Ola’s Valuation Has Been Slashed By 41% By A Mutual Fund
US-based mutual funds aren’t the biggest fans of Indian unicorn startups at the moment. All of last year, funds had repeatedly clipped the valuation…
Author: OfficeChai Team
Dotting the i's, crossing the t's.
In A Strange Turn Of Events, Bitter Rivals Uber And Ola Have Joined Hands
Uber and Ola haven’t always been the best of friends. Last year, Uber had sued Ola in the Delhi High Count, alleging that…
Ola And Uber Defy Karnataka Government’s Ban, Continue To Run Ridesharing Services
The Karnataka government is at loggerheads with Uber and Ola yet again – after banning bike taxis and surge pricing, the government has now trained…
Apple To Set Up Manufacturing Plant In Bangalore, Confirms Karnataka Government
After much negotiation, and plenty of dilly-dallying, Apple’s much-anticipated India manufacturing facility finally has a home. Karnataka – home of India’s Silicon Valley of…
The Indian Government Has Its Own Version Of Coursera – And It’s Cooler Than You’d Expect
The Indian government is rapidly expanding into sectors that were once the realms of private companies – and it’s ending up doing surprisingly…
India Has Its Own Version Of The H-1B Minimum Salary That No One Is Talking About
The Indian IT sector was in uproar yesterday. An American bill had aimed to raise the minimum salary paid to H-1B visa holders from $60,000…
Government Learns From Startups, BHIM App To Incentivize Users With Cashbacks
The Indian government is taking a leaf out of the startup guidebook. The government’s BHIM app, which was launched late last year, will now…
The Best Jokes On The Indian Union Budget Of 2017
When things get too technical, too financial or too boring to handle in the parliament, trust people to lighten the atmosphere on Twitter….
Breaking: Tax Rate For Those With Income Between Rs. 2.5 Lakh To Rs. 5 Lakh Reduced To 5%
It had been a much-anticipated move, and it’s finally happened. Finance Minister Arun Jaitley has lowered tax rates for those with incomes between…