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Abhay Gupta

Showing 1 - 15 News out of 143

Increasing crude oil prices to make ACs, fridge & microwave costlier soon

The industry had benchmarked the rupee at Rs 66 against the dollar in its existing pricing strategy, but it’s currently hovering over Rs 67, having depreciated by 7%

May 30, 2018  |  comments ( 0 )  | 

MakeMyTrip Likely To Acquire Stakes In Oyo, to delist rivals Treebo, Fabhotels

MakeMyTrip’s decision to bet on OYO Rooms is the latest in a series of moves aimed at cementing its partnership with the SoftBank-backed company.

April 07, 2018  |  comments ( 0 )  | 

German Tom Tailor plans to open 55 stores, eyes Rs 500cr revenue

Tom Tailor is present in 35 countries with over 1,400 company stores and more than 11,600 other points of sale, generating revenue of 968.5 million Euros.

March 26, 2018  |  comments ( 0 )  | 

Kent RO Wants 10% Growth For 2018 Fiscal

The company also aims to double its exports in next two years by adding more geographical markets, which in turn would contribute around 10 per cent of its total revenue.

March 14, 2018  |  comments ( 0 )  | 

Rs 5,000 Cr Loan Defaults Drags Reid & Taylor, S Kumars To Court

The insolvency proceedings were initiated by IDBI Bank against S. Kumars Nationwide, while Edelweiss Asset Reconstruction Company has dragged Reid & Taylor (India) to

March 09, 2018  |  comments ( 0 )  | 

LazyPay Adds Consumer Durables In Its 'Pay Later' Offer

LazyPay has already seen huge transaction traffic from food delivery, ticket booking and bill payments for its buy now and pay later services.

March 08, 2018  |  comments ( 0 )  | 

B2B e-commerce startup Udaan raises $50 million from Lightspeed, Yuri Milner

The company which has been started by three former top Flipkart employees, Udaan has picked up the huge cheque from Lightspeed Venture Partners and Russian billionaire

February 21, 2018  |  comments ( 0 )  | 

Goomo Acquires B2B Car Rental Marketplace WagonBee

WagonBee Technologies Pvt. Ltd was established by former NIT Trichy graduates Vikash Singh and Navneet Misra in 2016.

January 23, 2018  |  comments ( 0 )  | 

Havells India Net Profit Rises In Q3

Total income during the quarter under review stood at Rs 1993.53 crore as compared to Rs 1650.68 crore for the previous year.

January 23, 2018  |  comments ( 0 )  | 

Phonepe Launches App-In-App Platform With redBus

This partnership is part of PhonePe's vision of being an open payments ecosystem.

January 18, 2018  |  comments ( 0 )  | 

InMobi Buys US Based AerServ For $90mn

Amidst declining revenues InMobi hopes the acquisition will enhance monetisation for publishers globally and enhance premium mobile programmatic platform InMobi Exchange

January 11, 2018  |  comments ( 0 )  | 

Naspers-Backed Payments Major PayU Money Wallet To Shut Down

The development comes at a time when the domestic payments landscape is going through many changes and stand-alone mobile wallet players are finding it difficult to keep

January 05, 2018  |  comments ( 0 )  | 

Online Auto Service Startup GarageonRoad Bags Seed Funding

Run by Tescont Maintenance Pvt. Ltd, Ranjan founded GarageOnRoad in 2016 as a mobile app to provide roadside assistance to users without any subscription charges

December 27, 2017  |  comments ( 0 )  | 

IFC To Invest $10mn In Online Insurance Broker Coverfox

Company will use its network of insurance agents to distribute insurance policies through an app called Coverdrive to point-of-sales people, who currently lack

December 20, 2017  |  comments ( 0 )  | 

Consumer Goods Company Marico Plans Only Online Brand

Marico, which sells hair oil brands like Parachute and Nihar has created a new team internally called the Engine 2 that will enable it to create and incubate new

December 14, 2017  |  comments ( 0 )  |