Amazon India yesterday announced that it will introduce “country of origin” as a mandatory attribute in its category listings.
Category: Corporate
Google announces USD 4.5 bn investment in Reliance Jio
In the first investment from the Google For India Digitisation Fund announced earlier this week, Google announced a multi-billion dollar investment for a 7.73% stake in India’s Reliance Jio Platforms.
Indian-origin Prabhakar Raghavan appointed head of Google Search
American tech giant Google has appointed Indian-origin tech executive Prabhakar Raghavan as the new head of its Search and Assistant division.
India’s e-Commerce Industry Forecast to hit $188 Billion by 2025
According to a recent analysis by Statista performed on India's current e-commerce trends, India’s total market size is expected to almost triple in the next five years. From a total value of just over a trillion rupees in 2014, the growth of online industries located within India has been one of the most significant and […]
Mukesh Ambani moves ahead of Jack Ma as Asia’s richest person after Facebook deal: Bloomberg
In a massive deal, Facebook Inc. will be investing USD 5.7 billion in Ambani’s Jio Platform – the social networking leader’s biggest deal since the 2014 purchase of WhatsApp.
SensorFlow raises USD 8.3 Million in Series A+ funding
Singapore-based startup, SensorFlow has raised USD 8.3 million in Series A+ funding, to advance its solutions and for international expansion into new markets.
Facebook invests SGD 8.15 billion in India’s Jio Platforms
The tech giant said the investment aims to enable new opportunities for businesses of all sizes in India, in particular, the more than 60 million small businesses across the subcontinent.
Indian-American Sonia Syngal appointed CEO of clothing retailer Gap
United States’ clothing retailer Gap Inc named Indian-American Sonia Syngal as the new chief executive officer (CEO) in a bid to reverse falling foot traffic and sales while it pivots to a new strategy.
NRIs can acquire 100% stake in Air India under new government norms
Indian Union Minister of Heavy Industries and Public Enterprises Prakash Javadekar announced on Wednesday that Non-resident Indians (NRIs) can acquire up to 100 per cent equity in public carrier Air India.
SBI Cards raises SGD 544 mn from investors like Singapore government, MAS ahead of IPO
State Bank of India (SBI) Cards and Payment Services has raised SGD 544 million (INR 2,769 crore) from investors, including the Singapore government and Monetary Authority of Singapore (MAS), ahead of its initial share sale starting on Monday.
