By Debashish Mukherjee, AT Kearney What do the recently updated guidelines for foreign direct investment (FDI) in e-commerce in India mean for the ecosystem? Let’s start with the premise that there are no perfect regulations — most regulations will have positive and negative impact for different stakeholders. So, when it comes to a regulation, the […]

Music streaming service Spotify seems to be preparing for its India launch by the end of this month (January 31), the company has accidentally revealed on its terms and conditions page for the country. The page has since been replaced with an older version of the company’s terms and conditions at the time of writing […]

Gujarat is where Mukesh Ambani, the chairman of Reliance Industries, will test his e-commerce model, a juggernaut that is likely to push rivals Amazon and Flipkart just as Reliance Jio bruised and battered top telecom companies. Speaking at the Vibrant Gujarat Summit today, Ambani revealed that Gujarat would be the first state where the new […]

Reliance Industries Chairman and Managing Director Mukesh Ambani on Friday urged Prime Minister Narendra Modi to take steps against ‘data colonisation‘, specially by global corporations, stating that Indian data must be owned by Indians. Invoking Mahatma Gandhi’s movement against political colonisation, Ambani said India now needs a new movement against data colonisation. “Gandhiji led India’s […]

Photo:Elise Amendola Netflix‘s video streaming service added in more subscribers than ever during the crucial holiday season, but the company signaled its growth is slowing in the U.S. as it begins to roll out double-digit price increases in its biggest market. The slightly disappointing forecast issued on Thursday for the opening three months of the […]

Major consumer companies including Unilever, Procter & Gamble and Nestle are chasing consumers who want food and household goods delivered automatically, even though this kind of business has not always worked. The companies are pitching new online subscription services, which promise stable revenues, lower delivery costs and valuable data about customers. The world’s biggest packaged […]

FILE- This file image released by Netflix shows Sandra Bullock in a scene from the film, “Bird Box.” Netflix lifted the usually tightly sealed lid on its viewership numbers in a recent tweet that disclosed 45 million subscriber accounts had watched the thriller, “Bird Box,” during its first seven days on the service. That made […]

Chennai-based Cheeni Labs, the company behind Komparify, an online aggregator of mobile, broadband and DTH plans, has acquired mobile recharge plans discovery platform iReff in an all cash deal. The financial details of the acquisition were not disclosed by Komparify. Cheeni Labs intends to run both Komparify and iReff apps independently, and believes that the […]

SoftBank is set to invest $400 million for an over 40% stake in BrainBees Solutions, which owns and operates omni-channel baby and mother care product retailer FirstCry, according to three people aware of the development. The Tokyo-headquartered investment giant, which has been scouting for fresh investments in Asia’s third-largest economy following its $4-billion exit from […]

Prasar Bharati, India’s public service broadcaster, said over-the-top (OTT) service providers carrying live TV channels should mandatorily carry all the Doordarshan channels and the ones offering news should be registered with the ministry of information and broadcasting. Prasar Bharati’s comments were in response to the Telecom Regulatory Authority of India (Trai) consultation paper on the […]