January 23, 2021
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Home Business (page 15)

Business

Symantec Set To Purchase Blue Coat At 4.65 Billion USD

By FabNewz 2016
June 11, 2016
in :  Business, Business News
Symantec

Symantec, a technology based security company, is all set to purchase cyber security firm Blue Coat at a whopping cost of 4.65 billion USD. The respective acquisition tends to be one of the biggest deals of the current year and past decade. Along with it brings another investor in limelight Silver Lake, which is sorting out to double the investment …

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Tata & Uber Team Up For Strategic Partnerships

By FabNewz 2016
June 6, 2016
in :  Business
Tata & Uber Team Up

It’s time for every driver to become a micro-entrepreneur. Tata and Uber teamup for a new and thrilling project. You better can say this a “strategic partnership.” If a person purchases a TATA car, he does not have to produce formal documents except driving license to be a driving partner of Uber. With this initiative, Uber wants to grab maximum …

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Facebook Signs Up With Media Firms and Celebrities Worth 50 Millions USD

By FabNewz 2016
June 3, 2016
in :  Business, Business News
Facebook

In a recent event, world’s largest social networking website Facebook signed a deal worth $50 million with media companies and celebrities for Live Streaming services through videos. The entire deal comes as 140 firms including celebrity personalities. The media companies which have joined hands with Facebook are CNN and New York Times where as digital publisher include Huffington Post, Mashable, …

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Ethiopian Airlines Set To Expand Operations in India

By FabNewz 2016
May 25, 2016
in :  Business, Business News
Ethiopian Airlines

Ethiopian Airlines, exclusively owned by Ethiopian government is planning to expand its operations in India. The aviation industry of Africa is all set to add more of planes for passengers as well as private upgrade aircraft. The airline is currently in talking terms with Director General of Civil Aviation (DGCA) of India. The airlines have a travelling schedule of each …

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Baba Ramdev To Open Digital Healthcare Centre

By FabNewz 2016
May 24, 2016
in :  Business, Business News
Baba Ramdev

Baba Ramdev is planning to set his foot in Digital Healthcare sector by launching on-line medication platform named Chikitsalay. The idea took to stage when his FMCG products got accepted in premium basis in the country. The business lead by Patanjali for Ayurvedic medicines as well as consultation will be done by the Start Up launched recently. Yoga Guru hinted …

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RBI Brings Up Policies Regarding Customer Rights

By FabNewz 2016
May 17, 2016
in :  Business, Business News
RBI

Reserve Bank of India has taken an initiative regarding series of principles in context of Charter of Customer Rights. The norms will help in protecting the Bank customers by implying 5 basic principles. These are: 1) Right To Fair Treatment ; 2) Right To Transparent, Fair & Honest Dealing ; 3) Right To Suitability ; 4) Right To Privacy ; …

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Lucknow Based Start Up EduAce Raises Fund of $1.1 millions

By FabNewz 2016
May 13, 2016
in :  Business, StartUps
funds

An education sector based start up, EduAce Services has raised fund of $1 million with the help of Foxconn-backed MoMagic. A mobile internet based company which provides app ecosystem used in all leading smart phone platforms. EduAce was established in 2012 by Gaurav Yadav with its headquarters in Lucknow, U.P. Unlike its many competitors, it focuses on quizzing pattern where …

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Investments In Machines Not Beneficial For Coal India Trade Union

By FabNewz 2016
May 11, 2016
in :  Business, Business News
Coal India

Coal India Limited has been shortly thinking of investing huge amount in machinery which will directly upgrade the production to one million tonne for the next five years. The introduction of highly technology based machines will hamper the labour trade some way or the other. Showing its concern towards the matter one of the trade union personnel stated that it …

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India Could Lose $1.2 Billions as Govt Puts Ban On Diesel Taxi

By FabNewz 2016
May 10, 2016
in :  Business, Business News
Diesel Taxi

Recently, government in Delhi and National Capital Region urged that central government should not ban Taxis which run on diesel. They continued as if diesel taxi is barred from commuting then BPO sector will move towards other countries. It will eventually face a loss of approximately $1.2 billions. According to Solicitor General, Ranjith Kumar, The ban would affect the business …

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Sequoia India To Invest $7.5 millions In A Cloud Production Company

By FabNewz 2016
April 22, 2016
in :  Business
Sequoia

Sequoia India has invested approximately $7.5 millions in a cloud video production platform named 90 seconds. The company is mainly subjected to create videos for various brands in which one can purchase, plan, shoot, edit and review from anywhere in the world. The firm also allows other company’s to view their videos on daily basis with an even procedure. The …

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Jugnoo Raises Fund of $10 millions From Paytm, Snow Leopard, Rocketship.vc

By FabNewz 2016
April 22, 2016
in :  Business, StartUps
Jugnoo

An autorickshaw hailing firm, Jugnoo has able to raise fund of nearly $10 million from renowned companies like Paytm, Snow Leopard and Rocketship.vc. The venture capitalists funded the start-up company just because of the rising demand of autorikshaw within city. The company is determined to provide hyper local services to its customers dealing with groceries, FMCG, edibles, and many more. …

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Google India is The Best Employer of the Year

By FabNewz 2016
April 20, 2016
in :  Business, Business News
Google India

After a thorough in depth research by Human Resource Company Ranstad Google becomes the most attractive employer of the year in a row of two years (2015 and 2016). Google India has been the crowned leader of the “attractive employer of the year” by the Randstad for the second consecutive years. Google India has got the award on overall where sector …

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BRICS To Invest $250 Millions In Renewable Energy of India

By FabNewz 2016
April 16, 2016
in :  Business
BRICS

BRICS consists of countries such as Brazil, Russia, India, China and South Africa has compiled a relatively profitable decision in recent meetings where more than $250 millions would be invested for renewable sources of energy, specifically Solar energy. The deal was finalised in the multilateral development financing institution head-quartered in Shanghai. According to senior most designated officials and sources, the …

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Trouble Mounts Over Liquor Baron Vijay Mallya Again

By FabNewz 2016
April 16, 2016
in :  Business
Vijay Mallya

The curious case of King of Liquor Vijay Mallya has been rounding up from past few months. The buzz of media houses, news agency and most importantly Bank officials who are trying hard to chase him down. The latest being is that Minister of External Affairs (MEA) has passed orders of deportation of Vijay Mallya and that his passport ought …

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BNSL Launched 20 GB 3G Pack at Rs. 50

By FabNewz 2016
April 16, 2016
in :  Business, Business News
BNSL

BSNL has come up with something more interesting for youth of India. It has been a few years Indian youth generation turned back from BSNL for its network and higher call rate issue. But breaking the path of tradition BSNL has launched a new scheme where you can get 20 GB 3G data which can be shared by up to …

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Panama Papers: Indians Licensed Under RBI Norms Not To Face Any Action

By FabNewz 2016
April 13, 2016
in :  Business
Panama Papers

In recent events, a huge wave covered the who’s who under its terms.One of the leading corporate service providers Mossack Fonseca from Panama (better known as Panama Papers) revealed that most of famous personalities from various industries hid their financial assets from the public. These included personalities from all over the world and India as well. The speculations were in …

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Country In Need Of $1 Trillion Investment For Energy Sector

By FabNewz 2016
April 13, 2016
in :  Business, Business News
Energy Sector

In an recent event, Union Minister of Coal, Power, New and Renewable Energy, Piyush Goyal attended a conference where he said that the Country is in need of approximately $1 trillion of investment in sector like this. It will eventually help the public come out of poverty being an unparalleled anywhere in the world deal with the United Nation’s. India …

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Acharya Balakrishna Owns 94% of Patanjali Ayurved

By FabNewz 2016
April 9, 2016
in :  Business, Entrepreneurship
Acharya Balakrishna

A man in his early 40’s donning traditional Indian attire daily working diligently and confidently in full swing. That’s Acharya Balakrishna for you, who owns 94% shares of Patanjali Ayurved. The man of Morales, who took the company to 5,000 crore conglomerate being first fully aspired country based manufacturer. His working style differs from that of his contemporaries, and at …

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