Lenskart FY19 loss narrows, topline jumps 56%
Total expenses for fiscal year 2019 came in at Rs 514.52 crore, up about 20% compared to the year-ago period when expenses were at Rs 429 crore.
Panasonic India revenue dips 10% in FY19; company to enter IT infrastructure management
As per Panasonic India’s latest regulatory filings wi...
War on bad loans begins to pay for fintech lenders
The tough financial conditions have meant that startups are using technology innovatively ...
Freshworks to tie up with IIT-M
The California-headquartered company will initially partner with the centre on how to leverage AI to provide advanced lead scoring capabilities for its customers.
Consultant to help Government e-Marketplace be on a par with ecommerce firms
The consultant will be given the brief to draw up this blueprint aiming at on-boarding more buyers and sellers, improving customer experience and enabling seamless transactions through the GeM platform.
Everstone infuses Rs 45 crore into Burger King India
Parent group also extends a loan facility of Rs 150 crore; Money to be used to open new stores and refurbish existing ones.
India's first startup IPO by Alphalogic Techsys sails through
The company has fixed the issue price for Rs 6.18 crore IPO at Rs 84 per share.
School management software app ‘myly’ acquired by US-based investor
Myly is a subscription-based product used by schools and parents for everything from fee payments, to communication, to schoolbus-tracking. The company was founded by Bansal and Gaurav Mundra.
IT biggies give lessons to IIITs and NITs on future tech, skills
Even the premier Indian Institutes of Technology (IITs) are regularly revisiting their course curricula with inputs from industry.
Samsung to make more in India, invest Rs 2,500 cr
The Korean company has set up two new component manufacturing entities in India - Samsung Display Co and Samsung SDI India.
Reliance Jio applies for in-flight connectivity licence to DoT: Sources
Most recently, the DoT issued a 10-year licence to Bharti Airtel subsidiary Indo Teleports Ltd to provide such services.
Domestic mobile phone makers’ revenues hit by Chinese companies
The combined revenue of Micromax, Intex and Lava, which make smartphones and feature phones, fell 22%.
US online fashion retailer gets Nair Ventures on board for India expansion
Without divulging financial details of the collaboration, Nair Ventures said in a statement it is looking forward to help Samshek establish and expand its presence in markets.
TAM Media Research, Israeli firm develop digital advertising measurement tools
Earlier, TAM’s AdEx India used to monitor over 650 TV channels, 900-plus print titles and more than 90 radio stations.
Tech arm of global banks pushed more work to India in FY18
Goldman Sachs Services saw total revenue rise 20% to Rs 2,963 crore. Wells Fargo EGS India reported a nearly 28% increase in revenue from operations to Rs 2,744 crore.
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