Govt to build data & analytics platform; FaceApp in new row

Team TC

The government is planning a new data platform. Microsoft shares rally on cloud show. FaceApp is facing a new challenge. NITI ....

19 July, 2019

Centre to incentivise ministries, state govts to buy via GeM

Payal Ganguly

Various central ministries and state governments will be incentivised to procure products and services from the Government e-Marketplace ....

19 July, 2019
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Nasscom to help SMEs enter US market

Tanmay Tiwary

The National Association of Software and Services Companies (Nasscom), the software services industry lobby, has announced the ....

19 July, 2019

Mindtree founders to stay on and ensure smooth transition

Anirban Ghoshal

Mindtree founders Rostow Ravanan, Krishnakumar Natarajan and NS Parthasarathy have agreed to stay back with the company for some ....

19 July, 2019

Amazon India to give 30-day notice to 3rd party sellers before ending contracts

Payal Ganguly

In a big boost for third-party sellers, online marketplace Amazon India will now give a 30-day notice before terminating agreements, ....

19 July, 2019

Indian server market declined 16% in Q1 2019: IDC

Om Athavale

The server market in India registered a year-over-year (YoY) decline in revenue of 16.2% to $298 million in the first quarter ....

19 July, 2019
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Venture Catalysts backs US-focussed equities investment platform Vested

Shweta Sharma

US and India-based investment platform Vested has raised an undisclosed amount of funding from incubation platform Venture Catalysts.  The ....

19 July, 2019

ShopClues lays off 200 employees as it runs out of M&A options

Binu Paul

Ecommerce marketplace ShopClues has laid off about 50% of its workforce as the going gets tough for the Gurugram-based company ....

19 July, 2019

Cars24 in legal quandary, IKEA launches online operations in Mumbai

Team TC

Cars24 gets notices from landlords over non-payment of rent. In a global first, IKEA launches online operations in Mumbai ahead ....

19 July, 2019

Cryptocurrency exchange Cryptokart shuts operations

Tanmay Tiwary

Cryptocurrency exchange firm Cryptokart is shutting down operations. “We've decided to shut down Cryptokart,” ....

19 July, 2019
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Intel, SAP announce new partnership

Vignesh Ananthraj

Multinational technology and chip maker Intel and German ERP leader SAP SE announced  a multi-year technology partnership, ....

19 July, 2019

L&T Infotech reports 1.5% drop in net profits, revenues up 15.3%

Anirban Ghoshal

Larsen & Toubro Infotech (LTI), the information technology services arm of Mumbai-based engineering conglomerate L&T, ....

19 July, 2019

Cyient Q1 net profit up 9.7%

Vignesh Ananthraj

Hyderabad-based engineering, manufacturing and data analytics technology solutions company Cyient reported a 9.7% increase in ....

18 July, 2019

ByteDance under govt scrutiny for data collection by TikTok, Helo

Payal Ganguly

In a three-page letter issued to short video app TikTok and language chat app Helo, the ministry of electronics and information ....

18 July, 2019

Fintech startup CredAble’s subsidiary gets NBFC licence

Shweta Sharma

Mumbai-based financial services company CredAble’s wholly-owned subsidiary, Equentia Financial Service Private Limited, ....

18 July, 2019

Accel leads fresh funding round in travel management startup Travelstop

Vijayakumar Pitchiah

Singapore-based Travelstop, founded by Indian-origin entrepreneurs, has raised $3 million (Rs 20.67 crore at the current rate) ....

18 July, 2019

Anthill Ventures, HealthCare Global to support 6 healthtech startups

Shweta Sharma

Early-stage investment firm Anthill Ventures and cancer care specialist HealthCare Global Enterprises Limited (HCG) have shortlisted ....

18 July, 2019

BharatPe appoints former Paytm, Flipkart employees to lead product push

Tanmay Tiwary

BharatPe, which offers a quick response (QR) code-based payment application for merchants, has appointed Pawan Pathak and Abhishek ....

18 July, 2019