With more than 2,500 restaurants now logged out against the deep discounting practices of online food aggregators across the country, the National Restaurant Association of India (NRAI) on Saturday said it will soon begin a more intense movement to stop "unethical" practices being adopted by online food apps like Zomato Gold.
In a regulatory filing late on Thursday, Future Retail said Amazon has agreed to acquire a 49 per cent stake in Future Coupons. That entity in turn owns a 7.3 per cent interest in Future Retail, according to prior regulatory filings.
Women with obstructive sleep apnea (OSA) appear to be at an elevated risk of getting cancer than men with the condition, warn researchers.
India’s Bigbasket, valued at about $1 billion, will receive $14.5 million in debt from local venture capital firm Trifecta Capital, the online grocery start-up said on Monday.
Amazon.com on Thursday reported its first profit miss in two years and said income would slump in the current quarter, as the online retailer ramps up spending on one-day delivery to spark sales growth.
Shares of Indiamart Intermesh Ltd surged nearly 40 per cent on their first day of trade on Thursday, underscoring investor confidence in the e-commerce firm following its Rs 4.76 billion ($69.12 million) initial public offering (IPO).
India has told foreign e-commerce firms such as Amazon and Walmart’s Flipkart that they must ensure compliance with new foreign investment rules aimed at deterring them from providing steep online discounts, three sources familiar with the discussions told Reuters.
E-commerce giant, Amazon India Wednesday launched its largest delivery station here in Telangana, which would improve its capabilities to speed up last-mile deliveries for customers in the neighbouring Ranga Reddy district.
The European Union’s second highest court ruled on Wednesday that Adidas’s three-stripe branding was invalid as a trademark as it lacked a distinctive character.