Jack Ma-promoted firm posted 41% revenue growth in the December quarter, but chances are the growth rate will slump
Facebook posted robust December quarter earnings, beating street estimates- revenues up 30%, as over 100 million users join DAU count
Start-ups looking for an exemption from the angel tax will now have to submit their application directly to the DIPP
Flipkart Supermart, the online grocery store Flipkart launched in August 2018, has already hit a monthly sales run-rate of Rs 50 crore - a target initially set for March 2019
Set up in 2011, when online retail was just taking off, today this firm is giving the likes of DHL, BlueDart and FedEx a run for their money
SoftBank is seeking to acquire 37.87% in Gurugram-based Delhivery
The company, however, reported healthy top line growth in the quarter with revenues growing at 20.3 per cent on a YoY basis at Rs 21,400 crore while sequentially they rose by 3.8 per cent
The firm also announced a special dividend of Rs 4 per share to shareholders that would result in a payout of around Rs 2,107 crore
Around 70 per cent of the deals won in this quarter were renewals, while the remaining were new contracts, says Parekh