SoftBank to Invest $10 Billion in India

SoftBank plans to invest more than $10 billion in India, after Prime Minister Narendra Modi and telecom minister Ravi Shankar Prasad separately met the Japanese telecom and Internet giant's chairman Masayoshi Son. Son pegged India as the company's top priority. In his meeting with Prasad, Son highlighted the company's bullish...

Amazon Pilots In-Store Delivery in Mumbai and Delhi

Amazon India has launched a pilot program to test in-store pick up service in India's two largest cities. In Mumbai and Delhi, the company has partnered with state-owned oil marketing firm Bharat Petroleum. BPCL operates a retail chain known as In&Out at some of its gasoline stations across the country....

India's Amazon, Bangalore-based Flipkart raises $150 million round

Flipkart was founded in 2007 by Sachin Bansal and Binny Bansal, both alumni of the Indian Institute of Technology Delhi who worked for Amazon.com. Core to its success in India, Flipkart offers multiple payment methods: credit card, debit card, net banking, e-gift voucher, Cash on Delivery and Card on Delivery....

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