NEW DELHI: Anil Ambani-led Reliance Group’s private equity firm has invested $12 million in real estate brokerage firm Square Yards, the realty firm said today. The brokerage firm will use the proceeds to strengthen its distribution network. Square Yards, an online to offline (O2O) real estate transaction player, has “raised US $12 million investment from…
HYDERABAD: Dell EMC, a leading provider of IT storage solutions and Pi Datacenters, a green field data centre and an enterprise class cloud service provider, on Tuesday announced a strategic partnership. Dell EMC, a part of Dell Technologies, and Pi would collaborate to leverage each other in delivering software defined storage (SDS) to customers in the India…
TOKYO: Amid India’s efforts to woo investors, Japanese industry has sought early passage of the amended Land Acquisition Bill and further relaxation of “restrictions” on foreign financing in certain sectors to ensure “free and smooth” corporate business activity by its companies in India. The recommendations have been made in a joint report of ‘India-Japan Business Leaders Forum’…
BEIJING: Alibaba Group, the e-commerce giant behind the 24-hour Singles’ Day shopping blitz, has raked up a record $17. 6 billion in the Singles Day online sales, creating a new record in global retail sales for any single day. Consumers spent more than 120 billion yuan ($17.6 billion) shopping online on leading e-commerce platform…
NEW DELHI: Software major Adobe on Friday announced it has acquired video advertising platform TubeMogul for nearly $540 million. TubeMogul is a leader in video advertising, with a single platform that enables brands and agencies to plan and buy video advertising across desktops, mobile, streaming devices and TVs. Adobe Marketing Cloud is…
BENGALURU: Government’s decision to ban 500 and 1,000 notes has met with mixed response from India Inc. While some analysts believe that it is good for the long run, some believe that it’s going to have a negative impact on the Indian economy in the short run. As a result, performance of India…
NEW DELHI: The Indian mobile accessories market is set to explode owing to the exponential smartphone sales growth and domestic phone maker Intex aims to touch the 100 crore mark in this segment by March next year, while gearing up to play a key role in the batteries segment, a top company executive has said. …
WASHINGTON: A team led by an Indian-origin scientist in the U.S. has developed filaments that harvest and store the suns energy and can be woven into textiles which can power phones, personal health sensors and other gadgets. The breakthrough would essentially turn jackets and other clothing into wearable, solar-powered batteries that never need…
NEW DELHI: Tata Group has joined hands with General Electric Ventures, Microsoft Ventures and others to set up a new technology incubator in Israel. “With the first closing of USD 20 million, the incubator called i3 Equity Partners (i3) will focus on developing next-generation IoT (Internet of Things) and IIoT (Industrial Internet of Things)…
MUMBAI: Anil Ambani promoted Reliance Group on Tuesday announced a strategic partnership with Cisco Jasper for the launch of its new venture ‘UNLIMIT’ to provide Internet of Things (IoT) services to enterprise customers across India. “The outlook for IoT services in India is virtually UNLIMITed, with the number of connected devices projected to rise from 200 million today to around…
