Flipkart Enters the Insurance Segment & IKEA's New Store in Mumbai: 4 Things to Know Today

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1. Flipkart enters the insurance segment. After securing a corporate agent license, the e-commerce giant has partnered with Bajaj Allianz General Insurance to offer customized insurance solutions to mobile phone users.

2. Hyderabad is still the most favourite for MNCs. The telecom giant Qualcomm is investing $400 million to set up its largest facility outside of the United States in Hyderabad.

3. IKEA moves to India’s financial capital. After a successful debut in Hyderabad, the Swedish furniture giant will open its new store in Mumbai later this year.

4. Mukesh Ambani dreams of making Uttarakhand ‘Digital Devbhoomi’. Reliance Jio is planning to connect over 2,300 government schools and colleges with high-speed internet in next two years.

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