In order to make this a sustained push in business growth, it is imperative that businesses across the country collaborate and harness synergies. The Economic Times Business Knights conclave is intended to bring together business leaders and the finest business minds to ideate, conceive and deliberate on challenges and provide direction for strategic & progressive growth.
With the boom is startups in India, the number of job creators is widening too, and that in turn means good news for the job seeker who’s spoilt for choice. While the options are many, many of us may face a quandary about which is a better career option for us- A big company or a startup. Here are some of the factors you should consider while making a decision.
Flipkart, which had earlier this year created ripples in the e-commerce world by announcing it would shut down its website and move to an app-only model, has decided to put its plans on hold. The decision has been taken in part because the company is yet to assess how the move would impact sales in big-ticket purchases such as large appliances and furniture.
Snapdeal has had an eventful year. It has been growing at a frentic pace, having raised its headcount by 5 times and building a swanky new office in Gurgaon. Its valuation has increased from $2 billion to a cool $4.7 billion. But worryingly, the company has also seen a corresponding increase in its losses – Snapdeal incurred a loss of Rs. 1350 crore over the past year, a five fold increase over its loss of Rs. 264 crore last year.
Chinese phonemaker Xiaomi is solidifying its push into the Indian tech ecosystem. After having announced that it would build a manufacturing facility in Telangana, the company is now looking towards India for developing software for its phones.
Hyderbad is fast becoming a magnet for innovation and next-gen business. After global biggies such as Google, Amazon and Uber had annouced plans to set up large operations in the state, it is now the turn of Indian companies to come calling.
Tata Sons is setting up India’s largest incubation center, T-Hub in Hyderabad. The facility will be inaugurated on September 7th this month by Chairman Emeritus Ratan Tata.
At an age, when most of us were playing video games and just getting familiar with the fascinating world of the internet, this boy wonder founded an online business.
Barely a week after reports emerged that Housing.com would be firing 600 of its 2600 employees as a part of a restructuring, the company today announced that it has acquired Bangalore-based customer relationship management software company HomeBuy360. This is Housing’s 3rd acquisition this year, after having previously acquired real esate forum IREF and Realty BI, a data analytics company in the real esatate sector.
Online lingerie retailer Zivame is set to raise $40 million from Malaysian sovereign wealth fund Khazanah Nasional Berhad and Mumbai-based investment firm Zodius Capital. The deal would value the 4 year old company at $100 million.