Blu Smart Mobility raises USD 2.2 million
Blu Smart Mobility has raised USD 2.2 million (over Rs 15 crore) from multiple investors led by JITO Angel Network.
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Tumblr Got Acquired by WordPress Owner
Tumblr is going to acquire by Automattic Inc., the owner of popular online-publishing tool WordPress.com.
BattRE Launches Affordable & Smart Electric Scooter
Founded in 2017, BattRE a technology-driven startup launches affordable and smart electric E-Scooters.
Rewind: How Satyam Scam in 2009 affects Indian Software Industry
How a 2009 Satyam Scam changes the Indian IT industry and tarnished the credibility of India’s IT companies.
Pierer Industrie in talks with Bajaj Auto for 48% stake in KTM
Pierer Industrie offers 48% stake of KTM to Bajaj Auto
Saurav Banerjee and Devneet Bajaj Joining as a Venture Partners in Kalaari Capital
Kalaari Capital Appointment
Infosys Q3 Net Profit Drops, Announces Rs 8,260 Cr Share Buyback
Infosys Q3 net profit drops
Facebook Accelerates Outsourcing to Indian IT Firms to Manage Fraud
The social networking giant Facebook has accelerated its reach to Indian IT services firms including HCL Technologies, Wipro and Tech Mahindra for the purpose of content moderation, anti-money laundering and data analytics as it faces increased global pressure and scrutiny to curb rumours as well as fraud on the platform. The social network has increased the engagement in the “the […]
Indian Companies to Double Tech Hiring this New Year
The Indian companies are stepping up and hiring technology talent this New Year. This is basically because digital will play an important role for many of the businesses as they gear up for disruption. According to the reports, the hiring of digital and technology talent will double in the year ahead as businesses transform, customer […]
Demonetisation was Executed Poorly, Introduction of 2000 Notes was a bad idea: Uday Kotak
In a book launch event, the MD of Kotak Mahindra Bank said the demonetisation process was poorly executed .
Paytm’s Parent One97 Communications Crosses Rs 1 lakh crore Valuation Mark
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, Mahindra & Mahindra, Bajaj Finserv, […]
Three of Top 10 Indian Firms lost Rs 1 trillion in m-cap
Three of the top 10 and India’s most valued companies together saw a dissolution of ₹1,07,026.12 crore in market capitalisation last week where IT major TCS took the biggest knock. The three companies that witnessed the same were Tata Consultancy Services (TCS), ITC and Infosys. The firms suffered a decline in their valuation for the week […]