Indian government has finally approved Amazon India’s proposed $500 million investment in food retail. The news comes a month after Food Processing Minister Harsimrat Kaur Badal stated that the government will soon clear the investment. The proposal was pending before the foreign investment promotion board (FIPB) which has been abolished now. Continue reading “Amazon India’s $500 million investment in food retail gets government nod”
LinkedIn has announced that it finally has 500 million members spread across 200 countries. India continues to be LinkedIn’s largest market in APAC, and the second largest globally after USA. The largest professional social network has registered over 40% growth in India the past two years with a user base of more than 42 million members.
Continue reading “LinkedIn finally hits 500 million member milestone, India user base hits 42 million”