Cab aggregator Ola has partnered Google for its ‘outstation’ category to enable commuters to find and book inter-city rides facilitated by Google maps. “Commuters travelling between cities will now be able to discover Ola Outstation, a smart mobility solution for inter- city travel on Google maps for mobile, thereby, directing customers to the Ola app to conveniently complete the booking,” […]
» Read moreWith the fate of merger proposal with Max Life hanging in balance as the insurance regulator is yet to approve the deal, HDFC Life has decided to revive its plan for tapping the capital market as its board approved the initial public offering (IPO) proposal on Monday. The insurer will now seek insurance regulator Insurance Regulatory and Development Authority’s (IRDAI) […]
» Read moreState Bank of India (SBI) has revised service charges on ATM withdrawals for users of its mobile app “SBI Mobile Buddy”, as well as for various other cash and online transactions, effective from June 1. The country’s largest lender will start charging customers Rs 25 per transaction for withdrawing money from an ATM through its mobile wallet app from Thursday. […]
» Read moreAfter months of delay, Paytm is now all set to commence its payments bank operations from May 23, having received the final approval from the Reserve Bank of India (RBI). “…Paytm Payments Bank Ltd (PPBL) has received the final licence from the RBI and would commence its operations on May 23, 2017,” it said in a public notice. The company […]
» Read moreOnline classifieds player Quikr has acquired on-demand services player Zimmber, to further scale its hyperlocal household services business. Quikr did not disclose the financial terms of the deal but the acquisition has been made at over $10 million in a largely stock-based deal with a 10% cash component, said a person aware of the development. Zimmber is Quikr’s fourth acquisition […]
» Read moreFlipkart-owned online fashion retailer Myntra on Wednesday announced that it has acquired InLogg, a city-based technology platform that provides end-to-end logistics solutions for the e-commerce sector, with an aim to strengthen its supply chain and logistics capabilities. The company has not shared the financial aspects of the acquisition. As part of the acquisition, the team at InLogg has been inducted […]
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