Investment
Brief
A Big Billion Day for Flipkart: Raises $1.4 Billion To Challenge Amazon
The poster boy of Indian eCommerce industry, Flipkart has raised $1.4 billion from some of the tech majors, including Microsoft and Tencent. This is the largest round of funding ever raised by any Indian startup till date. The major...
Brief
When Rs. 10 Crore Investment In Paytm Returned Rs. 275 Crore
The startup ecosystem in India has been growing leaps and bounds for the last five years, despite all challenges, criticism and corrections. It is proven once again as the poster boy of digital wallet revolution in India, Paytm, has...
Apple
Why Is Warren Buffett Buying Apple After Lifelong Aversion to Technology?
Neeraj M -
In May 2016, after nearly a lifelong aversion to technology stocks, Warren Buffett invested $1 billion in Apple Inc. (NASDAQ:AAPL). It was his very first investment in technology space. The development attracted the eyeballs of many as the Oracle of...
Brief
Why Is Uber Investing $500 Million To Reinvent the Whole Wheel ?
Abhishek -
Uber is reportedly developing its map services and has decided to invest a whopping $500 million in pursuing it. While we can see the move as a step closer to technology advancement Uber has taken, the question arises, has Uber...
Brief
Amazon’s $3 Bln Investment In India: A Nail In The Coffin For Struggling Indian Etailers?
Two days after the third anniversary of beginning operations in India, Jeff Bezos, the Founder & CEO of Amazon.com, announced his decision to pump in another $3 billion in the Indian market. He made the announcement at a meeting...
Apple
Why is Warren So Keen To “Cook” an “Apple” “Buffet” ?
Two recent events related to Apple Inc. (NASDAQ:AAPL) caught my attention over the previous weekend.
Berkshire Hathway's large investment in Apple of $1 billion last week made headlines all over the world. It was indeed an iconic moment as Warren...
Brief
Apple Invests $1 Bln In Didi Chuxing To Safeguard Its Own Existence
Abhishek -
Expansion of businesses is the order of the day; the technology honchos are looking for newer avenues other than their own traditional business. The new entrant in the league is Apple Inc (NASDAQ:AAPL). Citing its loss in fiscal Q2...
Brief
Cisco To Invest $100 Million in India To Push Digitisation And Train 250,000 Students
Cisco Systems, Inc (NASDAQ:CSCO), an American MNC is an undisputed leader in the field of Networking. Over the period of 30 years, Leonard Bosack and Sandy Lerner, the co-founders of Cisco, made it a well-known brand in the Asia-Pacific region, and now...
Brief
RBI Effectively Lifts All FDI Restrictions, Including Etail & Retail
It came as a surprise to me too - I was sitting with a lawyer friend yesterday and he told me "You guys must be relieved."
I wasn't sure what he meant - and he referred to the new RBI...
Brief
Steve Ballmer Buys 4% Stake In Twitter: Boon Or Bane ?
Steve Ballmer, the former CEO of Microsoft Corporation (NASDAQ: MSFT) and the owner of Clippers basketball team has bought 4% stake of the microblogging network Twitter Inc. (NYSE:TWTR). Ballmer tweeted about this from his newly created Twitter account @Steven_Ballmer. The...
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Latest News
Meta Q1 2024: Jaw-Dropping Surge in Revenue and Net Profit, But Reality Labs Burning Billions
Meta Platforms, Inc. (NASDAQ: META) has unveiled its financial results for the first quarter of 2024 and it is...
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