NPCI Steps In, Asks ICICI To Restore Transfers To Flipkart’s PhonePe
The National Payments Corporation of India has finally spoken out on the spat between ICICI and Flipkart. It has directed ICICI Bank to immediately restore UPI…
Author: OfficeChai Team
Dotting the i's, crossing the t's.
Snapdeal Lost Rs. 9 Crore Per Day In 2016
Snapdeal might have fallen decisively behind Flipkart and Amazon in India’s e-commerce wars, but it still continues to bleed heavily. Snapdeal’s losses have more…
This Is How Much This Familiar 94-Year-Old Founder And CEO Makes Per Year
While the world of business and VC funded startups may be awash with stories of sky high salaries and packages to the strapping…
Flipkart, ICICI Trade Barbs Over Blocked Transactions On PhonePe
Flipkart and ICICI are at loggerheads. ICICI had blocked transactions to Flipkart’s PhonePe app last Friday. After users had reported that their transactions…
Essilor Buys Ray Ban Parent Company Luxottica For Rs. 1,60,000 Crore
Ray Ban – and several other eyewear brands – have a new home. French lensmaker Essilor International has bought Luxottica Group for $24 billion…
All Three CommonFloor Cofounders Quit Quikr A Year After Being Acquired
CommonFloor’s acquisition of Quikr was one of the biggest deals in the Indian startup space last year. Back then. the CommonFloor founders had…
ICICI Bank Is Blocking UPI Transactions On PhonePe, Alleges Flipkart
No sector has seen as much churn in recent months as the digital payments industry. With the introduction of UPI, and the government’s demonetizaton…
Mark Zuckerberg Is The Only Person Who Can’t Be Blocked On Facebook
Facebook’s given Mark Zuckerberg a lot of things. Thanks to his founding the social networking site, he’s worth Rs. 3,85,000 crore, rubs shoulders…
Tencent Makes Women Employees Play Inappropriate Games At Annual Party, Sparks Outrage Online
China’s internet companies might make some world-class products, but their work culture still remains decidedly odd. Tencent, China’s largest internet company, has sparked…