Food delivery playform Zomato on Tuesday acquired Indian operations of Uber Eats for around $350 million (Rs 2,485 crore). All Uber Eats customers in India will be shifted to Zomato from 7.00 am on January 21. “We are proud to have pioneered restaurant discovery and to have created a leading[Read More…]
The agency said that the arrest of Thampi comes in the wake of the investigation involving Vadra, who is being probed in a money laundering case involving foreign assets worth pound 1.9 million in the UK.
Founded in 2014 by Penn/INSEAD alum Ritu Verma and ex-COO of Zee e-learning Rema Subramanian, Ankur Capital’s first fund invested across 14 companies covering sectors across agritech, food, healthcare and vernacular technologies.
Mahindra & Mahindra Ltd (M&M) executive chairman Anand Mahindra will be taking on the role of non-executive chairman after steeping down as Group Chairman from April 1, 2020. According to the reports, current managing director of M&M will be promoted as managing director and Chief Executive Officer with effect from 1 April,[Read More…]
WeWork had purchased the startup in August, which helps high-end restaurants function as co working spaces during slow times.
Last week, Yes Bank had announced plans to raise up to $2 billion from domestic and global investors. Erwin Singh Braich had expressed interest to invest up to $1.2 billion in the bank.
BSE established India INX on 30 December 2016. India INX is the first international exchange of India.
With 28.1 per cent growth, the platform’s gross bookings reached $5.4 billion in the 2019 financial year compared to the previous year.
Core Sector put up worst show in 14 years, shrunk 5.2 per cent in September and this is likely to have impacted most the second-quarter GDP growth, numbers, according to officials.
Morgan Stanley on Wednesday took an ‘overweight’ view on the ICICI stock, which in market parlance signifies that a particular stock will outperform others in its sector or in the market.
Flipkart said the feature aims to empower consumers across tier-2, tier-3 cities and beyond in rural India, as it seeks to bring the next 200 million consumers online.
Consumers make the maximum online financial transactions for shopping (91 per cent) closely followed by bill payments (88 per cent).
According to a Bloomberg report, the Japanese major is in talks to acquire a stake in the Indian television network controlled by Mukesh Ambani, in a bid to tap the booming demand for content in the country.
Meanwhile, Yes Bank also confirmed that the DBS acquisition reports were false.
Sarabjit Singh, Managing Director, Akal Information Systems Ltd is awarded the Udyog Rattan Award, 2019 by ‘Institute of Economic Studies’ for his exceptional work in accelerating the economic development of the country through cutting edge & innovative IT Solutions and Services. This award is also recognition of the role; Akal[Read More…]
The bank’ shares increase by 34.95 per cent to 76.65 on the Bombay Stock Exchange.
“The gross net reduction of employees will be 5,000 to 7,000 roles,” Humphries said.
By logging the E-filing website of the income tax department an individual can file Form 10A online.
The US-based e-commerce giant’s board on October 17 also allotted 90 crore shares of Rs 10 face value, aggregating Rs 900 crore to Amazon Pay India Ltd on rights basis.