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  • Hostel Room Or A Nightclub ? This IIT Bombay Student Sets A New Benchmark

    Though most students staying in hostels are least bothered about tidying up their rooms, here is an exception – Shashank Khanna of IIT Bombay, 2010 batch, decorated his Powai Lake facing room to resemble a nightclub. He jazzed it up with lit-up photo frames, a minibar, a couch with cushions and mounted speakers for some […] More

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  • Tata Group joins hands with IIT Madras, Yale, Harvard to aid research

    Tata Sons and Tata companies have tied up with academic institutions like Yale University, Harvard University and IIT Madras to fund research and development opportunities, as part of a global university collaboration program. More than $25 million will be provided as financial aid, spread over time, according to the duration of alliances with individual institutions. More

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  • HNIs Fund $3 Million In Lending Platform LoanTap

    With funding from HNIs like, Abhishek Pandey and Jaysukh Sapra, LoanTap raised $3 million in Series A round of funding. Mumbai-based LoanTap, a non-banking financial company that offers loans to salaried professionals without any EMIs, will use the fresh funds for lending, expansion to other cities, and to upgrade its technology platform. More

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  • 37 Mobile Manufacturing Companies Gave Jobs to 1.65 Million In a Year: IT Minister

    Inaugurating government-funded ‘Electropreneur Park’, IT Minister Ravi Shankar Prasad said that 37 mobile manufacturing units have started in India in the past one year, generating 40,000 direct jobs and indirect employment for 1.25 lakh Indians. Chinese and Indian companies Gionee, Xiaomi, Karbonn, Lava, Micromax and MTech have set up manufacturing plants in the country. More

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  • Planet Found Orbiting Proxima Centauri, Closest Star to Earth

    According to a paper published in the journal Nature, clear evidence of a planet orbiting the closest star to Earth, the dwarf star Proxima Centauri, has been found by astronomers. Called Proxima B, the rocky planet orbits its parent star every 11 days and has temperature that supports liquid water to exist on its surface. More

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  • 200 Employees, Including Senior Management, Quit Intex

    Intex Technologies (India) Ltd., the third largest smartphone vendor in India until now, not only lost considerable market share recently, but also saw the exit of 200 employees, including some in senior management. Intex, on its part, says that there is a change in management strategy and a new team is on board. More

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  • Amazon Beats Flipkart In Gross Sales ? #July16

    Amazon could be on its way to pip Flipkart as the top e-commerce seller in India. Amazon’s gross sales in July were above Rs 2,000 crore, while Flipkart’s gross merchandise value (GMV) for July were reportedly less than Rs 2,000 crores. However, these numbers exclude revenue from Jabong and Myntra, fashion retailers owned by Flipkart. More

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  • Cellular operators up in arms against Reliance Jio

    Just as the largest ever spectrum auction is about to start on 29th September, things are getting uglier as Reliance Jio threatened to take legal action against Cellular Operators Association of India (COAI) for not providing sufficient interconnect points. COAI accused TRAI of favoring RJio and even wrote to the Prime Minister’s Office about it. More

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