Indians

Flipkart expands benefits for sellers under 'Growth Capital' programme

Flipkart partially spins off PhonePe, Binny Bansal to join board of fintech co

11:43 pm December 3, 2020

New Delhi: E-commerce major Flipkart on Thursday announced a “partial spin-off” of PhonePe as the digital payment firm raises USD 700 million in funding, valuing it at USD 5.5 billion. Flipkart co-founder Binny Bansal will join PhonePe’s board of directors, along with the fintech company’s co-founders Sameer Nigam and Rahul Chari. In this financing round, PhonePe is raising USD […]

Owner of Karachi Bakery says its founder was Partition victim

10:45 pm November 27, 2020

Mumbai: The owner of Karachi Bakery in suburban Bandra has said in reply to a `legal notice’ by an MNS leader that the bakery’s founder was a victim of Partition, and its name can not hurt Indian sentiments. Haji Saif Shaikh, a local leader of the Maharashtra Navnirman Sena, had sent a legal notice to […]

UP govt’s ordinance aimed at protecting women’s rights: Smriti Irani

11:53 pm November 25, 2020

Hyderabad: Union Minister Smriti Irani on Wednesday said the Uttar Pradesh government’s draft ordinance to deal with religious conversions solely for marriage was aimed at ensuring protection of women‘s rights and all irrespective of ideology should support it. The tenets of the Constitution disallow fraudulent and illegal coercive action against a woman, she told reporters here when […]

More than half of 20-year-olds in India’s metros likely to develop diabetes in lifetime: Study

12:22 pm November 24, 2020

New Delhi: More than half of men, and nearly two thirds of women currently aged 20 years in India could develop diabetes in their life time, with most of those cases likely to be type 2 diabetes, according to a new study. The research, published in the journal Diabetologia, estimated the probability of a metropolitan Indian of […]

Diwali shopping boosted retail sales of certain categories: Retailers

8:50 pm November 23, 2020

New Delhi: Retailers Association of India (RAI) on Monday said Diwali shopping brought respite to some segments of retail, especially garments, while items related to work-from-home (WFH) continued to show faster recovery, particularly electronics and consumer durables. Citing its Diwali retail sales input data, RAI said festive-induced shopping added some impetus to the garments sector although growth was seen […]