The acquisition, which comes hot on the heels of its $19 billion deal for messaging service WhatsApp, marks a big bet by Facebook.
The pandemic has confined students across all ages to home and digital education is the only way to continue learning.
Economic gloom and rising ownership costs have savaged sales.
Infosys said on Monday it would buy Panaya Inc, a New Jersey-based provider of automation technology, for an enterprise value of $200 million
The sad truth is that the debt-to-GDP ratio will shoot up close to 90 per cent in the coming year, and the fiscal deficit glide path does not promise to reduce it substantially any time soon, predicts Mihir S Sharma.
IBM has played a leading role in transforming business, science and society in these 100 years.
"We made a conscious decision that we will not get influenced by the years of experience," says Piyush Mehta, chief human resource officer, Genpact.
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.
Start-ups raised $5.70 billion in 2015.
Though things are going well for India, the unfinished agenda is still huge and needs to be addressed quickly.
One of Apple's suppliers, Salcomp, will invest Rs 2,000 crore over the next five years to make components at a Nokia plant in Chennai. The facility, which has been closed for nearly 10 years, will be revived and made operational from March 2020.
According to sources, Russian energy giant Rosneft or its affiliates, Saudi Aramco and Reliance Industries are in race for BPCL's three refineries - Mumbai, Kochi in Kerala and Bina in Madhya Pradesh - 16,309 petrol pumps, 6,113 LPG distributor agencies and more than a fifth of 256 aviation fuel stations in the country.
T K has been an integral part of the organisation's leadership for years, says Azim Premji.
Top three mobile operators spend $13.6 bln in auction
John Chambers said India may become top BRICS nation under Modi
Importantly, is there hope going forward?
The restraint on part of investors was chiefly because of RBI's minutes of its December policy meeting, which showed that some members were concerned about rising oil prices, its inflationary impact and possibility of fiscal slippage.
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.
The market, however, reacted negatively to SpiceJet's announcement and the company's stock dropped by 0.87 per cent as analysts became wary of diversion into a new business during a high fuel price environment.
PepsiCo bets on value-added water by launching vitamin-fortified drinks in a segment that is growing rapidly in India.
The company declined to disclose the names of the firms it was acquiring as the regulatory clearances and some negotiations are still in process.
'In the next five years both online and TV viewership will grow and complement each other.'
Shapovalov made the world take note of him with his shock win over Rafael Nadal at the Montreal Masters. He then became the youngest player to reach the fourth round of the US Open, only his second Grand Slam, last week.
The Canadian smartphone maker in October last year launched BBM for rival Android- and iOS-based handsets and the app since then has been downloaded on over 40 million such handsets.
Portal to be launched in three months, says Future Group's Kishore Biyani
The test is over. And now, it's time to see the results.
The world's top CEOs highly recommend these books. Have you read them yet?
One thing has remained constant through the Indian economy in the last seven decades: the dominance of family-owned businesses. Krishna Kant reports.
Rediff.com's Norma Godinho and Laxmi Negi glance at the athletes and disciplines likely to win medals for India at the 2018 Commonwealth Games.
These are old nuggets which have been dished in the past. repeating them and frankly do not care if you do follow or not.
Prime Minister Narendra Modi's visit will highlight the growing collaboration between India and the US and their "shared leadership" on the world stage, the White House said on the eve of his arrival.
N Chandrasekaran, managing director and chief executive officer of Tata Consultancy Services, has consistently said he wishes to take the company beyond mature economies such as America and Europe, into emerging markets.
This is yet another large energy deal for Warren Buffett in the western United States.
Nearly 92% of the 250-mn smartphones run on Android.
The markets are in meltdown. Time then to turn to the Master Investor for advice and guidance. Yefei Lu explains how Warren Buffet's investment strategy includes everything from how to look at risk versus reward to how to think about portfolio concentration.
Owners of Pune-based Serum Institute of India, the Poonawalla's have thrown the hat to acquire the iconic Grosvenor Hotel in UK from Sahara Group.
Access to capital for sub-standard companies is on the decline
All but 500 who booked Note 7 phones have bought older devices instead of cancelling their orders but Samsung may still lose market share this festive season.
Burham didn't set out to have such a big stake in Apple.
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