Happy Tuesday! Regulatory actions have crippled Paytm Payments Bank’s mobile wallet business. This and more in today’s ETtech Morning Dispatch.Also in this letter:■ BluSmart FY24 revenue jumps■ Drop in renewal deals troubles IT cos■ Ola Cabs CEO Hemant Bakshi resignsPaytm Payments Bank’s mobile wallet business in a spot 109708584Paytm Payments Bank is staring at an uncertain future after the Reserve Bank of India (RBI) asked the bank to stop offering basic banking...
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Apple has recently made an aggressive play to expand operations on both the manufacturing and sales front in India.
Tiptree has become one of the biggest villages in England - if you didn't know it was a village you'd probably expect it to be a town
“The main reason is that the hotel room rate is a factor and another one is the inflation. Consumer inflation especially with restaurant foods, increased a lot,” stated Dr. Tian.
The North London derby takes place on Sunday afternoon at the Tottenham Hotspur Stadium as a title chasing Arsenal side make the short trip across town to take on a Champions League chasing Tottenh
The Washington Capitals, who have not won a postseason series since the 2018 Stanley Cup Final, move into another unsettled offseason after the New York Rangers unceremoniously swept Alex Ovechkin and Co. out of the playoffs Sunday night.
One of India's largest rubbish mounds is on fire, continuing to burn after
Hi, this is Pranav in New Delhi. It’s been a busy week for us here at ETtech breaking some important stories around the quick-commerce sector. Shelf spaceOn Thursday, my colleagues Apoorva and Soumyajit wrote about how getting a spot on quick commerce platforms has become a challenge for direct-to-consumer (D2C) brands, which are coughing up 40-45% in commissions to apps such as Blinkit, Zepto and Swiggy Instamart. 109447781This is reminiscent of the early days of ecommerce boom when smaller...
Google fired around 200 employees and relocated some of the jobs overseas -- the latest sign of a long-running effort by the company to cut costs and restructure itself.
Silicon Valley-headquartered fund Tribe Capital is doubling down on ecommerce logistics startup Shiprocket through its newly set up special purpose vehicle (SPV) in India.Tribe’s cofounder, Arjun Sethi, told ET in an interaction that the SPV will not only invest in but also build and buy out companies here — a departure from the typical framework under which global venture capital firms operate in India.The SPV will invest $75 million in Shiprocket, where the fund is already the largest...
If Taylor Swift wears your product, you are guaranteed to sell out. Which is what happened when wore lilac skirt made by Popflex recently.