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Amazon India Strengthens its Operational Footprint in Bihar: Launches its First Fulfilment Center

Ahead of the festive season, Amazon India announced the launch of its first Fulfilment Centre (FC), in Bihar. With more thana lakh cubic feet of storage space, the new fulfilment center will be located in Patna and help better serve customers within the region and neighboring states. The new FCis …

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JIO LAUNCHES MULTIPLE AFFORDABLE TARIFF PLANS WITH FREE DISNEY+ HOTSTAR VIP SUBSCRIPTION TO WATCH LIVE IPL MATCHES

There is great news for all cricket fans, Jio has announced multiple tariff plans for upcoming Cricket Season. Launched as JIO CRICKET PLANs, the plans come bundled with data, voice and 1 year Disney+ Hotstar VIP subscription worth Rs 399. Cricket fans availing these plans can watch free live Dream11 …

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YuppTV acquires rights of Dream11 Indian Premier League 2020

YuppTV, the world’s leading OTT platform for South-Asian content, has acquired the rights for Dream11 Indian Premier League 2020 for a total of 60 matches. The streaming platform will telecast the matches LIVE across more than 10 territories. Amidst the lockdown, a large number of sports fans will virtually enjoy …

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Integrated Townships – Weathering the COVID-19 Siege

COVID-19 has underscored the advantages of self-managed mini-ecosystems with higher safety & security, open spaces, sanitation & control Top 7 cities have just 101 integrated township projects (launched since 2010 till date) with 3.16 lakh housing units; this is nearly 2% share of overall projects launched during the period Of …

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HCL announces launch of AI Lab for enhancing and upskilling capabilities

HCL Technologies (HCL), a leading global technology company, today announced it has joined NVIDIA Partner Network (NPN), the US-based technology company’s partner program, with plans to pursue expanded opportunities in the Artificial Intelligence (AI) space. HCL also announced the launch of NEXT.ai, HCL’s AI Lab, focused on upskilling engineers and …

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Liberty General Insurance Partners with SpiceJet to Offer Travel Insurance

Liberty General Insurance Ltd. (Liberty), one of the leading general insurance companies in India has always been at the forefront of bringing value driven products for its customers, and exploring new avenues to reach out to them, thus providing innovative insurance solutions according to their ever changing needs. Bearing this …

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SILVER LAKE TO INVEST ₹ 7,500 CRORE IN RELIANCE RETAIL VENTURES AT AN EQUITY VALUE OF ₹ 4.21 LAKH CRORE

Reliance Industries Limited (“Reliance Industries”) and Reliance Retail Ventures Limited (“RRVL”) announced today that Silver Lake will invest ₹ 7,500 crore into RRVL, a subsidiary of Reliance Industries. This investment values RRVL at a pre-money equity value of ₹ 4.21 lakh crore. Silver Lake’s investment will translate into a 1.75% equity stake …

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Amazon India Expands its Sort Centre Network ahead of The Festive Season

In preparation for the festive season, Amazon India has announced the expansion of its sort centre network. The 5 new sort centres will be launched in Vishakhapatnam, Farukhnagar, Bangalore, Mumbai and Ahmedabad. Apart from these new buildings, Amazon India will also expand8existing sort centres to increase its overall sortation area …

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SBI Mutual Fund to launch SBI Magnum Children’s Benefit Fund – Investment Plan

SBI Mutual Fund announces the launch of SBI Magnum Children’s Benefit Fund – Investment Plan, an open-ended fund to enable parents to invest for their child’s dreams. The Investment Plan is a new offering as part of SBI Magnum Children’s Benefit Fund which currently has Savings Plan, a predominantly debt-oriented offering. …

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Demand for Digital Services in India Outpaces the U.S. According to DigitalOcean’s Currents Report

DigitalOcean, the cloud for developing modern apps, recently announced the results of the latest seasonal instalment of its Currents report, dedicated to uncovering the challenges of today’s small-and-medium size businesses (SMBs). The report polled 500 founders and technical decision-makers at tech companies with fewer than 1,000 employees to better understand the unique …

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