New Delhi: A surprise move by China’s Alibaba Group to came into the support of India’s Biggest Ecom company Flipkart. As per the news report Alibaba is looking to invest in Flipkart. It has already backed Paytm and Snapdeal. Alibaba this move is to help Indian E-commerce company and eliminate US-backed Ecom companies like Amazon. There […]
Myntra, part of Indian’s biggest e-commerce company Flipkart, said it expects to turn profitable by the end of next financial year as the online fashion store looks at slashing discounts and curbing supply-chain costs. Shopping online is becoming more popular in India due to the rising use of cheaper smartphones and India’s e-commerce sector is […]
IndiaMart, a name heard by many, not only in India but all over the world. IndiaMART is an Indian online marketplace, serving since 1998 and based in Noida. The company have around 1.5 million suppliers listed on its website, with around 10 million buyers visiting the online platform every month. We recently met with the […]
Amazon founder Jeff Bezos’ space transportation company, Blue Origin, successfully launched and landed a suborbital rocket for a second time, a key step in its quest to develop reusable boosters, the company said on Friday. The rocket that flew on Friday was the same vehicle that made a successful test launch and landing two months […]
CashKaro.com, India’s largest Cashback & Coupons Site has raised an undisclosed amount from Ratan Tata, the Chairman Emeritus of Tata Sons. Tata has made the investment in his personal capacity. The funding comes just two months after the Gurgaon-based startup raised Rs 25 crores in its Series A funding led by Kalaari Capital, one of […]
In latest issue of Fortune 500 magazine, Jeff Bezos, Amazon CEO portrays as a Hindu god Vishnu on cover page. The move is highly criticized the Indian community in the US over “trivialisation of their venerated deity”. In International edition of the January issue, Fortune Magazine features a story about Amazon’s expansion in India. The […]
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 partnership between Indian Oil and Fortigo, a first-of-its-kind in the industry, would help […]
Beijing, Jan 9 (PTI) – China’s country code domain ‘.cn’ has become the world’s most commonly used in the internet with 16.36 million users, surpassing Germany’s ‘.de’ domain. According to the data released yesterday by the China Internet Network Information Centre (CNNIC), which manages the domain, ‘.cn’ had 16.36 million users by the end of 2015. The […]
With greater possessions and a good rank comes greater responsibilities. It need not to be reminded how some of the extraordinary Indians have made many globally scaled headlines. Be it our Prime Minister Mr. Narendra Modi or Sundar Pichai who proved his worth by becoming the CEO of Google or his ex-colleague Nikesh Arora, President […]
Reuters: Online marketplace Snapdeal, backed by Japan’s SoftBank Group Corp and others, will spend more on logistics and technology to better compete with Flipkart and Amazon’s Indian unit, its co-founder said on Monday. Shopping online is becoming more popular in India due to the rising use of cheaper smartphones and e-commerce firms are struggling to […]
Picture yourself standing in the middle of a crowded stadium. You’re in the heat of competition in front of 100,000 screaming fans, and at least half of them aren’t cheering for you. Some of that 50 percent even hate you. They don’t just hate you, they are letting you know why and precisely how much they despise […]
On Monday night, Elon Musk and his aerospace company SpaceX made history, finally demonstrating their reusable rocket technology. Engineers successfully returned the company’s Falcon 9 rocket to Earth, landing it vertically on a landing pad at Cape Canaveral, Florida — just ten minutes after it blasted off for its jaunt to space and back. The […]