Decoding the AGR math: Here's what shot up the telcos' bill

The investment comes just a few weeks after rival Zomato acquired UberEats India. UberEats India has since then ceased to exist as a separate brand locally with users being redirected to Zomato’s app. Weeks prior to the deal, Zomato raised $150 million from existing investor Ant Financial, an Alibaba affiliate at a valuation of $3 billion.

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Whatfix, founded in 2014, will use the money for product development and to expand into geographies such as Europe and Australia, it said, in a statement.

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The funding will help Dunzo scale up in other geographies, while retaining value for its existing shareholders, including employees, the company said in a statement.

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Online insurance aggregator PolicyBazaar has appointed former venture capital investor Sarbvir Singh as its new chief executive along with cofounder Yashish Dahiya taking up a broader group CEO role. The company has also appointed Sharat Dhall, who was previously with online travel operator Yatra, as its new chief operating officer.

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The Karnataka High Court said that they have no evidence of Amazon, Flipkart getting into exclusive deals with smartphone firms. The probe into both companies following a plea by a Delhi-based traders’ body, had alleged that the ecommerce firms were working with preferred sellers, violating competition laws.

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The contention of the I-T department has been that Flipkart earned an enduring benefit via aggressive cash discounts, which in turn resulted in losses.

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Walmart said Flipkart now had over one billion visitors a month, with monthly active customers growing by 45% in the last one year and transactions per customer increasing by 30% in the same period. Apart from Flipkart leading international ecommerce sales for Walmart, the company said that the unit had reported record sales during its BigBillionDays sale event last year.

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The model on trial in San Francisco, from the startup Muuse, is printed with a distinct QR code on each cup, which consumers can scan when they pick up and drop off cups. Muuse has been used on college campuses.

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Although the National Pension System comes with exempt-exempt-exempt (EEE) tax status, there is a catch.

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We list some financial red flags that can hint at bigger problems you may not be able to rectify in the future.

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The most complex and insidious traits that tend to remain hidden in daily dealings, rise to the surface in these very financial matters. If you spot these behaviour patterns in your partner, understand how these could impact your life and finances after marriage.

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Your manager dreads review meetings as much as you do, because it is an unpleasant task to pass judgment on another person’s contributions and compensation. Here’s how you can make it work well for everyone and ace your annual appraisal.

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Here is a weekly tracker of returns to keep you updated on the performance of stock market, gold prices, 10-year government securities.

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An individual is required to invest capital gains earned from selling property in specified instruments to save tax. If such investment is not made, then he/she can deposit the gains in the capital gain account.

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PAN will become inoperative if it is not linked with Aadhaar by March 31, the I-T department has said.

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