IKEA unveils first small-format city store in Worli, Mumbai
Swedish furniture giant IKEA opened its first small-format city store in Mumbai on Thursday. Located at Kamala Mills, Worli, the store spans 80,000 square feet across three floors. This is…
RBI could lose control over money if crypto allowed: former Governor Duvvuri Subbarao
Duvvuri Subbarao, former Governor of Reserve Bank of India, has said that the central bank “could lose control over money supply and inflation management if cryptocurrency is allowed in the…
RIL with Abu Dhabi’s TA’ZIZ announces $2 billion chemical production partnership
Reliance Industries Limited (RIL) announced on Tuesday its partnership with Abu Dhabi’s state-owned chemicals derivatives company (TA’ZIZ) RSC to launch ‘TA’ZIZ EDC & PVC’, a world-scale chemical production partnership at…
Paytm to provide flight bookings at special prices for armed forces, students, senior citizens
E-commerce mammoth Paytm on Tuesday announced it has launched special discounted fares of flight bookings for armed forces personnel, students and senior citizens. The discounts will be available for bookings…
Samsung merges mobile and consumer electronics divisions, names new CEOs
Samsung Electronics Co Ltd will merge its mobile and consumer electronics divisions, naming new co-chief executives in the biggest reshuffle since 2017 to “simplify its structure and focus on the…
Kotak strikes crypto deal with WazirX amidst speculated crypto regulation
Kotak, India’s leading private bank, has reportedly become the first to embrace the crypto community, amid a growing perception that cryptocurrencies could be ‘regulated’ and not banned in India. “WazirX…
CAIT opposes MoUs with Amazon by State Govts, calls it unfortunate
The Confederation of All India Traders (CAIT) on Sunday said condemned the fact that several Indian states have entered into a memorandum of understandings (MOUS) or agreements with e-commerce giant…
Edtech major upGrad set to acquire Talentedge for Rs 400-500 crore
Online higher education unicorn upGrad, has entered into an exclusive agreement to acquire Talentedge (Arrina Education Services, the Holding Company of Talentedge Education Ventures Private Limited), India’s fourth-largest online higher…
Uber to introduce cab bookings through Whatsapp in India
WhatsApp and San Francisco-based company Uber have announced a new partnership in India, wherein customers will be able to book a cab using the ride-share service’s official WhatsApp chatbot, the…
Facebook, Instagram in India get new women safety tools
Meta-owned social platforms Facebook and Instagram have been integrated with two new safety initiatives for women in India. The company is on track to spend $5 billion this year on…