Commutech startup has chosen Bengaluru, India to open its first engineering centre in Asia. India is the 2nd biggest market and the largest growing for Uber and an engineering base in the Silicon Valley of India would be crucial to the company’s operations and fixing India specific problems.
A week after Diageo settled on a golden handshake with former UB Spirits owner and billionaire Vijay Mallaya and settled on a $75 million payment for him to leave the company, the liquor has pulled a fast one on all the banks he owes over 7000 crores in debt to.
Fifteen years after hundreds of factory workers suffering from mercury poisoning from a thermometer producing unit of Hindustan Lever petitioned against the company, justice has been served.
The FMCG giant has finally agreed to pay 591 victims of mercury poisoning on “humanitarian grounds.”
If you think Facebook is secure and all your private moments are all yours and your near and dear ones’ to enjoy and cherish, think again. A Bangalore based techie has just reported a bug to Facebook, which if left untreated could hack into millions of personal data [and deprived its reporter of a huge bounty!]
In a move that’s likely to delight its women employees more than any women’s day campaigns or discounts can, ICICI has just announced a Work From Home For A Year option for its women employees. The initiative has been rolled by Chanda Kochhar, CEO ICICI bank and a prominent woman in Indian business.
To mark International Women’s day, India’s national carrier Air India made history by flying its maiden nonstop flight to San Francisco, the longest flight yet, with an all woman crew. The flight will return on Tuesday, March 8th, the day International Women’s Day is celebrated.
While the stories of many such successful entrepreneurs float around, stories about their better halves that are untold and hidden from the public eye. These women are the forces behind some of the most celebrated and successful entrepreneurs of Indian startups, and have supported their partners through all the initial struggles and challenges.
Employees demotivated by a recent fall in Linkedin’s valuation at the stock market – 43% in a single day- have a reason to cheer up. The CEO Jeff Weiner has announced a magnanimous award of his entire personal stock worth of $14 million as bonus to the Linkedin employees.
Ola cabs, which has been aggressively looking to be a bigger part of the Commutech industry by experimenting with Share rides, Autos and Shuttles has now rolled out possibly the last remaining piece of puzzle to complete the transport gamut. The Bangalore-based startup has just announced the launch of Ola Bike Taxis.