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BigBasket set to close Rs 800 crore funding

BigBaskets valuation was pegged at Rs 2,100 crore, or about $320 million, ahead of the transaction, show filings submitted to the ministry of corporate affairs on November 30.

Goodbox raises $2.5 million from Nexus Venture Partners

Goodbox is looking to use the funds for merchant acquisition and building its team

Reluctant Banker Now King of $10 Billion in India Internet Deals

When Aashish Bhinde graduated from one of India

6 Global Gamechangers Revolutionising Multi-Brand Retail

The Business of FashionFrom Mumbai to Baku and Lagos to Jakarta, the more exceptional among them more than mere vehicles for tapping newly wealthy consumers now serve as essential anchors for their local fashion scenes. Operating in some of the most dynamic ...

Call drops: Trai to test 'improvement' next month

Trai had already issued regulations so that customers are compensated for up to three dropped calls per day at rupee one per call.

Foxconn invests in India's mobile internet company MoMagic

Foxconn subsidiary FIH Mobile Limited has acquired a 10 per cent stake in mobile Internet market company MoMagic which had earlier got investment from silicon major MediaTek.

War room to monitor call drops: Sunil Sood, Vodafone India

Vodafone invests Rs 500 crore in 6 months on network in Delhi - Vodafone India today said it has invested Rs 500 crore in the last six months on network optimisation and putting

MagicTiger acquires on-demand delivery app Instano

Round up of the major headlines that dominated the Startup sector, nationally and internationally.

After price cut, Nexus 5X is best smartphone to buy in India

Most tech-enthusiasts had huge expectations from the recently launched Nexus 5X by LG. People expect it to be a great value for money offering, which Nexus

Impact of China's slowdown on India depends on policy reforms: Arvind Panagariya

Panagariya said that China's slowdown is not a big surprise but quite contrary if it continued at 10 per cent for the fifth decade that would be a surprise.

Missed call: Digital India will not succeed if India's ICT access continues to be so low

The ICT Development Index of the International Telecommunication Union, which measures countries on their level of information, communication and technology (ICT) access, has ranked India at 131out of 167 countries. Among the Bri(ii)cs it comes...

Calling app Ringo suspends operations in India temporarily; denies violation

Ringo, a P2P app which lets its users make local and international calls across landlines and mobiles at a low cost without using WiFi or carrier data (2G/3G), has

Will India's call drop logjam see a breakthrough soon?

The Telecom industry was seen on cautious footing, while the Government seemed determined, at the COAI-Ericsson Broadband For All conference. Are we finally nea

DIPP likely to back ecommerce companies in legal tussle with footwear firms

The government is likely to back ecommerce companies in the their legal tussle with the Footwear Manufacturers and Retailers Association (AIFMRA).

Ouch! Flipkart suffers Rs 2000-crore wound in bruising discount war

The company expects sales to surge six fold this year, according to head of commerce Mukesh Bansal. He told ET that the company was on course to sell goods worth $10 billion.

Chennai floods: Telecom companies strive to keep services going, offer freebies to users

Leading telecom companies Bharti Airtel, Vodafone India, Reliance Communications, Aircel and state-run BSNL offered free talk time and data to pre-paid customers.

Chennai rains: Paytm offers free mobile recharge to residents

Chennai is going through one of the worst natural calamity that the state has faced in the recent times. The recent floods have taken a toll of 188 lives so

Kidswear brand Poney to invest Rs 30 crore in India expansion, plans 25 more stores

Apart from cities like Delhi, Mumbai, Bengaluru and Kolkata, Poney plans to set up outlets in tier-II cities like Lucknow, Chandigarh, Ahmedabad, Ludhiana and Pune.

Vserv ropes in Google India's retail head Nadeesh Ramachandran to head sales

In this role, Ramachandran will be responsible for driving Vservs sales efforts across India and Southeast Asia.

With growing e-commerce, Indian book market all set to become Rs 739 billion industry by 2020

India's book market, currently worth Rs 261 billion, is expected to grow at 19.3% for the industry in the next five years, thanks to the e-commerce sector.

VoLTE is the new battleground for smartphone vendors in India, courtesy Reliance Jio

Currently, 4G devices in India support data on one spectrum band and voice on another. VoLTE, which is still evolving globally, offers both voice and ..

The 2 Cent Fine for poor service India's Telecom Tycoons Say May Cost the industry $8 Billion

India is pressing ahead with an unprecedented plan to fine wireless operators one rupee (2 cents) from Jan. 1 for calls that unexpectedly disconnect mid-conversation, rejecting claims the step could cost the industry as much as $8 billion a year.

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