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December 1st, 2018 With an aim to popularise original videos on its platform and give a fight to YouTube, Facebook has announced that it is introducing multiple monetization tools for the Indian content creators. This was announced during its first Indian “Creator Day” event. Facebook has opened ad breaks to all qualifying video creators to help...
BUSINESS

November 30th, 2018 PhonePe, a Flipkart-owned digital payments platform will now offer an IRCTC micro-app on its platform. The company has partnered with Indian Railway Catering and Tourism Corporation (IRCTC) to carry forward with this process. This development has come three months after PhonePe struck a partnership with IRCTC to facilitate digital...
BUSINESS

November 29th, 2018 The parent company India’s biggest payment services firm Paytm that is One97 Communications has reportedly and successfully crossed the valuation mark of Rs 1 lakh crore in the unofficial market. Talking about the unofficial market, the firm’s value has raced past the market capitalisation of listed blue-chips like IndusInd Bank,...
BUSINESS

November 29th, 2018 The technology giant Microsoft has Corp surpassed Apple Inc to become the world's most valuable publicly traded company with a $300 billion rout. After becoming the top company in the world, Microsoft shares rose 0.6 percent Tuesday, pushing the company's market value to $828.1 billion at the close. The last time Microsoft's market...
BUSINESS

November 27th, 2018 Apple is looking to support female-identifying founders through its new Entrepreneur Camp, a technology lab focused on app development. The free two-week camp, which kicks off in January, will give female founders the opportunity to receive one-on-one coding assistance from Apple engineers, as well as attend sessions on design,...
BUSINESS

November 27th, 2018 Infosys is doubling pay packages for employees who successfully complete its new bridge programmes. These are programmes that help staff to shift from their existing job to one that demands higher skills. The company expects this initiative will also reduce attrition at junior levels — the rate has been high in recent times at over...
BUSINESS

November 24th, 2018 The parent job portal of Naukri.com and real estate website 99acres.com called Info Edge (India) Ltd has invested an amount of Rs 3 crore ($422,000) more in online business-to-business footwear marketplace ShoeKonnect. This particular investment raised Info Edge’s stake in ShoeKonnect to 27.27% from 20% as stated by the company....
BUSINESS

November 23rd, 2018 San Jose-based GlobalLogic, an engineering services company has reported that it will now actively look forward to acquisitions in cybersecurity, retail, medtech and automotive sector. The idea behind this is to grow to a $2 billion business in the next five years. The IT outsourcing firm is on track to clock $650 million in...
BUSINESS

November 22nd, 2018 Hospitality chain Treebo has launched three sub-brands to cater to different consumer segments. Along with this, the company has also unveiled a new logo.  The Bengaluru-based company stated that it has launched three sub-brands for its hotel portfolio, Trip, Trend, and Tryst, which will operate at different price points, along with...
BUSINESS

November 21st, 2018 The global technology investor SoftBank Group Corp is in its final stage of investing a huge amount of $450 million in Delhivery, which is India's largest e-commerce-centric logistics company by revenue. This particular deal is expected to value the company at over $1 billion, entering into the unicorn club. Through its Vision Fund,...
BUSINESS

November 21st, 2018 The online grocery player BigBasket that aims to be a billion-dollar company by the next fiscal year, is expecting 40 percent of its projected revenue to come in from its private labels. The company is expecting to clock Rs 3,500 crore in sales this fiscal year, up from Rs 2,000 crore last year. "Private labels are around 34 per...
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