'India needs FDI, foreign innovation but safety and security are also important'

Union Minister Ravi Shankar Prasad on Tuesday said foreign investments and innovations are welcome but at the same time, the government is focussed on promoting Indian innovation as well as keen on......

Noose tightens around Chinese e-com firms evading duties

The government is looking to plug loopholes in the Indian customs law provision that allows tax exemptions for gifts up to Rs 5,000 and trade samples up to Rs 10,000 sent to India from abroad.......

Alibaba has hair-raising business plans for India

Chinese e-commerce group Alibaba is betting big on Indian hair to meet the growing demand from the West, including the US and the UK. The privately-owned Hangzhou-based group, which has been in......

Paytm chief shares tit-bits of his life & alliance with Alibaba

Paytm’s Vijay Shekhar Sharma reveals his ‘20-minute’ meeting with Alibaba’s Jack Ma that lasted for two hours. Image: Paytm chief Vijay Sharma Alibaba's Jack Ma.......