Ramalinga Raju-From riches to rags
His take home was in lakhs excluding taxes. That was when he was at the peak of his career as chairman of Satyam Computers and the brand ambassador of IT revolution in India and AP. But as of today, his salary has been reduced to peanuts. His daily wage has been fixed at just Rs. 50 per day for... read more »
Indian Online Marketplace Snapdeal Becomes Largest M-Commerce Player In The...
Online marketplace company Snapdeal has acquired a Bangalore mobile recharge service, Freecharge, on Wednesday in a stock plus cash deal. This makes Snapdeal the largest mobile commerce company in the country. News reports estimate the deal at $400 million, though both companies refused to comment... read more »
Now use Uber to book an auto-rickshaw in Delhi!
US-based taxi-hailing app Uber today launched an aggregator service which will help commuters book auto-rickshaws for travelling in the national capital. “Autos are the most ubiquitous transport in almost any city and Indians are used to having autos around. It simply makes more sense for the... read more »
Gold drops Rs 400, silver plunges by Rs 1,350
Gold prices tumbled by Rs 400 to hit one-week low of Rs 26,750 per 10 grams at the bullion market today amid a weak global trend and low demand from jewellers and retailers. Silver also plunged by Rs 1,350 at Rs 36,650 per kg on poor offtake by industrial users and coin makers. Bullion merchants... read more »
