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stayzilla cofounder yogendra vasupal arrested, stayzilla investors, indian startups, startups in india, stayzilla shuts operations, jigsaw advertising files complaint against stayzilla, stayzilla sanchit singhi, vasupal wife rupal yogendra

Stayzilla co-founder Yogendra Vasupal gets bail after 28 days

Arrested on March 14 for allegedly defrauding vendor Jigsaw Advertising, Styzilla co-founder and CEO Yogendra Vasupal gets conditional bail on April 11. Apr 11, 2017
Tesla Model S, Tesla Motors, Elon Musk

Tesla becomes most valuable US car maker; Elon Musk's electric car brand edges out GM

Tesla shares rose 3.26 percent to a record high of $312.39 on Monday. Its market value exceeded General Motors' by about $1 million. Apr 11, 2017
Reliance Jio

Here's how Reliance Jio has affected Airtel, Vodafone, Idea, BSNL: Best tariff plans for April 2017

Reliance Jio's free unlimited call and data offer has forced Airtel, Vodafone, Idea and BSNL to reconsider its tariff. Apr 10, 2017
Flipkart

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
jaguar land rover, jlr car sales, jlr global car sales fy2017, land rover car sales, tata motors, tata group, tata group m cap

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
mahindra electric cars, mahindra evs, mahindra car sales, ola, ola ceo bhavish, anand mahindra, lithium urban technologies

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
ola, olacabs, ola cabs, ola ceo bhavish aggarwal, ola founders, ola rival uber, cab hailing services in india

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
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
reliance communications, anil ambani, anil ambani group, adag, telecom sector in india, job losses in india, hiring and firing in india, unemployment in india

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
ban on currency rs 500 1,000 1000 note modi rbi demonetization black money scrapped new notes 2000 new 500 coins legal tender rbi sit narendra sbi state bank of indi atm

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

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
uber, uber valuation, uber valuation falls, uber founder Travis Kalanick, uber rival lyft, lyft valuation, ola, cab hailing company grab

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
Reliance Jio

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
pvr, inox leisure, multiplexes in india, kaabil box office collection, badrinath ki dulhania box office collection, raees box office collection, nirmal bang equities

PVR, Inox likely to report upbeat revenues for Q4, says Nirmal Bang analyst

Films such as Raees, Kaabil, Jolly LLB2 and Badrinath ki Dulhania released during March quarter buoyed sales for PVR and Inox. Apr 6, 2017
zomato, zomato revenues, zomato pornhub ads, zomato cash burn

Zomato revenues rise 80% in FY2017; Deepak Gulati appointed as COO

Food technology start-up grossed $49 million in 2016-17 and managed to cut cash burn by 81 percent YoY to $12 million. Apr 6, 2017
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