Annyeonghaseyo India! Why Korean Smilegate Investment made its first investment in the country this year

In February 2019, Prime Minister Narendra Modi launched the India-Korea startup hub in Seoul. The one-stop platform aims to bring the Indian and Korean startup ecosystems closer and facilitate joint innovation between the two economies. Since then, Korean investors have shown keen interest in the Indian startup ecosystem. Chief among them is Smilegate Investment, a […]

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Ruling against Amazon may prove broader blow to its business model

Los Angeles: A federal court ruling that Amazon.com Inc. can be held liable for a dog collar sold on its website that partly blinded a woman could complicate the online merchant’s business if it is applied broadly. The Third Circuit Court of Appeals, in Philadelphia, overturned a judge’s decision that Amazon was shielded under the Communications Decency Act, […]

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Draft new education policy is robust, but has its limitations

NEW DELHI: At least 115,000 meetings and two committees later, India’s draft National Education Policy (NEP) was finally shared by the ministry of human resource development for public comment, and may soon become a policy. Notwithstanding the delay, the draft policy prepared by a team of nine experts led by space scientist Krishnaswamy Kasturirangan is perhaps […]

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PayPal makes a big marketplace play with its $500M investment in Uber

Uber’s  announcement of its IPO pricing earlier today came with a $500 million belated Easter egg. The payments giant PayPal is making a half-billion-dollar investment in the company, paying $47 per share, which gives the company a valuation of $78.8 billion (in the middle of the range of Uber’s IPO pricing of $44-$50 per share). Neither Uber nor PayPal  gave […]

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All You Need To Know About Sleep Medication: It’s Use And Abuse

Insomnia or sleep disturbance is the most common of all sleep disorders. Insomnia is the difficulty in falling asleep or staying asleep, even when a person can sleep in. According to a report by the National Institutes of Health, it is estimated that around 30 per cent of the total general population complains about sleep disruption […]

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RENAULT TO FOCUS ON FEW CORE MODELS TO BUILD ITS INDIA BUSINESS

Speaking to a news outlet, Fabrice Cambolive, the chairman of Renault’s Africa-Middle-East-India operation said that the company is changing its strategy for India. Now onwards, it will focus on a few core models and develop them, instead of being present in many segments as bit players. The firm is looking to build market share even as […]

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