How Amazon, Flipkart, Snapdeal are circumventing rules to give discounts

online-discountsCome October and it will be raining discounts online. E-commerce firms will come up with their annual big sales—Amazon’s Great India Sale, Flipkart’s Big Billion Day and Snapdeal’s Unbox Diwali—starting October 2 to 6. The discounts will range anywhere between 10% and 70% or more. This comes just six months after the government ruled that […]

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Deals site Nearbuy gets $2.2 mn in loans from BlackSoil Capital

Deals and discounts site Nearbuy has raised venture debt of Rs 15 crore (about $2.25 million) from non-banking financial company

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