This is the second investment by General Atlantic in a subsidiary of Reliance Industries, following a Rs 6,598.38 crore investment in Jio Platforms announced earlier this year.
Zomato and Swiggy
The year threw up quite a few shockers, some rather rude one. Below are Rediff.com's 12 picks that made us sit back and think, 'Did that really happen?'
Two persons were evicted from the stadium after fans of both countries clashed outside the stadium, requiring intervention from the Yorkshire Police.
Taxmen have come across instances where global firms - charged a withholding tax of 6 per cent - are underreporting the exact income they earned from an Indian user.
With razor-sharp focus on deliveries and customer experience, powered by strong in-house technology built ground-up, Swiggy is emerging as the food ordering platform of choice.
A Ganesh Nadar/Rediff.com attends Finance Minister Nirmala Sitharaman's presser in Chennai to tom-tom the government's achievements in its first 100 days in office.
Anavila Mishra's collection rekindled the beauty of the six yard wonder.
The deal follows Facebook picking up a 9.99 per cent stake in the firm that houses India's youngest but largest telecom firm on April 22 for Rs 43,574 crore. Within days of that deal, Silver Lake -- the world's largest tech investor -- bought a 1.15 per cent stake in Jio Platforms for Rs 5,665.75 crore. On May 8, US-based Vista Equity Partners bought 2.32 per cent stake in Jio Platforms for Rs 11,367 crore.
Saina Nehwal breezed into the quarter-finals of the Denmark Open, scoring a 21-15, 21-17 victory over Japan's world No. 2-ramked Akane Yamaguchi on Thursday.
Check out the latest trends from the India Beach Fashion Week 2015.
Bharata Natyam legends Shanta and V P Dhananjayan discover they are a national sentation after their Vodafone ads.
Ola has raised $400 million from investors led by Russian billionaire Yuri Milner's DST Global.
Ahluwalia is not a great fan of the Uber model.
The proposed policy is increasingly becoming an item of negotiation, as the US pushes hard to change India's stance.
There are times when a customer books a cab and is charged for the ride, but the driver doesn't show up. It is one of the many hacks that cab drivers use.
Irrespective of demonetisation and GST blues, IIM Lucknow has been able to successfully place their batch of 459 students.
From Swachh Bharat to spearheading the Make in India campaign, the PMO seems to be at the centre of all policies, writes Nivedita Mookerji.
India is on track to register its entire 1.25 billion population using its Aadhaar digital ID.
Silicon Valley is at the heart of the transformation of the global economy -- which has both winners and losers, writes Ajit Balakrishnan.
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Ola's rival Uber is trying to set up a local engineering centre in Bengaluru.
Nearly 150 companies visited the campus this year.
Government will take all necessary steps to bring to justice the driver of Uber cab service who had allegedly raped a woman passenger here last week, Home Minister Rajnath Singh said on Monday.
There are about 600,000 taxis in India, generating combined annual revenue of about Rs 11,000 crore (Rs 110 billion).
'There is little point in getting adoption without profit sustainability or the converse.' 'This is the dilemma that many Indian innovators face,' says R Gopalakrishnan.
Nestl is facing its worst crisis ever. Can it learn from its peers?
The IPO will be sometime in the first half of next year.
'Virat Kohli's statement is a reflection of the bubble that most famous people either slip into or are forced into'
Some taxi and cab unions, including those associated with app-based aggregators, have decided to join the strike called by farmers organisations demanding repeal of three new farm sector laws.
With more than 50,000 people registering for the Houston event and the numbers expected to climb, the organisers have asked those who may not be able to attend to cancel and so open up slots for the hopeful, and cautioning those coming from afar to book their air tickets soon.
The development comes amid Japan's SoftBank booking an investment loss of 39.28 billion yen (USD 350 million) on its investments in India, including those in Ola and e-commerce company Snapdeal.
'I was told that Agra has never been cleaned, spruced and scrubbed like it has been for Trump!' A tourist who visited the Taj Mahal over the the weekend gives an account of how the city is gearing up to welcome the Trump Parivar.
Rajesh Pillai recounts two pleasant experiences he had with auto drivers. You can share yours too.
The conversion from ownership to taxi hiring services is gaining ground.
It's sustainable fashion we are talking about.
Radio taxi service provider Meru Cabs is planning to put in place the next level of driver verification, one liked to biometric identification tool Aadhaar.
Modi will get the maximum chunk of the session time.
'I always felt that Basu Chatterjee was a kind, gentle, man who truly believed that in directing films like Chhoti Si Baat, he was impacting our lives,' remembers Aseem Chhabra. 'He seemed to be on a mission to make us believe that the world could be a better place.'
Mental health and life coach Anu Krishna tells you how to take control of your life.
The ban on taxi aggregators can put at risk investments of at least Rs 2,000 crore (Rs 20 billion), made by private equity (PE) and venture capital (VC) investors.
