'Ola in India makes money on every ride. Our focus over the past couple of years has been to keep growing the market and our share in the market and build up on sustainable business,' says co-founder and CEO Bhavish Aggarwal.
Panaya drags Q1 profits though revenue improves on the back of large deal wins, good traction in North America.
It has once again returned to strong growth after a brief hiatus, spurred by the return of investors' confidence (and cash) in India's online food ordering sector.
Dahiya's first internet-based venture to sell insurance failed, but he was convinced digital was the future
In the last couple of months, the IT and BPO space has seen a big uptick in M&A activities, with companies merging with other entities to become bigger players.
The new device, building by a team of Indian Institute of Science, Bengaluru, will keep the heart in good condition for about eight hours.
Swiggy is shoring up capital to defend its position as India's largest food-ordering app as rivals Zomato and FoodPanda focus on growth after receiving funds
The solutions developed by the company cover a broad spectrum, including helping recruiter's gauge the behavioural profiles of candidates during virtual job interviews and assisting in real-time translation in vernacular languages, among others.
The tech giant's 'Recommendation Engine' leverages AI, machine learning and analytics to suggest training programmmes best suited for individual staff
Starting its journey with a gross revenue of $5 million during its stock market debut on June 14, 1993, Infosys has reached dizzying heights, with a revenue of $10.93 billion in 2017-18
'Artificial intelligence works best on unstructured data. And no other country has the amount of unstructured data like India has.'
While experts claimed that Patanjali's Swadeshi messaging app was removed form Google Play over security concerns, Kimbho declared that it was removed because of heavy traffic.
He says that while 30 per cent of parts must be locally sourced, the supply doesn't yet exist in India to support that
According to analysts, IT firms like Infosys, TCS and HCL Technologies are likely to benefit the most on account of larger US exposures and dollar billing.
This time an anonymous whistleblower made an appeal to market regulator Sebi to probe an agreement made by the tech giant with some of its ex-directors.
According to the latest annual report for 2017-18, the percentage of the company's employees in the age group of 18-25, came down to 28.16 per cent, from 31.19 per cent in the previous financial year.
Ather Energy would set up 30 charging points across Bengaluru by the end of May and the number would go up to 60 by the end of the year.
In a filing with the US Security and Exchange Commission on Friday, Walmart said it would allow the initial public offering of Flipkart in four years at a valuation no less than what it invested in the e-commerce firm, if a grouping of minority shareholders asks for it.
The latest infusion brings the total capital pumped into Amazon's e-commerce business in India to Rs 22,390 crore
The new deal will value Flipkart at close to $19 billion on the secondary market, a huge jump from Walmart's initial offer to investors.
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