Business News | Page 139

Extended festive season with mega Flipkart and Amazon sales

It's an extended festive season this year, both at home and at stores. Ganesh Chaturthi is arriving at the end of this month, two weeks earlier than 2016, and so is the online sale extravaganza.

BookMyShow acquires Sharjah-based Nfusion in an all-cash deal

Mumbai-based online entertainment ticketing platform, BookMyShow, announced the acquisition of Sharjah-based audio and video on-demand platform Nfusion for an undisclosed amount, in an all-cash deal.

Apple's "Make in India" hub calls for policy change

The Cupertino-based tech giant has been asking the NDA government to provide tax breaks to its suppliers if India intends to become a manufacturing hub for iPhones and its components.

Paytm plans messaging service, WhatsApp's honeymoon goes sour from here

Things are going to get really interesting, as according to reports, Paytm is planning to bring its own messaging service to counter WhatsApp by the end of this month.

A month into GST and automobile companies are shining

Although monsoon months are generally rather slow for new vehicle sales, quite a few top brands in the Indian automobile sector have performed rather robustly in the month of July.

Who will replace Travis Kalanick as the next Uber CEO?

After firing Travis Kalanick, Uber is searching for his replacement and wants to find the new CEO by Labor 4 September.

eBay closes sale of India arm to Flipkart

Four months after announcement of the sale, Flipkart has closed the acquisition of eBay's India arm.

Snapdeal 2.0, the story of not giving in to pressure

Snapdeal is ready to bend but it's not ready to snap. There will be no sale.

Jio effect: RCom offers dongle+1GB/day+SIM at Rs. 5,199!

Jio has unleashed a bloodbath in the industry. In the latest offer in the market, Reliance Communications is selling a 4G SIM card plus a Wi-Pod dongle plus a whopping 1GB data per day for a year, all at Rs. 5,199.

Flipkart launches budget brand 'Billion' for desi sellers and customers

Flipkart has launched 'Billion'- a 'Make-in-India'-inspired initiative that will partner with Indian sellers to cater to Indian customers.

Largest possible Chinese investment in India stalled by government

Amid the India-China standoff at Doklam, a central panel has stalled a bid by a Chinese pharma group for majority stake in a Hyderabad-based brand.

Boeing pegs India's demand at 2,100 aircraft, over 20 years

India is now one of the fastest growing aviation markets, thanks to affordable pricing and preference shift. With domestic passenger traffic witnessing a growth of 20% and more in the recent years, aviation numbers will continue to rise.

Voto, Infinix, Comio ready to make smartphone debut in India

India's growing demand for affordable handsets is now attracting relatively unheard names.

FreeCharge staff gets retention bonus, Snapdeal 2.0 begins

Post announcement last week that FreeCharge will now be sold to private sector lender Axis Bank for Rs. 385 crore, employees are now being given six-month retention bonus to ensure that the integration takes place without any hiccups.

Snapdeal calls off merger talks with Flipkart

Six months after intense negotiations, Snapdeal has called-off talks with Flipkart regarding a potential merger.

Flipkart's orders being delivered by Amazon? That's perfectly fine

To grow as a business you have to look at the bigger picture.

Reliance JioPhone effect: Idea to launch affordable 4G phone

Further disrupting the Indian telecom market, Reliance Jio recently unveiled the ultra-cheap 4G VoLTE JioPhone at Rs. 1,500 deposit (fully-refundable after three years).

Sadhu Ramdev, Seva Patanjali

If telecom then Jio, if payments then Paytm, if FMCG then Patanjali - Let me clarify. These are the names of the disruptors.

Multi-million dollar Zoho Corp powered by high school graduates

Zoho Corporation is a Chennai-based software company offering cloud-based products like Zoho Mail, Zoho Docs (like Google Docs), accounting software Zoho Books and several others, some of which are used by giants like Amazon, Suzuki, etc.

Reliance Jio Effect: Telecom operators roll out cheap data plans

When Reliance Jio launched last year, it took the telecom sector by storm.

Here's how to sign up for Jio's 'free' phone

It's been a week since Jio launched its 'free' new feature phone. Earlier, it was rumored that pre-booking would start in 10 days.

Xiaomi surpasses Samsung in budget smartphone segment

As the 4G handset base in India crossed the 150 million units mark in the second quarter of 2017, data showed that Xiaomi had toppled Samsung as the top smartphone seller in the under-Rs. 10,000 segment of the smartphone market.

India-made Volkswagen Vento is Mexico's third-largest selling car!

German automaker Volkswagen's India unit has achieved yet another milestone after starting exports to Mexico in 2013.

Twitter is losing user base, blue bird is in trouble

Twitter might be Trump's favorite place to rant but numbers suggest that the blue bird is feeling far from chirpy.

Ola and Zomato partner up to enhance customer experience

India's home-grown cab aggregator Ola is partnering up with another Indian start-up Zomato to bring a range of integrated exclusive offerings to the users.

Axis Bank reappoints CEO Shikha Sharma for 3 years

The Axis Bank board has reappointed Shikha Sharma as the bank's CEO and Managing Director, finally putting an end to speculations of her exit.

Jeff Bezos overtakes Bill Gates as the world's richest man

Amazon will give 10% cash-back even on returned products

Amazon India is going all out to make sure it has the larger market share in the Indian e-commerce space.

Facebook to launch its own TV shows by August!

Facebook has been competing for years with TV for advertisements; however, it no longer wants to just "compete", it wants to take over TV!

The start-up funding game, in focus now, SAIF Partners

India has seen its fair share of start-up success and failures stories. A start-up begins with a vision but to make it a reality, it often needs funding. One of the ways to go about it is via venture capitals

Facebook's financial report shows solid growth, strong sales numbers

Beating analysts' estimates social media platform Facebook has reported a solid quarter banking on the demand for its mobile ads and the ability to garner new users with its suite of apps.

Mondelez ties-up with Amazon to indulge India's sweet tooth

In order to bite into the flourishing Indian e-commerce market and to indulge the sweet tooth of more customers, leading chocolate and confectionery maker Mondelez has now partnered with Amazon India.

Axis Bank acquires FreeCharge for Rs. 385crore in cash deal

Axis Bank reported that they have acquired FreeCharge, owned by ecommerce platform Snapdeal, for Rs. 385 crore in an all-cash deal.

Airtel all set to launch VoLTE service to counter Jio

According to reports, India's leading telecom operator Bharti Airtel plans to roll out its VoLTE service in the entire country by the end of this financial year.

BMW confirms Electric Mini; to go into production in 2019

BMW has announced that it will build an all-electric model of the three-door Mini in the UK's Oxford.

Amul Girl: One of the longest and cheapest ad campaigns

When the Women in Blue lost the World Cup, Indians showered praises on the players.

Adobe to pull the plug on Flash Player in 2020

Adobe Systems is going to end an era by retiring its once-popular Flash Player plug-in by 2020.

Android users are shifting towards Apple's iOS platform, says report

Nobody can refrain from taking a bite out of the forbidden Apple, it appears.

Facebook is going bullish on Instagram's revenue potential

Facebook threw a curve ball when it, without any prior notice, decided to report solely GAAP earnings last quarter.

Report: Snapdeal board accepts $900-950 million revised offer from Flipkart

After months of suspense and speculations, the future of Snapdeal has finally been decided. According to Reuters, the Snapdeal board has accepted the revised offer of $900-950 million by Flipkart.