The instant video social media app may end up spending more than $200 million in contractual fees in 2020
A hotel in Hyderabad has refused entry to spoken-word artist Nupur Saraswat as it does not entertain single ladies as a policy.
Intra-day, the stock touched a high of $10.15 and slipped to the day's low of $8.3954 before recovering some ground to end a tad lower
The discount wars are likely to subside; companies will see better profitability and customers lesser discount offers
Online travel firm MakeMyTrip will acquire rival ibibo in an equity deal that will create one of the leading travel groups in India. South Africa's Naspers and China's Tencent Holdings are selling ibibo Group to MakeMyTrip in exchange for an issuance of new shares by MakeMyTrip, the company said in a statement.
Following the closing of the proposed transaction, MakeMyTrip founder Deep Kalra will remain Group CEO and Executive Chairman of the company and co-founder Rajesh Magow will continue to remain CEO India of MakeMyTrip, it added.
Post the share acquisition, ibibo Group chief executive Ashish Kashyap will join Djubo's board, the company said in a statement today.
The deal, which is said to be around Rs 800 crore, is an ideal evaluation of RedBus, say investors
Beetel Teletech has entered an already overcrowded mobile market with the launch of GD470, its first full touchscreen mobile handset for India.
The GD530 definitely looks like a good first attempt, but the many bugs and glitches means that Beetel will have to try harder.
Aircel & ibibo.com will offer, "Great Indian Parking wars".
AppDirector 1000 will ensure the high availability, performance and security of ibibo network systems.