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Modi govt throws battered telcos a Rs 42,000-cr lifeline

The deferred amounts to be paid by telcos will be without increase in the time period, the FM said.

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Nov 21, 2019, 04.43 AM IST

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Flipkart and Amazon clock Rs 31,000 crore in festive sales

The average order value for Flipkart stood at Rs 1,976 versus Rs 1,461 on Amazon, indicating that customers bought higher-value items from the Walmart-owned marketplace. Flipkart led with 64% share of the combined gross sales while Amazon continued to fare higher in net promoter score (NPS). NPS measures the loyalty of customers to a company.

Snapdeal in talks for $100m at valuation of $800m-1.2bn

The new round is expected to benchmark a new valuation for Snapdeal besides testing i...

Ex-Housing CEO in fray for WeWork top job

When asked about the development, a SoftBank spokesperson said, “We don’t comment on speculation.”

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