User: IIHSDELHI Topic: startups
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2 new since Apr 25 2019 02:21 IST RSS 2.0
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School computer labs to come under scanner 25.4.2019 The Navhind Times
NT NETWORK Panaji The department of education will undertake review of computer laboratories in the local high schools as well as higher secondary schools during the forthcoming academic year, with a view to strengthen these labs by finding out if new computers and related software are required as per the transformed technology. During the year ...
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Fortify IPB with adequate manpower: GCCI 25.4.2019 The Navhind Times
NT NETWORK Panaji Concerned over the inadequate manpower at the Investment Promotion Board, the Goa Chamber of Commerce and Industry has sought additional staff for the board so that it functions effectively. GCCI president Sandip Bhandare said on Wednesday that the IPB, which is being entrusted with more responsibilities, needs to be strengthened by hiring ...
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'Like Sadhvi Pragya, set Yasin Malik free,' says Mehbooba Mufti 24.4.2019 The Asian Age | Home
Mehbooba also lodged a note of protest against a slew of measures brought about in the valley recently.
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Delhi court sends Yasin Malik to judicial custody till May 24 in terror funding case 24.4.2019 The Asian Age | Home
He was brought to the national capital after a court in Kashmir granted his transit remand to the National Investigation Agency.
China wins Belt and Road fans but criticism persists 24.4.2019 PTI: All news
China wins Belt and Road fans but criticism persists
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Syed Ali Shah Geelani's son grilled over terror funding 24.4.2019 The Asian Age | Home
Nayeem Geelani, who had been evading questioning by the NIA for long, appeared on Monday and a detailed questioning took place on Tuesday.
Balanced Approach To Foreign Currency Debt 24.4.2019 Commentary – The Navhind Times
TAPONEEL MUKHERJEE Recent news about an increase in Indian corporates and state entities issuing dollar bonds is welcome news, especially since it clearly shows investor appetite for lending to credible Indian business models. However, relatively easy liquidity and high investor appetite for lending in the international markets must be tempered by the fact that borrowing ...
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China's Bytedance says India TikTok ban causing USD 5,00,000 daily loss, risks jobs 23.4.2019 The Asian Age | Home
Banning has had adverse impact on the user base of this app, losing close to 1 million new users per day.
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Investors demand write-offs as Jet owes over `11,000 cr outstanding debt 23.4.2019 Business – The Navhind Times
IANS Mumbai Prospective investors in the temporarily grounded Jet Airways have asked lenders to take a massive haircut or write-off around 80 per cent outstanding debt of the airline which is more than Rs 11,000 crore, document and sources revealed on Monday. According to industry insiders, nine India based banks and two international lenders are ...
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Jet Airways employees hold protest at Town Hall in Bengaluru 22.4.2019 The Asian Age | Home
Jet Airways employees on Monday held a protest here at Town Hall, appealing the Central government to save the private airline.
Average airfares stay 10-15% high, more on non-metro routes 22.4.2019 The Assam Tribune
Average airfares stay 10-15% high, more on non-metro routes
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Hatkanangale: Shetti relies on crowd-funding for LS campaign 22.4.2019 PTI: All news
Hatkanangale: Shetti relies on crowd-funding for LS campaign
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Goa’s first 3-D printing hub at CIBA 22.4.2019 B & C – The Navhind Times
A state of the art, 3-D printing facility opened at CIBA, Verna, recently. The facility is in collaboration with Infinyt3D. It has 16 printers under one roof representing brands like 3D Systems, Divbyz Technologies, Stratasys, Flashforge, Creality, WOL-3D. More 3-D brands are in the pipeline, said CIBA officials. “We plan to be Goa’s largest 3D ...
Amazon to focus more on Indian market 22.4.2019 B & C – The Navhind Times
In a rare retreat for, the e-commerce giant plans to shut down its Chinese marketplace business in July 2019 as it shifts its focus to offering mainland consumers overseas products rather than goods from local sellers. Amazon will keep running its other businesses in China, including Amazon Web Services, Kindle e-books, and cross-border operations ...
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Ola in talks with luxury carmakers Audi, Merc for self-drive services: Sources 21.4.2019
New Delhi: Ride-hailing platform Ola is in discussions with luxury carmakers, including Audi, Mercedes and BMW, to launch a subscription-based service under its self-drive offering, according to sources. Ola has been running a small-scale pilot of the self-drive service in Bengaluru currently, and is expected to launch the offering in the next few weeks through Ola Fleet Technologies. The company is also believed to have earmarked an investment of up to USD 500 million (including debt) for the self-drive service. According to sources privy to the development, the company is in talks with carmakers like Audi, Mercedes and BMW to bring to India a model where users can get access to luxury cars by paying a subscription fee. Email queries sent to Ola, Audi, Mercedes and BMW did not elicit any response. One of the persons said the format is available in developed markets like the US, but given the high cost of luxury vehicles in India, a direct-to-customer model may not be not feasible in the country. The ...
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Jet Airways employees seek Prez's intervention for salary dues, emergency funds to airline 21.4.2019 PTI: All news
Jet Airways employees seek Prez's intervention for salary dues, emergency funds to airline
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Jailed Yasin Malik seriously ill, shifted to hospital: Family 21.4.2019 The Asian Age | Home
As soon as the news about Malik's illness spread, traders in Srinagar's Maisuma area and its neighbourhood downed their shutters as mark of protest.
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Jet Airways employees seek President's intervention for salary dues, emergency funds 20.4.2019 The Asian Age | Home
Domestic lenders have invited bids for selling stake in Jet Airways.
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Modi promises collateral-free loan, insurance, pension as he woos traders 20.4.2019 The Asian Age | Home
PM Modi promised collateral-free loan of up to Rs 50 lakh, Rs 10-lakh accidental insurance to GST-registered entitie.
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Pine Labs completes Qwikcilver acquisition 20.4.2019

New Delhi: Pine Labs, the leading merchant platform company in India, has confirmed that that company has completed the acquisition of India’s leading gift solution company, Qwikcilver. 

On March 19, 2019, the company had announced the signing of a definitive agreement to acquire Qwikcilver for USD 110 million, funded via internal cash reserves and with additional funding from existing investors.

With the completion of this acquisition, Qwikcilver and Pine Labs now have a combined gift solutions business comprising 250 brands and retailers and 1500 enterprise customers – the largest such business in India. 

Kumar Sudarsan, co-founder and CEO, Qwikcilver has joined the Pine Labs leadership team.

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