All stories by Karan Choudhury
Indeed bets big on the gig economy
Rediff.com23 Sep 2019Indeed has seen an increase in listings for drivers, food delivery runners, and other service providers.
Zomato, valued at $4 bn, lays off 541 employees
Rediff.com8 Sep 2019The company, which has been in the news recently for all the wrong reasons, maintains that it was forced to rationalise the staff strength as improvements in technology resulted in certain redundancies in customer, merchant and delivery partner support teams.
Amazon buys 49% stake in Kishore Biyani's Future Coupons
Rediff.com23 Aug 2019Through this transaction, Amazon has managed to acquire around a 3.6 per cent stake in the Future group.
How Amrapali's Anil Sharma had a great fall
Rediff.com26 Jul 2019Cut to 2019, and his name evokes grief and anger among more than 40,000 homebuyers who are fighting for the keys to their flats, which they should have rightfully got more than seven years back.
Always ready to talk it out: Meet Karnataka's speaker
Rediff.com22 Jul 2019Over the last few days, K R Ramesh Kumar has made all efforts to ensure the Congress-Janata Dal-Secular coalition stays in power, resulting in him being under tremendous pressure.
Biyani's Foodhall plans to tap 2-hour e-deliveries segment
Rediff.com29 Apr 2019The company has entered into a strategic partnership with Scootsy, a hyper-local delivery platform
In IPO papers Uber highlights competition from desi rivals in India
Rediff.com13 Apr 2019Uber's draft prospectus for the biggest IPO in the world since Alibaba's in 2014 has projected a major cash burn for Uber in trying to get a significant market share in India, reports Karan Choudhury.
'India is not a country, it's a continent'
Rediff.com11 Apr 2019'This offers us many opportunities to meet people in different ways, and we will do this with full respect to India.'
Paytm to hire 500 techies for marketplace consolidation
Rediff.com8 Apr 2019Amid news that the company was planning to scale down its online marketplace business and eventually exit it, Paytm Mall is targeting Rs 10,000 crore in business over the next 12 months, says Karan Choudhury.
SoftBank charts mega expansion plan for Delhivery
Rediff.com25 Mar 2019With funds from SoftBank, Delhivery plans to rapidly scale up its reach from 15,000 pin codes to 20,000 by the June quarter of 2019-20.
E-commerce firms in India form their own lobby group
Rediff.com14 Mar 2019The founding members of The E-Commerce Council of India include Snapdeal, ShopClues, UrbanClap, Shop101, Flyrobe and Fynd, among others.
OYO has mega expansion plans in India, Nepal
Rediff.com13 Mar 2019Currently, the company is present in over 259 Indian cities, with over 8,700 buildings (hotels and homes) and more than 173,000 rooms.
The chink in the e-commerce draft
Rediff.com25 Feb 2019While the new norms are part of the draft policy's guidelines to fight counterfeit and fake products on platforms, they might end up helping brands and e-commerce firms sign exclusive sale deals.
'We are betting big on OYO Living'
Rediff.com21 Feb 2019'Co-living is a phenomenon that is bound to strike the right chord with young people everywhere and India will lead the charge as the testing ground for all such ideas.'
Traders threaten to take e-com players to court, if...
Rediff.com15 Feb 2019Going ahead with its festive sales as per schedule, companies such as Flipkart, Jabong, and Myntra are having week-long Valentines' Day sales, offering discounts of as much as 80 per cent. Amazon India is also offering discounts of almost 40 per cent.
PhonePe eyes $50 billion in transactions in 2019
Rediff.com28 Jan 2019PhonePe via Bharat Bill Payment System (BBPS) plans to get into a number of new verticals, including fee payments in schools and colleges, payments at hospitals and other services
Why Amazon may delay $1-bn investment plans in India
Rediff.com23 Jan 2019Amazon India is waiting for clarifications from the government on several aspects of the latest FDI guidelines to be able to carry on with business in the country. Sources said, no new investment is likely till at least the second half of 2019.
Will Santa bring good news for India's real estate developers?
Rediff.com6 Dec 2018Christmas is a perfect time for most NRIs to travel back to India and include property buying in their schedule. Ahmedabad, Kochi, Ludhiana and Chandigarh are some cities that witness generous investments from NRI investors.
Why are Uber, Ola drivers upset?
Rediff.com9 Nov 2018Cab aggregators caught between showing profitability to investors, increasing their network and dabbling in areas such as food ordering have seen a major blow to their primary business.
Cisco's John Chambers invests in Lucideus; eyes IoT space in India
Rediff.com30 Oct 2018According to sources, Chambers has led the $5-million funding round via his investment firm JC2 Ventures