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August 13th, 2018 Indian Space Research Organisation (ISRO) is planning to launch incubators across the country for the purpose of grooming the startups that build fresh solutions in rocketry, communication satellites and applications from remote sensing data. The basic motive is to assist the space startups to establish themselves and also create a...
BUSINESS

August 7th, 2018 HARMAN International, a hardware-focused company which owns Los Angeles-based JBL has launched an online store in India that will include loudspeakers and associated electronics from manufacturer JBL. As of now, JBL’s products were available in India only at Snapdeal, Amazon, and Flipkart, but now it can be shopped through its...
BUSINESS

August 7th, 2018 Soon after launching its services in Australia, the cab-hailing major Ola is planning to foray into the United Kingdom (UK) market and has also received a license to operate in South Wales and Greater Manchester regions. The company is planning to launch its operations in the UK within the next month and claims that it would be the...
BUSINESS

August 7th, 2018 Masayoshi Son led Japanese leading tech company SoftBank net profit soared more than 50-fold from a year earlier to 313.7 billion yen (USD 2.8 billion) in the latest quarter thanks to Flipkart acquisition and coworking space Wework growth in India. Last year in the same quarter, SoftBank's profits slumped to 5.5 billion yen due to its...
BUSINESS

August 6th, 2018 The Chinese smartphone giant Xiaomi is reportedly planning to invest a part of the capital it raised from its recent IPO, into its Indian operations. The purpose behind this move is to build the ecosystem of internet services, make more startup investments and build India-specific IoT devices as stated by company’s India head Manu...
BUSINESS

August 1st, 2018 WeWork, a popular co-working venture which is a US-based firm is accelerating up to expand its existence in India. The firm is planning to set up more locations in areas such as Bengaluru, Mumbai and Gurugram with an aim to have over 35,000 seats in the country by the end of this year. Currently, the firm has its existence in only...
BUSINESS

July 31st, 2018 Soon after the foodtech platform Zomato started its subscription-driven playbook to bolster the food technology market, Swiggy also followed the same path and has now rolled out its first-ever membership program under the name ‘Swiggy Super’. The Bengaluru based food startup has forayed into the paid subscription-based...
BUSINESS

July 30th, 2018 After all the expansion and growth plans of one of the biggest online food delivery platform Swiggy, the company is all geared up to expand its delivery diversification strategy. The firm is now planning to start deliveries for various different categories including medicines and grocery and now the company is all set to acquire a...
BUSINESS

July 28th, 2018 Hershey has reportedly announced the sale of two of its international businesses as it continues to shift its efforts to U.S. snacking. The chocolate company has been focusing on expanding its snacks business. It recently acquired Skinny Pop parent Amplify Brands for $1.6 billion. Those efforts came after previous attempts at...
BUSINESS

July 27th, 2018 One of the major Indian digital funds platforms Paytm has now expanded its operations to Japan in partnership with PayPay Company. PayPay Corporation, a joint venture established by SoftBank Corp. (“SoftBank”) and Yahoo Japan Corporation (“Yahoo Japan”), recently announced that the company will launch “PayPay” smartphone...
BUSINESS

July 27th, 2018 India's one of the leading telecom company Bharti Airtel reported first ever loss of Rs 940 crore in the first quarter (June 2018) from its Telecom business. Airtel bleeds to retain market dominance in the face of free voice calls and dirt cheap tariffs from Reliance Jio, Vodaphone & idea. Bharti Airtel's India performance...
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