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Walmart May Exit Flipkart Amid New FDI Rules: Morgan Stanley

The new Foreign Direct Investment (FDI) rules which kicked in on February 1, 2019, have come as a huge jolt for the ambitious US-based retailer Walmart. The behemoth had decided to join the huge Indian e-commerce feast barely a year...

eBay All Set for an Indian Relaunch As New FDI Rules Kick in Today

eBay could be the game changer in India eCommerce market amid the new FDI rules. As the new rules for Foreign Direct Investment (FDI) came into effect from today, the e-commerce scenario in the country is poised for a major change....

RBI Effectively Lifts All FDI Restrictions, Including Etail & Retail

It came as a surprise to me too - I was sitting with a lawyer friend yesterday and he told me "You guys must be relieved." I wasn't sure what he meant - and he referred to the new RBI...

Byju’s Valuation Crash in 2 Years: A 95% Drop to Just $1 Billion

Byju's, the Indian edtech startup that reached a valuation of $22 billion during its fundraising in March 2022, has experienced a significant downturn in its valuation. BlackRock, the world's largest asset manager and one of the early investors in...

Vivo India in Money Laundering Scandal: ED Filed Charge Sheet Against Lava Founder Among Accused

In the wake of cracking down on financial irregularities, the Enforcement Directorate (ED) recently filed its first charge sheet related to a money laundering investigation involving Vivo India and four tech executives. This move follows allegations that shell companies...

Unlocking the Enigma: Byju’s Valuation Slump and Investor Anxiety Unveiled

Byju's once again finds itself in hot waters. The latest blow comes from none other than Blackrock, the world's largest asset manager, who has dramatically reduced Byju's valuation for the second time in just three months this year. India's...

Jack Ma offloads entire stake in Paytm mall at jaw dropping valuation

When Jack Ma led Alibaba Group invested in Paytm Mall in 2017, media and experts were quick to label Paytm mall as the Alibaba of India. However, things didn't pan out as expected. Alibaba Group, which is the largest...

RIL-Future Deal Close To Collapse: Delhi HC Comes Down Heavily On Biyani

Another day, another hurdle for the Future-RIL deal! As per the latest media reports, the Delhi High Court's recent order translates into a big win for Amazon against Future Retail. The court upheld the emergency arbitrator's ruling in favour of...

India Startup Investment 2020: Pandemic Failed To Shake The Confidence Of Investors!

India’s startup ecosystem has largely been unhindered by the pandemic in 2020. The country attracted a lot of eyeballs in terms of investor interest, all thanks to the prowess demonstrated by Indian startups turning unicorns along with the massive private equity...

Weeding Out The Devil In The Details, ED Raps On Amazon India To Turn Over Documents

After their dirty laundry getting out in the public domain, the censure for Amazon India is set to draw closer. India's premier agency responsible for enforcing economic laws, the Enforcement Directorate (ED), has entered the fray now. According to fresh reports, the...
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India’s Top 3 IT Firms Let Go 65k Employees in FY24: Is Automation the Culprit?

Tech industry layoffs post-Covid have been a major concern, affecting white-collar employment in India. This trend isn't confined to...
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