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Amazon's international losses soar in Q3 on India investments

TMT

27 October, 2017

Amazon's international losses soar in Q3 on India investments

US-based online retailer Amazon.com Inc. reported its highest-ever loss from its international operations in the three months through September, due ......

TMT

27 October, 2017

Matrix-backed OfBusiness raises Rs 25 crore in debt funding from Kotak Mahindra

Gurgaon-based OFB Tech Pvt. Ltd, which operates fin-tech platform OfBusiness, has secured Rs 25 crore ($3.8 million) in debt funding ......

Finance

27 October, 2017

PE firms riding the bull run to strike exit deals

Private equity players have found an excellent opportunity to exit their investments in this stock markets euphoria. IPOs are getting ......

TMT

26 October, 2017

Twitter nears first profitable quarter after slashing costs

Twitter Inc said on Thursday it could turn its first ever profit in the fourth quarter, after making sweeping cuts ......

Finance

26 October, 2017

BSE, Ebix to set up insurance distribution network in India

The Bombay Stock Exchange has joined hands with US-based insurance exchange Ebix Inc to form a joint venture to build ......

TMT

26 October, 2017

GoJavas promoter Anand Rai files criminal complaint against Snapdeal founders

Anand Rai, the promoter of QuickDel Logistics Pvt. Ltd, has filed a criminal case with the Economic Offences Wing against ......

TMT

26 October, 2017

SoftBank Group joins ecommerce lobby group Indiatech

Japanese internet and telecom giant SoftBank Group has joined the Indian industry body Indiatech.org that aims to represent local ventures ......

TMT

26 October, 2017

Festive roundup: Flipkart, Amazon claim top slot; Snapdeal says in green zone

By any estimate, 2017 recorded India’s biggest online festive season sales by a fair margin. While RedSeer Consulting put the ......

People

26 October, 2017

Logistics startup Rivigo ropes in former Microsoft exec Pramod Gupta as CFO

Gurgaon-based logistics services provider Rivigo Services Pvt Ltd has appointed former Microsoft executive Pramod Gupta as its chief financial officer, ......

Finance

26 October, 2017

Why digital lenders must have unit profitability on mind from day one

The fin-tech sector in India has gained a lot of traction in recent years with many players emerging in payments, ......

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