India is youngest startup nation with 72% founders below 35 years: Nirmala Sitharaman

Start-ups are the next big economic force in India, the world’s youngest startup nation with 72% founders below 35 years of age, Commerce and Industry Minister Nirmala Sitharaman said here on Saturday. “Start-ups are the next big economic force in India. Close to 4,400 technology startups exist in India and the number is expected to reach over 12,000 by 2020. […]

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Here’s what Marissa Mayer told employees post Verizon acquisition

Earlier today, Yahoo’s operating business was acquired by Verizon Communications in a $4.83 billion deal, following a five-month long sale process. As part of the deal, Yahoo is selling off its email service and its news, finance and sports websites along with its advertising tools like Brightroll, Flurry and Gemini. These businesses will be integrated with AOL, the other web […]

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Verizon buys Yahoo for $4.83 bn, marking end of an era

Verizon Communications Inc said on Monday it would buy Yahoo Inc’s core internet properties for $4.83 billion in cash to expand its digital advertising and media business, in a deal that ends a lengthy sale process for the fading Web pioneer. The purchase of Yahoo’s operations will boost Verizon’s AOL internet business, which it bought last year for $4.4 billion, […]

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TCS ranked top IT employer

Indian IT giant Tata Consultancy Services (TCS) is the top employer in the Indian IT industry, followed by Infosys , Cognizant and Wipro, the industry’s representative body Nasscom said on Monday. According to the National Association of Software and Services Companies’ (Nasscom) annual rankings of top IT-BPM (business process management) employers in the country for 2016, TCS heads the Indian […]

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Digital payments market in India to touch $500 billion by 2020

Digital payments market size in the country is expected to touch $500 billion by 2020, accounting for about 15% of gross domestic product (GDP), a report said today. The ‘Digital Payments 2020’ report, jointly published by Google and Boston Consulting Group, projects that non-cash contribution in the consumer payments segment will double to 40%. “The smartphone explosion will usher in a new […]

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