Online aggregator of branded hotels OYO Rooms has expanded its presence in the north-east by offering more than 250 standardised rooms in Gangtok and Darjeeling. “We have made significant investments to expand our presence in key tourist destinations in the north-east like Gangtok and Darjeeling. Our teams have worked very hard to deliver OYOs level […]
Internet giant Google’s I/O (input/output and ‘Innovation in the Open’) conference is around the corner and developers around the world are awaiting to discover the latest version of the Android operating systems. Google may unveil a modular smartphone this year. According to reports, the tech giant is developing an environmental friendly and cost-effective smartphone with […]
Indian Railway Catering and Tourism Corporation (IRCTC) has launched a new scheme that provides 50 percent cash back offer on pre-paid orders having a minimum value of Rs 300, a move set to further boost its e-catering facility. The facility has become available on IRCTCs e-catering website since May 13, said IRCTC CMD AK Manocha. […]
What’s behind the accusations that Facebook is manipulating its “trending topics” feature to promote or suppress certain political perspectives? According to the technology blog Gizmodo, a former Facebook contractor with self-described conservative leanings said Facebook downplayed news that conservatives are interested in and artificially promoted liberal issues such as the “BlackLivesMatter” hashtag. Gizmodo did not […]
As Apple slugs it out with FBI on privacy issues, Indian govt has said strong encryption technology to secure data and communications in smartphones, including those made by the US-based firm, is a challenge for law enforcement agencies. It said however that a tool for mobile forensics has been developed to handle smartphones including Apple. […]
Startups and entrepreneurship are the buzz words in today’s world. The seemingly overnight successes of Google, Facebook, Twitter & Uber have inspired people, especially young university graduates, to stop working for others and go out to try their luck. Over the last 5 years, we have seen exponential growth in the number of startups across […]
Hyderabad based Life Circle Health Services has raised an amount of $150,000 as funding from European senior healthcare service provider GROUPE SOS. Life Circle is a home nursing service start-up being incubated at T-Hub, an incubation centre initiated by the Telangana government. Anant Kumar, Founder and CEO of Life Circle, said that they have offered […]
Japanese telecom giant SoftBank today said its investee companies in India – Snapdeal, Oyo Rooms, Ola and Hike – saw good traction even though its own profits dropped 27 percent for the fiscal ended March. SoftBank’s sales for 2015-16 totalled 9.15 trillion yen ($84 billion), up nearly 8 percent from the previous financial year. Chief […]
NearU App, an Online to Offline (O2O) App Signs up 6000 Retailers in 6 Months Including Marquee Brands, Empowering Them to Push Deals to Their Target Customers, Anytime, Anywhere. The Indian Retail Industry today comprises of 7.5% organized retail, 92% unorganized retail and a meager 0.50% of e-tail. This clearly reflects the scope of tapping […]
Financial services firm JM Financial today said it has acquired close to 10 per cent stake in peer-to-peer (P2P) lending startup Faircent. Though the amount has been undisclosed but it’s estimated to be close to Rs 16.5 crore (between USD 2.5 million to 3 million). In a filing to the BSE, the company said its subsidiary […]
An HSBC analyst report marked down our valuation from $1b to $500m. For starters, this is very different from all the markdowns so far where investors have marked down their own investments. But given all the media reports, I got a lot of questions from people at Zomato about what’s going on. Here’s an email […]
According to the report, LinkedIn is in the process of discussing a similar product with publishers that will enable the latter to publish their stories on LinkedIn. Facebook’s Instant Articles, where publishers post content directly on to Facebook instead of putting links that direct users to their websites, has been a success with both publishers […]