Azim Premji loosens purse strings further for philanthropy



With the latest action, the value of the philanthropic endowment corpus contributed by Premji is about $21 billion, which includes 67 per cent of the economic ownership of Wipro.



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Have bike-sharing firms hit a dead end in India?



In India, many cities lack bicycle lanes and proper pavements. This, coupled with heavily congested roads, creates a danger to cyclists. Furthermore, the low costs of bicycles may make it more economical to buy than to rent.



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Sportswear major Under Armour plans branded stores in India



Initially, it is targeting locations such as upmarket malls in major cities, such as Delhi and the surrounding region, Mumbai and Bengaluru.



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E-commerce policy draft may bring cheer to the realty sector



With the insistence on data centres to be onshore, entities in real estate believe there is going to be a rise in demand for specialised Grade-A commercial spaces to set these up.



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Budget rebate for individuals not as bold as it seemed



Even if the same party returns to power, what is important to debate is that having introduced an entitlement, how challenging it is to reverse such decisions, says Mukesh Butani.



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Hike messenger dumps one-app-fits-all approach



Multi apps will be designed by taking core parts of the Hike product and remoulding them into creating new apps, each delivering one service — Social and Messaging in one and Content in another, report Patanjali Pahwa and Karan Choudhury.



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All eyes on unicorn Swiggy's $1 bn warchest



Swiggy is following a path that seems similar to what Meituan, one of China’s largest O2O (online-to-offline) platforms that delivers food, sells movie tickets and offers hotel reservation, has done so far, reports Patanjali Pahwa.



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How 'briefcase' firms are robbing the govt of GST tax



A government report revealed that fake companies floated with fake addresses, issued fake GST invoices and generated fake e-way bills, with fake vehicle registration details without supplying any goods causing huge loss to the exchequer.



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