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Amazon appoints former PepsiCo CEO Indra Nooyi to its board

E-commerce giant Amazon announced that it has appointed former PepsiCo Chief Executive Officer (CEO), Indra Nooyi, to its board of directors. Nooyi is one of the five...

Facebook appoints Ajit Mohan as India head

Facebook Inc. announced on Monday that Ajit Mohan has been appointed as the new Managing Director (MD) and Vice-President (VP) of Facebook India. He...

Swiggy raises $210 million, catapults into unicorn club

Swiggy, the Bengaluru-based food delivery application raised funds equal to $210 million in a recent funding round led by Russian venture capitalist Yuri Milner’s...

Truecaller acquires Indian digital payment app Chillr

Truecaller, a free caller identification application has taken over Chillr, a domestic digital payment application, for an undisclosed amount. The announcement came in on...

With expansion, TCS partnership with M&G worth over $1.2 billion

Tata Consultancy Services (TCS), one of the top software companies in the country, announced an expansion of the current deal with M&G Prudential which...

India declared as the 6th wealthiest country in the world

India was declared as the 6th wealthiest country in the world based on a survey conducted by the AfrAsia Bank Global Wealth Migration Review...

India’s Economic Growth Forecast at 7.4% for FY 2018-19

The present and upcoming financial years are expected to witness a rapid increase in India’s economic growth, according to the IMF (International Monetary Fund)....

75 Boeing 737 MAX Jets to be Bought by Jet Airways

An agreement has been reached by Jet Airways Ltd. to purchase 75 Boeing 737 MAX jets. The overall worth of the deal is $8.8...

India ranked 126th in terms of GDP per capita: IMF data

In the recent report released by International Monetary Fund (IMF), India ranked 126th in terms of per capita gross domestic product (GDP), moving up...

India’s Economic Growth Forecast Revised: IMF Predicts 6.8% Growth in FY17

The International Monetary Fund (IMF) had earlier predicted that India’s economic growth could exceed 7% in FY17, but has now changed its stance owing...