A wedding dinner scheduled at the renovated Taj hotel in Mumbai shortly after 26/11 had to be shifted at the eleventh hour despite the food being ready to the Oberoi hostel due to a fire, making it a rare occasion when the two business rivals worked together. Karambir Kang, the then GM of Taj Mahal […]
TeamIndus has inked a commercial launch contract with the Indian Space Research Organisation (ISRO) for its mission to land a spacecraft on the moon as it attempts to win the USD 25 million Google Lunar XPRIZE. TeamIndus is the only Indian team competing for the Google Lunar XPRIZE that requires privately funded teams to land […]
Every company has managers, officers and directors who are vulnerable to external risks of claims incurred due to certain decisions undertaken in that position that may not go down well with the related parties relevant to the business. These related parties may include the vendors, customers, employees, contractors, and sub-contractors. Also, there are chances that […]
Reliance Global Call (RGC) today launched an international calling app which enables direct- dialing of contacts, doing away with the need to enter toll- free or PIN numbers. 1RGC India’, a subsidiary of Reliance Communications, also announced an introductory offer under which customers can avail talk time worth Rs 200 on sign-up with Rs 100. […]
Anil Ambani promoted Reliance Group today announced a strategic partnership with Cisco Jasper for the launch of its new venture ‘UNLIMIT’ to provide Internet of Things (IoT) services to enterprise customers across India. The outlook for IoT services in India is virtually UNLIMITed, with the number of connected devices projected to rise from 200 million […]
Flipkart’s Chief Financial Officer Sanjay Baweja has put in his papers after a two-year stint, marking the latest top-level exit at the e-commerce major. “Flipkart CFO Sanjay Baweja has quit. The company has started searching for his replacement. Baweja will continue to work with company till December 31, 2016,” an industry source told Pixr8. When […]
Leading taxi-hailing app Ola on Monday partnered with luxury car maker BMW, which the two companies claimed will go a long way in redefining on-demand luxury mobility in India. Ola claims it has around half a million drivers on its platform and the service, Ola Lux, is available in Mumbai, Delhi and Bengaluru to begin with, […]
Leading real estate player Brigade Group signed a Memorandum of Understanding (MoU) with NestAway, a premier rental solutions provider today to become the first builder in India to address the commonly-faced rental concerns of its customers on exclusive basis. Through this collaboration, Brigade Group will offer comprehensive rental assistance to all of its existing customers […]
Indias IT major Tata Consultancy Services (TCS) has been recognised as a leader among 24 companies in all categories of software testing services, according to a research-based report. The NelsonHall Vendor Evaluation and Assessment (NEAT) report 2016, analysed and indicated the overall performance of leading global vendors offering software testing services. NelsonHall evaluated 24 companies for […]
Online marketplace Snapdeal has announced collateral-free loans worth Rs 1,000 crore for its sellers ahead of the festive season to enable them to stock up adequately. The loans would be disbursed through its ongoing programme Capital Assist, which is now managed by FreeCharge and is available to all sellers and merchants on Snapdeal, Shopo and […]
Three months after its Rs 400-crore funding, Lenskart has raised an undisclosed amount from Premji Invest, the investment office of Wipro chief Azim Premji. The move will help the online eyewear retailer gain from Premji Invests extensive experience across retail brands, Lenskart CEO and Founder Peyush Bansal said. “It will also help us in our […]
Cyber security service provider Lucideus Tech has received angel funding from Amit Choudhary, director of Motilal Oswal Private Equity Advisors. The start-up, which was incubated by IIT-Bombay, has previously received funding from Anand Chandrasekaran (former Snapdeal chief product officer) and Flipkart chief financial officer Sanjay Baweja. It helps enterprises assess risks to their IT infrastructure. […]