Zomato raises $52 million from US-based Kora Investments.
Foodtech unicorn Zomato has raised $52 million from US-based Kora Investments, continuing efforts to bolster its cash reserves at a time when the food delivery sector is rebounding from the ravages of the Covid-19 pandemic.The capital was raised as part of an ongoing round that is expected to raise as much...
iPhone 12 mini, iPhone 12, iPhone 12 Pro, iPhone 12 Pro Max Launched: Price in India, Specifications.
iPhone 12 series was unveiled by Apple at its virtual event on Tuesday, and it consists of the iPhone 12 mini, iPhone 12, iPhone 12 Pro, and the iPhone 12 Pro Max. While the iPhone 12 mini comes as the smallest and the most affordable model in the new series, the iPhone 12 is designed as the successor...
Apple enters 5G race with new iPhone 12 range.
Apple Inc on Tuesday launched its next-generation iPhone 12, with faster 5G connectivity that the California company hopes will spur consumers to trade in their old phones and keep its sales booming through the end of the year.The core of the line-up, the iPhone 12 with a 6.1-inch display, will sell...
Amazon Prime Day global sale starts today.
Amazon Prime Day global sale, after being delayed for months due to the Covid-19 pandemic, is finally here. The two-day sale will begin on October 13. For subscribers in India, the sale will take place on October 16 and 17.The retailer’s biggest sale event is an annual programme in which prices of products...
Govt buys 37.92 lakh ton kharif paddy at MSP in last 15 days.
The Centre on Sunday said about 37.92 lakh tonne of kharif paddy worth Rs 7,159.39 crore has been purchased at the minimum support price (MSP) from 3.22 lakh farmers in the last 15 days.Paddy procurement commenced in Punjab and Haryana from September 26 due to early arrival of the crop, while in other...
Amazon India partners IRCTC to offer reserved train ticket bookings.
Amazon India on Wednesday said it has partnered with Indian Railway Catering and Tourism Corporation (IRCTC) to provide their customers with the facility to book reserved train tickets on its platform.“For the introductory period, Amazon.in has waived off service and payment gateway transaction charges....
The unemployed trader who became a $700 million exile.
When Sanjay Shah lost his job during the financial crisis more than a decade ago, he was one of thousands of mid-level traders suddenly out of work.Shah didn’t take long to get back into the game, setting up his own fund targeting gaps in dividend-tax laws. Within a few years, he charted a spectacular...
Flipkart to offer over 200 special edition products during Big Billion Days sale.
Flipkart is hosting its annual Big Billion Days sale in India. The six-day long sale will begin on October 16 and it will go on until October 21. Ahead of its festive sale, Flipkart has announced that it will be offering over 200 special edition products during the Big Billion Days sale.Flipkart said...
ADIA to invest ₹5,512.50 crore in Reliance Retail.
Mukesh Ambani’s Reliance Retail on Tuesday announced that Abu Dhabi Investment Authority (ADIA) will be investing ₹5,512.50 crore in Reliance Retail Ventures Limited or RRVL. This will give the company a 1.20% stake in Reliance Retail.ADIA’s investment values Reliance Retail at an equity value...
Apple leases 4 lakh sqft space in central Bengaluru.
In its biggest real estate deal in India, Apple has leased about 4 lakh sqft of commercial office space in Bengaluru's central business district, people familiar with the matter said.Apple has signed a lease with Prestige Estates for its Minsk Square building and will pay a rental of Rs 170 per sqft,...