Leading digital payments player Paytm said on Monday that it has reinstated its cashback feature on UPI payments for in-app promotion of the Indian Premier League with tweaks to pass Google’s Play Store policy. The Noida-based startup had withdrawn the said feature earlier this month after its app was delisted from Google’s Play Store as […]

By Urvashi Aneja, Tandem Research The Wall Street Journal’s recent report claiming Facebook’s top public policy executive in India opposed applying the platform’s community guidelines to inflammatory posts by certain BJP leaders has set off a political furore. But, this mudslinging is futile and distracts from the core issue. Here are five steps that can […]

Amazon India has set up 200 new delivery stations, both owned and third-party operated, across the country ahead of the festive season, as it looks to improve its reach especially in smaller towns from where droves of new buyers have come online during the pandemic. The company said that its investments in delivery infrastructure will […]

Representative image If the lockdown fuelled hate speech on social media, the state cyber police was not far behind in shutting it down. Cyber police have blocked at least 4,617 posts on platforms including WhatsApp and Facebook since fake news began flooding the internet following restrictions announced in March-end. In all, 644 cases have been […]

Illustration: Rahul Awasthi Reliance Retail is set to kick off an online price war this festive season as ecommerce unit JioMart forays into fashion, smartphones and consumer electronics, expanding its presence beyond grocery, said people with knowledge of the matter. Pricing will be lower than Amazon and Walmart-owned Flipkart in most cases, they said. The […]

Illustration: Rahul Awasthi Paytm’s ecommerce arm, Paytm Mall, has cut its losses by 60% to Rs 479 crore in FY20 even as the company posted a 30% decline in revenue. The financials are largely in line with the forecasts made by the firm where it had committed to reduce its cash burn by a third, […]

Illustration: Rahul Awasthi Over a hundred of investment applications, primarily from Chinese origin investors looking to pump capital into the Indian startup ecosystem, are stuck in regulatory quagmire, according to multiple people in the know. These proposals, ranging from early to growthstage investments, are on hold or are being moved between various departments and ministries […]

US retail giant Walmart has invested $560 million in Flipkart, as part of its $1.2 billion round announced in July, regulatory filings made in Singapore show. Entrackr, which first reported the investment on Saturday, cited filings which showed that Walmart had been allotted 39,57,960 equity shares in Flipkart’s Singapore unit at $141.6 per share. The […]

Following Reliance and Amazon India, Walmart-owned Flipkart has now entered the e-pharmacy space. It has partnered with Gurgaon-based 1MG, whose app is now available on Flipkart’s Android app. This means users can order prescription medicines, book doctor consultations and lab tests within Flipkart. The e-tailer’s entry in e-pharmacy is already seeing opposition. The All India […]

(File photo) The Senate Commerce Committee will vote on whether to subpoena the chief executive officers of Google, Facebook and Twitter because they have declined testify on a legal shield that protects online platforms against lawsuits, a committee spokesperson said. The vote to issue subpoenas for Sundar Pichai of Google, Mark Zuckerberg of Facebook and […]