As the rate of food price inflation eases in the United States and Europe, analysts are warning of a new era of volatility in global food prices, ushered in by […]
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Back to news homeDisney’s Hotstar loses 12.5 million subscribers in a quarter amid cricket shortfall
Disney+ Hotstar lost nearly a fourth of its customer base, or 12.5 million subscribers, in the quarter ending June, Disney disclosed in its earnings Wednesday, the ongoing setback at the […]
Krafton commits $150 million to India following BGMI trial approval
South Korean gaming firm Krafton plans to invest another $150 million in India over the next 2-3 years, it said in a boon to the local gaming ecosystem, roughly three […]
Micromax, smartphone sales stalled, eyes a steer into electric vehicles
Micromax Informatics once had a firm grip on the local mobile phone market in India, for a time passing stalwarts like Samsung, icons like Apple and many more to be […]
Ant Financial transfers Paytm stake worth $628 to Vijay Shekhar Sharma
Vijay Shekhar Sharma, founder and chief executive of Paytm, has entered into a deal with Ant Financial to acquire a 10.30% stake in the Indian financial services firm in a […]
Fidelity deepens valuation cut for SaaS startup Gupshup
Fidelity has slashed the estimated worth of its holding in SaaS startup Gupshup by over 20% in a month and by more than 50% since the original investment in the […]
Walmart pays $1.4 billion to buy Tiger Global’s remaining Flipkart stake
Walmart paid $1.4 billion to buy out Tiger Global’s remaining holding of Flipkart shares as the retail giant further expands its stake in the Indian e-commerce startup. The transaction took […]
Netflix brings password-sharing crackdown to India and every other market
Netflix is bringing password-sharing crackdown to consumers in India and every other market starting today, the global streaming giant said after a limited rollout of the restriction helped the firm […]
India’s Dunzo defers staff pay, to cut jobs amid funding search
Dunzo, a hyperlocal delivery startup in India, is postponing employee salaries for a month and plans a new wave of layoff as the Google and Reliance Retail-backed startup pares its […]
Shark Tank India falls short on investment pledges
Over a year following the inaugural season of the Indian edition of Shark Tank, the seven esteemed investors made good on less than half of their investment pledges, according to […]