Companies

Online discussion forum Reddit is now valued at over $10 billion: Report

Online discussion forum Reddit said that it is now valued at more than $10 billion after raising an additional $410 million in funding, with the final round expected to grow to up to $700 million, the media reported.

Aug 13, 2021

Government intervenes to save IndiGo from Jet Airways-like crash landing

From first flight to 15-year legacy; IndiGo's fulfilling journey, memorable milestones [details]

IndiGo has achieved an extraordinary feat by cruising through turbulence and strong winds of the aviation industry and still going strong after 15 long years.

Aug 5, 2021

Young gunner Shahadat Hossainn becomes a master entrepreneur

Shahadat Hossainn said I adopt the style of professional management and organizes managerial functions by setting long term objectives, formulating strategic policies, developing management information systems,

Aug 3, 2021

IndiGo reports 292% YoY surge in revenue from operations; maintains strong balance sheet [details]

IndiGo said it has a "strong balance sheet" with a total cash of Rs 17,067.9 crore including free cash of Rs 5,620.7 crore.

Jul 28, 2021

Entrepreneur Ritam Gupta On Why He Never Had Any Role Model In Life

Ritam Gupta said I believe that everyone's life is unique and that there is no need to look up to someone for motivation or inspiration.

Jul 27, 2021

SEBI probing some Adani group cos, says Minister; Firm denies any query received so far

Minister of State for Finance, Pankaj Chaudhary informed Lok Sabha that the SEBI is investigating some Adani group companies with regard to compliance with regulations but the company denied receiving any communication in this regard so far

Jul 20, 2021

Reliance Retail to acquire controlling stake in Just Dial for ₹3,497 crore; what's next for JD [details]

These investments will leverage Just Dial's existing database of 30.4 million listings and its existing consumer traffic of 129.1 million quarterly unique users.

Jul 16, 2021

FedEx invests $100 million in Delhivery; unlocks India's cross-border trade [details]

As part of the collaboration, Don Colleran, President and CEO of FedEx Express will be nominated to join the Delhivery Board of Directors. With the fresh capital, Delhivery's valuation was expected to rise to over $3 billion.

Jul 16, 2021

Governments across the globe demanding Twitter to remove content of reporters, news outlets

From July 1 to December 31, it received over 14,500 requests for information worldwide, with 30 percent of those requests resulting in the production of part or all of the requested information

Jul 15, 2021

RBI bans Mastercard from onboarding new customers in India [here's why]

Mastercard will have to advise all card-issuing banks and non-banks to conform to the latest directions given by the apex bank.

Jul 15, 2021

Adani Group takes over Mumbai Airport from GVK group

Mumbai International Airport Limited (MIAL), India's second busiest airport by both passenger and cargo traffic, passed on management from the GVK Group to Adani group

Jul 14, 2021

Zomato IPO opens on July 14; should you subscribe for listing gains [full details]

The company expects that after listing, its valuation can reach $ 8 to 10 billion i.e., Rs 60 thousand to Rs 75 thousand crores

Jul 12, 2021

Flipkart is now valued at $37.6 billion after raising $3.6B; shares plan of growth [details]

Flipkart said that this investment reflects global investor confidence in digital commerce in India, which has continued to accelerate over the last year when access to products safely and convenience took priority.

Jul 12, 2021

Sieze 20 Indian govt properties in Paris; French court rules in favour of Cairn Energy [details]

Meanwhile, the Indian government says that it has not received any notice, order, or communication from any court in France in this regard.

Jul 8, 2021

With 50+ Million Active Users, This Is How Ashish Kumar Aced New Media With His Startup Postoast

The bootstrapped start-up has come a long way since. It now has around 3 million monthly visitors.