Byte Dance owned lip-synced video-sharing app Tik-Tok since his debut, in India, has been financially making all the right kind of noises. And as per recent reports, TikTok’s market reach has surged by about 28% in 2019 from 1.12% in 2018. This unprecedented surge for TikTok has lead to Twitter and Facebook losing 40% of...
Shares of Indian Railways Catering and Tourism Corporation (IRCTC) took a big leap at the stock market on its debut. Now listed on BSE and NSE, IRCTC opened with an issue price of Rs. 320 per share and was trading at Rs. 722 at 3 PM on the Bombay Stock Exchange. On the National Stock...
Instagram has reportedly approached celebrities, asking them to create IGTV content, which shouldn’t cover “content about social issues, elections or politics”. “We believe there’s a…difference between allowing political…content on our platform and funding it ourselves,” a spokesperson said. Also Read: Apple Card Accused Of Promoting Sexism, Gender Discrimination Facebook-owned photo-sharing platform will bear all the...
The California-headquartered ride-sharing firm Uber has announced its collaboration with Delhi Metro Rail Corporation to let users book public transport tickets from within the app using a feature called Public Transport. Public transport is live on the Uber app, however, as of now can only be used to plan your journey. The ability to book...
Walmart-owned e-commerce giant Flipkart is all set to enter the food retail business in India to compete with Amazon, which has been expanding its food retail business in the country for a while. The announcement was made by Flipkart’s CEO Kalyan Krishnamurthy. Also Read: Carlsberg Working On Creating Paper Bottle To House Beer Because It’s...
The telecom network which once created sensation with its freebies has now come under the hammer of the user’s anger. Reliance Jio yesterday announced that it would charge 6 Paise/minute for calls to non-Jio users. All you need to know about IUC. pic.twitter.com/svdSsrmT5s — Reliance Jio (@reliancejio) October 9, 2019 The news was made official...
Global e-commerce giant Amazon is investing big in its Indian units. The firm is reported to have invested over $ 600 Million (equivalent to 45 Billion Indian Rupees) in its Indian subsidiaries. India happens to be the fastest-growing market for Amazon where it is a close 2nd to Flipkart. This recent investment by Amazon would...
As per the leaked documents that reveal the exchanges between Facebook CEO Mark Zuckerberg and Tinder Co-founder Sean Rad, the former had allowed dating app Tinder special access to user data, which helped the latter thrive in 2015. The documents come from a 2015 lawsuit by bikini photo app Six4Three. Also Read: Facebook Testing Face-Motion Tool...
Bettering its all-time Ease of Doing Business ranking from the previous year (77), India has jumped 14 places to 63rd position in the World Bank’s Ease of Doing Business released on Thursday. The ranking is forged after accessing and analyzing a country’s potential to attract foreign investment and the business environment it delivers to international companies. Back...
Indians, including fraudsters, over the years, have stashed a lot of money in the Swiss bank with the government having less to no information about the same. Nevertheless, the trend seems to change as the Switzerland government has now shared information about bank accounts of Indians, as reported by PTI. In an unprecedented win, India...
Looking to recover from its financial crunch the state-run telecom company BSNL recently launched Voluntary Retirement Scheme (VRS) for its employees aged 50 or above. Within days of the rolling out of scheme, over 18,000 employees have opted for VRS. The union cabinet recently decided to merge BSNL and MTNL to form a single entity....
Amazon CEO and founder Jeff Bezos is no longer the richest man on the planet. In the third quarter (Q3) performance result of Amazon, the firm showed lackluster results. This saw Bezos losing $ 7 billion in stock value. Amazon founder Jeff Bezos loses world's richest title to Bill Gates https://t.co/WCxQAifoiI pic.twitter.com/o8CTKoQs62 — NDTV (@ndtv)...
