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SoftBank plans newest funding infusion

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Japanese media and telecom conglomerate SoftBank planned the newest funding infusion worth $ 1.9 billion in One 97 Communications, which is owned by online payments provider Paytm in a single-largest round of funding for an Indian digital commerce company. The ...

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IBM ranks Indian ahead in self-driving cars

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In a recently carried out survey, IBM concluded that Indian consumers are way ahead of their counterparts in matured markets when it comes being tech savvy and show a high level of interest in the intelligent, intuitive, self-driving cars. Titled ...

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Jio backs telecom regulator for lack of transparency

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In a newest twist of event in the telecom sector, the newest 4G entrant Reliance Jio Infocomm’s fight with incumbent carriers has spilled over from the market with the company back the telecom regulator regarding lack of transparency in tariff ...

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Apple pushes self-driving car biz

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In an attempt to revolutionized the traditional auto industry by rolling out its self-driving car manufacturing cars, Apple Inc outlined a plan to train operators of self-driving cars in documents submitted to California regulators earlier this month, the latest clues ...

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Ikea doubling product sourcing from India

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The world’s largest furniture retailer Ikea said it has decided doubling product sourcing from India by 2020, demonstrating the Swedish company’s commitment to comply with the 30% local purchase norms as it makes its commercial debut in the world’s fastest-expanding ...

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Amazon expands sellers’ infrastructure

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In the on-going war for one upmanship in the online retail sector, the American based retail giant, Amazon is doubling its investments on sellers’ infrastructure this year in India itself, as the latest bulge-bracket fund-raising by Flipkart sets up a ...

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Apple to bid Toshiba’s chip making biz

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In an attempt to make the most out of the recent twist in the sale of the world’s second-biggest flash memory chip making, Apple together with Foxconn considering to make a joint bid for Toshiba Corp’s semiconductor business, Japanese public ...

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Suzuki-Toshiba to make lithium battery

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In their quest to put in place form work for building blocks of an ecosystem for the fledgling electric car industry in India, Suzuki Motor Corp has recently partnered Toshiba Corp and Denso Corp to manufacture automotive lithium battery packs ...

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Paytm-Genesis in JV for premium brands

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In order to enable users scanning the store QR code and pay using the balance on their wallet, digital wallet player Paytm has recently entered into partnership with luxury brand distributor Genesis Luxury, which markets and distributes global luxury and ...

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ITC re-works its food & beverage portfolio

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In an attempt to increase its market share in the segment, ITC is overhauling its food & beverage portfolio in categories that have been showing signs of fatigue more than a decade after the cigarette maker challenged the dominance of ...

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