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Showing posts with the label company news

Times Internet merges GoCricket with Cricbuzz

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In front of the World Cup 2015, Times Internet* appears to have merged its cricket site Gocricket with the as of late purchased Cricbuzz. Gocricket's website is right now diverting to Cricbuzz at the time of composing this article. The organization had likewise merged the mobile applications of Gocricket & Cricbuzz not long ago and had begun cautioning Gocricket's Twitter followers to take after Cricbuzz rather last week. This was truly a normal move, following Times Internet had said that it will be uniting Cricbuzz with its eight-month old cricket site Gocricket, in the wake of getting a lion's share stake in Cricbuzz in November last year. At the time, Times Internet had likewise said that it will be utilizing Cricbuzz's expertise as a part of the cricket segment along with its article content crosswise over content, photographs, and features to construct an "extraordinary client encounter around cricket". Other than publication, its significant tha...

SlideShare co-founder Amit Ranjan quits Linkedin

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Slideshare co-founder Amit Ranjan has quit the company, around two and half years after Linkedin acquired Slideshare, along these lines denoting the exit of the whole Slideshare establishing group from the company. Slideshare's other co-founder Rashmi Sinha had left in May last year while Jon Boutelle had quit the company in August last year. Ranjan said that emulating his exit, Slideshare is getting consolidated into its San Francisco office, notwithstanding he noted that the company is still in "great shape"and is presently an integral piece of Linkedin. He additionally claimed that it saw the most noteworthy traffic numbers ever in November 2014. While Ranjan hasn't uncovered what he plans to do next, an Economic Times report from last month had recommended that he will be driving a government extend that expects to open up all its technology systems to manufacture government apps that can be conveyed the nation over. It additionally included that Ranjan will be...

Reliance Capital to Sell 16 Percent Stake in Yatra.com

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Reliance Capital is situated to sell its 16 per cent stake in online travel portal, Yatra for an expected amount of INR 500 crore in order to encash its minority investment. The organization had procured this stake for INR 40 crore in 2006. As per an ET report, the arrangement is relied upon to be shut in 4-6 weeks and puts the aggregate valuation of the Yatra.com at around INR 3,000 crore. Different investors in travel portal incorporate Norwest Venture Partners (30 per cent), TV-18 gathering (10 per cent), Intel Cap (7 per cent), Valliant Capital (10 per cent) and 6 percent owned by its management group. Yatra.com is specifically contending with Makemytrip which is having a business estimation of USD 1.2 billion with an operating pay of USD 116 million for the year. While, Yatra.com remained at USD 50 million operating pay every year. A month ago, SAIF Partners had sold off its 2.41 percent stake in Mumbai-based nearby search provider, Justdial for an aggregate sum of INR 254 crore...