Business

Cisco Appoints Pete Shimer to Board, Daniel Schulman to Step Down

Cisco Systems (NASDAQ:CSCO) has appointed Pete A. Shimer to its board of directors, while Daniel H. Schulman will step down from the board, according...

Cisco Director Pete Shimer Files Initial Ownership Disclosure with SEC

Cisco Systems (NASDAQ: CSCO) board member Pete A. Shimer has filed an initial statement of beneficial ownership with the U.S. Securities and Exchange Commission...

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Carlsberg India sales increased by 23 percent

A Denmark based brewer company Carlsberg on Monday announced that "The company has reported an increase in its India business which grew by 23%...

Grab to invest $100 Mn in OYO rooms, through A1Holdings Inc

A Singapore based Taxi company Grab is reportedly planning to invest $100 Million in Indian hospitality chain  OYO rooms as a part of an...

EaseMyTrip eyes sales worth Rs 7,800 crore in Fiscal Year 2020

Online travel firm EaseMyTrip is looking to more than double the sales on its platform to up to Rs 7,800 crore in the next...

Ford India reports 26% downfall in sales in November

India's sixth largest automaker company, Ford India, on Saturday reported a downfall by 26.32 percent in its sales of 19,905 units for November as...

Indian Startups : Bombay Stock Exchange create new division for listing startups

New Delhi: To make stock market listing attractive for startups, BSE Ltd today announced the creation of a new division within its SME segment...

Logitech to acquire US headphone maker Plantronics

Logitech International SA, the Swiss manufacturer of keyboards and webcams, is in discussions to acquire Plantronics Inc, the US maker of Bluetooth earpieces and...

HCL Technologies is planning to invest more Nordic region

IT services major HCL Technologies will continue to invest significantly in the Nordics region as it expands its headcount and delivery capabilities to further...

T-Mobile, Sprint acquisition deal to complete by the first quarter of 2019

T-Mobile, majority owned by Deutsche Telekom AG, agreed in April to buy wireless carrier Sprint and the deal was initially expected to close in...

Apple signs a multi-year deal with A24 to produce original shows for it users

According to the CNBC reports, "American technology giant Apple Inc has partnered with the A24 entertainment company to produce films for the company." The terms of...

BlackBerry to acquire AI and cybersecurity firm Cylance for $1.4 bn

The Canadian technology giant BlackBerry Ltd on Friday made an announcement of one of it's biggest acquisition made by the company till to date. In...

Chinese crypto miner maker Canaan’s IPO application is likely to be delayed

Canaan Inc, one of the world’s leading cryptocurrency mining equipment makers, has let its application for a Hong Kong IPO of at least $400...

Tencent profit increased by 30 percent in Q3

Tencent Holdings said on Wednesday its third-quarter net profit rose 30 percent, beating estimates, as investment gains offset a weak performance in the Chinese...

Byju’s may join as Indian startup Unicorn with the valuation at $3.5 billion

India is budding with startups and upcoming initiatives and to rank 4th in this country's startups, the class is what Byju's aspires to achieve....

Chinese largest bank to invest $200 Mn in promising Indian SMEs startups

The Indian unit of China's largest bank, the Industrial and Commercial Bank of China, has set up a $200-million fund for investing in the...

NASCAR makes an offer to acquire International Speedway Corporation

NASCAR on Friday announced that it has submitted a bid to acquire all the shares of International Speedway Corporation (ISC) which will combine both...

Grab locks $50 Mn funding from KASIKONBANK to expand financial services in Thailand

Thailand’s Kasikornbank PCL on Thursday said it has invested $50 million in Singapore’s Grab, forming a partnership that will help launch the GrabPay electronic...

Paytm records 179 Mn UPI transactions on Oct 18, sees 600% growth in 6 months

Paytm, an India-based online wallet on Friday announced that "The company has seen 600 percent growth in UPI (Unified Payments Interface) transactions. In a blog...

Walmart India to open 47 more B2B stores, plans to invest $500Mn

Walmart India on Wednesday, announced its plan to invest $500 million (approx RS 3,000 crore) to open 47 more B2B stores by the end...

Ola in talks to raise $100Mn from Hong Kong-based hedge fund Steadview Capital

India based ride-hailing company Ola, is planning to raise $100 Mn investment from one of its existing investor from Hong Kong-based hedge fund Steadview...

CII partners with WhatsApp to train Indian SME entrepreneurs

In a statement issued by Confederation of Indian Industry (CII) on Monday announced that "CII has partnered with WhatsApp to train Small and medium...

Rakuten and Tech Mahindra partners to setup 5G labs in Bengaluru and Tokyo

One of the largest software company in India, Tech Mahindra on Monday, announced the partnership with Rakuten Mobile Network in an aim to set...

IBM bags Red Hat for $34 billion

IBM Corp said on Sunday it had agreed to acquire U.S. software company Red Hat Inc for $34 billion, including debt, as it seeks...

Bessemer Venture Partners raises $1.85 Bn Fund

Silicon Valley's oldest venture firm has achieved new heights by raising up to $1.85 billion in 10th-round funding. Bessemer Venture Partners (BVP) on Friday announced...

Microsoft becomes second most valuable US company, Amazon slips to third

SAN FRANCISCO (Reuters) - Microsoft Corp regained its spot as the second most valuable U.S. company on Friday after a disappointing quarterly report from...

Chinese EV startup WM Motors is planning to raise $288.33 million from Baidu and others

Chinese electric vehicle (EV) startup WM Motor Technology Co Ltd aims to raise at least 2 billion yuan ($288.33 million) in its latest funding...

Airtel Africa, secures $1.25 billion from Softbank group and five other investors

Airtel Africa Ltd, on Wednesday, announced that "it has raised the funding of $1.25 billion from Softbank Group, Warburg Pincus LLC, Temasek Holdings Ltd...

New York DFS approves “Crypto Custody Trust” license to Coinbase

Finally, Coinbase has received the approval from the New York Regulators to from a custodial firm for cryptocurrencies. On Tuesday, The New York Department of...

Cloudflare eyes for IPO, hires Goldman Sachs for valuation

According to the Reuters reports, Cloudflare Inc, a U.S based web security company is planning to go for an IPO with the potential valuation...

Uber to invest $260 Mn in London, aims to turn all its car electrified by 2025

Uber on Tuesday announced that It will be investing $260 million to help all of its drivers in London transition to electric vehicles (EVs)...

How to Transform Your Idea into a Successful Business?

So, you think you have a brilliant idea and want to venture. Well, the truth is probably thousands or maybe million others, too, have...

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