However, unlike the Flipkart sale, Amazon's is not an app-only event but will be available on desktops as well as mobile sites.

Didi joins existing investors including SoftBank Corp, Falcon Edge, Singapore sovereign wealth fund GIC and Tiger Global Management. A spokesman for Didi declined to specify the size of the investment.

Traditional business models are no longer the go-to option for a host of industries ranging from hospitality to the services sector.

Uber said that this move would help its service reach 1 million daily rides by March 2016 adding that it is the first time it has set such a target for India.

The company will have to convince developers to create apps for the phone version of Windows 10.

One of the single biggest pre-IPO bets, as a percentage of fund assets, is the Morgan Stanley fund's nearly $50 million investment in Flipkart

Counted among the most valuable start-ups in the world, Uber has lagged local rival Ola in India.

On paper, Zomato is still leagues ahead of everyone else in the food space but online food delivery company Foodpanda has picked up enormous funding and is on an acquisitive and marketing binge.

The size of Baidu's investment - and its valuation of Uber - are unknown.

The convergence of digital technologies makes it possible for companies to create customer value by providing a unique personalised experience for every consumer and delivering products and services sourced from across the globe.

All Uber payments are directly processed using the customer's stored credit card information in a simple process that bypasses any monetary exchange between drivers and users.

In businesses, big or small, ranging from manufacturing to music, the fight for intellectual property is getting intense. Neglect it and you could be out of business.

Early this month, when Sunil Bharti Mittal, in an interview with the Times of India, mentioned that many telcos had quit during an adverse phase, while his own brand grew against all odds, it raised the hackles of Rajya Sabha MP and former promoter of BPL Mobile, Rajeev Chandrasekhar.