• Finance
  • IRDAI and CCI approve acquisition of L&T General Insurance by HDFC ERGO

    MUMBAI: The insurance regulator and competition commission today approved the acquisition process of L&T General Insurance by HDFC ERGO General Insurance. In a statement HDFC ERGO General Insurance said that it has completed the acquisition of 100% shares of L&T General Insurance for Rs 551 crores. Post necessary approvals L&T Insurance is proposed to be […]

  • Finance
  • Domino’s fails to deliver for Jubilant, firm loses Rs 6,200 crore in market value

    A day after Jubilant FoodWorksBSE 1.87 % (JFL) announced that Chief Executive Ajay Kaul would be leaving next year, the stock slumped 6 per cent. The operator of the country’s largest fast-food chain, Domino’s Pizza, recouped some of those losses since that Tuesday plunge but investors have been wary for a while now. JFL’s market […]

  • Technology
  • Self-driving Uber vehicles spotted on the streets of San Francisco

    Several folks started noticing self-driving Uber cars in downtown San Francisco yesterday, fueling speculation the ridesharing company could soon be deploying autonomous vehicles for commercial use right where it all started in the Bay Area. Mattermark editor in chief Alex Wilhelm snapped a picture of a white Ford Fusion stopped at the intersection of Montgomery […]

  • Technology
  • Airbnb files $555M round with the SEC led by Google Capital and TCV

    Airbnb formally filed a Form D with the Securities and Exchange Commission this afternoon announcing that it had raised $555,462,180 in an equity deal. Last month, TechCrunch independently verified that Airbnb had filed a 28-page document with the State of Delaware indicating that it had intentions to raise additional late-stage capital. At the time, Equidate speculated that the company […]

  • Technology
  • Google’s Diane Greene talks AWS and machine learning at TechCrunch Disrupt

    Diane Greene, executive vice president of Google Cloud Enterprise, appeared on stage at TechCrunch Disrupt San Francisco with TechCrunch editor Matt Burns today, and talked about her role running Google’s massive cloud business. She came on board last year when Google bought her startup, bebop Technologies for $348 million, and she immediately brought with her […]