Meesho, an e-commerce company, recently announced its largest employee stock option (Esop) buyback program to date, valued at Rs 200 crore. This initiative will benefit approximately 1,700 former and current employees. The
The Chief Executive Officer of SoftBank has recently stated that Arm’s sale to Nvidia Corp will drive growth in computing power, in his 1st public comments since the 40-billion-dollar deal was proclaimed
Popular cross-platform instant messaging service Hike is back in the headlines. The home grown chat application lead by Kavin Mittal will soon include Hindi news from various sections like sports politics, technology
The IBM Watson super-brainy computing technology, which has helped organize massive data as well as beaten champions on the Jeopardy TV show, is now learning Japanese. IBM Watson, a unit of the
Ratan Tata, chairman emeritus of the holding company of India’s Tata conglomerate, has bought a stake in online taxi-hailing firm Ola, the company said on Wednesday. Tata, a respected business leader who
Micromax is on the verge of signing an agreement to sell a fourth of itself to China’s Alibaba for about $700 million (Rs 4,200 crore), according to three persons aware of the
Japan’s SoftBank will team up with Taiwan’s Foxconn and Bharti Enterprises to invest $20 billion (roughly Rs. 1,27,272 crores) in solar power projects in India, as the country ramps up its clean
Japan’s telecom carrier SoftBank paid vice president and ex-Google executive Nikesh Arora a whopping $135 million in the year to March, reports said Saturday. The amount included a one-time, sign-on bonus for
Micromax, India’s largest home-grown manufacturer of mobile phones, is close to selling a 25% stake to a consortium led by Ant Financial Services Group, China’s leading online financial services company that owns
E-commerce firm Snapdeal plans to hire 1,000 employees who know particular geographies well for their regional centres in the next two quarters, in an attempt to help the company stay closer to
Alibaba founder Jack Ma, China’s wealthiest man, said Wednesday he plans to invest more funds in India and believes the Internet can transform the country’s future. Ma, whose Alibaba controls 80 percent
Japanese telecom and media group SoftBank Corp has agreed to buy a $627 million (roughly Rs. 3,800 crores) stake in Indian online retailer Snapdeal, seeking to tap into potentially huge e-commerce