Amazon Planning its Online Entrance in India?

In the next three years, giant retailer Amazon will invest $100 million (Rs 500 crore) for the development of its facilities in Indian City, Hyderabad. The project will provide work for more than 3,000 people, according to Provincial Government of Andhra Pradesh. Alootechie.com reports that John Schoettler, Amazon’s Vice-President, has met recently with Ponnala Lakshmaiah,…

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Virgin’s Richard Branson invests in Square

The increasingly popular San Francisco based mobile payment start-up, Square has just announced an incredibly well known, and very wealthy backer. He’s called, Richard Branson – you’ve probably heard of him. Branson has gone at it himself. He’s not working with any other investors, he’s invested alone, “multimillions” – which, even if only 2 million…

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