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March 3rd, 2016 FreeCharge wallet has partnered with Mexican movie theatre chain, Cinepolis to provide a platform for secure and easy digital payments. The partnership will start in the second week of March and customers can pay for movie tickets and food and beverages across 38 Cinepolis theatres in 28 Cities. FreeCharge is the first digital wallet...
BUSINESS

February 26th, 2016 Flamboyant businessman Vijay Mallya will get $75 million (Rs 515 crore) from Diageo as part of an "agreement" for his exit from United Spirits, a company founded by his family and now run by the global liquor giant. Besides, Diageo has agreed that Mallya will have no "personal liability" to the UK-based company in relation to the...
BUSINESS

February 2nd, 2016 NEW DELHI: Gurgaon-based cloud telephony startup MyOperator has associated with Lenskart.com simplifying the latter’s daily operations at its backend, with its best in breed technology. As per the agreement with the leading call management system, Lenskart.com will be using a range of its services, which entails CODAC, MisDial,...
BUSINESS

January 29th, 2016 Reuters- Hoping to provide greater clarity into the performance of its many holdings, Alphabet Inc said it would report financial results under two segments, Google and "Other Bets," when it releases fourth-quarter earnings on Monday. Under Google, Alphabet will report the results of its main Internet and related businesses such as...
BUSINESS

January 22nd, 2016 Chinese conglomerate Dalian Wanda Group said on Friday it would develop a $10 billion industrial park in northern India, its first project in the country. The company owned by China's richest man Wang Jianlin said it would be the lead investor in the project's initial infrastructure and also ask Chinese firms to take...
BUSINESS

January 19th, 2016 Japanese department store chain Kintetsu announced on Monday that it will introduce China's online payment solution Alipay in four of its department stores in Osaka so as to attract more Chinese tourists. According to Kintetsu, it would be the first department store chain in Japan to use Alipay, though the well-known Chinese...
BUSINESS

January 13th, 2016 Baidu Inc, a Chinese web services company, is in talks to invest in Indian e-commerce start-ups including Zomato, BookMyShow and BigBasket, a spokesman for China's top online search provider said on Wednesday. "The Indian market represents an enormous opportunity for us to connect more people with services, and we plan to put more...
BUSINESS

January 11th, 2016 Chennai: Country's largest oil marketing company Indian Oil on January 11, announced its partnership with logistics start-up firm http://www.fortigo.com/Fortigo, aimed at providing technology based solutions to small truck owners. Fortigo is funded by various venture capitalists including Infosys co-founder Nandan Nilenkani. The...
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