Category: Business
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Ebix acquired Yatra for Rs 2,323.6 crore; to make India’s largest travel company
Ebix Inc has acquired Yatra Online Inc, for an enterprise value of $337.8 million (Rs 2,323.6 crore) in an all-stock deal. Ebix Inc is the US-based supplier of on-demand software along with e-commerce services to the insurance, healthcare, financial as well as e-learning industries. Yatra Online Inc, on the other hand is an Indian online…
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Vyapari for the Vyapari
For a small to medium scale company, GST compliance is one of the biggest issues. Keeping a track and procession of sales, inventory, accounting transactions is something where things get little complicated. Even a slightest error in the calculation affects the business. To bridge the gap, and help you manage your business processes and provide…
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IBM closes deal of $34 billion to buy Red Hat to boost cloud business
On Tuesday, IBM (International Business Machines) Corp said it has sealed its $34 billion world’s second-largest technology deal ever by acquisition of software company Red Hat Inc. IBM has now set up the iconic U.S. company on a path in order to try to contest with top software purveyors in the cloud. IBM closed its…
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Titan: Share Plunge 14% as High Gold Prices Hit Jewellery Demand
On Tuesday, Titan Ltd shares dived nearly 14% in early trade, after the company reported demand for jewellery was hit during the April-June quarter due to rising gold prices. It is the steepest fall in six years. The company released its quarterly update on Monday. During the event, Titan said, “Q1 growth in the jewellery…
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Amazon Prime Day Sale 2019: Start Date, Best Deals, Offers, Discount Coupons and More
Bargain hunters, prepare to mark your calendars and set your alarm clocks, Amazon Prime Day 2019 is just three weeks away. The e-commerce giant Amazon has announced the dates for this year’s Prime Day sale event. This will be the third Prime Day sale in India, whereas globally it’s the fifth. Amazon is promising a…
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Budget 2019: Petrol price hiked by Rs 2.45, diesel by Rs 2.36
As the Union Finance Minister Nirmala Sitharaman has increased excise duty and cess of fuel in Budget 2019, petrol prices have soared by Rs 2.5 per litre and diesel prices soared by Rs 2.3 per litre across all metro cities of India. While petrol is priced at Rs 72.96 in Delhi, up from Rs 70.51…
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Interim Union Budget 2019 India Date, Expectations, Analysis, Income Tax & Highlights
The officials aware of the first budget said that the first budget by the finance minister Nirmala Sitharaman’s will set the stage for reforms over the next five years that could see structural policy changes in areas such as land, labour, capital, and entrepreneurship to attract investment, offer incentives to boost consumption, and spend public…
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Symantec to be bought by Broadcom
As chipmaker Broadcom Inc seeks to diversify beyond semiconductors, it is in advanced talks to buy cybersecurity firm, Symantec Corp, according to sources familiar with the matter. A year after its $18.9 billion (15 billion pounds) deal to buy U.S. business software company CA Inc, this deal would expand the chipmaker’s push into software. It…
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Home Loan Interest Rate Comparison between NBFCs and Banks
Home Loan is a pathway to your dream home. It takes a lot of saving and financial planning to purchase a home for self-use. For, a decision to buy a property often entails in-depth market research followed by a detailed Home Loan Interest Rate comparison between the different lenders. If you too are planning to…
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Bitcoin Reaches 18-Month High; After Facebook’s Libra Announcement
It’s been more than 18 months since the Bitcoin was struggling. The investors were worried and we have seen the all-time low in the past few months since it was a huge hit. Everyone was saying that the cryptocurrency world is about to vanish but suddenly we have seen a movement. A lot of tension…
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Top 7 Team Management Tools in 2019
Have you eternally did any plan with the help of a team? If you do so, then I hope that you might have faced many difficulties while handling a team. Leading a team is not an easy task. As a team leader one should be aware of how to lead a team and what are…
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Why is Data Privacy Protection Challenging for Asia-Pacific Businesses?
The new EU GDPR rules were introduced in May 2018, aiming to tighten data protection for consumers in the EU. However, what many businesses didn’t realise is that the GDPR would affect those operating in non-EU countries too. Asia-Pacific businesses are finding it particularly difficult to comply and understand the new rules. Here, we’ll look…