The Directorate General of Goods and Services Tax Intelligence (DGGI) sent a summons to Uber and Ola officials on Monday regarding tax evasion allegations against the two companies, Business Standard has reported. The investigation will look into alleged tax evasions...

The retail giant Reliance Retail gobbled up another startup Urban Ladder by acquiring 96% stake for Rs 182.12 crore, yesterday. But this time it wasn’t a regular run-of-the-mill acquisition. This is neither the first nor the surprise move made by...

The top executives of Ola and Paytm must be disappointed. As the waves of the pandemic slowly recede from the shores of pandemic-hit businesses, they reveal the debris left behind. While some have managed to get by, others have...

Silver linings are clearly in short supply in the pandemic fuelled world that we have come to know. In a rare exception, one can safely use the term for the online food and grocery market, which borne of this...

The outbreak of the coronavirus pandemic led to many Indian startup unicorns facing massive business slowdown which then led to humongous losses. Now, even after slashing their marketing spends and laying off a significant portion of employees, many startups...

It's pretty much evident that the food delivery space in India is all set to get riled up soon enough as one of the biggest global e-commerce giants Amazon has decided to finally take a dig at it. In the...

After laying off thousands of employees in the US, Uber is scaling down its operations in India now. Uber is downsizing its workforce in India by letting go its 25% of employees. The company hopes to reduce expenses in...

The latest news of Zomotao layoffs shouldn't surprise many as the writing was on the wall. The food delivery startups in India are going through a tough phase as the lockdown situation appears to enter into the 4th phase amid...

It seems in India, when booze is involved, trails of money and opportunity eventually follow. And it is the liquor delivery sector, which has led to companies, services, startups and entrepreneurs alike eyeing a huge windfall. All liquor shops and distributions...

The long-anticipated Amazon Pay Later service is finally made available to all of its customers in India. Amazon India has just launched “Amazon Pay Later”, offering instant credit to online shoppers to shop for products or pay utility bills. The...