FDI grew 18 percent in FY18 to reach 28.25 lakh crore
The Foreign Direct Investment (FDI) in India grew by 18 percent in 2017-18. As per the RBI data on 'Census on Foreign Liabilities and Assets of Indian Direct Investment Companies, the ...
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Liberalization of FDI policy puts India among top destinations for investing
Foreign Direct Investment (FDI) in the country grew by 18 percent in 2017-18. India received FDI of 28.25 lakh crore rupees in FY 18 which is 4, 33,300 crore rupees more ...
Reliance set to enter into e-commerce market
Reliance Industries Limited, India’s largest publicly listed company is all set to take on Amazon, the largest e-commerce platform in the world. The e-commerce market in India is in the advanced ...
India to surpass US economy by 2030, says Report
According to a report by Livemint, Standard Chartered PLC, a British multinational banking and financial organization, has predicted that India will be the second largest economy by 2030. The projection has ...
In 2018, India attracted more FDI than China
The FDI inflow in India surpassed that of China in 2018 with some mega deals like Walmart-Flipkart, and acquisitions by Unilever and Schneider Electric. Walmart’s $16 billion acquisition of a majority ...
Government tightens e-commerce norms, set to benefit local businesses
The Ministry of Commerce and Industry has barred e-commerce players such as Amazon and Flipkart from selling the products of their own subsidiaries. The e-commerce industry is around 18 billion dollar ...
India leaves China behind in Corporate deals
The year 2018 has emerged out to be one of the most crucial years for the Indian corporate sector, as foreign buyers are now spending more in India than China. India ...
An affair gone wrong, Binny Bansal made to leave
In less than 6 months after Walmart acquired 77% stake in Flipkart (which owns Myntra, PhonePe and Jabong), in partnership with Alphabet Inc. (parent company of Google), the US major has ...
India’s e-commerce market to grow fourfold to $150 billion by 2022
The market which is creating buzz in recent month is e-commerce. Investment by global players in domestic companies, the new regulatory framework, cut throat competition, anticipated entry of Reliance all this ...
Buffett’s Berkshire Hathaway to buy stake in Paytm
Berkshire Hathaway Inc., an American multinational holding company has decided to invest Rs 2500 crore ($356 million) in digital payments and e-commerce firm Paytm. Famous investor Warren Buffett is the chairman and ...
E-commerce companies Amazon, Flipkart and Paytm may face probe for offering heavy discounts
The discounting practices by e-commerce companies like Amazon, Flipkart, and Paytm may lead to a probe according to Competition Commission of India (CCI). Discounting by online retailer on their platforms is ...
How the government is planning to regulate e-commerce and how it affects you.
E-commerce is one of the fastest growing sectors in India. The country has an internet user's base of about 470 million as of July 2017, about 40% of the population. As ...
