A Tech Park In Bangalore Is Now Letting Employees Grow Their Own Organic Food

A Tech Park In Bangalore Is Now Letting Employees Grow Their Own Organic Food

Tech parks can often be a maze of glass and concrete, but the Manyata Business Park in Bangalore is now turning a healthy shade of green. And it’s not just green that’s a result of some landscaping – it’s thanks to the efforts of the employees themselves. Office-goers at the tech park, which houses 90,000 workers across companies such as NVIDIA, Nokia, Cognizant and IBM, have been allotted patches of land on which they can…

The Indian Startup Community Is Coming Together To Help Laid-Off Snapdeal Employees Find Jobs

The Indian Startup Community Is Coming Together To Help Laid-Off Snapdeal Employees Find Jobs

There’s been lots of chatter about Snapdeal’s latest round of layoffs. People have been speculating over what it means for the company, and the e-commerce industry in general. There are also worries if this will extend to other sectors, and whether the startup bubble has finally first. Amidst all this, what’s gone relatively ignored is that over 600 people have lost their jobs overnight. Snapdeal’s laid off employees are now on the lookout for new roles,…

Homestay Marketplace Stayzilla Has Shut Down

Homestay Marketplace Stayzilla Has Shut Down

This week is going from bad to worse for Indian startups. After Snapdeal announcing that it was firing 600 people, and Flipkart saying that it had no use for 70% of the office space it had contracted in 2015, and reports of mass layoffs at YepMe, homestay marketplace Stayzilla has said that it’s shutting down. “I would like to announce today that we would be bringing to a halt the operations of Stayzilla in its current…

Watch: Striking Uber Drivers Throw Stones At Uber Office, Break Windows

Watch: Striking Uber Drivers Throw Stones At Uber Office, Break Windows

Tensions have spilled over during the driver strikes at Bangalore. Uber drivers approached the Uber’s HSR Layout 7th Sector office yesterday and threw stones, breaking several windows in the process.  While there were no injuries reported, the glass facade of the building was damaged. Uber had to evacuate its employees and deploy additional security at its office. The protesting drivers stayed outside the premises till late in the evening. “The hours demanded by Uber, for…

Here’s How Twitter’s Reacting To Snapdeal’s Mass Layoffs

Here’s How Twitter’s Reacting To Snapdeal’s Mass Layoffs

Snapdeal finally dropped the bombshell today that was being spoken of in hushed whispers in the Indian startup world for a while – the company’s now admitted it’s in big trouble, and has now turned to desperate measures in a bid to stay alive. Being unable to raise a next round of funding, Snapdeal today announced that it was laying off over 600 employees, and founders Kunal Bahl and Rohit Bansal were forgoing their Rs….

Snapdeal Founders To Take 100% Salary Cut To Help Tide Over Current Crisis

Snapdeal Founders To Take 100% Salary Cut To Help Tide Over Current Crisis

Snapdeal’s in trouble – and the founders are leading from the front to help salvage the company. Snapdeal founders Kunal Bahl and Rohit Bansal have pledged to take no salaries for an unspecified period to help the company tide over its current cash crisis. “We believe that every resource of the company should be deployed for driving us towards profitable growth and with this announcement, both Rohit and I are taking a 100% salary cut,” CEO…

HDFC Bank Charges Customers Without Consent, Receives Backlash On Social Media

HDFC Bank Charges Customers Without Consent, Receives Backlash On Social Media

HDFC Bank has been drawing harsh criticism over a loyalty program that allegedly charged customers without their consent. The issue was first brought up by Karthik Srinivasan, a prominent blogger and a longtime HDFC customer, who claimed that HDFC had unethically signed him up for its Preferred Banking Programme which cost Rs. 400 per year. Srinivasan wrote that HDFC had sent him a mail welcoming him into the program, which would give him access to a…

Freecharge CEO Govind Rajan Quits 9 Months Into Tenure

Freecharge CEO Govind Rajan Quits 9 Months Into Tenure

Things are unraveling fast at Snapdeal.  Over the past year, the company has shut down Exclusively.com and Shopo, its sister sites. It’s fired 600 customer service workers who’d protested with chants against the founders; reports say that another round of layoffs might be in the offing. And now Govind Rajan, who’d taken over as CEO of Freecharge just 9 months ago, has quit.   “It has been a unique privilege to helm FreeCharge in these exciting…

Indian IT Companies Worked Together To Keep Freshers’ Salaries Low: Former Infosys CFO

Indian IT Companies Worked Together To Keep Freshers’ Salaries Low: Former Infosys CFO

  Freshers’ salaries haven’t moved much over the years at IT companies – we probably now know why. Former Infosys CFO and Board Member T Mohandas Pai has said that IT companies colluded to keep fresher’s salaries low. “Indian IT is not paying its freshers well. And in fact, big companies are coming together talking to each other not to increase their salary,” he told PTI. These are sensational claims – the Indian IT scene…

Jio To Become Paid From 1st April, But Makes Revolutionary Promise To Match Any Cheaper Telecom Provider

Jio To Become Paid From 1st April, But Makes Revolutionary Promise To Match Any Cheaper Telecom Provider

Jio might’ve become paid from 1st April, but it’s made a revolutionary promise to remain the cheapest operator in India. Mukesh Ambani has announced that Jio will constantly review plans being offered by its competitors, and will match any plan that’s cheaper than its own. To add to that, Jio will also add 20% data to the charges of the cheapest plan. This move, if implemented, will dull the blow of having to pay for…

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