Anushree Bhattacharyya

Thugs of Hindostan: Yash Raj’s big box-office grosser this Diwali? Here is what could work for it

Starring Aamir Khan and Amitabh Bachchan, and directed by Vijay Krishna Acharya, the film is expected to be a big grosser at the box office.

Entertainment News

Google India FY18 standalone net up 33%

Google India posted a 33% increase in its standalone net profit at Rs 407.2 crore for FY18, according to filings with the Registrar of Companies (RoC) and data platform Tofler.

Industry News

The big PE, VC deal flow in Indian internet ventures: $8b in last fiscal, $7b in April to September 2018

Private equity firms and venture capitalists invested a chunky $7 billion into online ventures between January and September, data sourced from research agency Tracxn showed.

Industry News

Flipkart Big Billion Days Sale: What Walmart-backed firm is eyeing in electronics market

Flipkart is eyeing a market share of 30% in the electronics category across offline and online markets after its Big Billion Days sale, its annual festive season sale which is from October 10-14.

Flipkart, Big Billion Days, Big Billion Days sale, Flipkart Big Billion Days sale, Walmart, electronics market News

Amazon Pay India gets fresh funding of Rs 590 crore

Amazon Pay India, the online payment business of e-commerce giant Amazon, has received fresh funding of Rs 590 crore

Amazon, Amazon Pay, Amazon Pay india, Amazo fresh funding, online payment, e-commerce News

Here’s what will drive upcoming Big Billion Days & Great India sales

With the total number of shoppers this festive season tipped to jump to 20 million from 14 million last year, e-retailers are readying for bigger festive season.

Industry News

Room to grow! OYO fund-raise nets whopping $1 billion

OYO Rooms said on Tuesday it has raised $800 million in a funding round that was led by SoftBank Investment Advisers.

OYO, OYO ROOMS, INDUSTRY News

It’s a winner! Doordarshan’s Free Dish gathers 30 million subscribers even as DTH subscriptions stagnate

DTH operators have seen their subscriber bases stagnate over the last three quarters at around 67 million, data from Trai show.

Industry News

Ola parent infuses fresh capital of Rs 50 cr into cab-leasing business

ANI Technologies, which runs cab-hailing service Ola, has put in fresh capital of Rs 50 crore into its cab-leasing business Ola Fleet Technologies, according to regulatory filings sourced by data intelligence platform Paper.v

Industry News

Zomato Media’s FY18 losses narrow to Rs 106 crore on revenue increase

During the fiscal, the company’s total expenditure was down 1.5% at Rs 591.4 crore, while the employee benefit cost increased just 1% to Rs 290.4 crore.

Industry News

Whopping Rs 3,463 crore! Flipkart Marketplace invests in Indian arm

Singapore-based Flipkart Marketplace has infused Rs 3,463 crore into the Indian entity Flipkart Internet in two tranches, according to regulatory filings sourced by data intelligence platform Paper.vc.

Industry News

Amazon Prime Video to increase regional content

Amazon Prime Video, the video streaming platform run by e-commerce giant Amazon India plans to increase its regional content offering by adding more vernacular content.

Industry News

Flipkart deal: Walmart pays $2.5 bn withholding tax

Income tax rules require the buyer (Walmart) to discharge its tax liability within the first seven days of the subsequent month of closing the deal, which was approved by fair market regulator Competition Commission of India

Industry News

Temasek picks up stake in Ola parent firm ANI Technologies for $200 million, firm now valued at $3.5 billion

With Singapore’s Temasek picking up a stake in ANI Technologies — the parent company of taxi-hailing application Ola — for $200 million, the business is now valued at $3.5 billion.

ola, temasek News

Pepperfry aims to turn profitable in next 12-18 months, says CEO

Online furniture company Pepperfry aims to be profitable within next 12-18 months.

Industry News

With a slew of releases like Sanju, Baaghi 2, Fox Star Studios gain market share, while Viacom18 has given up some

A slew of releases in the past three years — from Neerja, Judwaa 2, Baaghi 2, Jolly LLB 2 to the recently released Sanju — has helped Fox Star Studios gain market share in the film production business.

Industry News

Amazon India ops receive fresh capital of Rs 2,800 crore

The infusion of fresh funds is part of the $5-billion commitment made by Amazon founder Jeff Bezos for the Indian market. With this, Amazon Inc has till date invested Rs 25,220 crore ($3.84 billion).

Industry News

We are using our brands’ popularity to create new products, says GM and senior VP dairy of Nestle India

FMCG major Nestle India is building on its dairy portfolio with the recent launch of its two new ready-to-drink cold coffees, Chilled Latte and Intense Cafe.

Nestle India, FMCG major, Chilled Latte and Intense Cafe, dairy products segment,  News

PhonePe receives fresh funding of Rs 451.6 crore

Flipkart-owned online payments app PhonePe has received fresh funds of Rs 451.6 crore from Singapore-based arm Flipkart Payments Pvt Ltd, according to documents sourced through Paper.vc, a data intelligence platform.

Industry News

Grofers says clocking Rs 150-crore revenue per month

SoftBank-backed online grocery Grofers claims it is currently clocking revenues of Rs 150 crore per month but incurs losses in the region of Rs 12 crore.

Grofers, SoftBank, Registrar of Companies, stock keeping units, Delhi, mumbai, Bengaluru News

GST cut: Most white goods get cheaper by 8%

Thanks to the recent reduction in the GST rate from 28% to 18%, washing machines, refrigerators and microwave ovens among a clutch of other goods become cheaper by around 8%, effective last Friday.

Financial Express/ GST News

Discounts take a toll on e-commerce firms: Amazon, Flipkart, PayTm continue to bleed, losses up 6% in FY17

While anecdotal and empirical evidence both confirm online shopping is becoming more popular, e-commerce businesses continue to bleed because consumers need to be pampered with discounts, report Anushree Bhattacharyya in New

Industry News

Potential for Indian subscribers paying for content not too far from reality, says COO of Eros Now

Eros Now, the video over-the-top (OTT) from the house of Eros International, posted a 276% increase in its paid subscriber base to 7.9 million in FY18, against just 2.1 million in 2017.

Industry News

Our scale of content creation is different from other video OTT players, says entertainment head of YouTube India

Despite a bunch of video over-the-top (OTT) platforms being present, YouTube continues to rule the charts in terms of user base.

YouTube, OTT platform, OTT players,  ChuChu TV,  Satya Raghavan News

This song’s different, you won’t hear it on YouTube!

As listeners tune in to free-to-use apps such as YouTube and Amazon Prime Music — part of the bundled offering for Prime subscribers —, music streaming apps such as Saavn, Gaana and Wynk are betting on original content to

Entertainment News

Maharashtra order: State takes big bite out of theatre business

In what could spoil the party for theatre and multiplex owners, the Maharashtra government on Friday said that there’s no restriction on moviegoers on taking food articles from outside and consuming them inside the cinema h

Industry News

Amazon’s Prime Day to offer steep discounts on July 16-17 – What customers must know

It’s raining discounts for online shoppers as Amazon India gears up for Prime Day, to be held on July 16 and 17.

Amazon Prime Day, amazon prime day offer, Amazon India, amazon prime day date, amazon india,  Amazon India  News
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