Most of Flipkart's business came from consumer electronics.
The fresh funds would be used for expansion of Meru's network.
Flipkart might consider Singapore, too, as listing norms aren't very strict.
Snapdeal to spend $1 billion on 5-6 acquisitions this year.
Your next ride via the Ola app in an auto rickshaw could be cashless.
Tata made personal investments in four companies last year.
Recently, e-commerce firms have been under the lens for tax violation.
People close to Shanghvi reveal he is known to make surprising moves both inside and outside the pharma industry.
Torrent to buy Ranbaxy's anti-bacterial generic
Each dept could handle a designated area.
FDA allows Teva to launch Nexium generic; Cipla, which supplies formulation, to gain
The company is in talks with investors and the deal could be closed in a few weeks. At present, it operates in 37 cities in India.
Unlike India, the US is a free-pricing market.
Radio taxi service provider Meru Cabs is planning to put in place the next level of driver verification, one liked to biometric identification tool Aadhaar.
Meru Cabs, one of the first radio taxi services in the country, is contesting service tax notices sent to it since 2010 in the Bombay High Court.
There are about 600,000 taxis in India, generating combined annual revenue of about Rs 11,000 crore (Rs 110 billion).
The joint entity will have a market share of nine per cent in India. Analysts tracking the company said one of the key outcomes of the merger would be to create a single brand entity of Sun and the Ranbaxy brand would eventually dissolve.
A soap bar got delivered instead of a mobile phone to a buyer, defective Diwali lights were couriered to another and fake items were dispatched in yet another case.
The big boys of India's traditional retail have finally come together to fight the onslaught of their online counterparts.
At Rs 20,000 crore (Rs 200 billion), e-commerce has seen one of the fastest rates of growth in investment activity this year.
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