{"id":885830,"date":"2024-12-10T07:41:18","date_gmt":"2024-12-10T02:11:18","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=885830"},"modified":"2024-12-10T07:56:22","modified_gmt":"2024-12-10T02:26:22","slug":"mapmyindia-parent-scraps-plan-to-invest-in-outgoing-ceos-firm-shares-rise","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/12\/10\/mapmyindia-parent-scraps-plan-to-invest-in-outgoing-ceos-firm-shares-rise\/","title":{"rendered":"MapmyIndia parent scraps plan to invest in outgoing CEO&#8217;s firm, shares rise"},"content":{"rendered":"<p>CE Info Systems, the parent firm of digital maps provider MapmyIndia, said on Monday that it has scrapped plans to invest in a company being set up by its outgoing CEO after receiving investor feedback, with its shares closing 16 per cent higher. <\/p>\n<p>MapmyIndia powers Apple Inc&#8217;s maps in the country and garners 99 per cent of its revenue from providing map-related services to other businesses.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CE Info Systems, the parent firm of digital maps provider MapmyIndia, said on Monday that it has scrapped plans to invest in a company being set up by its outgoing CEO after receiving investor feedback, with its shares closing 16 per cent higher. MapmyIndia powers Apple Inc&#8217;s maps in the country and garners 99 per cent of its revenue from providing map-related services to other businesses.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-885830","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/885830","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=885830"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/885830\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=885830"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=885830"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=885830"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}