Flipkart has been roundly criticized for forcing people to download its app. It tried everything in its power to get more users for its app – app-only offers, app-only products and even its biggest shopping fest, the Big Billion Day Sale was app-only this year. But the company has finally come out with a product that enables you enjoy their services without an app. Flipkart has launched a new version of its mobile site called Flipkart Lite.
Retail baron Kishore Biyani, head of the Future group, has been watching recent developments in the Indian hyperlocal sector with interest. He’s watched grocery delivery startups raise tremendous amounts of money and offer incredible discounts. He’s seen these companies attain some jaw-dropping valuations. But he isn’t impressed.
After months of drama, reversals, and court orders, it’s finally official – Maggi is making its way back to our stores. “The rollout has begun today. It has been a challenging period for the Nestle Organisation, and therefore, there is a feeling of satisfaction at bringing back Maggi noodles to the market,”
Getting fired is never pleasant, but it doesn’t have to come as a surprise. If your neck is truly on the line, you’ll have plenty of hints that you might be on the chopping block. Here are some signs that you’re about to get fired.
Rahul Yadav, the erstwhile CEO of Housing.com, has come out in support of the beleaguered TinyOwl cofounders. The cofounding team of TinyOwl has been under fire over its recent layoffs, and one cofounder was held hostage in its Pune office for over 2 days by irate employees. However, Rahul Yadav, who’s no stranger to controversy himself, had words of encouragement for the TinyOwl team.
The times, they are a-changing. Indian companies, which are infamous for their stodgy and bureaucratic ways, are slowly embracing new-age corporate ideas. And leading the way is Reliance, which has made a quiet but significant transformation to its corporate culture.
Sanjiv Bikhchandani, Chairman of Info Edge which owns 47% of Zomato, has justified Zomato’s layoffs saying that the funding environment for startups is changing.
The food tech crisis is getting messier. After TinyOwl’s second round of layoffs in as many months in which the company let go of a hundred employees and shut down several city offices, the company sent its senior to deliver the news in a “human” way. When cofounder Gaurav Choudhary reached the Pune office, he realized he’d got more than what he bargained for – he couldn’t get out.
Paytm has announced that it will be splitting its original business wallet into a separate app. The current Paytm app will soon lose its wallet functionality and become a standalone shopping app, competing with the likes of Flipkart, Amazon and Snapdeal. This move reinforces Paytm’s ambitions to become a large part of India’s ecommerce space.