Flipkart’s $4 billion—an entry, an exit, and a detente
The number you need to focus on today is $4 billion. It roughly translates to Rs 25,500 odd crore. This is how much money, Flipkart,…
Corporate News
Sony Pictures joins Cisco for ‘SonyLIV’ video content
Sony Pictures Networks (SPN) joined hands with US-based technology conglomerate Cisco to deliver ‘SonyLIV’ video content to Amazon Fire TV and Apple TV consumers in India. Launched…
IT sector slow down: Top level executives at Tech Mahindra to take 10-20% pay cut
In the middle of the slowdown in the IT sector, senior executives at Tech Mahindra have decided to take the pay cut of 10-20 per…
Google employees face fear, uncertainty in aftermath of divisive memo
SAN FRANCISCO — Google employees are awaiting the company’s next response to its culture crisis after the last-minute cancellation of its much-anticipated town hall meeting…
Qatar Waives Entry Visa Requirements for Citizens of 80 Countries
Qatar Waives Entry Visa Requirements for Citizens of 80 Countries 09 August 2017 IN A PRESS RELEASE ,Number of nationalities eligible to enter visa-free highest…
Qatar’s visa-waver stunt fails to impress
Qatar’s visa-waver stunt fails to impress. Many people vented their outrage on social media saying the list almost exclusively catered to Western countries.Qatar’s latest charm…
Panama Papers investigations Jaitley said : Panama probe won’t go Pak way, expect fair trial
Panama Papers investigations Answering questions over the fate of Panama papers, the government today said every account named in the leak is being probed but…
SoftBank’s Vision Fund acquires stake in Flipkart
E-commerce major Flipkart on Thursday announced an investment by , SoftBank Vision fund Group the world’s largest technology-focused fund, in its business to become one of its…
Reliance Jio Fiber to launch this Diwali, will offer 100GB data at Rs 500
After the public testing late last year, Reliance Jio is now ready to commercially launch its broadband service ‘Jio Fiber’ this Diwali. Isha Ambani, who…
Titan joins hands with Amazon to enter US market
Titan has partnered with e-commerce giant Amazon to foray into the US market, reported a national news agency. Amazon’s Global Selling Programme will enable Titan…
‘BHEL’s inability to innovate led to losses’
A report by CAG tabled in Parliament on Tuesday rapped public sector Bharat Heavy Electricals for not completing any of its projects within scheduled time…
Idea Cellular files merger application before NCLT; stock rallies 3%
Shares of Idea CellularBSE -1.13 % jumped nearly 3 per cent in Tuesday’s trade after the company informed stock exchanges that it has filed an…
Google fires employee who penned 10-page anti-diversity manifesto, Pichai to address Googlers
Google has fired one of its employees, who penned the 10-page document titled “Google’s Ideological Echo Chamber”, which went viral over the weekend. The said…
Cognizant: 400 executives accept voluntary separation package
About 400 senior executives of Cognizant have accepted the company’s voluntary separation package (VSP), a move that the US-based company said will help it save…
Cess on SUVs, high-end cars likely to rise from 15% to 25%
NEW DELHI: Sports utility vehicles (SUVs) and top-end luxury cars are expected to cost more with states and the Centre seeking to increase the cess…