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RBI To Banks: Limit Ownership Stake In Insurers At 20%!

The Reserve Bank of India wants banks to limit their ownership in insurance companies! According to three sources in the know, RBI has unofficially directed Indian banks to cap their maximum threshold limit for holding ownership in capital intensive insurance...

Flipkart Quickly Learns From the Mistake Amazon Did: Setting Up A Level Playing Field For Sellers!

Unlike Amazon which allegedly implemented unethical strategies to tackles India’s FDI policy for e-commerce marketplaces, Flipkart plans to do it right! People in the know have revealed that the Walmart-backed homegrown e-commerce major plans to introduce a new tier of...

SC Halts Future-Reliance Deal, Amazon Inches Closer To Victory!

The Reliance-Future Group deal is in the soup once again! Amazon, which has long been determined to stop the fruition of the Future-Reliance deal, has inched a step closer to victory. Today, the Supreme Court of India has issued notices...

Amazon’s Dirty Secrets To Dupe GOI And Small Sellers Now Revealed!

Amazon’s dirty secrets are out and its making heads turn in shock and disbelief! According to Reuters which reviewed the internal documents of the e-commerce giant, Amazon has given preferential treatment to a small group of sellers on its India...

Campsite India: Amazon to Make A Production Splash, Starting With Fire TV Stick

As it seeks to spread its roots even further in the country, Amazon.com, Inc. (NASDAQ: AMZN) is all set to kick off its manufacturing operations in India. In what is a first for the e-commerce giant e in India, the...

Job Seekers This Way: Indian Tech Industry To Swell By 1.38 Lakh Fresh Hires!

If you’re a fresher looking to take the first steps in your career, head straight to the sign that says “Indian tech industry”, and you’ll find yourself in a land replete with opportunities. The jubilant signs are all according to...

What’s In Store For India After Jeff Bezos Steps Down As Amazon CEO? Find Out!

The news of Jeff Bezos stepping down as the CEO of Amazon.com, Inc. (NASDAQ: AMZN) sent shockwaves across the entire business community. It is being gauged that the move will surely result in ripple effects affecting various global destinations...

Indian Startups Are Gearing Up to Make the Most of 2021

2020 was a year full of strangeness and uncertainty for people and economies alike. Due to the pandemic, the prospect of profit and investment dwindled for many companies, especially startups. The first half of the year saw thousand of...

Revenue Of Amazon India Wholesale Tumbled Down 70% In FY20

Oh, how changes in the government’s diktat can fell even the mighty. Going by the reports today, it looks like Amazon India’s wholesale unit has found that out the bitter way. According to regulatory documents sourced from business intelligence platform...

Backed By Microsoft And Google, DailyHunt Is India’s Newest Tech Unicorn!

India just got its new tech unicorn all thanks to Google and Microsoft! Dailyhunt’s parent company Verse Innovation recently raised more than $100 million from Microsoft, Google and Falcon Edge’s Alpha Wave Incubation along with their existing investors Sofina Group...
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Meta Q1 2024: Jaw-Dropping Surge in Revenue and Net Profit, But Reality Labs Burning Billions

Meta Platforms, Inc. (NASDAQ: META) has unveiled its financial results for the first quarter of 2024 and it is...
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