mobile application analytics solution) and…
Tim Cook started his India tour with an obeisance to Lord Ganesha, the favourite deity of those in trouble, at Mumbai’s Siddhivinayak temple. Cook did not put all his faith in religion alone, he also leaned on India’s other obsessions. The…
Alibaba is reportedly trying to cement its cloud business with plans to open a data center in India this year. According to Indian newspaper Business Line, China's e-commerce titan has plans to boost its cloud computing business in India likely through…
Chinese e-commerce giant Alibaba Group is poised to announce its India entry with a data centre. The Hangzhou-headquartered company, which is planning to enter the fledgling e-commerce market in India this year, probably through an acquisition, wants to set up a local data…
E-commerce major Flipkart, with 75 million registered users, has gone back to explaining the basics of online shopping to Indian shoppers with its TV ad campaign, Flipkartmatlab bilkul pakka. The two-film campaign seeks to reassure customers that they can never…
When Jack Ma visited India in November, he said he was keen to do business with companies here. In just two months, the Chief Executive Officer of Alibaba has made good his intention by taking a 25 per cent stake…
