A study by Deloitte has reported that Uber’s ridesharing service in Australia is delivering benefits to consumers in the form of cheaper, quicker and safer rides as compared to taxi services. The study was commissioned by Uber.
Myntra, having suffered a fourfold increase in its losses this year in India, is now looking at other lands. It has set up a subsidiary, Myntra Inc, which will help its entry into American markets.
RoomLion cofounder Ashish Agrawal has accused Housing.com and Rahul Yadav of copying their 360 degree virtual tours product during acquisition discussions in March 2014.
In a bold marketing move, Snapdeal decided to do what Jimmy Kimmel had done very successfully with American celebrities. The company got its top management, including founders Kunal Bahl and Rohit Bansal and Chief Product Officer Anand Chandrasekaran to read out some of the most brutal feedback the company has received on social media.
Bangalore based on-demand shuttle service ZipGo has had a stormy relationship with Bangalore’s RTO. Late last year, the transport authority had raided ZipGo’s offices claiming that its services were illegal. ZipGo had gone off the roads, only to make a quiet return a few days later. This time ZipGo’s in trouble again, and its founders are appealing for help.
In what could possibly be the biggest lay offs in the corporate history, IBM is reportedly planning to axe more than a jobs across the board.
Before there was an Ola or Uber, there was Auto Raja, Chennai’s first autorikshaw aggregator service. However unable to compete with the bigger, if newer players like Ola and Uber, in a highly competitive and valuation led market, Auto Raja to shut shop soon.
Former Director General of The Energy and Resources Institute (TERI), R.K. Pachauri, accused of sexually harassing a 29-year old researcher in February last year, is in fresh trouble. A male researcher has now filed a complaint with the Delhi police alleging pressure from seniors in TERI to ‘ask’ the complainant to settle the case out of court.
Microsoft India has joined the league of companies which have increased maternity leave for their women employees. From February 1, women employees in the company will be eligible for maternity leave of 6 months.