Department of Industrial Policy and Promotion under Ministry of Commerce and Industry, which is the decision making body for all FDI (Foreign Direct Investment) related matters in India, have released the updated and consolidated FDI…

Capgemini is acquiring iGate for $4 billion, which makes it the largest merger and acquisition of any IT company founded by Indians. Globally, this will be the largest acquisition of any IT Services based company. Capgemini is paying…

It’s Monday morning and time to do a quick wrap-up of the posts we published on trak.in last week. If you were offline for any reason, here a good way to catch up with everything that happened in Tech-web-mob space in India. In a…

Union Budget 2015-16 is being presented by Finance Minister Mr. Arun Jaitley in the Parliament today. We are bringing you the highlights and key announcements of Budget 2015-16. Union Budget 2015-16: Highlights & Key…

In one of the most comprehensive retail research conducted in India, it has been revealed that Indian ecommerce market will expand to Rs 84,000 crore in the next 5 years, which is a 10 fold increase from current Rs 7200 crore. Thus, by…

2014 probably would have been the most fascinating year for e-commerce in India. This year witnessed acquisition of largest fashion e-tailer- Myntra, Reliance’s entry into e-commerce, Flipkart’s Big Billion Dollar Day blunder and many such…

As of now, there are 2325 billionaires all over the world, controlling assets worth $7.3 trillion in terms of real estate, cash, bonds and other investment tools. Both of these numbers signify a very important trend in the wealth creation…

India’s largest ecommerce portal has just inked India’s largest office space deal in Bangalore. 3 million square feet of office space in Bangalore would now be used by Flipkart to house its ever-burgeoning staff. Flipkart has chosen…

Leading online classifieds site Quikr has raised $60 million (around Rs. 365 Cr) in their latest round of funding led by Tiger Global Management. With this round of funding Quikr’s valuation has now ballooned to around $300 million (Rs.…

The consumer services industry that has historically evolved from the needs of the end consumers, is today at the threshold of witnessing unprecedented growth. Rising average income levels, growing disposable incomes, unprecedented growth…