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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 UCWeb plans foray into e-commerce in India this fiscal

UCWeb also have plans to start the sale of movie tickets online.

9 Sept 2019 5:05 PM IST

Flipkart on Tuesday said it has completed the merger with eBay Indias operations.

Flipkart onboards 27,000 kirana shops to strengthen last mile delivery

Flipkart already has a large supply chain network, currently delivering over one million shipments everyday.

9 Sept 2019 4:47 PM IST

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

Sensex surges 164 points, Nifty closes above 11,000

The Nifty50 index reclaimed the crucial 11,000 level to settle at 11,003.05, up 57 points or 0.52 per cent.

9 Sept 2019 4:02 PM IST

Seized gold biscuits. (Photo: ANI)

Gold prices drop Rs 300; silver tumbles Rs 1,400

Gold is trading at Rs 39,225 per 10 gram at the bullion market here, in absence of demand and a stronger rupee.

9 Sept 2019 3:29 PM IST

Prakash Javadekar (Photo: G.N. Jha)

India halfway through its 175 GW renewable energy goal: Javadekar

India currently has an installed renewable energy capacity of around 80 gigawatts.

9 Sept 2019 2:43 PM IST

CCI gives nod to Amazon's 0.51 pc equity share acquisition of Quess...

The proposed transaction involves the acquisition of a minority non-controlling investment by the acquirer.

9 Sept 2019 1:46 PM IST

The oil giant said it plans to sell 1.5 per cent of the company, or about 3 billion shares, at an indicative price range of 30 riyals to 32 riyals.

Aramco likely to give IPO roles to Citi, Goldman, HSBC: source

Aramco is preparing to sell up to a 5 per cent stake by 2020-2021.

9 Sept 2019 12:13 PM IST

Domestic passenger vehicle sales were up 6.38 per cent at 3,00,722 units in March as against 2,82,698 units in the same month last year.

Passenger vehicle sales decline for 10th straight month

Sales of commercial vehicles were down 38.71 per cent to 51,897 units in August.

9 Sept 2019 11:59 AM IST

SBI reduces interest rates on fixed deposits, home loans

SBI reduces interest rates on fixed deposits, home loans

The one-year MCLR will come down to 8.15 per cent per annum from 8.25 per cent per annum from Tuesday.

9 Sept 2019 11:09 AM IST

Joint venture between Japanese automaker Nissan and Chinas Dongfeng Group reported the most recalls mainly due to faulty brakes.

Crisis-hit Nissan CEO set to resign as board meets

Saikawa is suspected of improperly adding 47 million yen (USD 440,000) to his compensation by altering the terms of a...

9 Sept 2019 10:37 AM IST

At the interbank foreign exchange, the rupee opened strong at 70.55, registering a rise of 26 paise over its previous close of 70.81. (Photo: DC)

Rupee rises 14 paise against US dollar in early trade

Sustained foreign fund outflows and rising crude prices also dragged the local currency down.

9 Sept 2019 10:28 AM IST

The CPEC, which connects Gwadar Port in Balochistan with Chinas Xinjiang province, is the flagship project of Chinese President Xi Jinpings ambitious Belt and Road Initiative (BRI).

China plans to invest USD 1 bn in Pak development projects

The pace of development projects under the China-Pakistan Economic Corridor is satisfactory, says Yao Jing.

9 Sept 2019 10:17 AM IST