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October 17th, 2018 The global cab aggregator Uber has been growing at a great pace since its launch. The company is therefore, expected to be valued at valued at $120 billion when it finally goes public next year. According to the Wall Street Journal, Goldman Sachs and Morgan Stanley delivered the valuation proposals to Uber last month. Currently,...
BUSINESS

October 16th, 2018 OYO, the India-based budget hotel chain has been foraying into various countries since a long time. And yet again, the company has entered into another region that is in the United Arab Emirates (UAE). OYO has become one of the most reached hospitality chain in India and is growing its existence day by day in other countries as well....
BUSINESS

October 15th, 2018 Three of the top 10 and India’s most valued companies together saw a dissolution of ₹1,07,026.12 crore in market capitalisation last week where IT major TCS took the biggest knock. The three companies that witnessed the same were Tata Consultancy Services (TCS), ITC and Infosys. The firms suffered a decline in their valuation for...
BUSINESS

October 13th, 2018 With the increasing need for the safety of women in India, Vodafone Idea has launched a new mobile-based safety service called ‘Vodafone Sakhi’ for women. This service will include features such as emergency alerts, emergency balance and private number recharge. These features will be available for the women customers...
BUSINESS

October 12th, 2018 There has always been a competition between Android and iOS and with this, the fight between the App Store and the Google Play Store also emerged. In the third quarter of 2018, that gap between the two widened considerably. In this quarter, the App Store earned nearly 93% more than Google Play, the largest gap since at least 2014. The...
BUSINESS

October 11th, 2018 The festive season in India is arriving and all the companies are gearing up for it. The technology giant Google is also looking to capture the e-commerce market in the country. Google is planning to launch an online storefront for all its branded hardware products in November. This store will have the electronic devices including its...
BUSINESS

October 10th, 2018 The popular Indian bank called Bank of Baroda has partnered with True Software Scandinavia, which is the parent company of the caller-ID app Truecaller. This move has been taken to enable digital payments using BHIM Baroda Pay UPI Service. Following the deal, those who register for payments under the UPI platform through the...
BUSINESS

October 9th, 2018 The popular IT company HCL Technologies will reportedly set up a Global IT development centre at Gannavaram in Andhra Pradesh and this will create more than 5,000 jobs. The new centre is spread over 29.86 acres and is anticipated as part of Andhra Pradesh's drive to create a new IT hub. With this, the company will invest over Rs 700...
BUSINESS

October 6th, 2018 India’s food delivery sector is growing a lot these days. Restaurant discovery and food delivery firm Zomato recently claimed to have hit the 21 million monthly order run rate in India. The company said that it saw its highest weekly order volume during the month of September touch 700,000 orders each day of the week. With this,...
BUSINESS

October 6th, 2018 The budget hotel chain OYO is looking forward to expanding its Townhouse brand aggressively. The aim of the company is to take the number of OYO Townhouse hotels to 400-500 by next year, up from 45 at present. OYO ventured into the UK last month by launching Townhouse hotels in London, and will deepen the brand’s presence in the...
BUSINESS

October 5th, 2018 The retail giant Amazon is continuing to invest considerable capital into its payments arm Amazon Pay, adding Rs 590 crore in the recent infusion. This move comes just before the festival sale of Amazon. With this, Amazon Pay is expected to offer large cashbacks to customers during the upcoming sales to attract more customers. Also,...
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