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Category: Stories

Reliance Acquires Controlling Stake In Genomics Company Strand Life Sciences For Rs. 393 Crore

September 3, 2021September 3, 2021 OfficeChai Team

Reliance is already a sprawling oil-to-telecom conglomerate, and it’s now added a high-tech genomics company to its arsenal. Reliance has acquired 2.28 crore…

India Launches Its UPI For The Lending Space, The Account Aggregator Framework

September 2, 2021September 2, 2021 OfficeChai Team

India had disrupted digital payments in the country with a new technology in UPI. It now plans to do an encore in the…

Reliance Is Reportedly Building A Super-App Which Will Cover “Every Imaginable Consumer Need”

August 24, 2021August 27, 2021 OfficeChai Team

Reliance has created an e-commerce platform, it’s built several tech products, and it’s acquired many startups, but there’s now confirmation that it wants…

Infosys CEO Salil Parekh Publicly Summoned By Finance Ministry Over Glitches In Income Tax Portal

August 22, 2021August 22, 2021 OfficeChai Team

When you’re in charge of product that generates Rs. 9.45 lakh crore in revenue, there can be public consequences to messing up. The…

Adani Group To Build Its Own Super App, To Take On Reliance, Tata

August 16, 2021August 16, 2021 OfficeChai Team

For the longest time, super apps were exclusively the domain of scrappy young startups — Paytm, Tapzo and PhonePe had all built their…

Narayana Murthy Parts Ways With Amazon, Cloudtail To Wind Up Operations By May 2022

August 11, 2021August 11, 2021 OfficeChai Team

One of India’s most controversial business partnerships is coming to an end. Amazon seller Cloudtail, which was jointly owned by Infosys founder Narayana…

Rakesh Jhunjhunwala Planning To Launch Ultra Low Cost Airline Akasa Air, Ropes In Former Indigo CEO

July 29, 2021July 29, 2021 OfficeChai Team

They say one way to become a millionaire is to start off as a billionaire and then start a new airline, but it…

Reliance Is In Talks To Acquire Business Listings Company Justdial For $900 Million: Reports

July 15, 2021July 16, 2021 OfficeChai Team

Reliance had already acquired a series of startups before it launched JioMart, and it seems that it was only whetting its appetitite. Reliance…

Should Businesses Start Investing In Mutual Funds?

July 8, 2021July 8, 2021 OfficeChai Team

Mutual funds are everywhere these days – celebrities on TV earnestly tell you they’re ‘sahi hai’, investment advisors can’t seem to get enough…

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