Reliance Retail Has Been Valued At $29 Billion By Morgan Stanley
While most of the attention on Reliance of late has been focused on Jio, the company has, over the years, been quietly building…
Category: Stories
Mark Zuckerberg Worried That If India Can Ban TikTok, It Can Also Ban Facebook: Reports
TikTok’s ban should’ve come as welcome news for rival social media companies, but Facebook CEO Mark Zuckerberg is apparently not particularly thrilled with…
Value Of Card And Mobile Payments Exceeds ATM Withdrawals For The First Time In India
The digitization of India’s economy has just crossed a vital milestone. The value of card and mobile payments have exceeded ATM withdrawals in…
Curefit Lays Off 600 Employees, After Laying Off 800 In May
Startups that have been the worst-hit by the coronavirus pandemic are continuing to try to cut costs. Fitness startup Curefit has laid of…
JioMart Makes All Deliveries Free, Launches App To Take On Amazon And Flipkart
The now-familiar push for dominance by Reliance, as seen in its telecom and broadband plays, has now begun for JioMart. JioMart has made…
Twitter Accounts Of Bill Gates, Elon Musk, Jeff Bezos Hacked In Unprecedented Global Scam
The most high profile — and audacious — hacking scam in history might have just taken place. The official Twitter accounts of several high-profile…
Google Buys A 7.7 Percent Stake In Jio For Rs. 33,700 Crore
The list of Jio Platforms’ investors was already formidable, but it’s now looking like the who’s who of the global technology industry. Google…
Walmart Puts In $1.2 Billion In Flipkart At A Valuation Of $24.2 Billion
Many had questioned Walmart’s decision to acquire a majority stake in Flipkart at a valuation of $21 billion in 2018, but the decision…
After Facebook’s Investment In Jio, Google Announces $10 Billion Indian Fund
After emerging as a proxy battlefield for American e-commerce companies — Amazon and Walmart currently own India’s two biggest e-commerce players — India is…