Amazon is actually close to begin in Australia, claimed Rocco Braeuniger, its country manager, this week, as the U.S. e-commerce behemoth gears up to shake up an already-delicate retail sector for brick and mortar in the No. 12 economy of the world. While Amazon did not provide a precise beginning date, the comments from Braeuniger […]
Category Archives: Business
Reliance Jio Sets Ground For One More Fight
The newbie of the telecom sector has called upon the telecom watchdog to cut rates of international call termination to 6 Paise each minute, and then to nil, altering its position and breaking ranks with bigger contenders who need the charges to be stepped up from 53 Paise at present to Rs 1, setting the […]
Ola In Talks To Raise Approx. $2 Billion Funding From Tencent
Ola, the country’s largest cab service delivering company through the app, has raised $1.1 Billion in funding through China’s Internet Company Tencent and is now negotiating the final round with investors for $1 Billion. In the current funding round, the value of Ola has been valued at about $4 Billion. Sources familiar with the company’s […]
Airtel Users Has A Chance To Escape Long Waiting Line For Apple iPhone X
Airtel is transporting the iPhone X on its lately rolled out online shop beginning from November 3, 2017, as fraction of the global roll out of the handset next week, even as it builds up its device offering for new high value users and current users. It is not obvious if the store will accept […]
Dutch Offshore Wind Farm Designers In Discussion To Trade Green Energy To Corporates
Energy firms constricting wind farms off the Dutch coast are discussing to trade some of their green power straightly to huge companies rather than providing it to the wholesale sector, they claimed to the media. Makers of offshore wind farms have conventionally depended on government subsidy transactions to guarantee revenue, but considerable slashes in support […]
Not A Good Idea To Get Used To Freebies Of Reliance Jio
Jio (Reliance Jio Infocomm) will lift their tariffs every couple of months, claimed Goldman Sachs (GS), the brokerage company. “We anticipate Jio to lift tariffs every couple of months, with the subsequent potential elevation in January 2018,” experts of the US-located brokerage firm included in its report this week. The telecom company last week lifted […]
Tata CliQ All Geared To Make And Entrance In The E-Wallet Space
Tata CliQ, the Tata Group controlled e-commerce marketplace, will roll out an e-wallet wholly for use in the platform in the upcoming 4 Months to 5 Months and ultimately foray into trading services such as funding services. It also aims to increase the current 60 brands 2x that have set up their omnipresent channel on […]
Ericsson Reports Larger Than Anticipated Quarterly Loss
Ericsson, the Swedish telecom company, last week missed low expectations, turning in disappointing results for quarter three on slumping sales & big losses and alerting that the outlook ahead might also be difficult. After a pitiable year of 2016 witnessed net profits drop by 86%, Ericsson has still not dealt to stop the flow of […]
Is There Any Future of Alexa and Echo in India?
Ten Years since Amazon launched its first device Kindle in the market. And now the company has launched its Echo and Alexa in the Indian market. Is there any future for them in India? Let’s find! Right from the beginning, Alexa has almost 10,000 “skills” in the country. Skills are abilities that Alexa contains and […]
Messagebird in Largest Early-Stage Financial Support for European Software Company
MessageBird, the Dutch start-up messaging firm, has grounded $60 Million in 1st round of funding, the biggest early-stage venture capital spending ever in the history into a European software firm. MessageBird assists 15,000 organizations communicate or send messages with users via voice, chat, or video. Clients vary from firms such as SAP, Uber, and Heineken, […]