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Indra Nooyi becomes Yale’s biggest alumni donor
Washington, Jan 13: Indra Nooyi, the Indian-born PepsiCo Chairperson & CEO, has become the Yale School of Management's biggest alumni donor with a 'landmark gift' to endow the deanship at her alma mater.
Chennai-born Nooyi, 60, who…
Celebrate Facebook’s Anniversary as Friendship Day: Mark Zuckerberg
New York, Jan 13: Facebook's chief executive Mark Zuckerberg has urged nearly 1.5 billion users on the platform to celebrate the social networking giant's 12th anniversary as friendship day.
Facebook turns 12 on February, 4.
Zuckerberg…
CarTrade raises Rs.950 Crore
Mumbai, Jan 13: Online auto classifieds platform CarTrade on Wednesday announced raising Rs.950 crore from Temasek, March Capital and existing investor Warburg Pincus.
"We are extremely happy to have Temasek and March Capital on board as…
India’s Retail Inflation inches up to 5.61 percent
New Delhi, Jan 12: As prices of pulses continued to pinch consumers, India's annual retail inflation moved up further to 5.61 percent in December from 5.41 percent during the month before, official data released on Tuesday showed.…
India’s Factory output dips after signs of recovery
New Delhi, Jan 12: After an impressive 9.87 percent growth in October that triggered hopes of a recovery, India's factory output declined by 3.19 percent in the following month into the negative territory, due to a (-)4.4 percent drop in…
Indian basket of crude oils dives to 12-year low
New Delhi, Jan 12: As global oil prices continue their plunge into the new year, the Indian basket of crude oils closed trade on Monday at a 12-year low of $28.73 a barrel, according to official data released here on Tuesday. The Indian…
Jharkhand spends Rs.1.25 crore on Helipads not used
Ranchi, Jan 12: Lack of coordination between the Jharkhand government and Rashtrapati Bhavan resulted in a loss of Rs.1.25 crore to the state as three temporary helipads constructed ahead of President Pranab Mukherjee's visit were not even…
iBus Networks & Infrastructure raises Rs.15 crore funding
Bengaluru, Jan 12: Connectivity solutions startup iBus Networks & Infrastructure Pvt Ltd. on Tuesday announced raising Series A growth capital of Rs.15 crore from Vallabh Bhanshali of Enam, N Squared Management and the family office of…
Chinese mobile-makers keen on Make in India initiative
New Delhi, Jan 12: In an endeavour to gain from the Indian government's Make in India initiative, over 100 Chinese handset- and component-manufacturers have come here to assess the Indian market for future investment, Wu, founder and CEO of…
Jet Airways offers special fares on Amsterdam flights
Mumbai, Jan 12: Airline major Jet Airways on Tuesday announced special inaugural fares for flights between India and Amsterdam, the air passenger carrier's new European gateway.
According to the airline, it will commence the maiden…