No fema exemption for Tata-DoCoMo deal’

Rejecting RBI plea for exempting Tata-DoCoMo deal from foreign exchange Act, the Finance Ministry has said the two firms had entered into a share buyback contract in contravention of prevalent law and

Flipkart Tweaks discount stratergy for sale

Flipkart has changed its discounting strategy for its ongoing three-day sale. India’s biggest ecommerce company has asked sellers and brands to agree on a lower price and margin to offer rebates to