Reliance, controlled by India’s richest man Mukesh Ambani, said it will acquire a 51.3 percent stake in Hathway Cable and Datacom Ltd for $399 milli
WhatsApp rolled out a test of its payment system in India, its biggest market by users, earlier this year.
Ajit Mohan will take up the role of managing director and vice-president of Facebook India.
The row has erupted amid heightened debate about user privacy and how technology firms treat data in India and abroad.
The U.S. tech company would effectively own a stake in More's supermarkets and hypermarkets, intensifying competition with rival Walmart, which acquir
The move to launch a Hindi app and website could give Amazon access to tens of millions of new customers in India’s small towns and villages.
Paytm Mall is also open to buying a stake in another retailer or selling a stake in Paytm Mall if a “strategic alignment” is needed.
Amazon is also learnt to have offered Flipkart a breakup fee of $2 billion.
The US retail giant has been in talks with Flipkart for months to acquire a controlling stake in the firm as it looks to take on rival Amazon.com Inc
Japan's SoftBank Group, which owns roughly one-fifth of Flipkart via its Vision Fund, is unlikely to sell any of its shares due to the low price being
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