Yahoo buys social media site focused on shopping
Yahoo has once again gotten the urge to go shopping — and this time the internet company has acquired a social shopping site. Yahoo announced late on Friday that it had agreed to acquire Polyvore for an undisclosed price. Founded in 2007 by three former Yahoo engineers, Polyvore made a name for... read more »
Pressure rising on RBI to cut rate Tuesday
NEW DELHI: Pressure is mounting on RBI to cut interest rate in its third monetary policy review of this fiscal on Tuesday while experts are divided over the issue, saying high retail inflation may hold it back from doing so. Most bankers and experts believe that the possibility of an interest rate... read more »
SMS alerts for train delays, water vending machines on anvil
NEW DELHI: SMS alerts to passengers on train delays and setting up of 4,615 water vending machines at a number of railway stations are among the new initiatives of the railways to improve facilities for passengers. Minister of state for railways Manoj Sinha, while replying to questions in the Lok... read more »
HDFC Bank, Snapdeal launch e-commerce credit card
HDFC Bank and Snapdeal on Monday launched the country’s first co-branded e-commerce credit card in partnership with Visa. Snapdeal said that the move is aimed at encouraging more people from tier-II and tier-III cities to go for digital payments. Though the e-commerce website Snapdeal has 70... read more »