Search Results for: startup

Jet Airways lenders may be facing dilemma of writing off 80% dues or losing 100% loans

Lenders may have made a tactical error by not keeping Jet airborne as grounded airline increases the bargaining power of prospective investors and rescue plan delay erodes assets value.

Apr 19, 2019

Unocoin is a bitcoin trading platform in India

Mass layoffs, cash crunch engulf controversial Indian Bitcoin exchange Unocoin

Unocoin, which installed India's first Bitcoin ATM causing jailtime for its founders, has laid off 80 percent of its workforce till date and faces a cash crunch.

Apr 16, 2019

Reliance Jio's fibre unit readies Rs 27,000 crore war chest to fund expansion

The funds will be used by the company to expand its data network and attract users from other companies and businesses.

Apr 15, 2019

Bengaluru start-up Niramai to develop AI-based tool to detect river blindness disease early

Bill & Melinda Gates Foundation has funded Niramai to develop technology to detect river blindness disease early so that patients get timely medication before they develop vision disability.

Apr 10, 2019

Who is Nakul Nath? How rich is Madhya Pradesh CM Kamal Nath's son?

Nakul Nath declared that he has movable and immovable properties worth Rs 615.9 crore, which is a lot more than his father Kamal Nath.

Apr 10, 2019

WhatsApp users set to get option to block frequently forwarded messages

In the soon-to-be-released WhatsApp update, users will be able to see how many times a message/photo/video has been forwarded and group admin will get powers to block individuals from sharing annoying forwarded messages in the chat sessions.

Apr 9, 2019

fintech, fintech startups, global startups, global fintech funding, asian fintech, indian fintech, paytm, freecharge

Sluggish beginning for startups in 2019, funding down by 25 percent

As per startup data platform, Tracxn, Jan-Mar quarter of the calendar year (CY) 2019 has witnessed a drop in total deal value from $3.2 billion to $2.4 billion, which is 25% less than the preceding quarter (Oct-Dec 2018).

Apr 3, 2019

WhatsApp, fake news, PROTO, hotline, checkpoint

Lok Sabha 2019: WhatsApp opens hotline to curb fake news in India

Once a WhatsApp user shares a suspicious message with the tipline, Proto's verification centre will validate the information, and inform the user if the claim made in a message shared is authentic or not.

Apr 2, 2019

Airbnb checks into Oyo rooms, invests $150-200 million

Last year, the unicorn start-up had managed to raise more than $1 billion from investors.

Apr 2, 2019

Uttarakhand reverting to Congress fold?

With Manish Khanduri on its side, Congress hopes to counter BJP in Uttarakhand, answering the clamour for 'Khanduri zarrori hai'

Mar 29, 2019

Let's have a look at top 5 internet companies in India with mind-boggling valuations

Nimble companies with innovative ideas are raising millions of dollars every other day, which brings us to the question, what is the pecking order of Indian internet companies?

Mar 28, 2019

Softbank's $350 million cheque makes Delhivery the latest unicorn in Indian startup scene

The investment will primarily be used for expansion into new areas. Delhivery plans to add 5,000 new pin codes to the current 15,000 by the first half of 2020.

Mar 25, 2019

Can Mukesh Ambani's Reliance use Chinese example for Venezuela oil trade?

World's largest refiner Reliance could beat US sanctions and benefit from 15-year trade contract by the use of corporate entities without exposure to the US financial system

Mar 23, 2019

Mukesh Ambani, Chairman and Managing Director of Reliance Industries, smiles as he attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 23, 2018.

Mukesh Ambani's Rs 13,000-crore win-win pipeline deal with Brookfield

Indian billionaire's company retains the right to acquire equity in Brookfield-promoted pipeline company while getting a significant share of earnings from the 1,400 km gas transit infrastructure.

Mar 15, 2019

north block finance ministry finance ministry offices home ministry government of india

Startups cheer as rule changes ease path for receiving new investments

CBDT clarifies relief like an increase in the limit to Rs 25 crore and raising of benefit period to 10 years will be available from February 19

Mar 8, 2019

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