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Alibaba. Shopclues

Alibaba plans to acquire Gurugram-based Shopclues; to have HQ in Bengaluru

Alibaba, the Chinese e-commerce giant, is busy preparing ground for its grand entry into India's online marketplace. The Jack Ma-controlled internet behemoth has held talks to acquire online marketplace ShopClues, one of the few unicorn startups commanding a billion...
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Govt asks retailers to cut profit margins on pulses; pass on lower wholesale rates

The government warned that it would take stern actions against unscrupulous speculation and profiteering by market players.New Delhi: The...
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