Shaktikanta Das appointed Economic Affairs Secretary; Hasmukh Adhia is new Revenue SecretarySenior IAS officer Shaktikanta Das was today appointed as the new Economic Affairs Secretary, while Hasmukh Adhia will replace him as Reven...
29 Aug, 2015, 04.09 AM IST
Ola becomes third-most valuable venture-backed company after raising Rs 2,500 croreThe $2.4 billion taxi aggregator will utilise funds to expand to 200 cities by year-end, ramp up its technology base and grow TaxiForSure b...
17 Apr, 2015, 01.15 AM IST
Uber to appoint India CEO soon, will have multi-seater leadershipUber, which is valued at over Rs 2.4 lakh cr, has grown swiftly in India since its launch in Bengaluru in 2013 — it is now present in 12 ci...
15 Apr, 2015, 04.00 AM IST
Urban Ladder raises Rs 310 crore in new round of funding led by Sequoia CapitalThe company, which is valued at about $150 million, will be investing the cash in expanding its product line, city reach, technology and da...
10 Apr, 2015, 02.49 PM IST
Uber signs strategic deal with Times Internet for India expansionIn response to questions from ET, TIL described the alliance as a "strategic investment and cooperation partnership to support Uber’s expan...
23 Mar, 2015, 12.50 PM IST
Flipkart identifies 3 new high-margin revenue streams - online advertising, brand consulting, furnitureFlipkart will soon offer online advertising and brand consulting for vendors using its electronic marketplace, its diversification into fee...
05 Mar, 2015, 09.42 AM IST
Ola buys TaxiForSure for Rs 1,237 crore in a cash-and-stock dealIndia’s largest taxi aggregator Ola has bought smaller rival TaxiForSure for Rs 1,237 crore ($200 million) in a cash-and-stock deal.
03 Mar, 2015, 05.11 AM IST
Snapdeal's expected loss to increase five fold, pegged to be Rs 1500 croreSources privy to the financials of Snapdeal told ET that it is spending more than $20 million every month in an aggressive strategy to disc...
19 Feb, 2015, 07.02 AM IST
Online furniture store Urban Ladder may raise Rs 310 crore, in talks with Sequoia CapitalSequoia has committed to lead the fund-raising round, one of them said, and more investors could be brought in before the deal is closed.
16 Feb, 2015, 03.52 AM IST
Softbank-backed companies Housing.com and Snapdeal bet big on selling properties onlineSnapdeal, too, has aggressive plans to sell new projects on its website. The marketplace was the first to sell Tata Value Home projects onl...
09 Feb, 2015, 04.40 PM IST
Olacabs to buy TaxiForSure to take on competitors like Uber; deal likely at Rs 1,250 croreAccording to three people directly involved in the negotiations, Olacabs, backed by Japan's SoftBank, will pay cash and offer stock.
29 Jan, 2015, 10.57 AM IST
Google Capital backs online real estate portal CommonFloorThe investment in CommonFloor marks Google Capital’s third investment in Asia; it earlier funded Chennai-based enterprise software maker Fr...
12 Jan, 2015, 03.29 PM IST
Real estate portal Housing.com ties up with Tata Value Homes to sell affordable apartmentsAccording to a study conducted by Google, conducted by Google, 72% of customers research online before booking a house.
25 Nov, 2014, 11.28 AM IST
Startup Housing.com valued at Rs 1,500 crore after SoftBank acquires 30% stake for $70 millionHousing.com, launched 2 years ago, has been valued at about Rs 1,500 crore with Soft-Bank acquiring a 30% stake for its investment of $70 m...
19 Nov, 2014, 10.41 AM IST
Indian taxi companies like Meru Cabs, Ola, TaxiForSure take on Uber by imitating its payment processesMeru Cabs, Easy Cabs and Mega Cabs, plans to set up collection offices abroad to avail the advantage of single-level authentication.
25 Aug, 2014, 05.44 PM IST
Uber gears up to drive into four more citiesIndian taxi service providers are taking the fight to Uber by banking on their first-mover advantage and the large fleet to create a barrie...
19 Aug, 2014, 06.00 AM IST
Indian radio cab operators Meru Cab, Easy Cabs allege FEMA violation by Uber; say flouting RBI norm on credit card transactionsIndian radio taxi providers alleged that the San Francisco startup Uber stores passenger creditcard details on its system.
09 Aug, 2014, 04.01 AM IST