Companies

Flipkart readies plans to list in US but reaching profit threshold is key challenge

Flipkart group CEO Kalyan Krishnamurthy held discussions with senior leadership team on the IPO timeline earlier this month.

Jun 25, 2019

Mindtree CEO on the way out as L&T gains more ground in ongoing tussle - Report

The founders of the Bengaluru-based Mindtree strongly opposed the takeover bid, touted to be the biggest in the Indian IT sector.

Jun 25, 2019

Sam Jacobs reveals how he built a million-dollar e-commerce business

Sam Jacobs started making $100,000 a month with Shopify Dropshipping at the age of 17 and he built a million-dollar e-commerce business at the age of 18. He has helped hundreds of entrepreneurs.

Jun 24, 2019

Binny Bansal sells Flipkart stake worth Rs 531 crore to Walmart

Sachin Bansal, the co-founder of Flipkart, has sold all his shares to Walmart for $800 million to $1 billion.

Jun 24, 2019

Modi govt asks TVS, Bajaj and Hero for plan to switch to electric vehicles

Without an established supply chain and charging infrastructure or skilled labour, India could lose its automobile market's leadership position.

Jun 23, 2019

Tata Motors continues to face Moody's negative reviews

The leverage of the company will remain five times, EBIDTA margins under 3 per cent and the cash flow will remain stagnant but negative for the next two years.

Jun 23, 2019

Mohammad Makhlouf eyes to bring about fresh beginning to Syria's real estate scene

Mohammad Makhlouf (22) is a BBA graduate from American University in Dubai and Damascus-based industrialist. He is eyeing to bring about a fresh beginning to the nation's real estate scene with his venture MRM Holding.

Jun 22, 2019

Will Mukesh Ambani's Reliance Jio celebrate topping market by going public?

Reliance Jio may go for an initial public offering (IPO) in the second half of 2020 by when it hopes to beat Vodafone Idea to become the mobile telecom market leader.

Jun 21, 2019

Why is Flipkart bridging the gap between sellers and financial institutions?

The motto of the company is to invest in creating sellers from the six crore MSMEs across the country.

Jun 21, 2019

Tech Mahindra partners with Airbus to build digital cabins for airlines

The partnership with Airbus will help the IT Company to enhance its global productivity, supplier base while improving their efficiencies in the global market.

Jun 21, 2019

Huawei thumbs nose at Trump with 100% refund warranty on phones for 2 years

Special warranty to be launched in the Philippines initially will kick in if key apps of Google, YouTube, Facebook, Instagram, and Whatsapp cease to function in two years after purchase

Jun 20, 2019

World Airline Awards 2019: Indigo voted 8th among world's best low-cost airlines

Qatar Airways bags the Best Airline Awards for the fifth time.

Jun 20, 2019

Oyo hotel in $300-million expansion in US

Oyo eyes top slot with $300 million push in US market adding one hotel a day

Flush with funds, Oyo group hopes to replicate the success of its rapid growth in India and China in the US to corner more market share.

Jun 20, 2019

Facebook CEO Mark Zuckerberg at F8 conference

Why is Facebook going back on plans to launch crypto Libra in India?

Facebook's crypto is not designed to be a closed system and is meant for transactions in the external economy, which concerns RBI.

Jun 20, 2019

HDFC to buy Apollo Munich Health Insurance

HDFC will buy 50.8 percent stake in Apollo Munich Health Insurance for 13.36 billion rupees from Apollo Hospitals Group and 0.4 percent stake held by some employees for 108.4 million rupees.

Jun 20, 2019