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Flipkart Raises its IPO Valuation Target to $60-70 Billion

Walmart's Indian e-commerce firm Flipkart has internally raised its IPO (Preliminary public providing) valuation goal by round a 3rd to $60-70 billion (roughly...

Zomato, Blinkit Said to Have Reached Merger Agreement

Zomato has reportedly reached an all-stock merger with Blinkit that values the instant-delivery service between $700 million (roughly Rs. 5,350 crore) and $750...

Flipkart, Walmart invest $145 million in Ninjacart in online grocery push

Bengaluru: Ninjacart, a provide chain firm for contemporary produce, has raised $145 million from Flipkart and its US-based mum or dad Walmart Inc.,...

Can Amazon crack food delivery?

When it launched Amazon Food last year to tackle the likes of Swiggy and Zomato, eating places and trade watchers anticipated the ecommerce...

Microsoft to require vaccination for US workers

Microsoft introduced Tuesday that it'll require proof of vaccination for all workers, distributors and guests to its US places of work beginning in...

Amazon, Tata Said to Push Back Against Government’s New E-Commerce Rules

Amazon and India's Tata Group warned authorities officers on Saturday that plans for more durable guidelines for on-line retailers would have a serious influence...

India to expedite Amazon, Flipkart probe as Big Tech focus intensifies

New Delhi: The Competition Commission of India (CCI) plans to expedite a restarted probe into allegations of anti-competitive behaviour at Amazon.com Inc. and...

Flipkart plans a Big Billion Day with new investors

Mumbai | Bengaluru: Walmart-owned homegrown ecommerce agency Flipkart is in preliminary talks with a clutch of latest investors to boost at the least...

Flipkart likely to bag Cleartrip for $40 million in distress sale

Mumbai: Flipkart is finalising the acquisition of Cleartrip, one the oldest journey reserving portals in India, two individuals within the know mentioned, because...

Walmart poaches Goldman Sachs bankers for a new fintech startup

Walmart Inc. has lured a pair of senior Goldman Sachs bankers to assist lead a brand new fintech startup because the retail large...

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Cyber defenders sound the alarm as F5 hack exposes broad risks – The Economic Times

A greater than year-long digital intrusion into cybersecurity firm F5, publicised final week and blamed on Chinese language spies, has defenders throughout the...

IMD issues ‘cyclone alert’ in Andaman & Nicobar Islands

“The India Meteorological Division (IMD) has issued a 'cyclone alert' in Andaman and Nicobar Islands owing to a cyclonic circulation over the Bay...

Delhi to revive homestay scheme, letting residents host tourists

The Delhi government is getting ready to relaunch its long-dormant Mattress and Breakfast (B&B) scheme, permitting residents to lease out a portion of...

Corner Office Conversation with Sridhar Vembu: Humble beginnings in 1990 to a Billion Dollar global venture

What occurs when a small Indian software program agency quietly evolves into a world SaaS powerhouse with out exterior funding or information monetization?...