Typos In Uber’s Full-Page Ads Leave Twitter Flummoxed

Typos In Uber’s Full-Page Ads Leave Twitter Flummoxed

When you buy a front page ad in a national newspaper, you are guaranteed some attention. But this isn’t the sort of attention that Uber would’ve bargained for after its splurged on some ads in India’s leading dailies. Twitter users have been mocking the typos in Uber’s latest ad campaign, which was splashed across newspapers over the weekend. In Hindustan Times’ Delhi edition, Uber carried a huge message asking readers if they’d like to “head…

Netflix To Spend Rs. 3000 Crore To Create Content In India, Roughly The Same As 100 Bollywood Movies

Netflix To Spend Rs. 3000 Crore To Create Content In India, Roughly The Same As 100 Bollywood Movies

Netflix has just revealed its plans for India, and they’re jaw-droppingly big. Netflix CEO Reed Hastings has said that Netflix will spend Rs. 3,000 crore on content programming over the next two years. A majority of this spend will be on original programming. “The next 5-10 years are going to be a golden age of television. You are seeing unbelievable and unrivaled levels of investment from global companies like Apple, Amazon, Disney, Viacom as well as local…

Ikea Earns 400 Crore From Its First Store In 7 Months, Sets Revenue Record

Ikea Earns 400 Crore From Its First Store In 7 Months, Sets Revenue Record

Even as economic indicators seem to be pointing towards an impending slowing in India, one brand appears to have managed to buck the trend — and in record fashion, no less. IKEA crossed Rs. 400 crore in revenue for FY19 from its single Hyderabad store which had opened in August, reports ET. With the store having been open for just 7 months in the period, Ikea managed daily sales of Rs. 2 crore from its…

Ratan Tata Has Shared A Startup Pitch Deck Template For Entrepreneurs On Instagram

Ratan Tata Has Shared A Startup Pitch Deck Template For Entrepreneurs On Instagram

Ratan Tata might be 81, but he sure is keeping up with the times.  Ratan Tata had created a bit of a social media splash last month after he’d joined Instagram. Like any other self-respecting Instagram celebrity, he’d thus far been sharing pictures with his dog, throwback pictures of his time as a student, and even a picture with JRD Tata. But now he’s gone ahead and done something that isn’t all that common on…

Sundar Pichai Becomes CEO Of Google’s Parent Company, Co-founders Page And Brin Step Down

Sundar Pichai Becomes CEO Of Google’s Parent Company, Co-founders Page And Brin Step Down

Sundar Pichai is now well and truly in control of all of Google. Google co-founders Larry Page and Sergey Brin have announced that they are stepping down as co-CEOs of Alphabet, Google’s parent company. They will now be replaced by current Google CEO Sundar Pichai. Alphabet is Google’s holding company that includes Google and its other bets, including self-driving arm Waymo, health and longevity company Calico, Google Fiber, its secretive lab Google X, and other companies. “We…

A Chennai Techie Has Found ISRO’s Vikram Lander Using Only His Laptop And An Internet Connection

A Chennai Techie Has Found ISRO’s Vikram Lander Using Only His Laptop And An Internet Connection

Different international space agencies had tried different approaches to find ISRO’s lost lunar lander. ISRO had been using the Chandrayaan 2 that was orbiting around the moon to look for the lander. Nasa had used its deep space network antennas in California, Madrid and Canberra to send signals to the Vikram lander with the hope that it would reflect the signals if the lander’s systems were working. But one man beat them both to it —…

Paytm Wants To Convert Its Payments Bank Into A Small Finance Bank

Paytm Wants To Convert Its Payments Bank Into A Small Finance Bank

India’s payments banks have had a torrid time thus far — after the RBI had given in-principle approval to 11 entities to set up payments banks, 3 had dropped out even before beginning operations. Aditya Birla’s payments bank shut down 17 months after being founded,  and Airtel Payments Bank, Fino Payments Bank, and Paytm Payments Bank have been pulled up by the RBI for irregularities in running their operations. And of the remaining payments banks,…

Reliance Jio Has Said That It’s Raising Tariffs By Up To 40 Percent From 6th December

Reliance Jio Has Said That It’s Raising Tariffs By Up To 40 Percent From 6th December

Indians have been having the longest free lunch in recent memory, but it’s coming to an end. Reliance Jio has said that it’s raising mobile service rates by “up to 40 percent” starting 6th December. The company, though, claims that it will provide 300 percent more benefits than before to its customers. “Jio will be introducing new ‘All in One’ plans with unlimited voice and data. These plans will have a fair usage policy for calls…

Reliance Becomes First Indian Company To Be Valued At Rs. 10 Lakh Crore, Mukesh Ambani Becomes 9th Richest Man In The World

It’s been a good couple of months for Reliance and its Chairman Mukesh Ambani. Reliance has just become the first Indian company to reach a market capitalization of Rs. 10 lakh crore. Reliance achieved the milestone when its shares touched a record high of Rs. 1584 per share. Reliance’s shares have been on a tear this quarter, having risen 40 percent int the last 4 months — in August, Reliance was trading at just Rs….

Ola To Layoff Around 350 Employees As It Trims Its Staff Size By 5-8 Percent: Report

Ola To Layoff Around 350 Employees As It Trims Its Staff Size By 5-8 Percent: Report

For the last decade, Indian unicorns have been growing at breakneck speed. Now some are moving in reverse. Ola is trimming its staff size by 5-8 percent, which which impact 350 jobs, ET has reported. Further, a group of employees will also be asked to move into adjacent businesses, including Ola Electric and Ola Financial Services. Ola currently has a staff of 4,500 people. “As a business, we need to exercise sharper focus on metrics…

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