Snapdeal to invest Rs 637 cr in R&D and launched Findmystyle.in website

Snapdeal’s R&D department launched its first product, a website Findmystyle.in which helps customers to pick products by data analysing and needs of the customers. It has also announced to make investment of over 100 million US dollars i.e. 637 crore ..

Month: Current Affairs - August, 2015

Alibaba to invest INR 4000 crore in Paytm

To tame the world’s e-commerce giant Amazon, Alibaba is to invested 4000 crore rupees in m-commerce giant Paytm. Alibaba has picked up 25 per cent stake in Paytm’s parent company One97 through its subsidiary Ant Financial. Earlier it has done ..

Month: Current Affairs - August, 2015

India becomes most attractive investment destination: BPI 2015

India has become most attractive investment destination in world after it was ranked first among 110 countries in a ranking of destinations for attractiveness to foreign investors. The ranking was based on baseline profitability index (BPI) 2015. In this edition ..

Month: Current Affairs - June, 2015

What are Stabilization Funds?

Countries which are endowed with natural resources like oil, gas, minerals etc. have huge revenue inflows which give them as many options to use them for development and growth. These countries have a windfall of funds which are used to ..

Government sets up 'Japan Plus' team

India has set up a ‘Japan Plus’ management team to follow through on the $35 bn that Japan has promised to invest in India over a span of five years via PPP and overseas development assistance. This is a follow ..

Month: Current Affairs - October, 2014

Broker

In the world of finance and investments, a stock broker plays a crucial role as an intermediary between investors and the stock market. A stock broker is a member of a Stock Exchange who acts as an agent for clients, ..