Less than a week after its CEO and co-founder Rahul Yadav was sacked, realty portal Housing.com's website was hacked on Monday.
Snapdeal had appointed merchant bankers for listing on an American stock exchange
Start-ups that did not have a business model and, hence, could not grow or attract new funding, are shutting shop.
The entry of SoftBank-backed Ola into the electric scooter (e-scooter) segment is set to power up the overall market and perhaps fast-track the adoption of battery-operated vehicles. But for manufacturers of internal combustion engine (ICE)-powered two-wheelers, such as Bajaj Auto, Hero MotoCorp, and TVS Motor, it will be a double whammy. Not only will they have to contend with the aggressive pricing of Ola's scooter and incur a loss at each unit of the e-scooter sold, the volumes of their regular (ICE) models, too, could feel the squeeze, observed analysts. Ola is expected to price its e-scooter in the range of Rs 85,000-1.1 lakh.
The proposals outline what would effectively be a mini-World Cup, featuring eight international teams, every two years in addition to the traditional event.
Ma and the other co-founders had finalised the name "Alibaba" after much research on its acceptability.
Saudi Aramco chairman and head of the Kingdom's cash-rich wealth fund PIF Yasir Othman Al-Rumayyan will join the board of Reliance Industries Ltd as an independent director in a precursor to a $15 billion deal. Reliance chairman and Asia's richest man Mukesh Ambani, who had two years back disclosed the talks to sell a 20 per cent stake in the company's oil-to-chemical unit to Saudi Aramco, announced the appointment of Al-Rumayyan at the company's annual meeting of shareholders. Harvard educated Al-Rumayyan, 51, will replace Yogendra P Trivedi, 92, who has expressed a desire to retire, Ambani said. On the sale of a 20 per cent stake in the O2C business, he said the deal is likely to conclude this year.
Snapdeal CEO Kunal Bahl said those who do not perform will have to leave.
The company did not disclose the valuations at which funds were raised.
Paytm's secondary share sale gave an opportunity to its employees - both former and current - to liquidate their vested Esops and earn around Rs 500 crore in total.
Investments totaling over $9.5 billion in Jio Platforms by a clutch of private equity firms, following social media giant Facebook's $5.7 billion mid-April investment in the company, helped overall.
While Indian telecom czar Sunil Mittal's Bharti did not share deal details, UK Business Secretary Alok Sharma said his government and Bharti Global, will provide $500 million each.
Barely two weeks after the Reserve Bank of India permitted 49 per cent foreign stake in stock exchanges
Vikramank Singh looks back at the year gone by!
SoftBank-backed Ola Electric took the wraps off its maiden e-scooter offerings -- Ola S1 and S1 Pro -- for a commercial launch on Sunday. With prices starting from Rs 99,999 (excluding state government incentives, registration fee, and insurance cost), the Bhavesh Aggarwal-founded firm said the e-scooters are designed and engineered in India for the world and will deliver the best scooter experience to the consumer. He suggested that after 2025, sale of petrol-powered two-wheelers should not be allowed.
That's because India does not have a serious venture capital industry with an appetite for risk, observes T N Ninan.
India will shortly unveil a 'One Nation-One Card policy' for public transport that will entail connectivity between various modes of transport
More opportunity awaits in India, thanks to decent economic growth with a rising middle class that's just discovering the web through smartphones
India is currently home to 52 unicorn startups and one of the fastest-growing startup ecosystems.
Alibaba in talks to invest up to $700 million in Snapdeal
Investments are at risk if operators are unable to resolve concerns of authorities and customers after the rape accusation.
Real estate portal Housing.com has sacked its CEO Rahul Yadav.
Electric mobility in India is touted to be the way to the future, but implementation of large-scale projects to bring infrastructure for charging is still lacking.
Byju's, says Anita Kishore, has given the founders of the businesses it has acquired the independence to operate separately and maintain their core culture.
which currently does an average daily turnover of Rs 8,000 crore (Rs 80 billion) - almost twice that of the Bombay Stock Exchange - has been valued at $2.5 billion.
Venture capital investments in India's start-ups nearly halved to $1.5 billion in fourth-quarter 2015
They are small town boys who went on to make it big in global financial powerhouses.
Sectors which attracted big-ticket investments were real estate, energy, banking and start-ups
Chinese e-commerce giant planning to enter India this year, will take on global e-retailer
Private equity firms invested about USD 3.7 billion across 133 deals during the first quarter of 2018 as compared to USD 7.3 billion by way of 200 transactions a year ago.
Snapdeal chief executive officer Kunal Bahl said Piramal's investment was a significant endorsement for the firm and the transformation the company has undergone over the last couple of years.
Cab-hailing service Ola is on the fast track on the back of a $500 million funding.
As a tech services company, Ola has never been in hardcore manufacturing. And unlike in ride hailing, which is a two-player market (Uber is the only other competitor), in two-wheelers it faces many entrenched players. But most of all, rivals say Ola's targets are out of sync with most, even ambitious, projections.
None of the top five start-ups launched by IITians - Flipkart, Zomato, Ola Cabs, Housing.com and Inmobi - were incubated at IITs
The 3G, 4G data and Airtel Money services are the next growth engines for the company in Africa.
The new tranche of funding raises Ola's valuation to $5.74 billion from $4.45 billion in October 2017
Japan today imports 500,000 tons of coffee annually. Barely 60 years earlier, it was a market that hardly sold a cup! Ad guru Sandeep Goyal reveals how Nestle won the Coffee versus Tea Battle.
Flipkart has not been able to process with its plans of getting into the grocery vertical and is stuck on running pilots in select cities.
The robot can hold long conversations, track the child's mood and is controlled from an app on the parents' smartphone
India's e-commerce sector is expected to touch $22bn in 2015.
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