India is Xiaomi's largest market outside China, and it boasts an installed base of some 70 million phones there.
Facebook is looking to deepen its reach in one of the world’s biggest internet markets.
Even if only 1% of Paytm’s over 300 million customers use the new credit card, that will add huge number to Citi's existing customer base.
L&T's hostile bid to acquire a controlling stake in Mindtree is the first in India's over $154 billion software services industry.
RCom said the airwaves deal had been called off by "mutual consent" due to objections from India's telecom department and more than 40 of the company'
The proposed overhaul, which may increase operating costs for the sector, comes two months after India modified norms governing FDI in e-commerce.
Amazon was forced to remove hundreds of thousands of items sold by top vendors Cloudtail and Appario as it indirectly held 49 percent equity stakes in
New federal rules, which bar companies from selling products via vendors in which they have an equity interest, forced Amazon India to remove hundre
The company's current debt to lenders stands at 380 billion rupees ($5.32 billion) of which it owes 198 billion to local lenders and 182 billion rupee
Bose’s appointment is the first time WhatsApp has created a country head role anywhere in the world.
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