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RAKESH AND RASHMI VERMA
Bihar polls: Suraaj, late Bollywood actor Sushant Rajput's cousin add twist to battle for seats in & around PatnaBJP faces discontent from the Kayastha community in Patna's Digha and Kumhrar constituencies. The party replaced two Kayastha MLAs with can...
MapmyIndia shares plunge 14% in 2 days, hit 52 week low. Here's whyMapmyIndia share price: C.E. Info Systems (MapmyIndia) shares plunged 14% after CEO Rohan Verma announced plans to start a new B2C company ...
MapMyIndia to spin off B2C unit; CEO Rohan Verma to head new ventureMapMyIndia plans to separate its B2C division into a new entity, led by current CEO Rohan Verma. The new venture, in which MapMyIndia will ...
Apple's India map provider surges 104% in over 6 months as it rivals Google’s productShares of MapmyIndia, formally known as CE Info Systems Ltd., have risen about 104% from the end of March, adding around $675 million in ma...
Dish TV shareholders reject appointment of 4 candidates as independent directorsThe board now has only Shankar Aggarwal and Rashmi Aggarwal as independent directors against a minimum requirement of 6 on the board prescr...
MapmyIndia founders strike gold on stellar debut, now worth $586 mnThe Vermas’ startup met with resounding success during its trading debut after its initial public offering. The stock rose around 35 per ce...
IPO-bound India firm powering Apple Maps eyes overseas expansionMapmyIndia raised 3.12 billion rupees ($41.3 million) from anchor investors including Fidelity, Goldman Sachs Group Inc. and Morgan Stanley...
Ahead of IPO, MapmyIndia garners Rs 312 cr from anchor investorsThe company has allotted 30.19 lakh equity shares to 24 anchor investors at Rs 1,033 apiece, taking the transaction size to Rs 312 crore, a...
Qualcomm Ventures to exit MapMyIndia with blockbuster returnsQualcomm Ventures invested $5 million in the company about 13 years ago, at an average share price of about Rs 52.20 per share, according t...
Goldman, Morgan Stanley bid to buy into mapmaker MapmyIndia’s IPOMapmyIndia, officially C.E. Info Systems Ltd., said Monday it’s raising as much as Rs 1,040 crore ($138 million) by selling shares at Rs 1,...
MapmyIndia looks to raise Rs 1,200-1,300 crore via IPOFlipkart, which is one of the investors in MapmyIndia, and promoters will sell part of their stake in the IPO that will also include an iss...
Innovation on the tap: Meet the winners in 9 categories of Govt’s mobile app challengeIT minister Ravi Shankar Prasad has also launched a series of other grand contests in categories such as video conferencing and semiconduct...
As MapmyIndia enters Google territory, can it beat the Goliath of internet?As homegrown mapping company MapmyIndia moves from automobile navigation to connected devices like phones, it steps on the territory of int...
Central government departments get new secretaries, Sanjay Mitra gets DefenceMitra, currently secretary in the road transport and highways ministry, will get a fixed two-year term and will replace G Mohan Kumar who r...
P K Singh CEO of Durgapur Steel Plant to be new chairman of SAILAn alumnus of IIT, Roorkee in Metallurgical Engineering, Singh started his career in SAIL at its Bokaro Steel Plant in 1980.
Flipkart picking up 34% stake in digital mapping firm MapmyIndia in Rs 1,600 crore dealMapmyIndia had a topline of Rs 70 crore during last fiscal year, which it expected to double in current financial year and profits increasi...
Flipkart picks up strategic minority stake in digital mapping company MapmyIndiaDetails of transaction were not disclosed, except that MapmyIndia’s early investors Nexus Venture Partners & Lightbox Ventures will exit th...
Ola invests in mapping data from MapmyIndia to build geolocation based innovationsThe Bengaluru based company also plans to build smarter routing algorithms that will result in improved efficiency for driver-partners.
Flipkart in talks to acquire stake in MapmyIndiaThe sources said that Flipkart could shell out around $60 million or Rs 400 crore for a majority stake in the New Delhi-based company.
PK Singh shortlisted as SAIL's new chairmanThe final appointment will, however, be subject to approval from the Appointments Committee of the Cabinet (ACC).