• NEWS
    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 […]

  • NEWS
    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, […]

  • NEWS
    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 […]

  • NEWS
    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. […]

  • ENTREPRENEURS
    Greening the clothing industry isn’t just about cotton and water.

    For a quick explainer on how to buy better, watch our video; and for a look into life as a “slow fashion” business owner, read our interview with Bree Hylkema, co-founder of Vermeulen & Co. The fashion industry isn’t known for its climate sense. Depending on who you ask, textiles and apparel account for something […]

  • ENTREPRENEURS
    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 […]

  • STARTUPS
    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 […]

  • STARTUPS
    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 […]

  • STARTUPS
    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 […]