Archives for Business - Page 8
Tech Mahindra, MetricStream announce global tie-up
Software firm Tech Mahindra has entered into a strategic alliance with US-based MetricStream to deliver governance, risk and compliance (GRC) solutions across the globe. MetricStream's leading enterprise and cloud apps…
Ratan Tata backs yet another startup
MUMBAI: Ratan Tata has invested an undisclosed amount in Bengaluru-based startup intelligence platform Tracxn. With this investment, Tracxn will join the list of nearly two dozen startups and tech companies…
Ratan Tata invests in DogSpot.in
Top industrialist Ratan Tata ​continued his slew of investments in various startups globally, with his latest investment in pet care portal However, the value of the investment was not disclosed.…
Wipro to acquire BPaaS provider Viteos Group for $130 million
Wipro has signed a definitive agreement to acquire Viteos Group, a BPaaS provider for the Alternative Investment Management Industry for a purchase consideration of $130 million. The company specializes in…
RCom in exclusive talks with Aircel to consolidate their mobile businesses
New Delhi: Reliance Communications (RCom) is in talks with shareholders of telecom operator Aircel for a potential merger of the wireless or mobile businesses of the two companies. The Anil…
Facebook’s latest feature to help locate reputable businesses
Social network giant Facebook has quietly launched a new desktop-only feature on its site which allows users to find highest-rated local businesses based on customer reviews, entering in direct competition…
Infosys invests $3 million in sports startup WHOOP
BENGALURU: India's second largest software exporter InfosysBSE % has invested $3 million in US-based technology startup Whoop Inc, which develops wearable devices and performance improvement tools for professional athletes and…
Flipkart Acquires Stake in MapmyIndia to Improve Delivery Operations
Bengaluru: Online commerce giant Flipkart has acquired a strategic minority stake in navigation and tracking solutions provider MapmyIndia to strengthen its supply chain management. With Flipkart's investment, MapmyIndia's early financial…
Ola acquires multi-year licence of MapmyIndia for better navigation
Taxi aggregator Ola on Thursday announced its partnership with MapmyIndia by acquiring a multi-year licence. "Through this partnership, Ola will get complete access to mapping data from MapmyIndia, which has…
Nestle India shares gain as it resumes Maggi Noodles production at 3 plants
Nestle India shares were trading higher in the morning trade on Tuesday after the company said it has resumed manufacturing of its instant noodles Maggi at three of its India…
Microsoft Q1 profit beats estimates, cuts 1,000 jobs
Microsoft reported better-than-expected quarterly adjusted revenue for the ninth quarter in a row, boosted by burgeoning demand for its cloud products, sending its shares soaring in after-hours trading on Thursday.…
Cloud services help Amazon post surprise Q2 profit
E-commerce company on Thursday recorded a surprise profit for the second quarter in a row, propelled by higher sales in North America and its cloud computing business, and its shares…