Tag Archives: in

Crisil Posts Rs 87-Crore Net Profit in Q3

New Delhi: Crisil Ltd on Tuesday reported a 23 per cent growth in net profit at Rs 87.05 crore for the quarter ended December 2015. The company had posted a net profit of Rs 70.79 crore in the October-December quarter of last fiscal. Consolidated total income during the quarter was up 18 per cent at Rs 385 crore, Crisil said ... Read More »

PepperTap Shuts Down Operations In 6 Cities

Hyperlocal grocery delivery service PepperTap will be shutting down its operations in six Indian cities, which include three metros. The Gurgaon-based startup is ceasing operations in Ahmedabad, Chandigarh, Mumbai, Kolkata, Chennai, and Jaipur, and will lay off nearly 400 delivery staff from its fleet. A spokesperson told Gadgets 360 that only fifty of them were on payroll, and the rest ... Read More »

Google Now Offers Flood Alerts in India

Google on Tuesday announced that it will offer flood alerts in India through Google Public Alerts. The company said that users will be able to find flood alerts with river level information for over 170 areas in which Central Water Commission (CWC) has active observation stations. In a blog post, Google said the alerts will be available on Google Web ... Read More »

Vulnerabilities in Font Processing Library Impact Firefox, Linux: Report

Security researchers have found vulnerabilities in Graphite, also known as Libgraphite font processing library, that affects a number of systems. The vulnerabilities, if exploited, allow an attacker to seed malicious fonts to a machine. The Libgraphite library is utilised by Linux, Thunderbird, WordPad,Firefox, OpenOffice, as well as several other major platforms and applications. Security researchers from Cisco have posted an ... Read More »

Ratan Tata Invests in B2B Marketplace Moglix

Leading industrialist Ratan Tata has invested in Moglix, an e-commerce company specialising in B2B procurement of industrial products, continuing his slew of investments in startups across the world. This is Tata’s sixth investment this year after investing in five companies DogSpot.in, Tracxn, CashKaro, FirstCry and Teabox last month. Tata has invested an undisclosed amount in the company and with his ... Read More »

Zomato Breaks Even at Home, in Key Markets Abroad

Indian restaurant search and food delivery service Zomato, one of only a handful of Indian start-ups to succeed abroad, said on Monday it had broken even in key markets including India and is on track to make a profit as early as June next year. The result comes as Zomato seeks $200 million (roughly Rs. 1,356 crores) in funding, a ... Read More »

250,000 E-Commerce Jobs Likely in 2016: Assocham

E-commerce is likely to generate during 2016 nearly 2.5 lakh jobs in India’s online retail, including temporary employees, supply chain, logistics and ancillary units, an apex trade association has said. According to estimates, released on Friday by the Associated Chambers of Commerce and Industry of India (Assocham), 2.5 million people will be required to work within the e-commerce industry by ... Read More »

FreeCharge Says It Has Issued 500,000 Go Cards in 10 Days

Mobile wallet and digital payments platform FreeCharge announced that over half a million ‘FreeCharge Go’ virtual cards have been created and issued in just ten days since its customer rollout. The company also said that its wallet now has over 20 million users with over a million transactions a day. The ‘FreeCharge Go’ card was launched in partnership with Yes ... Read More »