Sensex snaps 2-day winning run, falls 323 points; RIL, TCS top dragsStreet was expecting additional stimulus measures from the US central bank, something on the lines of corporate bond buying but the Fed jus...
17 Sep, 2020, 05.42 PM IST
Sensex ends below 39,000 on losses in RIL, bank stocksBroader market indices continued their upward momentum, gaining for the third straight day. Nifty Smallcap added 0.73 per cent and Nifty Mi...
03 Sep, 2020, 05.48 PM IST
PhonePe raises over Rs 254 crore from Flipkart PaymentsThe new round of funding will help PhonePe strengthen its position in the market at a time when digital transactions are becoming a popular...
05 Oct, 2017, 08.39 AM IST
More startup buyouts poised to take place in the new fiscal, as funding winter continuesInvestors and experts tracking India’s rapidly growing startup industry have been predicting a wave of mergers and acquisitions for several...
26 May, 2016, 09.42 AM IST
Flipkart acquires former executive's startup PhonePe for payments pushPhonePe will function as an independent business unit. The details of the transaction were not disclosed, but the deal is not cash transact...
04 Apr, 2016, 05.28 PM IST
Why e-tailers like Flipkart, Snapdeal are rushing to tap the payments goldmineIndia's largest e-commerce player Flipkart recently launched a digital wallet, Flipkart Money, while its arch-rival Amazon applied for a wa...
20 Mar, 2016, 02.57 PM IST
Amazon India planning launch of digital wallet in a bid to build online payments businessAmazon’s largest domestic rival Flipkart launched its digital wallet last week as online payments increasingly become pivotal.
07 Mar, 2016, 04.00 AM IST
Flipkart launches online wallet to take on rivals like Freecharge and PayTMFlipkart Money has been launched on Android devices, where it can be topped up with Rs 10,000 at a time using credit card, debit card and n...
04 Mar, 2016, 04.40 AM IST
Online retail giant Flipkart starts talks with investors to raise $1.4 billionFlipkart has started talks with investors to raise about $1.4 billion (Rs 9,200 crore), four people aware of the development said, as it ke...
07 Jan, 2016, 04.00 AM IST
Snapdeal-owned Freecharge takes on Flipkart, Paytm with new digital walletSnapdeal-owned online recharge payments platform Freecharge has launched a digital wallet, taking on rivals Paytm and Flipkart in the mobil...
16 Sep, 2015, 06.07 AM IST