E-commerce war zone & Sensex decline dominate news

THE ECONOMIC TIMES Sat, Sep 05, 2015 | 10:52 AM IST Weekly Platter Newsletter

Flipkart hits back at Snapdeal; sets Rs 65,000 crore sales target during fiscal 2016 Flipkart will sell goods worth Rs 65,000 cr during fiscal 2016, and "nobody will be even half of that", company's head of commerce Mukesh Bansal told ET. read more Sensex may fall by another 1000 points; top 10 stocks to buy on declines Both Sensex and Nifty recorded their fresh 52-week lows on Friday amid nervousness over an interest rate hike by the US Federal Reserve. CCI charges Google with rigging search results; Flipkart, Facebook corroborate complaints The initial complaints were filed by Bharat Matrimony and a Jaipur-based not-for-profit, Consumer Unity and Trust Society.

Editor's Pick Infosys founder NR Narayana Murthy: Making of a legend It was at IIM-A that Murthy really came into his own, applying his intellect to solving real world problems using the latest in computer systems. Stars of Dalal Street: Meet 9 fund managers who beat the market If April was the cruellest month, Aug was no better. Indian markets tumbled most in a month since 2011 and FIIs sold the biggest chunk. PM Modi's U-turn on Land Bill a clever strategy to shrug off the 'suit-boot ki sarkar' tag In this context, the government had to do something dramatic for an image makeover and that is what the PM has attempted. Indifferent to facts, but Hardik Patel knows how to play reservation-victim role like no other In Gujarat, among his own "27 crore Patedars", as he likes to say Hardik could easily swing between conflicting positions.

Most Popular This Week Internet governance: US considering India's pitch to locate 'root server' China luring Indian pharma scientists with 3 times higher pay Government planning India's longest 600 km expressway to connect Delhi & Katra Suresh Prabhu infuses life into railways with Rs 1.5 lakh crore LIC loan Indian engineer's startup gets investment from Google's Schmidt

Story of The Week India's Q1 GDP growth disappoints at 7% versus 7.5% QoQ India's Gross Domestic Product (GDP) growth for the first quarter of the current financial year grew at 7% versus 6.7% YoY (versus 7.5% QoQ). read more

Money RBI clears 11 payment banks: How you stand to gain They will offer services through own network of access points, business correspondents or networks provided by others. Recent stock market crash: What you should do now The Sensex hit a 52-week low last week. Find out if this is a short-term market correction or the beginning of a bear phase.

Stock Round Up PM Narendra Modi's charm fails to work on the markets Sensex performance in the first 15 months of the Modi govt is second-worst since Atal Bihari Vajpayee's first 15 months in his third stint.

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