Narayan Murthy, Co-founder Of Infosys Calls Indian IT Companies “Immigration Agents”.

At an event organised by Indian School of Business (ISB), Hyderabad, Narayana Murthy, the co-founder and emeritus Infosys, who was conferred an honorary doctorate at the premium management school, has made a rather controversial statement.
The Infosys founder was reported as saying that Indian IT companies act as “Immigration agents”, referring to the huge onslaught of employees that are sent abroad every year to work onsite in US companies.

Jugnoo Accuses Ola Of Foul Play, Publishes Proof

After Uber had approached the Delhi High Court accusing the company of making fake bookings on its app to sabotage its business, Jugnoo has followed suit with similar claims of its own.

Jugnoo is a Chandigarh-based auto aggregator that competes directly with Ola, which also has its own auto booking service. It alleges that Ola employees have been creating fake accounts over the last 10 days to book and make cancellations on Jugnoo’s app leading to loss of revenue for the company and also affecting the income of auto-rickshaw drivers.

In A Heartfelt Twitter Post, LoyalOye Founder Rubbishes Shutdown Reports

Last night, a prominent media house had reported that local services provider LocalOye was on the verge of shutting down. Today morning, LocalOye founder Aditya Rao posted a heartfelt 15-tweet tweetstorm talking about the report and the problems at his company. In an unusually honest and brutal assessment of his company, Rao admits that while Localoye is “wasn’t in the best of situations”, it will live to fight another day.