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M&A of the month: ATC snaps up Idea, Vodafone towers as valuations stagnate

TMT

30 November, 2017

M&A of the month: ATC snaps up Idea, Vodafone towers as valuations stagnate

Falling tenancy count and lower rentals have forced most players in the capital-intensive Indian telecommunication tower industry to ride a ......

Cisco's John Chambers picks up 10% in speech recognition software firm Uniphore

TMT

30 November, 2017

Cisco's John Chambers picks up 10% in speech recognition software firm Uniphore

Technology conglomerate Cisco’s executive chairman John T Chambers said he is picking up a 10% stake in Chennai-based Uniphore Software ......

From hunter to gatherer: Why part-exiting Flipkart, Ola is a prudent move by Tiger

TMT

30 November, 2017

From hunter to gatherer: Why part-exiting Flipkart, Ola is a prudent move by Tiger

New York-based investment firm Tiger Global has seen all seasons of startup investing in India—a full-of-promise spring in 2005-10, a ......

Ola to launch bicycle sharing, runs pilot on IIT Kanpur campus

TMT

30 November, 2017

Ola to launch bicycle sharing, runs pilot on IIT Kanpur campus

Under its ambitious plan of covering a wide spectrum of transportation services, cab-aggregator Ola plans to launch bicycle sharing, and ......

Amazon's India marketplace revenue up 105%; in-house vendor's sales rise 24%

TMT

30 November, 2017

Amazon's India marketplace revenue up 105%; in-house vendor's sales rise 24%

Amazon.com Inc.’s revenue from its India marketplace more than doubled in the year through March 2017, as the online retailer ......

Kalaari-backed ScoopWhoop scaling down news operations, lays off employees

TMT

30 November, 2017

Kalaari-backed ScoopWhoop scaling down news operations, lays off employees

Online media startup ScoopWhoop is in the middle of restructuring its operations and laying off more than a dozen employees ......

Bitcoin slips after rapid ascent to $11,000

TMT

30 November, 2017

Bitcoin slips after rapid ascent to $11,000

Bitcoin zoomed past $11,000 (£8,185.5) to hit a record high for the sixth day in a row on Wednesday after ......

Payments space not hypercompetitive, says PayU India's Jitendra Gupta

TMT

29 November, 2017

Payments space not hypercompetitive, says PayU India's Jitendra Gupta

The perception that the payments sector in India is hypercompetitive and that one cannot make money in the space is ......

Foodpanda lost less on every rupee earned last year than Zomato and Swiggy

TMT

29 November, 2017

Foodpanda lost less on every rupee earned last year than Zomato and Swiggy

Naspers-backed food delivery firm Foodpanda’s India unit said on Wednesday its revenue for the year through March 2017 jumped 64% ......

UK's Stride Gaming picks up 51% stake in online gaming startup RummyPassion

TMT

29 November, 2017

UK's Stride Gaming picks up 51% stake in online gaming startup RummyPassion

Haryana-based Passion Gaming Pvt. Ltd, which owns RummyPassion.com, has divested a 51% stake to UK-based Stride Gaming Plc for...

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