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Flipkart $1 Billion

India’s Flipkart gets $1 billion fund inflow

Flipkart rakes in $1 billion from investors. India’s online retail giant – Flipkart – has managed the biggest round of fund-raising in the Indian e-commerce industry.  Flipkart managed to rake in a $1 billion, pumping the...
amazon

Amazon to open 5 more delivery centers in India

In a bid to improve customer service Amazon to open 5 more delivery centers in India. Online retail giant Amazon is all set to open 5 new centers across in India. The move will be taken by the retail giant so as to ensure faster product delivery...
Worker installs electric power cable at a newly constructed power station in Jammu

Reliance Power to completely buy over Jaiprakash Power’s hydropower unit

Reliance Power all set to become India’s largest private hydropower supplier. Indian business giant Reliance Power Ltd is all set to completely buy over Jaiprakash Power Ventures Ltd’s entire hydropower business. The announcement...
nissan

Nissan recalls 226,000 vehicles over faulty airbags

Auto industry debacle continues as Nissan recalls its vehicles. Japanese auto giant Nissan has recalled more than 226,000 additional vehicles citing an air bag defect. The National Highway Traffic Safety Administration on July 26, 2014 said...
darjeeling

Darjeeling tea prices go down by Rs. 100, says report

India’s Darjeeling tea prices take a hit. Recent reports state that – India’s famous export – Darjeeling tea prices have gone down by Rs. 100 per KG when compared  to last year’s figures. This time, the production...
LG

LG electronics records increase in profits in second quarter

LG sales figures get boost owing to its smartphone segment’s success.  South Korean giant LG Electronics has recorded an increase in profits during the second quarter due to a turn around in its mobile unit. The net profit has been reported...
BMW

BMW launches ActiveHybrid 7 in India

BMW’s new ActiveHybrid 7 promises to be a one of a kind experience for auto enthusiasts. German luxury auto company, BMW has launched its ActiveHybrid 7 for the Indian market. The vehicle was launched on July 23, 2014 and has been priced...
drawelements

Google buys over 3D graphics firm DrawElements

Finnish 3D graphics firm DrawElements acquired by Google. In its latest business move – search engine giant Google – has bought over a Helsinki-based 3D graphics startup DrawElemants. The financial details of the deal are still shrouded...
iphone

Apple reports strong iPhones sales

Apple gets revenue boost as iPhone sales escalate. US based tech giant Apple has reported its quarterly profits at $7.75bn, which is up by 12 % compared to the same period in July 2013. Reports say that the company has sold about 35.2 million...
Celebrating vivaha

Celebrating Vivaha – Asia’s largest wedding exhibition to flag off in India

Celebrating Vivaha all geared up to be Asia’s largest wedding expo. The 14th edition of Asia’s most grand wedding exhibition is all set to kickstart on July 25th, 2014 in Mumbai. ‘Celebrating Vivaha’ started out as a...