Are you looking for a new smartphone? Well, the most popular price segment in case of the smartphone market is the under Rs 15,000 segment. From the last few years, a number of latest technology smartphones are being launched at reasonable prices. In this situation, generally, the customers get confused about the best device they […]
It’s just been three months when Food Delivery Platform Zomato raised $200 Mn from Ant Financials and now it is gearing to raise fresh $200 Mn from Alibaba. Interestingly, Zomato’s arch-rival Swiggy is too nearing to acquire unicorn status as it is reportedly raising $200 million from Yuri Milner’s DST Global. While Swiggy has declined […]
Market Regulator, SEBI is gearing up to modify Initial Public Offering (IPO) norms in India making them less arduous for legitimate sellers while putting down on the possible misuse. The revamp includes the inclusion of a broader set of institutional investors such as alternative investment funds (AIF’s) for counting promoter’s contribution in startups, reducing disclosure […]
The popular taxi cab company Uber Technologies Inc. has announced the elevation of Pradeep Parameswaran as the new President of India and South Asia with immediate effect. The new President has replaced Amit Jain who was appointed as a head in the entire Asia Pacific region for Uber in May this year. Jain is a key member […]
Foreign residents flying between India and Dubai have a good news for them! The UAE government has announced to grant free transit visas for first 48 hours to transit passengers. Additionally, the visa can be extended for up to 96 hours by paying 50 Dirham (about Rs 930). Though the confirmed date for the service […]
With the increasing growth and competition among the taxi cab services online, Uber in India has introduced its less data consuming app known as ‘Uber Lite’. The app has been made in India but can be used by any Uber user across the globe. The app launches first in India and then in other parts […]
Singapore based vehicle assistance company ONB Technologies Pte Ltd which also known as 21North in India secures $7.4 Million (50 Crore INR) funding from Paris based global assistance firm Europ Assistance. In India, 21North operates in 11 cities and seeks to expand services to 40 cities soon. They currently delivering services to 35,000 vehicles/month and projected to […]
ZTE Corp, China’s leading telecommunication equipment maker has signed an agreement in principle that would lift a US Commerce Department ban on buying from US suppliers, as informed from the sources. ZTE had to cease its major operations post a seven-year ban imposed on the company in April when it breached the 2017 agreement and […]
India’s largest public sector bank, State Bank of India (SBI) which has failed to invest in fintech startups despite earmarking funds, is now gearing up to modify rules that can kickstart the infusion, as reported a top company official. The bank which has designated Rs 50 crore to invest in fintech startups is now going […]
Softbank Group Corp has promoted Rajeev Misra, the chief executive officer of Vision Fund as the executive vice president of the Softbank board of directors, a move that would now place the director in the list of those in the line up to succeed the Tokyo-based company’s founder Masayoshi Son. Misra took over as CEO […]
Zomato, the popular online restaurant search platform is all set to expand its ordering and food delivery services in North as it has decided to kick-start its operations in Lucknow and Ludhiana, as informed by the company on Friday. With the launch of Zomato’s services in these two cities, Zomato’s online network has now stretched across […]
Nikesh Arora, an Indian businessman who was the president and COO of SoftBank Group, has now been appointed as the CEO and chairman of ‘Palo Alto Networks’, the global cybersecurity leader. Arora has replaced Mark McLaughlin who has been the head for nearly seven years and has played a major role in its difficult stage […]