New Govt. Regulations To Prevent Discounts In E-Retail
The Indian consumer has grown accustomed to discounts offered by online retailers, a new government ruling says that discounts are essentially not allowed in e-retail.
The Indian consumer has grown accustomed to discounts offered by online retailers, a new government ruling says that discounts are essentially not allowed in e-retail.
Even though the post of managing India’s money and economics comes with its own perks. An elite South Mumbai residence with multi-billionaires as neighbours, and a signature on all the currency notes for starters, a super fat cheque isn’t one. Raghuram Rajan, governor of the Reserve Bank of India, doesn’t earn as much as you think he would.
Uber’s employing a creative hack to lure engineers into applying to Uber. In certain areas in the country, the company randomly sends an invitation to a quick coding game, while the person is on an Uber ride.
Google CEO Sundar Pichai is making a serious amount of money.
Kishore Biyani has never been a fan of e-commerce. Now it seems like he’s putting his words into action – while Flipkart, Snapdeal and Amazon have been squabbling with each other through ads and discounts, he’s decided to take on the entire industry at once.
Freshersworld is somewhat of an anomaly in today’s fast-paced startup ecosystem. For starters, it’s barely a startup, having started off way back in 2006. Also, it hasn’t yet joined the funding rat race, and remains proudly bootstrapped to this day. And most importantly, unlike other vaunted, well-publicized startups, it’s profitable – it had revenues of Rs. 19 crore last year.
As I sit down to write this blog entry on why our offline model failed, a realization sets in. All the hundreds of conversations with mentors, friends, colleagues and investors across the globe over the last three years discussing this business is now seeing a closure.
An employee at IBM India quit his job with a stinker of an email targeted to call his managers out. In his farewell email, not only does he not make any bones about his real reason for leaving, but also openly and brutally castigates his managers at IBM.
It was a cold December night in 2004, and like millions of Indians, a young Ayush Bisaria watched David Blaine perform his bag of tricks on AXN. Blaine would approach people on the streets, and blow them away by makings cards disappear, showing superhuman strength, and for one dramatic trick, levitating spookily above the ground. Bisaria was mesmerized.