E-commerce policy likely to be announced before February 25, says CAIT

Government told CAIT that it will assess the impact of the e-commerce policy and will constitute the regulatory authority for e-commerce if required.

ecommerce sector, ecommerce industry

NBFCs should be allowed to issue credit cards: Payments Council tells Nandan Nilekani-led RBI Committee

Digital payment industry body PCI suggested Nandan Nilekani headed RBI Committee on Deepening of Digital Payments to allow NBFCs issue credit cards (physical or digital).

full KYC, Full KYC deadline, How to complete full KYC, full KYC documents, KYC, e-wallets, e-wallets bank transfer,

Angel tax relief finally coming for startups; higher limit, easier definition, more on anvil

CBDT Chairman Sushil Chandra has recently stated that they have received several suggestions from startups on exempting them from Section 56(2)(viib) of the Income Tax Act.

Angel tax, Angel tax news, Angel tax relief, Angel tax update, Angel tax for startups, Angel tax concession

OYO grows over 4X on year to $1.8 billion; claims adding more rooms than top 3 hotel chains combined

OYO Hotels and Homes has said that its hotel sales globally went up by 4.3x from $0.4 billion in 2017 to $1.8 billion in 2018.

Amazon brings its own retailer Cloudtail back after tweaking structure to meet new FDI norms

India's modified foreign direct investment rules that kicked in on Feb. 1, prevent companies such as Amazon from selling products from vendors where they, or their group companies, have equity holding

Satya MicroCapital disburses Rs 680 crore in loans to 2 lakh micro enterprises

Microfinance startup Satya MicroCapital has disbursed Rs 680 crores in loans to 2 lakh entrepreneurs and micro businesses in India in less than three years of launch.

india union budget, india union budget 2019, Mudra scheme, india union budget facts, union budget date, budget of india, union budget 2019-20, facts about india union budget, india union budget interesting facts,narendra modi, finance minister, piyush goyal, india union budget 2019, union budget 2019-20, budget 2019

Reliance new e-commerce venture to boost 3 crore small retailers: Mukesh Ambani

Asia’s richest man Mukesh Ambani today said that Jio and Reliance Retail will shortly launch a unique “new commerce” platform that will empower as many as 3 crore small shopkeepers i

Beware music streaming apps: Spotify says will be a “very, very strong” player in India

Spotify's CEO said that India is a very healthy ecosystem that comprises successful home-grown as well as foreign businesses in the marketplace.

Amazon grocery service slowly returns in India after e-commerce disruption

Investors too have criticized the policy, saying the sudden changes to the e-commerce curbs raise broad worries about an unstable regulatory environment in India.

Walmart may exit Flipkart after revised FDI rules for e-commerce, warns Morgan Stanley

Morgan Stanley said there is a precedent for an exit as Amazon retreated from China in late 2017 after seeing that the model no longer worked for them.

digital india, social media, data privacy, social impact, inequality, financial inclusion, data piracy

OYO India eyes Rs 1,400 cr revenue in FY19 after logging Rs 416 crore in last fiscal year

OYO attributed the growth to "notable increase" in exclusive room supply, increase in stayed room nights by 2x and consistent margin expansion.

banking sector, banking industry, hdfc

Now sign up for mutual fund SIPs on Paytm Money without paying upfront

Paytm Money will send the SIP for registration to the AMC after the first successful payment for SIP in the mutual fund scheme is made.

IL&FS crisis, IL&FS issue, IL&FS default, ICRA, mutual fund, IL&FS NCLAT

Binny Bansal speaks up! Here’s what Flipkart founder has to say after Walmart ouster

Bansal, who still holds 4 percent of Flipkart and a board seat, has since kept a low profile.

Ola adds $16 million as its latest tranche to $1 billion war chest

The latest tranche is part of the $1 billion series J round that the company had announced planning in October last year when it raised $1.1 billion from China's Tencent and SoftBank.

Ola, ola cabs, ola insurance, ola in trip insurance, industry news

Angel tax: Government forms panel to ease tax burden on startups, says solution in next 5 days

Startups had requested the government to re-look at the policy expressing dissatisfaction over the changed norms announced last month.

Salary structure, Employee Tax Benefits, HR Manager, allowances, perquisites , tax saving, Leave Travel Allowance , reimbursements

FDI e-commerce rules: $50 billion wiped off from market cap of Amazon and Walmart

Amazon shares tumbled on the Nasdaq by 5.38% to $1,626.23 per piece on Friday while NYSE-listed Walmart's stock price ended 2.06 % lower at $93.86.

Uber, Swiggy, Zomato, Oyo to tie up with National Health Authority for Ayushman Bharat

For now Uber will set up Partner Seva Kendras in 10 cities such as Gurgaon, Delhi, Noida, Pune, Mumbai, Ahmedabad, Lucknow and Jaipur for Ayushman Bharat scheme.

Bill Gates, Bill Gates India, Bill Gates Aayushman Bharat, Bill Gates Modi Government, Bill Gates Congratulates Modi,

Swiggy makes its first AI bet; acquires this startup for technology boost

Swiggy's earlier buyouts including Scootsy, 48East, and SuprDaily, as per deals tracker Crunchbase, have been around delivery and concierge services.

Better enforcement of FDI policy on e-comm to push growth of sector: Minister

Better enforcement of this policy will contribute significantly to growth of this sector over medium and long term," he said in a written reply to Lok Sabha.

flipkart, amazon, e commerce, sme., industry, Minister of State for Commerce and Industry C R Chaudhary,

More than 2,100 startups slapped with angel tax notices, says IVCA, LocalCircles survey

From 2,883 startup responses, 45% startups had received one or two such notices while 28% startups said to have got three or more notices questioning the angel investment raised.

Union Budget 2019 Tax Slab, Budget 2019 Income Tax Slab, Standard Deduction

FDI e-commerce policy: Amazon suspends grocery service; withdraws multiple products

The rules have forced the company to take-down its key grocery service Amazon Pantry and also withdraw different products such as sunglasses and floor cleaners from its India website.

Why Reliance Mukesh Ambani e-commerce move is nothing like Birla, Tata, Godrej past experiments

How Reliance serves every single customer with timely doorstep delivery, instant returns, refunds, fight fake products etc., to take pole position in the $38.5-billion e-commerce market has to be look

reliance retail gets position in top 100 retail companies of the world Deloitte’s list 

Amazon sees “uncertainty” in impact on e-commerce sector with revised FDI norms

Amazon said that company is evaluating the situation to avoid any "unintended consequences" for its users and sellers.

amazon, amazon online

Govt cuts Rs 3 crore from FY20 allocation for Startup India programme

According to the budget documents, the government in this year's budget reduced the allocated amount to Rs 25 crore from the revised estimate of Rs 28 crore in FY19.

Ola’s revenue surges by 61% to Rs 2,222 crore in FY18; losses cut by more than half

Ola has more than halved its consolidated losses to Rs 2,842.2 crore, while growing revenue by almost 61 per cent during FY2018.

online cab, ola, online cab aggregator, uber, foodpanda, foodpanda deal, start-up foodpanda, growth rate, online food order

Flipkart slams roll out of revised FDI e-commerce policy; says decision taken in “haste”

Flipkart said that it is committed to doing everything to be compliant with new e-commerce rules even as the (FDI e-commerce) policy must be created in a consultative, market-driven manner

flipkart, cci,amazon

Retail, fintech startups dominated funding landscape between 2016-18; raised this much capital

Based on data from deal discovery platform Tracxn, retail and fintech were among the top three sectors attracting funding between 2016-18 period.

Bharat 22 ETF, Bharat 22, Bharat 22 ETF discount, ICICI Prudential Mutual Fund, mutual fund, mutual fund investors, ETF, Exchange Traded Fund
Income Tax Calculator, Budget 2019, How to Calculate Income Tax


Stock Market