• ALL DEALS
    Apple’s Newest Courtroom Foe Is Patent-Savvy University

    As a veteran of the global smart phone wars, Apple is used to courtroom battles with fierce competitors such as Samsung and Nokia. This week, however, a federal jury returned a verdict against Apple in a lawsuit brought by a different kind of adversary: a public university. The University of Wisconsin-Madison’s licensing arm, the Wisconsin […]

  • ALL DEALS
    Chinese Star Xiaomi Aims Beyond Smartphones

    Leading Chinese smartphone maker Xiaomi is aiming for a future as an Internet company with the potential to cross swords with titans such as Alibaba. Xiaomi co-founder and chief executive Lin Bin on Wednesday shared a vision of a future that includes Segway-like self-balancing scooters and smartphones and a role for the company in e-commerce, […]

  • CLOTHING
    Russell Wilson’s New Clothing Brand Wants to Make You a Good Man

    “We’re going to change a culture through fashion.” That’s Russell Wilson talking about Good Man Brand, his new men’s lifestyle label launching, well, right now. After an appearance and Q&A at Nordstrom’s downtown Seattle flagship today (check out @gq_magazine on Snapchat for an inside look), the Seahawks QB is getting the word out about his […]

  • ALL DEALS
    Scientists investigate suspected meteorite death in Tamil Nadu

    A file photo of a meteor streaking across the sky. The last reported death from a meteorite strike was in 1825. Photo: AFP/Nasa Chennai: Indian scientists are investigating whether a man was killed by a meteorite, which if confirmed would be the first recorded death from falling fragments of space rock in almost 200 years. […]

  • CLOTHING
    Myntra generates biggest monthly sales in January

    Myntra CEO Ananth Narayanan. Online fashion retailer Myntra.com said that it generated annualized gross sales of $800 million this month, a 70% jump from last January, as the firm splurged on advertising to promote its end-of-season fashion sale. Volumes in January were boosted by Myntra’s private brands, increased contribution of international brands such as Marks […]

  • ALL DEALS
    Flipkart to offer its logistics services to third-party e-commerce firms

    Flipkart is also gearing up to roll out an inter-city customer-to-customer courier service called eFlash in the next two months. Photo: Bloomberg Bengaluru/New Delhi: Flipkart Ltd, the country’s largest online retailer, has thrown open its logistics services eKart to third-party e-commerce firms even as the company is gearing up to roll out an inter-city customer-to-customer […]

  • ALL DEALS
    Wipro Ventures invests Rs9.78 crore in big data start-up Altizon Systems

    Photo: Hemant Mishra/Mint Bengaluru: Wipro Ltd’s corporate venture arm Wipro Ventures has picked up a minority stake in Pune-based big data start-up Altizon Systems Pvt. Ltd. Wipro’s Rs.9.78 crore investment in Altizon allows it to have “a minority holding, not exceeding 20% of the outstanding share capital of the company”. It expects to close its […]

  • NEWS
    RBI eases stake sale rules in start-ups

    The RBI said it would clarify certain other issues that are permissible under current rules. Photo: Ramesh Pathania/Mint Mumbai: The Reserve Bank of India (RBI) allowed overseas investors to sell their stakes in Indian start-ups to local companies, potentially giving foreign venture capital (VC) funds an easier exit route. The regulator also allowed start-ups to […]

  • ALL DEALS
    Urban Ladder appoints Sanjay Gupta chief marketing officer

    Founded in 2012, Urban Ladder is one of the early movers in the online furniture segment. Photo: Hemant Mishra/Mint Bengaluru: Online furniture store Urban Ladder Home Décor Solutions Pvt. Ltd on Tuesday named former Marico Ltd executive Sanjay Gupta as its chief marketing officer. Gupta will lead marketing, branding and content among others at Urban […]