Byju’s New Auditor Resigns In A Year, Hints At Fraud Within Company
September 7, 2024
World Bank Trims Global Growth Forecast For 2016 To 2.9%
According to the latest World Bank (WB) forecast, the global economy is projected to grow by 2.9% in 2016. This is lower than the earlier forecast of 3.3% made in June 2015. WB has observed that simultaneous slowing of four of the largest emerging markets – Brazil, Russia, China, and South Africa – poses the risk of spillover effects for the rest of the world economy.
Top 6 Most Sought-After Startup Jobs In 2016 And What They Do
While job roles for most companies are more or less similar, some jobs are a reflection of the current economy. India’s in the midst of booming startup culture. Most of these startups operate online, and often ecommerce, the man power required has shaped accordingly. We crunched some data on the various job portals and startup communities in India and found the following job roles were the most sought after. We have also analysed some salary trends for these roles to come up with a range.
Oyo Rooms Goes International; Launches In Malaysia
Oyo Rooms has begun 2016 by expanding into unchartered waters – it has become the first Indian hotel aggregator to expand overseas. The company, which operated in only 3 Indian cities in 2015, now operates in 165 cities and has 4000 properties bearing its name.
MakeMyTrip Gets A $180 Million Investment From Chinese Travel Giant Ctrip
Leading Chinese travel company Crip has invested $180 million into MakeMyTrip. Ctrip will invest this amount through convertible bonds. In addition, MakeMyTrip has granted Ctrip permission to acquire MakeMyTrip shares in the open market, so that combined with shares convertible under the convertible bonds, Ctrip may own up to 26.6% of MakeMyTrip’s outstanding shares.
Quikr Announces CommonFloor Acquisition With Series Of Cheeky Tweets
After months of speculation, and repeated denials by both parties, Quikr has finally sealed the deal and acquired real estate portal Commonfloor. Reports of Quikr acquiring Commonfloor had been abuzz for a while but Commonfloor CEO had diligently rubbished them every time. However in a report on December 1, the deal was touted to be almost through.
Netflix Unveils Indian Pricing; Plans Start At Rs. 500 Per Month
After over a year of speculation, Netflix is all set for its India launch. The company has unveiled a list of plans that it will offer to its Indian viewers. And the prices are comparable to what users pay in the US. Netflix’s basic US plan costs $7.99, and its Indian counterpart will cost Rs. 500 per month. The Premium plan in India will cost Rs. 800.
New Delhi Hosts Startup Kumbh On January 16
A day-long congregation (kumbh) – the first of its kind – of startup stakeholders gets underway on January 16 in the Indian capital, New Delhi. Here’s a preview.
When Harry Potter Aka Daniel Radcliffe Played Receptionist
Instead of just filming an interview or playing a fun game with Daniel Radcliffe during his visit to their offices, Nylon put their time with the star to good use, planting him at the receptionist’s desk, filling in for an hour unbeknownst to NYLON magazine staffer.