June 21st, 2016Facebook Inc shareholders approved a proposal to create a new class of non-voting shares, a move aimed at letting Chief Executive Officer Mark Zuckerberg give away his wealth without relinquishing control of the social media company he founded.
The company's plan to issue two "Class C" shares for each Class A and Class B share held by...
June 16th, 2016Home automation and energy management solutions provider Silvan Innovation Labs has raised Rs 6 crore of equity funding from Clean-tech fund Infuse Ventures.
The company will use the funds for marketing and creating new home automation products in select segments such as energy management.
"We also have entertainment oriented...
June 13th, 2016Gurgaon's Signature Start Up Masterclass session had the storyteller Arunabh Kumar who shared his passion to paycheck journey during a free-wheeling chat with the host Cyrus Sahukar.
Signature Start Up Masterclass is a celebration of the real-life success stories and provides a unique platform for passionate individuals who are...
June 12th, 2016Internet devices firm Gaia Smart Cities has acquired Internet of Things business of communications service provider Netcore in a an equity deal.
"We have finalised deal to acquire IoT business of Netcore in an equity deal. Gaia will get ownership of Netcores IoT business and Netcore will invest in Gaia," Gaia Smart Cities Founder...
June 11th, 2016Using social media is an affordable option for small businesses that are looking to productively engage with their audience and generate buzz for their products and services. However, staying informed about changes to existing platforms presents a serious challenge to marketing professionals as even the savviest of Facebook users might...
June 8th, 2016Homegrown FMCG major Dabur is gearing up for a bigger play in the e-commerce segment in India to tap potential of the fast growing sector.
The company which has ventured into online cosmetics and beauty products through NewU, run by its wholly-owned arm H&B Stores, is also working on another platform DaburUveda.com to enhance its...
June 8th, 2016Amazon will invest an additional USD 3 billion in its India operations to take its investment in the country to over USD 5 billion, the American e-commerce giants founder and CEO Jeff Bezos said today.
Bezos said this at an event here attended by Prime Minister Narendra Modi.
"Amazon will invest USD 3 billion more in India. This is...
June 6th, 2016Broadcaster Sony Pictures Networks India (SPN) has mopped up Rs 1,200 crore in advertising revenue from Indian Premier Leagues (IPL) ninth season, a growth of 20 per cent over last year.
It had clocked an advertising revenue of Rs 1,000 crore from IPL 8.
"We have had a 20 per cent growth in revenue. This was largely based on...
June 5th, 2016OrderZapp, a recently launched app which offers traditional snacks across Mumbai is taking multiple initiatives to support environmental causes and concerns. The company will initiate its delivering via electric bikes across Mumbai.
The idea behind using electric bikes is not limited to support only the environment, but it also helps...
June 2nd, 2016Airtel Payments Bank today announced the appointment of Shashi Arora as the CEO and Managing Director of the company.
His appointment is subject to the approval of the Reserve Bank of India.
He will replace Manish Khera, CEO, who resigned from his post to pursue his entrepreneurial journey.
"I am delighted to announce the...
June 1st, 2016Online automobile marketplace Droom today said it has raised an undisclosed amount from BEENEXT, Digital Garage and other existing investors to expand its presence in the South East Asian countries like Indonesia. However, according to sources, Droom has raised nearly Rs 200 crore in this round of funding.
The company will also use...