Companies, Finance & Markets

Google races to catch up in cloud computing

When it comes to cloud computing, Google is in a very unfamiliar position: seriously behind. Google is chasing Amazon and Microsoft for control of the next generation of business technology, in enormous cloud-computing data centers. Cloud systems are cheap and flexible, and companies are quickly …

Edutech firm Byju’s to raise $50 million

Bengaluru-based education technology (edutech) firm Byju’s says it is in advanced stages of talks to raise $50 million (about Rs 336 crore) in funding, which will help it expand into the US, the UK and other countries over the next few months. Byju’s says it will utilise the newly raised capital …

IPOs on SME bourse too on a hot streak

The spectacular revival in the primary markets in the last few months is not limited to large IPOs such as Quess Corp or Mahanagar Gas. Public share sales of smaller companies on the dedicated SME boards of stock exchanges, too, have been on a hot streak. All 13 companies that have listed on the …

FICCI calls for FTAs with EU and UK

The Federation of Indian Chambers of Commerce and Industry (FICCI) has called for restarting of negotiations for India’s Free Trade Agreements (FTA) with the UK and the European Union (EU), citing the growing importance of the Indian economy to the world. “India today is a very strong and i…

Shopclues rolls out bidding platform AdZone

Online marketplace ShopClues on July 20 rolled out AdZone, a bidding platform for merchants to promote products using native and custom ads on it. This is expected to impact the company’s bottom line significantly and contribute to 35% of the overall revenue for the company, officials said. The s…