Microsoft came the closest and acquired 1.6 per cent stake in the company for $250 million valuing it at $15 billion.
Fintech firm MobiKwik on Monday filed a draft red herring prospectus (DRHP) with the markets regulator, Securities and Exchange Board of India (Sebi), for its initial public offering (IPO). According to its DRHP, the company plans to raise Rs 1,900 crore, which includes a fresh issue of Rs 1,500 crore and an offer for sale of Rs 400 crore. The selling shareholders include American Express Travel, Bajaj Finance, Cisco Systems and Sequoia Capital India, besides founder Bipin Preet Singh. MobiKwik is the latest among tech majors wanting to list on stock exchanges. Food delivery start-up Zomato will launch its IPO on Wednesday.
American Idol bosses are demanding Sir Elton John to replace Simon Cowell as one of the judges on the show.
President Barack Obama said in an interview broadcast on Friday that he believes the Russian city of Sochi is safe and that Americans who want to go to the Olympics should go.
Though manufacturers advertise it as a 'zero processing fee' offer, credit card companies may still levy charges making the phone expensive by over eight per cent.
Practo has witnessed a 215% increase in total consultations related to cardiovascular health, with women in the age group of 25 to 34 contributing to the largest number of consultations.
Experts say the new guideline is likely to hurt foreign players more, especially card companies such as Visa, MasterCard and American Express who process and store credit card transaction data outside of India.
American swimming legend Mark Spitz posed with the new Sports Illustrated Magazine featuring Olympic champion swimmer Michael Phelps on the cover at the Hyatt Resorts 'Vacation Training Camp' competition at Grand Central Station in New York City on Wednesday.
At the start of 2011 Leander Paes and Mahesh Bhupathi ended a nine-year separation when they teamed up for the Chennai Open and capped a glorious reunion by winning their fifth crown at the tournament.
As the country's HNI population is on a rise, the segment is hard to ignore for domestic banks.
It has repeatedly asked Pakistan to follow through on its commitment to ensure justice for the 26/11 victims
According to the Inter-Services Public Relations, the media wing of the army, the terrorists attacked the security post in Dera Ismail Khan's Daraban area bordering the South Waziristan tribal district in the early morning hours.
The charge is likely to lower the company's adjusted fourth quarter net income by 46 per cent from a year earlier.
India is shining, although I will argue that it is a temporary acceptance until India once again makes a mega-successful film like RRR or another beautiful, moving, documentary like The Elephant Whisperers, notes Aseem Chhabra.
Today, with China centrally seated and located, the Global South has an intriguing road ahead. Odds of it becoming a Chinese bloc in the emerging new bipolar world are higher than we'd wish them to be, observes Shekhar Gupta.
Prioritising portion control fosters a healthier approach to well-being in the long run, explains Shilpa Joshi.
A slogan brings out the product's feature and gives the brand an identity. If the slogan manages to capture the customers' attention, then it is pronounced as an instant winner. Why? It not helps the brand break the clutter, but it makes an instant connection with the customer.
American Express on Wednesday launched a new scheme offering its co-branded card to domestic travellers at airports with a commitment to deliver the card the same day for returning passengers.
While the q-o-q domestic fares rose by 29%, the year-over-year increase was 11%.
'...to prevent this episode from disrupting ongoing cooperation.' 'The discovery of this plot had the potential to derail much of what has been achieved in the relationship during this administration's tenure -- I don't think that fact has been sufficiently appreciated in India.'
Eight months after barring the country's largest private sector lender HDFC Bank from selling new credit cards, the Reserve Bank of India (RBI) has lifted the ban, banking sources said on Tuesday. However, the ban on launching new technology initiatives remains, the sources said. In December last year, the RBI had come out with an unprecedented
According to the 'American Express Business Travel Monitor' which tracks and analyses published airfares on a quarterly basis, 'although fares moderated in the fourth quarter, the influences of rising oil prices and economic growth in the region are too strong to keep prices steady'.
93 per cent Indians expect to see modest or substantial top-line growth at their companies.
There are three ways an Indian MBA can hope to build a career abroad but each path requires clarity and richness of work experience, says guest writer Abhishek, Director of Global Merchant Services at American Express in New York.
'A new ownership structure must embed supporters and include fan share ownership'
America's relationship with Pakistan has 'not served' either of the two countries, External Affairs Minister S Jaishankar said on Sunday raising questions on the Biden administration's approval of a $450-million sustenance package for F-16 fleet.
A group of pro-Khalistani protesters on Sunday attacked and damaged the Indian consulate in San Francisco, prompting sharp condemnation from Indian-Americans who demanded immediate action against those responsible for it.
Strong performance by its US subsidiary Novelis and better returns in the copper business helped Hindalco Industries post consolidated revenue growth of 2 per cent quarter-on-quarter (Q-o-Q) to Rs 54,100 crore in the July-September quarter of 2023-23 (Q2FY24). Novelis' Flat Rolled Products (FRP) volumes grew 6 per cent Q-o-Q to 933,000 tonnes (down 5.2 per cent Y-o-Y) on better North American and European volumes. The consolidated earnings before interest, taxes, depreciation, and amortization (EBITDA) declined 2 per cent Q-o-Q to Rs 5,610 crore despite lower input costs in India and better Novelis performance.
...or just a Covid-era practice, asks Ajit Balakrishnan.
Who is the most desirable B-Town actor right now?
Over the years, Khalistani extremists were further "emboldened" and started "operating with impunity" from Canada.
India's first escalator, its shortest elevator, a terror attack, a rescue operation -- the building's seen a lot.
Foreign policy is always a work in progress and ups and downs are built into foreign policy process. What is permanent is national interest. Hopefully, this year, which will also witness general elections in the country, will also clear clouds in the foreign policy horizon, observes Rup Narayan Das.
'At the moment, there are no challenges to the Cheetah Project. If there are any challenges in the future, these will be addressed as we go forward'
Kansas Governor San Brownback has written a letter to Prime Minister Narendra Modi expressing "profound regret" at the terrible act of violence against the Indian nationals last month and said that acts of hate and intolerance have no place in his state.
Known as the Queen of Rock 'n' Roll for her blistering performances and powerfully gritty vocals, Tina Turner died on May 24 after a long illness. She was 83.
Prime Minister Narendra Modi on Monday expressed confidence that the NDA will get more than 400 seats and the BJP will win at least 370 seats in the Lok Sabha elections.
A summary of Saturday's action in the Premier League.
From the US, Modi will travel to Egypt at the invitation of President Abdel Fattah El-Sisi.
