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Flipkart buys e-Bay India even as it raises $1.4 billion at $11.6 billion valuation

The e-commerce space in India is marked by intense competition between Snapdeal, Amazon and Flipkart.

Apr 10, 2017

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Jaguar Land Rover sales up 16% in FY2017

In 2016-17, Jaguar Land Rover (JLR) sold 604,009 cars as against 521,571 units sold in the preceding fiscal.

Apr 8, 2017

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Mahindra electric cars poised to get a boost from Ola

The boost for Mahindra electric cars is expected to come from cab-hailing company Ola and urban transport service Lithium Urban Technologies.

Apr 8, 2017

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Cab hailing services: Ola ramps up electric vehicles push in India

The company will also invest in setting up charging stations in the pilot cities, says chief executive Bhavish Aggarwal.

Apr 8, 2017

Play

The Pink Star diamond ring: The most expensive jewellery in the world

The worlds most expensive gemstone, The Pink Star, was auctioned at a whopping $71.2m (£57m) in Hong Kong. The 59.6-carat gem is the largest pink diamond ever auctioned, which doubles the size of the runner up the Graff Pink.

Apr 7, 2017

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Reliance Communications lays off 800 employees: Report

Falling revenues and margins are forcing Anil Ambani's Reliance Communications to take drastic steps such as laying off employees.

Apr 7, 2017

Einride's self-driving electric vehicle T-Pod

This futuristic transportation system may end the supply chain industry as we know it

Einride's T-Pod is a self-driving carbon-neutral electric vehicle designed to control several trucks remotely by a single person.

Apr 7, 2017

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SBI bad loans balloon, post-merger provisioning likely to spike

SBI's five associate banks reported a 172.8 percent increase in gross NPAs at Rs 55,164 crore in the December 2016 quarter.

Apr 7, 2017

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Uber takes $18 billion hit in mock funding round

In a survey done by CB Insights, 77 percent of the 3,500 respondents say they won't invest in Uber even at $50 billion valuation, a far cry from $68 billion few months ago.

Apr 7, 2017

Bad news for Jio users: Reliance Jio Summer Surprise offer withdrawn

Mukesh Ambani led Reliance Jio had to withdraw its Summer Surprise offer after Trai advised it to roll back the plan. TRAI had complaints from Jio's competitors Airtel and Vodafone

Apr 6, 2017