Topics: Business

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...

AllOut co-founder Anil Arya to acquire online dairy startup Mr. Milkman

Anil Arya, who previously cofounded AllOut, a mosquito repellent company is reportedly planning to acquire a Gurgaon based dairy startup MilkMan for an undisclosed...

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...

Singapore based fintech startup Instarem secures $20 million in fresh round funding

Instarem, a Singapore based digital payment startup on Wednesday announced the first close of its $45 million in C series funding by closing over...
- Advertisement -

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...

Google replaced Google Cloud CEO ‘Diane Greene’ with Thomas Kurian

Diane Greene, who was hired a three years ago by Google to run Google Cloud Business has been unexpectedly replaced with Thomas Kurian an...

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...

Perpule secures $4.7 million in series A round funding from Prime Venture, Kalaari Capital and Venture Highway

A Bengaluru based Omni-channel retail technology startup Perpule has secured $4.7 million in series A round funding, led by Prime Venture Partners with the...
- Advertisement -

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...
- Advertisement -

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...

No “settlement” talks with Qualcomm says Apple

Apple is not in talks "at any level" to settle its wide-ranging legal dispute with mobile chipmaker Qualcomm, according to a source familiar with...

SIDBI to introduce internal assessment model to rate the venture capital

Small Industries Development Bank of India (SIDBI) is planning to introduce an internal assessment model to rate the venture capital firms before investing in...

Hong Kong’s SFC plans to monitor crypto exchange

Hong Kong’s Securities and Futures Commission (SFC) will propose a regulatory regime known as a “sandbox” for crypto exchanges in the Asian financial hub,...

WhatsApp to invest $250k in five Indian startups

Facebook owned instant messaging company, WhatsApp on Wednesday, announced "that it has partnered with Invest India to organize a startup challenge in the country with the aim...
- Advertisement -

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...

Fintech startup NIRA secures $1Mn in seed round funding

An India based Fintech startup NIRA, on Tuesday announced that "It has secured $1 million in seed round funding from angel investors in India...

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...

FinTech startup IndWealth secures $30 million from Steadview Capital

Ashish Kashyap, Former CEO of Ibibo on Monday announced: "his new venture IndWealth has secured $30 million from Steadview Capital." The company in a statement...
- Advertisement -

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...

Online Grocery startup, Grofers is planning to secure fresh round funding from SoftBank

According to the ET reports, India-based online grocery startup Grofers is planning to raise $140mn-$150Mn in fresh round funding, which will be led by...

Elon Musk says $20 Mn in fine, for a tweet worth it

Tesla Inc, Chief Executive Elon Musk said the tweet that cost him and the company $20 million in fines each by the U.S. Securities...

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...

Snap expects to lose more users, shares crashed

(Reuters) - Snap Inc lost more users than Wall Street expected in the third quarter as it continued to grapple with an unpopular redesign...
- Advertisement -

Trending