Flipkart Acquires eBay India to Take On Global Gaints Amazon Inc

Flipkart has announced the acquisition of eBay India unit in an all-cash deal and decided to keep it as a separate entity as part of its game plan to compete with its Indian ecommerce arch-rival Amazon. Flipkart’s eBay acquisition will give access to C2C ecommerce market globally. The deal comes as a part of Flipkart’s …

Post Merger of CSC, HPE Services – DXC Technology is Now Set to Operate its Business in India

DXC Technology, a new organization created by the merger of CSC with the Enterprise Services business of Hewlett Packard Enterprise (HPE), has publicly debuted as the world’s leading independent, end-to-end IT services company. The new company has began trading on the New York Stock Exchange under the trading symbol “DXC.” With 1/3rd of its workforce …

IIT Stuart B School Launches Online MBA Program in India

Highly motivated working professionals in India will soon be able to earn a Global MBA from a US university, without quitting their jobs. Illinois Institute of Technology’s Stuart School of Business in Chicago, Illinois, USA is launching a Global MBA program in ‘Business Innovation’ for working professionals. Keeping in mind the convenience of Indian students, …

Dubai Chamber to Open First India Office in Mumbai During 2017

The Dubai Chamber of Commerce and Industry plans to open its first Indian office in Mumbai later this year. Senior officials from Dubai Chamber led by Chairman Majid Saif Al Ghurair and UAE Ambassador Ahmed Al Banna met Chief Minister of Maharashtra Devendra Fadnavis to discuss on approaches to strengthen business and partnerships between Dubai …

LifeCell Drives on Community Stem Cell Banking for Growth in India

LifeCell International – India’s leading stem cell provider, a pioneer in stem cell research– announced the launch of Baby Cord Share, Community Stem Cell banking to address the need for creating a large inventory of stem cells in the country. BabyCord Share brings together the unique benefits of private and public banks, while effectively addressing the challenges …

Mobileye – Driverless Car Technology Firm Now Part of Intel Inc

US chipmaker Intel is taking a big bet on driverless cars with a $15.3bn takeover of specialist Mobileye. Intel will pay $63.54 a share in cash for the Israeli company, which develops “autonomous driving” systems. Mobileye and Intel are already working together, along with German carmaker BMW, to put 40 test vehicles on the road …

Indian Employers Expect Hiring to Remain Steady in April-June but Projects at Considerably Slower Pace

According to the ManpowerGroup Employment Outlook Survey released today by ManpowerGroup, the survey of 4,389 employers across India indicates that the hiring activity is expected to remain steady. In fact, employers in only three other countries report more optimistic second-quarter hiring plans than those in India. However, India’s Net Employment Outlook has now dipped by varying margins for five …

IKEA Redefines Equality with its New Parental Policy in India

IKEA has announced a unique parental leave and HR policy in India under which the co-workers, including the men, will be able to avail six months leave on a child’s birth alongside other benefits. The co-workers will be able to avail the leaves with full salary they are entitled to. The policy has been announced on …

Fishchain Leverages on Ecommerce Tech to Expand Presence in India

  Fish Chain, Bangalore-based startup and a for-profit, social venture has launched Fishchaincat and Chatbot aimed to make seafood available in Bengaluru and expand in a phased manner across India. After having done its pilot operations over a year ago in Coimbatore, the company has now rolled out operations in the city with new technology …

239 Students from 19 Design Institutes Participate in India Aerospace Design Challenge 2017

Honeywell has announced the winners of the fourth edition of India Aerospace Design Challenge, the annual competition sponsored by Honeywell to attract and develop talent in India for its growing Aerospace industry. The company announced the winners on India’s National Science Day, celebrated each year to mark the discovery of the Raman effect by Indian physicist …