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Softbank, Alibaba, Tencent & Flipkart Lining Up To Invest In Swiggy!
Swiggy currently holds the largest market share in the online ordering industry in India where it competes strongly with Zomato, it’s closest rival.
Govt Eases FDI Rules – Startups Can Now Raise $3 Million Every Year From Overseas Investors…
During the 2016 Union Budget, FDI in startups was a burning issue, and Govt. was requested to make it easy for startups to raise funds from foreign investors.
In March this year, when Govt. allowed 100% FDI in B2B online…
Now Get Live Stock Updates on Twitter From BSE!
Bombay Stock Exchange has tied-up with Twitter, a social media networking site, to provide live stock updates to Twitter users. This is a first of its kind partnership in Asia between a social media company and a stock exchange.
The…
In a Surprising Move, Nikesh Arora Resigns from Softbank!
Nikesh Arora, who has been frequently in the news since he joined Softbank in 2014 has resigned from Japan’s third-largest telecom service provider and one of the marquee investors in companies around the globe.
The move comes as a…
5 Facts About Ant Financial Which Became World’s Most Valuable Private Internet Company At $60B…
Ant Financial, which is an affiliate of Alibaba has successfully raised $4.5 billion from a bunch of high profile investors. Valued at roughly $60 billion, Ant Financial has now become world’s most valuable private Internet company.…
Xiaomi Strategically Invests $25M in Hungama, Will Integrate VoD Service on MI Handsets
Xiaomi, the Chinese mobile manufacturer has just made their first investment in India; and going by the looks of it, it is clear that they are into something big.
For their first ever investment, they have chosen Hungama, which…
Uber to Invest INR 120 Cr in Haryana to Improve Transport Services in Gurgaon
It has not even been a month since Uber decided to invest in Maharashtra and create jobs for the people in the state, that it announced its investment plans for Haryana as well.
If you stay or work in Gurgaon, you will have noticed…
Oracle to Invest $400M in India, New Campus & 9 Incubation Centres Coming Up!
Oracle, one of the largest American computer technology company headquartered in California, now plans to invest $400 Million through three new initiatives in India.
India is now seen as a major technical hub of the world with global…
Uber Signs Agreement with Maharashtra Govt to Create 75,000 Jobs #MakeinIndia
Taxi-hailing application, Uber, has signed a Memorandum of Understanding(MoU) with the Maharashtra Government to help in creation of 75,000 jobs across the state over the next 5 years. Uber will be aiding the government in training men…
India Beats China In Attracting Funds for Engineering R&D; Cisco Claims 9% Of Their Global…
It’s not just outsourcing and software development which is growing in India; the new frontier is Research and Development (R&D) and India is leading the way in this niche as well.
As per various reports by industry veterans, it…
FDI In Trouble? SJM Opposes FDI Reforms By The Govt; Says It May Harm The Economy
It seems that not everyone is on the same page, when it comes to the recent, historical FDI reforms introduced by the Govt.
Swadeshi Jagran Manch (SJM), an affiliate of Rashtriya Swayamsevak Sangh (RSS) has openly criticized the…
Diwali Gift From Modi Govt: FDI Norms In 15 Sectors Eased; Single Brand Retail & Ecommerce…
After the Bihar Elections debacle, Modi Govt. was quick to take some concrete action for improving Indian economy and to attract more foreign investors. In a move which can be described as historic, to say the least, Govt. has eased FDI…
India Becomes World’s Top FDI Destination, Beats USA & China In Attracting Investors
It’s payback time for PM Modi’s critics, who were restless on the real progress and growth trajectory of Indian economy.
Financial Times have declared that India is now world’s top FDI destination, as we attracted $31 billion from…
$5 Billion In 5 Years – Foxconn Picks Maharashtra For Make In India’s Biggest Investment Till Date
Make in India campaign is not only creating jobs and products, but it’s also creating history.
Foxconn has signed an MoU with Maharashtra Govt., which will bring in investments worth $5 billion (Rs 31,000 Crore) in the next 5 years,…
Amazon Adds Bankbazaar.com To It’s Cart, Invests $60M To Enter Online Financial Market
Spending first few years of his career working on the Wall Street and leaving his Hedge fund job to start Amazon, Jeff Bezos is all set for his big break to return to the world of finance. Amazon seems to be active on this front, a few…
India Beats US & China To Become World’s #1 Investment Destination: Report
As per a ranking methodology formulated by acclaimed Economist and bestselling author Daniel Altman, India has been ranked world’s number 1 investment destination, overtaking economic superpowers US and China.
This ranking…
Ratan Tata’s 9th Investment In 10 Months Is a Chinese Mobile Company Xiaomi!
Padma Bhushan, Padma Vibhushan & Chairman Emeritus of $100 billion Tata Sons, Ratan Tata, has become the first Indian to invest in the Chinese mobile startup Xiaomi. 78 year old Ratan Tata’s investment in the $48 billion worth…
Infosys Sets Aside Rs 750 Cr Funds For Startups From India, Israel & USA
In January this year, we had reported that Infosys has boosted their start-up funds to $500 million or Rs 3000 crore, which was earlier $100 million (Rs 600 crore). Now, as per reports coming in from Bangalore, Vishal Sikka, CEO of…
Paytm Becomes Ratan Tata’s 5th Ecommerce Investment
As per reports coming in, Ratan Tata has invested an undisclosed amount in Paytm, India’s largest mobile ecommerce company. This makes Ratan Tata’s 5th venture into ecommerce space.
Ratan Tata, Chairman emeritus of $100 billion Tata…
RBI Earmarks Rs. 2000cr to Fund Indian Startups In 2015
In an effort to bring back all the desi entrepreneurs from overseas and curb startups from move from Indian shores , the government has directed RBI to set aside Rs. 2000 crore for startups for Financial year 2014-15.
This is…