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One97 communications, paytm, paytm to invest rs 12,000 crore, Softbank to invest in paytm, paytm digial wallet company, fintech companies in india, paytm investors

Warren Buffett-led Berkshire Hathaway invests over Rs 21 billion in Paytm

The fresh round of investment has increased Paytm's valuation to Rs 731 billion ($10 billion). Sep 28, 2018
Elon Musk Calls British Diver Who Helped Thai Schoolboys Is A Pedo Guy In Twitter Outburst

Tesla CEO Elon Musk sued for fraud; calls lawsuit unjustified

The lawsuit filed on Thursday in a federal court seeks to bar Musk from serving as an executive or director of publicly traded companies like Tesla. Sep 28, 2018
Anil Ambani

Anil Ambani planning to give up control of Reliance Communications?

The company will only own the undersea telecommunications cable system, data centres, and business-to-business connectivity services. Sep 27, 2018
Jet Airways

Fresh trouble for Jet Airways employees as the airline defaults on salaries again

The beleaguered airline has requested 10 more days from its employees to clear the balance 25 per cent of the salary dues for the month of August. Sep 27, 2018
Made-in-India Mercedes-Benz GLC rolled out

US to welcome made-in-India Mercedes-Benz GLC soon; a blow to China?

Mercedes-Benz has already started shipments from Chakan plant near Pune and the made-in-India SUVs should reach the US next month. The GLC SUV is one of the bestselling models of Mercedes-Benz in the North American market. Sep 27, 2018
Rajnish Kumar

LIC, SBI to avoid India's 'Lehman moment'; may increase stakes in IL&FS

The idea of two publically-owned companies increasing their stake in IL&FS was muted on Tuesday at a meeting held under the chairmanship of Finance Minister Arun Jaitley Sep 26, 2018
Manoj Sinha, Sadanada

Cabinet approves new telecom policy aiming $100 billion investment, 4 million jobs

Communication systems have been evolving at a rapid pace globally, especially in areas like 5G, Internet of Things and Machine to Machine Communication. Sep 26, 2018
Swiggy

Swiggy to partner with 300 delivery-only kitchens for faster customer service

By 2020, the company aims to spread the access kitchens across 30-40 cities in the country through tie-ups with hundreds of restaurants. Sep 26, 2018
Arun Jaitley

Cabinet approves GST Network to become govt-owned company

The announcement was made by Finance Minister Arun Jaitley on Wednesday, September 26, as he said that the government will now own 100 percent of the GST Network. Sep 26, 2018
JioPhone launch at RIL AGM

Reliance Jio shows impressive growth in customer addition; attracts rural customers

Jio's subscriber market for July rose to 19.6 per cent hence overtaking both Vodafone India and Idea, which were operating as separate entities at the time. Sep 26, 2018
JSW Steel quarterly result

JSW Energy may buy General Motors' Pune plant to make electric cars

JSW Energy reportedly plans to roll out its first electric vehicle by 2020. The Sajjan Jindal-led business conglomerate seems to have found GM's Talegaon plant in Pune as the base for its EV foray. Sep 26, 2018
Tata Consultancy Services

TCS sued by 3 US citizens over employment discrimination

The three complaints -- Darryl Stacy, Donald Stephen Bradley, and Hesham Hafez -- have alleged that TCS prefers to bring in the human resources from India even though there are able and trained US citizens Sep 25, 2018
Facebook

Instagram co-founders resign over differences with Mark Zuckerberg

Instagram is expected to get more tightly integrated with Facebook and could become a product division rather than being an independent operation after the exit of its co-founders. Sep 25, 2018
Facebook

Former content moderator sues Facebook over mental trauma

The company has said it was "reviewing" the lawsuit and took moderator support "seriously" and pointed to its existing assistance, including "in-house" psychological and wellness support. Sep 25, 2018
OYO room

Oyo secures $1 billion in fresh funds to drive China expansion

The billion dollar boost comes from existing investors such as SoftBank Vision Fund, Sequoia Capital and Lightspeed Venture Partners. Sep 25, 2018
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