Roadrunnr acquisition of TinyOwl acquisition is officially complete, and a new entity – Runnr – has come into existence. At around 9 am today morning, the TinyOwl app changed into a brand new avataar.
He might be one of the most powerful people in tech, but Google CEO Sundar Pichai likes to keep things simple when he gets up in the morning. Pichai opened up about his early morning schedule in an interview with Recode.
Mobikwik has announced that its users can earn “6% annual profit” on their wallet balances. The profit, or interest, will be credited monthly into user accounts.
MuSigma founders Dhiraj Rajaram and Ambiga Dhiraj Rajaram have divorced. Dhiraj Rajaram had founded the company in 2004 and his wife Ambiga Dhiraj had been an intergral part of its operations.
The Karnataka transport department the department has issued a circular stating that the aggregators who are operating un-licensed cabs in the city will have to stop operations with immediate effect.
If rubbing salt into one’s wounds could have a physical manifestation, this has to be it. Paytm CEO Vijay Shekhar Sharma has magnanimously announced that their company would be happy to take on the graduates who’d been left in the lurch after Flipkart delayed their joining dates.
Flipkart’s valuation has been cut by Morgan Stanley for the 2nd time this year. After it had marked down the value of its shares in Flipkart by 27% in March, the firm has again marked down its shares by 15.5%, valuing Flipkart at $9.39 billion.
2016 might’ve been a seminal year for Zomato as it entered the food ordering business, but the move has come with a price. The company’s losses have more than trebled to Rs. 492 crore for the year ending March 2016.
Flipkart’s proposed plan to delay the joining dates of its fresh graduates hasn’t gone down well with India’s top B-school. IIM Ahmedabad has sent a strongly worded email to Flipkart CEO Binny Bansal asking him to guarantee that their graduates will have a job when the date of joining is finalized.