Groupon Company To Lay Off 1,100 Jobs At $35 Million Pre-Tax

Groupon Company To Lay Off 1,100 Jobs At $35 Million Pre-Tax

Groupon is one of the leading companies in the daily deals and local commerce site. There is some significant shrinking i.e. laying down in the Groupon employees. The company has announced that it will lay…

Ola Cabs to Partner with Andhra Pradesh Govt. Investing Rs 150 Crore

Ola Cabs to Partner with Andhra Pradesh Govt. Investing Rs 150 Crore

Ola Cabs, nation’s leading online taxi services accumulator has partnered with Andhra Pradesh state. Chief Minister of Andhra Pradesh Nara Chandra Babu Naidu officially disclosed this news to the media. Old cabs is reported to…

Foreign investors pull out record Rs 17,000 crore in the month of August

Foreign investors pull out record Rs 17,000 crore in the month of August

Foreign institutional investors (FIIs) has pulled out a record of about Rs 17,000 crore from Indian equity markets in August. After Tuesday’s sell-off, it looks like the markets set for more losses in the near…

Snapdeal On Course To Topple Flipkart From Top, Says CEO Kunal Bahl

Snapdeal On Course To Topple Flipkart From Top, Says CEO Kunal Bahl

Snapdeal is one of the most popular e-commerce platform. The co-founder of Snapdeal raised his pitch against one of its competitor Flipkart. He emphasizes that his company will become India’s largest ecommerce firm in terms…

A Boss Who Wants Every Employee To Own A BMW: Girish Mathrubootham

A Boss Who Wants Every Employee To Own A BMW: Girish Mathrubootham

Girish Mathrubootham Co-founder of Freshdesk, a cloud-based customer support platform, in 2010 and won the Microsoft BizSpark Startup Challenge. A cloud-based helpdesk software company, was founded in October 2010 by former Zoho executives Mathrubootham and Shanmugam…

Snapdeal Raises $500 Million Funding From Alibaba Group, Foxconn and SoftBank

Snapdeal Raises $500 Million Funding From Alibaba Group, Foxconn and SoftBank

India’s second largest e-commerce firm Snapdeal.com on Tuesday said it has raised $500 million (about Rs 3,269 crore) in fresh funds, in a round led by Chinese e-commerce firm Alibaba Group, Foxconn Technology Group and…

YourStory Secured Series A Funding From Kalaari, Ratan Tata and Others

YourStory Secured Series A Funding From Kalaari, Ratan Tata and Others

YourStory Media Pvt Ltd, the privately held Bengaluru-based company behind showcasing Indian startups through YourStory.com, has raised an undisclosed amount of investment from Ratan Tata, former Infosys board member T V Mohandas Pai, Vani Kola…

IAN announced funding to a Kolkatta based company Wow! Momo valued at $16Million

IAN announced funding to a Kolkatta based company Wow! Momo valued at $16Million

Wow! Momo is a Kolkata-based quick service restaurant (QSR) chain. Indian Angel Network, one of the largest angel networks of the country has announced its investments. The investment has been made by Sanjeev Bhikchandani, Saurabh…

Housing.com Planning To Lay-Off 600 employees In Next 3 Months

Housing.com Planning To Lay-Off 600 employees In Next 3 Months

Bangalore realty portal Housing.com is planning to lay off 600 employees of its 2,600 employees. This is done in the next three months as it the company is planning to work towards restructuring its business,…

India Received $19.78 Billion FDI From Nations Visited By PM Modi In FY15

India Received $19.78 Billion FDI From Nations Visited By PM Modi In FY15

India received $19.78 billion foreign direct investment (FDI) from 12 countries visited by Prime Minister Narendra Modi in financial year 2014-15, Parliament was informed on Wednesday. During the period, Indian companies invested $3.42 billion in these…

Uber Becomes the Most Valuable Startup In The World At $50bn, Flipkart stands on 6th on the List

Uber Becomes the Most Valuable Startup In The World At $50bn, Flipkart stands on 6th on the List

Uber is one of the most famous Car-hailing company. Uber, the five-year old startup is once again among the list of most valuable venture-backed startups. Uber is a smartphone app which allows the users to…

No Service Tax At Non AC Restaurants, Only 40% Tax of Bill Amount at AC places: Fin Min Arun Jaitley

No Service Tax At Non AC Restaurants, Only 40% Tax of Bill Amount at AC places: Fin Min Arun Jaitley

Union Finance Minister Arun Jaitley has waved a sigh of relief for the people of India waiving of the tax over the non-ac restaurants dining. Union government which brought in GST into action has increased…

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