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PharmEasy acquires MedLife
Online medicine startup PharmEasy has now acquired MedLife to create India's largest online pharmacy. “We are thrilled to welcome Medlife to the PharmEasy family! We can’t wait to innovate together and deliver better experiences for our consumers. - Pharmeasy CEO.
Nirav Modi can be extradited to India - UK Court
Jeweller Business Man Nirav Modi, wanted for fraud and money laundering in the Rs. 14,000-crore Punjab National Bank (PNB) scam, can be extradited to India, a UK judge ruled today.
TATA to acquire Big Basket
TATA Group all set to acquire majority stake of 68% in Big Basket for around Rs 9000 Crore. According to sources, TATA is now gearing up to push its Super App in Indian market.
Elon Musk now becomes Richest Person on this Planet
Tesla and SpaceX CEO Elon Musk is now the richest person of this world with net worth more than 187 Billion US Dollars. He recently surpassed Amazon Founder and CEO Jeff Bezos who was holding world's richest crown with net worth 185 Billion US Dollars.
WhatsApp dropped JIO from payment partner
WhatsApp recently dropped JIO Payments Bank as a partner after tying up with ICICI, HDFC, Axis Bank and SBI in Payments segment. Rolled out in India last year, WhatsApp started its payment services with initial 20 Million customers with JIO as a maiden partner.
JIO offers Free Voice Calls to other networks again from January 1
Reliance JIO Infocomm on Thursday announced that starting from January 1, 2021 it will offer FREE Voice Calls to other networks again. Jio brought a 6 paisa/minute charge for domestic voice calls to other networks in October last year.
Zhong Shanshan overtakes Mukesh Ambani to become Asia's richest person
Chinese businessman Zhong Shanshan has surpassed Mukesh Ambani to become Asia's richest person. His net worth surged to 77.8 Billion USD from 70 Billion USD. He is the Founder and CEO of Chinese Beverage company Nongfu Spring.
Skyways Air and SpiceJet will transport COVID19 Vaccines across India
In this mutual deal, Skyways will provide cold chain transportation and storage along with dedicated last-mile connectivity, while SpiceJet will provide connectivity across its pan-India network with full temperature mapping controls.
TATA to buy 32.67% more stakes in Air Asia India
According to recent reports, TATA Sons will buy 32.67% more stake in Air Asia India, bringing its total share to 83.67% in the airline. Currently TATA Sons holds 51% stakes in Air Asia India and 49% is being held by Air Asia Group.
India to become 3rd largest economy by 2030 - CEBR
According to Centre for Economics and Business Research (CEBR), India will become fifth largest economy by 2025 after surpassing United kingdom and third largest economy by 2030.
Google, Youtube and other Google Services goes down worldwide
Recently Google and its other services got down in India and many other countries due to major outrage for few hours. As per the latest reports many apps has started working fine now. The actual reason for this failure is still not cleared.
Twitter users can now share tweets on Snapchat
As per the latest reports, Twitter Inc has integrated Snapchat in their app. According to this integration, Twitter users can now share tweets on Snapchat too. According to the experts, this step will help twitter and snapchat to get more number of users.
BCCI to add two new teams in IPL 2021
According to recent reports, BCCI treasurer Arun Dhumal confirmed that they are planning to add two new teams from IPL 2021 season. As per sources, Business Tycoons Gautam Adani and Sanjeev Goenka can be the owners of two new teams.
Former Zappos CEO Tony Hsieh dies at 46
Tony Hsieh, the retired and former CEO of Zappos, the Las Vegas based online shoe retailer dies at 46 in Connecticut, USA. According to the reports Tony died due to house fire injuries while visiting to his family.
Indian Economy enters Recession
Indian Economy entered recession after Indian GDP showed negative growth for second consecutive time. India's GDP contracted 7.5% in Quarter 3 (July - September) FY20, which is an improvement over 24% contraction in Quarter 2 (April - June).
France declines Pakistan requests for Mirage and Submarines Upgrade
France declines the upgradation of Pakistan's Mirage fighter jets, Air Defence System and Agosta 90B submarines after Pakistan's Prime Minister Imran Khan criticised French President Emmanuel Macron and promoted Boycott France in full fledge.
Telecom tariff hike needed as pricing is 'unsustainable' - Airtel Boss
Airtel chairman Sunil Bharti Mittal in a latest interview said that Telecom tariff hike is needed as current rates are highly unsustainable. Also on adding he said before taking a call we need to see the market conditions.
Zomato to offer free takeaways from restaurants
Online food delivery giant Zomato has started free takeaways from it’s partner restaurants. Zomato wants to encourage more food delivery from outside to support local restaurants. Also there has not been much evidence of COVID19 transmission from food and delivery.
Oaktree Capital may invest in Vodafone Idea
Oaktree Capital may invest around 2 Billion USD in Vodafone Idea against its 11.5% stake in Indus Tower. If this investment happens then Vodafone Idea will definitely get a big relief as Vi is going through a huge cash crunch.
Microsoft hires Python creator Guido van Rossum
Guido van Rossum, the Dutch programmer and creator of programming language 'PYTHON' has now joined Microsoft. According Guido van Rossum, "I decided that retirement was boring and have joined the Developer Division at Microsoft". Is something big coming from Microsoft ???
Elon Musk becomes third richest person on planet
Elon Musk overtakes Mark Zuckerberg and becomes third richest person of the world. This happened when Tesla stock price surged by 15% which resulted as a total net worth of Elon Musk surged to 110 Billion USD.
Reliance Retail acquires Urban Ladder for around 24 Million USD
Reliance Retail acquires majority stake of around 96% in furniture and decor platform Urban Ladder at 24 Million USD to make their e-commerce JioMart inventory strong.
WhatsApp Pay goes live in India after clearing NPCI norms
WhatsApp recently launched WhatsApp Pay in India after clearing all norms of NPCI (National Payment Corporation of India). WhatsApp announced this launch on its official Twitter Handle on November 6, 2020.
SpiceJet and IndiGo to charge Rs 100 for check in at airport counters
SpiceJet and IndiGo to now charge Rs 100 for check in at airport counters from every passenger to ensure contactless experience. IndiGo decision already effective from October 17 and SpiceJet decision to be effective from October 29.
Bharti Airtel to avoid 5G Auctions
Bharti Airtel to stay away from 5G Auctions due to high price. According to CEO Gopal Vittal, Airtel cannot afford such high prices of 5G. So Airtel to stay away from 5G Auctions.
Samsung Chairman Lee Kun Hee dies at 78
South Korea's larget conglomerate Samsung chairman Lee Kun Hee dies at 78. Under his leadership only Samsung became world's finest smartphone brand. Rest In Peace.
Jet Airways coming back in Indian Market
Jet Airways is all set to make a comeback in Indian Market. According to recent news, Kalrock Capital (Financial Advisory Firm) and Murari Lal Jalan (UAE Based BusinessMan) are the new owners of Jet Airways.