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UBS initiates coverage on CarTrade Tech with Buy rating, sees 42% upside. 4 reasons whyUBS has initiated coverage on CarTrade Tech with a Buy rating and a target price of Rs 4,000, implying a 42% upside from current levels. Th...- CarDekho joins IPO queue; Tech’s quiet job cutsHappy Thursday! CarDekho is finally hitting the accelerator on its long-planned IPO. This and more in today’s ETtech Morning Dispatch.
- Mobility platforms and the new architecture of Indian citiesIndian cities are transforming. Mobility platforms are now essential urban infrastructure, connecting people and goods seamlessly. These pl...
- India's FDI plan for ecommerce; Tata charges up iPhone bizIndia is planning to allow FDI in inventory-based ecommerce exclusively for exports. This and more in today's ETtech Top 5.
- OLX to slash workforce by 15%, fire at least 1,500 employeesThe company, owned by Prosus, started its business in India in 2009 and operates OLX and OLX Autos. Prosus is controlled by South Africa-ba...
- Bosch acquires 26 pc stake in B2B e-commerce firm Autozilla SolutionsThe acquisition of a minority stake, which allows Bosch to participate in a digital B2B-marketplace for the independent aftermarket (IAM) i...
- Building an efficient, low-cost retail export channel can bolster MSMEs: eBay IndiaWith the ongoing transformational changes in the consumer buying behaviors, the opportunity for e-commerce global trade has grown manifold.
- OLX People elevates Olive Sen as the head of product and marketingSen will lead the product, marketing & analytics teams for OLX People and Waah Jobs, the blue-collar jobs marketplace in India.
- Matsui Tech sets up joint venture with Frigel for cooling solutionsThe joint venture is named Frigel Intelligent Cooling Systems India and will enable both partners to significantly enhance the quality of t...
- Times Internet and GirnarSoft to offer marketers access to 27 million in-market vehicle buyers"Our partnership with GirnarSoft will allow marketers to ensure that a prospective car buyer is equipped with the right information to enab...
- Automobile parts and services marketplace SparesHub raises Rs 2 croreFounded in 2013 by Tapas Gupta and Arijit Chakraborty, SparesHub presently has over 170 registered workshops on its platform.
- An IPO is now cooking at ShopClues' strife-hit homeShopClues is likely to list on Nasdaq in first quarter of fiscal 2018-19.
- How Valentine's Day sales became a silver lining for major e-commerce companies like Flipkart, SnapdealThe run-up to Valentine's Day has witnessed a steep spike in the demand for same-day or even next-day deliveries for major e-commerce compa...
- Ratan Tata invests undisclosed amount in services marketplace UrbanClapTata Sons Chairman Emeritus Ratan Tata has invested an undisclosed amount in his personal capacity in service marketplace UrbanClap.
- Automobile-focused marketplace Droom joins JetSetGo for fun sky ridesDroom will also introduce charter and fun rides on planes, a service it hopes to eventually extend to cars and motorcycles.
- Travel search firm ixigo acquires Square Hoot HikesTravel search firm ixigo has acquired Square Hoot Hikes, the company that owns the Gurgaon-based intercity cabs aggregator Rutogo, for an u...
- Yuri Milner to invest $2 million in used-cars marketplace ZoomoMilner has backed several other top Indian internet firms including Flipkart, Ola, Housing, Swiggy, Grofers and Practo in his personal capa...
- Inspired by Alibaba and its Indian clones, Tata Group to get into e-commerce spaceThe initiative will be led by Tata Industries Ltd, a fully owned subsidiary of Tata Sons, and not by its existing retail units.
- See Maruti, Tata Motors, Bajaj Auto outperforming market: KR Choksey Securities"Many of the cyclical stocks are available at a comparatively cheaper valuation," Choksey said.
- HDFC sole Indian firm among world's most ethical companiesIndia's HDFC is the only company which has managed to find a place in the world's most ethical companies' list this year.
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