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Under stress: Morgan Stanley lowers Flipkart's valuation at under $10 bn

May 27, 2016

Under stress: Morgan Stanley lowers Flipkart's valuation at under $10 bn

The successive markdown comes at a time when its American rival Amazon is aggressively gaining traction in the burgeoning Indian e-commerce market. #Business #Morgan Stanley #CompanyWatch #Amazon #E-Commerce #Flipkart
IndiGo not passing entire low fuel cost benefit to flyers: Aditya Ghosh

May 08, 2016

IndiGo not passing entire low fuel cost benefit to flyers: Aditya Ghosh

Hit by higher expenses, IndiGo's parent InterGlobe Aviation saw its net profit remain flat at Rs 579.31 crore in the three months to March. #Business #IndiGo Airlines #CompanyWatch #DGCA #Aditya Ghosh #ATF #Ashok Gajapathi Raju #Interglobe Aviation
Sebi fears grave irregularities, expands probe in Mallya firms

May 08, 2016

Sebi fears grave irregularities, expands probe in Mallya firms

Sebi is also probing any possible violation of norms aimed at checking fraudulent and unfair trades and comprising the interest of minority shareholders. #Business #CompanyWatch #Vijay Mallya #Corporate Affairs Ministry #Serious Fraud Investigation Office #UB Group #Mangalore Chemicals and Fertilizers
Ola's latest offering Micro bulks up overall bookings for cab aggreggator

Apr 21, 2016

Ola's latest offering Micro bulks up overall bookings for cab aggreggator

Ola Micro service was launched in seven cities a few weeks ago. It has now been extended to 17 cities and plans are underway to go beyond 42 cities tomorrow. #CompanyWatch #Ola Cabs #Uber #Ola Micro #Ola fare #cab aggregation platforms
Bajaj claims its Qute is safer than cars like the VW Polo, but how safe is safe?

Apr 11, 2016

Bajaj claims its Qute is safer than cars like the VW Polo, but how safe is safe?

The quadricycles were tested on a different set of parameters than regular cars, with the parameters for cars being far more stringent. #Business #CompanyWatch #Automobile #Bajaj
Map making is laborious, it took a decade to map India, says Rashmi Verma, co-founder, MapmyIndia

Mar 12, 2016

Map making is laborious, it took a decade to map India, says Rashmi Verma, co-founder, MapmyIndia

The challenge was that there were no digital maps in the public domain like it is in developing countries, says MapmyIndia, co-founder, Rashmi Verma. #CompanyWatch #MapmyIndia #Digital Maps #Success Quotient #Rashmi Verma Co-Founder #GPS navigation #Rakesh Verma - MD #Rohan Verma - director
11 technology start-ups make the cut at GenNext Hub, a Reliance Industries-Microsoft venture

Mar 12, 2016

11 technology start-ups make the cut at GenNext Hub, a Reliance Industries-Microsoft venture

The GenNext Hub is an initiative of Reliance Industries Limited (RIL) powered by Microsoft Ventures to catalyze the startup ecosystem for a digital India. #Business #Reliance Industries #Microsoft #CompanyWatch #Microsoft India #GenNext Hub #11 tech start-ups #Bhaskar Pramanik - Chairman #Dr Raghunath A Mashelkar -GenNext Chairman
Vistara to connect Srinagar, Jammu and Kochi this summer, to induct four more planes

Mar 08, 2016

Vistara to connect Srinagar, Jammu and Kochi this summer, to induct four more planes

The joint venture carrier, in which Tata Sons holds 51 percent stake while the rest is held by Singapore Airlines, currently operates 317 services per week with a fleet of nine Airbus A320 planes. #Aviation #Tata Sons #CompanyWatch #Singapore Airlines #Vistara #Phee Teik Yeoh
Air India to opt for business, economy class seats in A320 neos

Mar 07, 2016

Air India to opt for business, economy class seats in A320 neos

Air India has been looking at ways to bolster its business and expects to shave off its losses by around 40 percent to Rs 3,529.80 crore in the current financial year. #Business #air india #CompanyWatch #Ministry of Civil Aviation #Mahesh Sharma #Airbus 320 NEO #A-321 #A-319