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Can Indian conglomerates take on Flipkart and Amazon in e-commerce?

TMT

20 September, 2017

Can Indian conglomerates take on Flipkart and Amazon in e-commerce?

Indian conglomerates have woken up to the huge scope in the e-commerce sector. Tata Group, Aditya Birla Group and Reliance ......

SoftBank may back Reva founder's battery firm; Canadian funds eye SPV with NIIF

General

20 September, 2017

SoftBank may back Reva founder's battery firm; Canadian funds eye SPV with NIIF

Japanese telecom and Internet conglomerate SoftBank Group Corp’s $100-billion Vision Fund is in initial talks to invest up to $100 ......

Uber reviews Asia business amid US bribery probe

TMT

20 September, 2017

Uber reviews Asia business amid US bribery probe

Uber Technologies Inc, which is the subject of a federal probe into whether it broke bribery laws, has started a ......

Higher M&A fee helps I-bank Jefferies double Q3 profit

Finance

19 September, 2017

Higher M&A fee helps I-bank Jefferies double Q3 profit

US investment bank Jefferies Group LLC's third-quarter profit more than doubled as it earned more from advising on debt and ......

Big consolidation in hospital sector years away: panellists at VCCircle summit

Healthcare

19 September, 2017

Big consolidation in hospital sector years away: panellists at VCCircle summit

A big wave of consolidation in the healthcare sector is still many years away and will be limited to only ......

Defunct startup Stayzilla faces insolvency

TMT

19 September, 2017

Defunct startup Stayzilla faces insolvency

Chennai-based homestay startup Stayzilla may have to face insolvency. A division bench of the National Company Law Tribunal (NCLT) has ......

Zomato to stop charging commissions to high-turnover restaurants

TMT

19 September, 2017

Zomato to stop charging commissions to high-turnover restaurants

Restaurant listings and food ordering firm Zomato will forgo commissions charged to restaurants clocking high order volumes as it looks ......

DP World eyes stake in logistics firm; CDPQ to invest in Prestige's realty assets

General

19 September, 2017

DP World eyes stake in logistics firm; CDPQ to invest in Prestige's realty assets

Dubai-based port operator DP World and Australia’s infrastructure-focused Macquarie Group are looking to acquire a controlling stake in Warburg Pincus-backed ......

Ola hires former Flipkart exec Saikiran Krishnamurthy as senior vice-president

People

19 September, 2017

Ola hires former Flipkart exec Saikiran Krishnamurthy as senior vice-president

Homegrown cab hailing startup Ola has appointed former Flipkart executive Saikiran Krishnamurthy as its senior vice-president, a financial daily reported.Krishnamurthy, ......

SaaS firm Freshworks' new chatbot brings contextual messaging to engage users

TMT

19 September, 2017

SaaS firm Freshworks' new chatbot brings contextual messaging to engage users

Chennai-based Freshworks Technologies Pvt. Ltd., the Indian subsidiary of cloud-based customer engagement platform Freshworks Inc, has launched a consumer messaging ......

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