India’s burgeoning unicorn club has a shiny new member. Chat messaging service Hike has raised funds from Chinese firms Tencent and Foxconn, and is now valued at $1.4 billion. (Rs. 9700 crore).
NetaFilter tries to give you information about sitting MPs at a glance, and overlays their educational attributes, wealth, and even criminal record on an India map. Each constituency is covered, and hovering over a constituency gives you the name and party of the elected representative.
Long before the chants of #MakeInIndia were popularized by prime minister Narendra Modi, Indian companies produced products that were truly Indian. Be it the ubiquitous Rikshaw that has come to symbolise the country, or Indian fabrics namkeens that can be bought in a supermarket in France, these companies have given us products that define India, and have sustained the test of the times. On India’s 70th Independence day, we highlight 13 Indian brands that are proudly made in India, for India, and beyond.
Hyperloop Transportation Technologies (HTT), a company that uses Elon Musk’s brainchild Hyperloop, is looking to India as one of its first target markets.
Sterlite Tech (a Vedanta group company), has recently moved into a contemporary new office in Bengaluru. The open office set up and an airy, green and spacious office sets the tone for a great working environment.
Today, when the Economic Times published an article titled “10 per cent markup by Valic gives Flipkart reason to cheer”, Sachin Bansal had this to say.
The Indian government has just approved a bill (the Maternity Benefit (Amendment) Bill) to extend the mandated maternity leave from 12 weeks to 26 weeks in all organizations employing 10 or more people.
Flipkart seems to have turned a corner as far as its valuation by investors is concerned. After Fidelity had raised its valuation by 2.7% two weeks ago, Flipkart has now had its valuation raised by mutual fund investor Valic, this time by 10%.
Care24, a SAIF Partners-backed startup, has fired around 20 people from its Powai office.