Category: Business

Commerce and Industry Minister Piyush Goyal addresses the launch of United Nations-Industrial Development Report 2020

New Delhi: Today, The Minister of Railways and Minister of Commerce and Industry in the Government of India, Piyush Goyal addresses the launch of the United Nations-Industrial Development Report 2020. Piyush Goyal at round table 4.0 making industry work said that self-reliant India needs challenges and strategies to push to 5 trillion economies and take […]

Tailored Brands, owns Men’s Wearhouse, files bankruptcy amid COVID-19 crisis

One of the top affordable men’s suits market player Men’s Wearhouse and JoS. A. Bank owner has filed for bankruptcy protection on Sunday owning to the coronavirus pandemic as the demand for office wears has nosedived as America corporate workers are working from home. The Tailored Brands of the company has around 1,400 stores with […]

OYO to merge its Japan hotel and residential units business amid pandemic

The Japanese unit of India’s Oyo Hotels & Homes will be merging its hotel and short-term residential businesses all due to the mounting pressure because of the coronavirus pandemic pushing the Softbank backed startup to revamp itself. This is the latest move by Oyo’s in a race for profit worldwide as the outbreak has put […]

Billionaire Milner nears $400 million funding in India’s EdTech startup Byju’s

Billionaire Yuri Milner investment firm, DST Global is close to investing around $400 million in well known Indian online education startup Byju’s. This development is reported by Bloomberg. Interestingly, as per the sources quoted on the report, this deal which may be announced in the coming weekend will value Byju’s at $10.5 billion. And if […]

President Trump Says U.S. Should Get Slice of TikTok Sale Price

The United States President Trump said he was ready to give approval for the purchase of the U.S. operations of the Chinese ByteDance-owned video-sharing app TikTok, but only if the government receives “a lot of money” in exchange. Earlier, Redmond-headquartered Microsoft Corp. said it hopes to acquire TikTok’s U.S. business along with three other countries […]

NPCI confirms WhatsApp is now fully compliant with Data-Localisation norms

After years of effort, Whatsapp seems to have finally complied with India’s data localisation norms to start its digital payments service in the country. Yes! you heard it right, according to the reports in TOI, a filing by the Indian banking regulation authority, Reserve Bank of India (RBI) with the Supreme Court shows that the […]

WATCH: NASA/SpaceX Demo-2 Mission Live stream

The wait is over as the awaited movement is going to arrive. It is expected that the Crew Dragon capsule will jettison a portion of the spacecraft known as a trunk for getting ready to leave Earth orbit and start its landing. The two traveller are NASA astronauts Robert L.BehnKen and Douglas G. Hurley. We […]

Focusing on localisation to de-risk biz from supply chain challenges, forex fluctuations: Toyota

Toyota Kirloskar Motor (TKM) senior company official has confirmed that they are focussed towards strengthening localization of its products along with technologies to achieve their objective to de-risk its business from foreign exchange fluctuations as well supply chain challenges A joint venture company of Japanese auto major Toyota and the Kirloskar Group TKM is looking […]

With aim to make Meraki portfolio even smarter, Cisco acquires Modcam

As IoT making its roots deeper, the stuff like security cameras is getting smarter and smarter. Nowadays, the smart cameras also have machine learning (ML) capability that helps it to automatically identify what it’s looking at, like at an animal or a human. And taking this cool and upcoming scalable tech into consideration, now Cisco […]

Ivanka Trump and Husband Jared Report Income of at Least $36 Million in 2019

The United States President’s eldest daughter, Ivanka Trump and her husband, Jared Kushner, reported income of at least $36 million in 2019. This comes in light via financial disclosure reports made public on Friday. Having a new career as White House officials for the past few years, the couple’s investments mostly in real estate, which […]
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