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The app is one part of a multi-billion dollar drive by Alibaba to extend its dominance of online shopping into physical stores.

Alibaba's Singles' Day sales hit new record of USD 38 billion

The Alibaba Group's various shopping platforms' total GMV exceeded USD 10 billion in just 29:45 seconds.

12 Nov 2019 9:28 AM IST

Over the last week, the 30-share BSE Sensex zoomed 1,106.97 points or 2.83 per cent. (Photo: File)

Markets closed today on account of Gurunanak Jayanti

Financial markets will resume trading on Wednesday, November 13.

12 Nov 2019 9:27 AM IST

The investments till October are already 16 per cent higher than that in 2018 and EY expects that in two more months, the yearly investment will touch $50 billion.

Private Equity on track to invest $50 billion by 2019 end

In October 2019, open market exits were highest at $878 million across eight deals, accounting for 91 per cent of total...

12 Nov 2019 6:53 AM IST

Over the last week, the 30-share BSE Sensex zoomed 1,106.97 points or 2.83 per cent. (Photo: File)

Norms fail to curb rise in pledged shares

Promoters pledge their shares to secure funds to bankroll other ventures or acquisition.

12 Nov 2019 6:50 AM IST

Indian auto sectors total sales also declined by 12.76 per cent to 21,76,136 units in October from 24,94,345 units solder during the corresponding month of the previous year.

Ailing auto cos show signs of recovery after festive sales

Sales of commercial vehicles, the barometer of economic activity, were down 23.31 per cent at 66,773 units in October,...

12 Nov 2019 2:48 AM IST

SFBs have made good progress on deposit mobilisation with deposits accounting for 63% of borrowings.

SFBs would need nearly Rs 3,900crore till FY22: ICRA

SFBs have made good progress on deposit mobilisation.

12 Nov 2019 2:39 AM IST

Over the last week, the 30-share BSE Sensex zoomed 1,106.97 points or 2.83 per cent. (Photo: File)

Current consolidation likely to make markets healthy

However, the index is unlikely to breach the crucial support area of 11700-11800, he further said.

12 Nov 2019 2:35 AM IST

Market indices opened sharply higher on Thursday, with the Sensex rising 383.96 points to 33,403.03 and the Nifty gaining 124.10 points at 10,252.50.

Market ends marginally higher; Yes Bank rallies 5 Per cent

The 30-share Sensex ended 21.47 points, or 0.05 per cent, higher at 40,345.08.

11 Nov 2019 4:41 PM IST

BSNL has pegged its internal target for VRS at 77,000 employees, and the effective date of voluntary retirement under the present scheme is January 31, 2020.

Nearly 70,000 BSNL employees opted for VRS so far: Chairman

The two firms will also monetise assets worth Rs 37,500 crore in the next three years.

11 Nov 2019 3:56 PM IST

Power firms across Europe, which previously depended on coal or gas-fired power plants, are having to adapt to the expanding use of renewable power sources and facing a profit squeeze as wholesale electricity prices have fallen.

India's electricity demand falls at fastest pace in at least 12 years

Consumption in heavily industrialised states such as Maharashtra and Gujarat led the decline.

11 Nov 2019 3:04 PM IST

Over 10 lakh offline merchants across India accept Paytm for payment including taxis, autos, petrol pumps, grocery shops, restaurants, coffee shops, multiplexes, and parking.

Paytm plans to invest Rs 500 crore in tech start-ups

The company said it expects to employ technology across the growing internet to become the dominant player in AI.

11 Nov 2019 2:55 PM IST

Dussehra sales had disappointed the jeweler fraternity. However, they hope to see the latent demand for gold to support Dhanteras sales this time.

Gold rises as concerns over trade deal, economic slowdown linger

Spot gold was up 0.3 per cent at USD 1,462.83 per ounce at 0614 GMT, while US gold futures were flat at USD 1,462.90 per...

11 Nov 2019 1:59 PM IST