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BUSINESS

Flipkart Registered $540 Million Loss in 2018-19

October 29th, 2019

Flipkart India registered a higher loss of $540 Million during 2018-19 as compared to the previous financial year.

BUSINESS

Infosys conduct independent investigation on whistleblower allegations: Nandan Nilekani

October 22nd, 2019

The whistleblower complaint by a group that alleged CEO Salil Parekh and CFO Nilanjan Roy were indulging in unethical practices.

BUSINESS

TikTok owner ByteDance Revenue Jumps over $7 billion in First Quarter

September 30th, 2019

ByteDance, which was loss-making in the first-half, also posted a profit in June and was confident of making a profit in the second half of the year, one of the people said, declining to be identified as the company has not made a public announcement. Robust growth has led the Beijing-based startup to revise its revenue target for...

BUSINESS

New York Magazine Merge With Vox Media

September 25th, 2019

Launched in 1968 New York magazine is merge with Vox media, founded in 2005.

BUSINESS

SoftBank Turns against WeWork's parent CEO Neumann

September 23rd, 2019

Japanese VC firm Softbank a leading investor in Coworking startup WeWork decided to act against company's CEO Adam Neumann after company postponed its initial public offering.

BUSINESS

Essel Group sell Stake of 'ZEEL'

September 11th, 2019

Essel Group completes its online streaming platform ZEEL's 8.7 percent stake sale to Invesco Oppenheimer Developing Markets Fund.

BUSINESS

Paytm to buy Stake in Yes Bank from Co-founder Rana Kapoor

September 10th, 2019

Paytm founder Vijay Shekhar Sharma is in discussions with Rana Kapoor, co-founder of Yes bank to buy stakes in Yes Bank.

BUSINESS

A Clear Look at PayPal Benefits Vs. Risks

September 10th, 2019

The Benefits and Risks of using Paypal as an online money transaction for small businesses

BUSINESS

India's Top Biscuit maker Parle may cut up to 10,000 jobs Due to Economy Slowdown

August 22nd, 2019

India's Top Biscuit maker Parle may cut up to 10,000 jobs Due to Economy Slowdown.

BUSINESS

Alibaba Revenue Jumps 42 Percent in First Quarter

August 16th, 2019

China's biggest eCommerce company Alibaba 2019 first-quarter revenue beat analyst estimates.

BUSINESS

Saudi Aramco's H1 2019 net income slips to $46.9 bn

August 12th, 2019

Aramco said its first half net income for 2019 had slipped to $46.9 billion compared to $53.0 billion for the same period last year.

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Ferrari Collaborates with Armani over Merchandise, Entertainment & others