Swiggy Fires 350 Employees, Says Business Is Still Down 50 Percent
India’s economy has been slowly opening up over the last few weeks, but the coronavirus layoffs aren’t quite yet over. Swiggy has just…
Category: Stories
Oyo Terminates Lease Contracts On Two Gurgaon Offices To Save Costs
As firms look to tighten purse-strings to cope with the coronavirus pandemic, large offices are ending up being the first casualty. Oyo Rooms…
Flipkart Acquires Walmart’s India Wholesale Business, Will Launch Flipkart Wholesale Next Month
Walmart has consolidated its India holdings, making Flipkart the umbrella brand for all its India initiatives. Flipkart’s wholesale unit will acquire Walmart India’s…
Reliance Retail Has Been Valued At $29 Billion By Morgan Stanley
While most of the attention on Reliance of late has been focused on Jio, the company has, over the years, been quietly building…
Mark Zuckerberg Worried That If India Can Ban TikTok, It Can Also Ban Facebook: Reports
TikTok’s ban should’ve come as welcome news for rival social media companies, but Facebook CEO Mark Zuckerberg is apparently not particularly thrilled with…
Value Of Card And Mobile Payments Exceeds ATM Withdrawals For The First Time In India
The digitization of India’s economy has just crossed a vital milestone. The value of card and mobile payments have exceeded ATM withdrawals in…
Curefit Lays Off 600 Employees, After Laying Off 800 In May
Startups that have been the worst-hit by the coronavirus pandemic are continuing to try to cut costs. Fitness startup Curefit has laid of…
JioMart Makes All Deliveries Free, Launches App To Take On Amazon And Flipkart
The now-familiar push for dominance by Reliance, as seen in its telecom and broadband plays, has now begun for JioMart. JioMart has made…
Twitter Accounts Of Bill Gates, Elon Musk, Jeff Bezos Hacked In Unprecedented Global Scam
The most high profile — and audacious — hacking scam in history might have just taken place. The official Twitter accounts of several high-profile…