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Flipkart looks to restructure team, plans to make marketplace more effective

17 Oct 2014

Flipkart, which adopted an online marketplace model in letter a year ago, has now set into motion actions to embrace it in spirit too.

India Inc Shying Away from New Investments

17 Oct 2014

India Inc still seems to be reeling under the pressures of the economic slowdown and policy paralysis that defined the UPA regime. According to a CARE Ratings study on capital expenditure by companies between FY09 and FY14, investments in fixed assets have been on a downward spiral in the last three fiscals.

Auditors get another year for internal financial controls reporting

16 Oct 2014

The government has deferred mandatory reporting of companies’ ‘internal financial controls’ by auditors, from this financial year to the next one.

Citibank and SBI experimenting human-less digital banking experience at the mall

16 Oct 2014

It’s still early in the day at Phoenix Market City, one of the largest malls in crowded Mumbai. Da Milano, Debenhams, Vera Moda and Samsung have surprising company — a State Bank of India (SBI) branch. And its unlikely location is not the only surprise.

Single window needed

15 Oct 2014

The Indian real estate sector has witnessed a roller coaster ride overthe past two decades. The bullish run during 2007-08 was followed by a decline during the economic slowdown beginning mid-2008. The startling dip in foreign investment into the realty sector bears testament to this tumultuous journey.

Wait may get longer for crowdfunding

14 Oct 2014

Mixed comments by concerned parties over the proposed crowdfunding norms have ruled out the possibility of the Securities and Exchange Board of India (Sebi) coming out with the final guidelines anytime soon. Reluctance to allow crowdfunding via social networking sites, challenges of liquidity, the proposed investment cap on the retail investors and allowing promoters to hold low stake, are some of the issues raised by the market observers.

Kishore Biyani hopes to get third-time lucky with Amazon tie-up

14 Oct 2014

“There is nothing called selling online. It’s just a technology for taking orders. It’s just an ordering mechanism wherein the platform operator doesn’t even have own products/brands to sell in the market.”

Government to bring clarity on internal financial controls

11 Oct 2014

The government is planning to clear the air on reporting of internal financial controls made compulsory in the new Companies Act.

Can online discount sales create a lasting impact?

07 Oct 2014

After spending tens of crore rupees on advertising, and in preparing their websites and logistics teams for the expected flood of deal-hunting shoppers, did Flipkart , Amazon and Snapdeal actually benefit from the big sale on Monday?

MAT-paying firms get relief as govt tweaks norms

04 Oct 2014

The government has given relief to minimum alternate tax (MAT)-paying companies, which were calculating the depreciation of assets using their own judgment.