Infibeam Rises 5.8% On Opening Day
Infibeam is all set and running on India’s stock markets. After its much talked about IPO that concluded last week, the company started trading on the National Stock Exchange on Monday, and got off to a steady start.
The Day My Startup Died: Of failure, pain and starting anew
I’d spent the last few weeks desperately trying to save my startup and failed. My co-founder had told me point blank that he had no faith in my ability to be the CEO of the company. I’d studied at the best engineering college in the country, worked at the best management consulting firm in the world. I took risks and tried to build a real business that built real technologies to help real factory. I even had paying customers. And still, I’d failed.
Indian Cigarette Makers Suspend Production To Protest New Warning Rules
As the new financial year dawned, Indian cigarette makers suspended production over what they said was ambiguity in the government’s new health warning rules for cigarette packs.
Karnataka Govt. Disallows Surge Pricing In Its New Policy On Commutech
After the government issued a directive against discounts by ecommerce marketplaces, the Karnataka government has now ruled against surge pricing on cabs that commutech apps like Uber and Ola regularly employ at the pretext of offsetting high demands.
OfficeChai Explains The Panama Papers Scandal
Here’s all you need to know about the Panama Papers scandal.
Ex 99Acres Business Head Invests In Housing.com
Vineet Singh, who was the former business head of 99Acres.com, had invested an undisclosed sum in Housing.com. 99Acres is one of the chief competitors of Housing in India’s crowded online realty market.
Reliance Forays Into Online Fashion; Launches AJIO
Reliance Industries has launched its online fashion portal Ajio. This is Reliance’s first online- first venture in the fashion space. The company has said in a press conference that it will offer the largest collection of private labels for women online. The portal will offer national and international brands, and some ethnic fusion wear will be available exclusively on the portal.
Uber’s Cat And Mouse Game With Bangalore Authorities Continues; More Bikes Seized
Uber’s cat and mouse game with the Bangalore Traffic authorities just refuses to end. One thought that Uber had one-upped the competition by branding itself as a ridesharing service in order to let its bike taxis run, but it turns out that Bangalore’s traffic cops have other plans – in a fresh round of activity, the Bangalore police has seized at least 15 bikes belonging to Uber.
Smartbox Attempts Last Mile Solution For E-Commerce Deliveries
Under the Smartbox model, your package is delivered to a pickup spot, chosen by you at the time of making the booking. After receiving the intimation of delivery at the location, you can go there at your convenience, swipe your card to pay the amount and pick up your package.