Flipkart’s Biggest Investor Picks Up 2.44 Million Shares In Amazon
The biggest investor in Flipkart – Tiger Global Management – is reported to have picked up 2.44 million shares in Amazon, Flipkart’s biggest competitor. The move makes Amazon Tiger Global’s second-largest public holding company.
Square Yards Helps Its Employees Own Their Homes This Diwali
Diwali usually means a nice little gift for most office workers. This is usually a box of sweets, or if their company is feeling generous, some dry fruits. But the employees at Square Yards have it a little better than the others come festive season. Their company has decided to fund the downpayment of their brand new homes.
Ola Turns Twitter Trend On Its Head, Deploys Boats In Chennai
When jokes about Ola Boats began surfacing on the web following the rains in Chennai, the cab hailing company did the unthinkable – it managed to deploy actual boats to help out those in need.
Directi Sends Touching Letters To Campus Recruits’ Parents
It’s often hard for companies to retain a connect with their recruits between their campus placements and their joining dates, and students too are in a strange limbo between college life and the real world. Directi wanted that things be different this year. They decided to step in and surprise their campus recruits this Diwali.
Flipkart Makes It Easier For Employees To Monetize ESOPs
Flipkart is continuing to innovate in the area of HR practices. After announcing generous maternity and paternity leaves, and offering unprecedented leaves flexibility at work, the company has made it easier for its employees to monetize their stock options, which are often a large part of their salaries.
Practo Ties Up With Uber Across India, Indonesia And Singapore
Practo has said that it is tying up with taxi hailing app Uber to ferry patients to their doctors. Across India, Indonesia, Philippines and Singapore, those who book an appointment on Practo’s mobile application will be able to view the closest Uber available along with the appointment reminder alert.
Hyperlocal Services Provider LocalOye Lays Off 60 Employees
In a continuation of the winter wave of startups layoffs, Bangalore based hyperlocal services provider LocalOye has laid off 60 employees.
Getting Your Annual Bonus? Here’s Where To Invest
The year is about to come to a close, and that means you’re probably going to be getting your annual bonus. If you get a big lump sum at one go, don’t be tempted to blow it all up in consumption needs. Keep a part for investment, the size depending upon your spending profile.
Here are a few tips for investing for the Indian office-goer.
CashKaro Raises Rs.25 crore From Kalaari Capital in Series A
Online deals site CashKaro has raised Rs. 25 crore from Kalaari Capital in its Series A funding. CashKaro was launched in August 2013 with a funding of $750,000 from a group of UK-based investors who worked as senior executives in companies such as Paypal, Investec and Goldman Sachs.