Indian IT services major Infosys is acquiring automation technology firm Panaya for an enterprise value of $200 million in a all cash deal. New Jersey based Panaya is a Software as a Service (SaaS) company which provides cloud based quality…

A very Happy 66th Republic Day to our readers! As is customary, here is the weekly wrap-up of all the posts we published on trak.in last week. If you were offline for some reason, it is a good way to catch with everything that happened…

The Indian customer and his behavior patterns are changing constantly in the FMCG (Fast Moving Consumer Goods) industry especially with Food products leading the market break up with 43%. But consumer durables have seen a high increase in…

As 2014 slowly curls itself up, giving way to 2015 to enter, let us recap some of the major news events which every Indian talked about. There are some stories which rejoiced us, and made us proud; then there are some events which made us…

Imagine, in the 2016 Olympics at Rio, Usain Bolt is getting ready for a sprint to record a hat-trick of gold medals and you are enjoying it on your mobile phone in office. Yes, uninterrupted streaming of TV channels on your mobile is not…

Indian tourism industry will never be the same again. In a historic decision, Indian government has now allowed visa on arrival for citizens from 43 countries, who can make an entry at any one of the designated 9 international airports in…

Mergers and acquisitions (M & A) is the area of corporate finances, management and strategy dealing which deals with purchasing and/or joining with other companies. Though the two are often mentioned together, a merger is very…

In a major blow to the dynamic home shopping industry in India, Star Network has sold it’s stake in their venture: Star CJ Network and has quit the industry. Providence Equity Partners has bought Star Network’s stake for an undisclosed…

Mukesh Ambani led Reliance Industries Limited (RIL) has acquired controlling stake of 78% in Network 18 Media & Investments Ltd (NW18) for Rs 4000 crore; along with its subsidiary TV18 Broadcast Ltd. This has been hailed as the…

Hiring in Indian eCommerce market is posed for an explosive growth. As per research accomplished by various HR consultancy firms, it has been revealed that more than 50,000 jobs would be generated in the next 2 to 3 years by Indian…