India

India and U.S. resolve to work through their trade differences

NEW DELHI (TIP): India and the U.S. resolved to “work through” their differences which have led to an impasse on trade issues as External Affairs Minister S. Jaishankar hosted U.S. Secretary of State Mike Pompeo […]

Frontpage News

No communication on H-1B visa cap received from US, says India

NEW YORK / NEW DELHI (TIP): According to a media report, the US is considering restrictions on H-1B visa that allow foreign professionals to work in that country. However, India has not received any communication […]

Indian Americans

Dr. Nimisha Shukla Eyes Edison Town Council

EDISON , NJ (TIP): Among the candidates vying for their party’s endorsement in this year’s Democratic Primary for Edison Town Council, one is unique – Dr. Nimisha Shukla.  A 25-year resident of the township, Nimisha […]

No Picture
Business & Economics

SOFTBANK PUTS $2.5 BN INTO FLIPKART’S WALLET

NEW DELHI (TIP): Flipkart has raised an estimated $2.5 billion from SoftBank Vision Fund, making the fund created by Japanese conglomerate SoftBank one of the biggest shareholders of India’s largest ecommerce player. “This is the biggest ever private investment in an Indian […]

Indian Americans

Indian American Executive agrees to plead guilty to Price-Fixing Conspiracy

HOUSTON (TIP): An e-commerce company and its top executive of Indian origin have agreed to plead guilty to conspiring to fix prices for customized promotional products sold online to customers in the United States. Zaappaaz […]

Business & Economics

AXIS BANK BUYS SNAPDEAL’S FREECHARGE FOR RS 385 CRORE

Deal dynamics 􀂄 The sale price is huge markdown for Snapdeal, which acquired payment wallet FreeCharge for $400 m in 2015 􀂄 The deal will help the third largest private sector lender to double the customer base and address the digitally savvy people 􀂄 FreeCharge clocked revenues of Rs 80 […]

Business & Economics

FLIPKART COULD OFFER $900 to 950 MILLION FOR SNAPDEAL

NEW DELHI (TIP): E-commerce major Flipkart is expected to make a revised offer of USD 900-950 million for buying rival Snapdeal, according to sources. The new offer almost matches the initial asking price of USD 1 billion for […]

Business & Economics

Future Group to sell its private labels through e-tail rivals

MUMBAI (TIP): Future Group will sell its labels on rival online platforms Amazon and Big Basket as part of its strategy to generate Rs 20,000 crore in sales from in-house brands by 2021 and establish […]

Business & Economics

SNAPDEAL SEARCHES FOR FUNDS, TAKEOVER SPECULATION GROWS

HONK KONG/MUMBAI (TIP): Indian online retailer Snapdeal is seeking investment to shore up its finances after unsuccessful talks with Chinese funds and Alibaba Group Holding Ltd as it battles to remain competitive, sources with direct […]

Business & Economics

Snapdeal, Truecaller tie up for better shopping experience

NEW DELHI (TIP): Online marketplace Snapdeal, which is also the third largest e-commerce company of India, said on Thursday that it has partnered with Truecaller to enhance consumer experience by integrating Truecaller Priority in the […]

Business & Economics

INDIA INC GEARS UP TO BE GST-COMPLIANT IN TIME

NEW DELHI/MUMBAI (TIP): While Rajya Sabha was debating the amendment to the Constitution for rolling out Goods and Services Tax (GST), the top management of a large company was closeted with consultants from a global tax […]

Indian Americans

Nitin Gadkari Tells Investors that it is a Golden Opportunity to Invest in India

July 11, 2016 – Washington, DC – The U.S. India Business Council (USIBC) today hosted a luncheon discussion with Indian Union Minister for Road Transport and Highways & Shipping Shri Nitin Gadkari. The roundtable was […]

Business & Economics

Amazon commits $3 billion more for India

BENGALURU/MUMBAI (TIP): As the Seattle-based e-commerce juggernaut Amazon closes in on the pole position of the Indian e-commerce market, its founder & CEO Jeff Bezos has announced that his company will pump in an additional$3 […]

Business & Economics

Flipkart Revises 30-Day Return Policy To 10 Days | eCommerce war stiffens

E-commerce website Flipkart has revised its returns policy and cut down their 30-days returns window to just 10-days. Also Read: FLIPKART HITS $1 BILLION IN SALES | Flipkart Posts Over Rs 2,000-Crore Loss In Discount War & Big… […]

Indian American Neha Chauhan Woodward has come up with a new series of seven dolls that represent common girls with ethnic diversity
Indian Americans

Indian-American Girl Creates Doll to Reflect Ethnic Diversity

NEW YORK (TIP): An Indian-American Harvard University graduate has come up with a new series of seven dolls that represent common girls with ethnic diversity and celebrate them for their brains, talents and leadership. Neha […]

Featured

Protecting India’s Trade Interests

The Trans-Pacific Partnership agreement (TPP) has been signed in Auckland on February 4 by Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the U.S. and Vietnam. Even as it is touted as the […]

Business & Economics

FOREIGN FIRMS RUSH TO INDIA’S ONLINE MARKETPLACE

NEW DELHI (TIP): India‘s booming online marketplace business has attracted a new wave of merchants and sellers from countries such as China, South Korea, Japan, Singapore and the US. In fact, thousands of sellers are […]

Business & Economics

Alibaba to invest $1.25 bn in Chinese online food delivery service

SHANGHAI (TIP): Alibaba Group Holding Ltd has agreed to invest $1.25 billion in Chinese online food delivery service Ele.me, leading business weekly Caixin reported on Friday. The report, citing unidentified sources, said Alibaba will obtain a 27.7% stake in […]

Business & Economics

NESTLE EYES DOUBLE DIGIT GROWTH FOR MAGGI NOODLES

BAI: In the aftermath of the Maggi crisis, Nestle India is aggressively trying to increase the consumption of its flagship instant noodles brand eying double digit growth, a top company executive said. It is also […]

Business & Economics

Alibaba.com says India one of its fastest-growing markets | SMILE

New Delhi: Alibaba Group’s wholesale trading platform Alibaba.com said on Monday, December 7, that India is one of its fastest-growing markets with about 4.5 million registered users. The Chinese e-commerce giant  is taking the Indian market […]

Business & Economics

World’s biggest online shopping day nets over $14 billion

SHANGHAI (TIP): E-commerce giant Alibaba said that Chinese and international consumers spent more than $14 billion in the world’s biggest online shopping day, as it sought to soothe worries over China’s slowing economy. The November […]

Business & Economics

China now has more billionaires than US

BEIJING (TIP): Communist China has overtaken capitalist United States in the richie rich list with 596 billionaires to America’s 537. The stunning jump has taken place in the last one year — spurred by the […]

Prime Minister Narendra Modi holds bilateral talks with US President Barack Obama in New York - Photo courtesy PTI
Featured

India, US and a New moment

Prime Minister Narendra Modi‘s visit to the United States has taken place at a moment of significant opportunity for India. The Chinese economy, which had seemed invincible, has faltered and is facing deep structural problems. India is […]

Business & Economics

Indian, Chinese firms sign 15 MoUs worth $590 million | China-India Economic and Trade Cooperation Conference

Ahmedabad: Mr Chen Yuehua, Guangdong’s Deputy Director General of Department of Commerce, has announced that Indian and Chinese firms have signed 15 Memorandum of Understanding (MoUs) worth US$ 590 million at the ChinaIndia (Gujarat) Economic […]

Business & Economics

Snapdeal launches new mobile marketplace Shopo

NEW DELHI (TIP): E-commerce major Snapdeal today re-launched Shopo, a mobile-based open marketplace which will allow small businesses to list their products without paying any commission. Snapdeal had acquired Shopo in mid-2013 for an undisclosed amount. […]