COD payments at e-commerce firms back to pre-demonetisation levels

New Delhi/Bengaluru: A year after the government’s all-out effort to reduce cash usage and push digital payments after the invalidation of high-value banknotes, cash transactions at e-commerce firms have already returned to pre-demonetisation levels. That’s an indication that hopes of a transformational shift toward digital payments in the aftermath of demonetisation, which caused an unprecedented cash […]

Flipkart in talks to buy stake in BookMyShow

Flipkart Ltd is in talks to buy a large minority stake in ticketing platform BookMyShow, as India’s most valuable internet firm seeks to improve customer stickiness and gain a higher share of spending by urban Indians, according to three people familiar with the matter. The online retailer wants to invest fresh capital into BookMyShow (Bigtree […]