Governor, Reserve Bank of India, Raghuram Rajan has eased the concerns about cash burn in the thriving e-commerce industry. He made it clear that generating revenues through heavy discount is not a feasible business model for the startups.
"If the...
Crabtree & Evelyn, Ltd has filed for bankruptcy under under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Southern District of New York. The company listed assets and liabilities as between $10...