After a torrid period for Indian startup stocks which saw the values of listed companies erode over a period of more than two…
The list of global tech companies manufacturing their products in India continues to grow longer. India’s Dixon has partnered with Nokia to make…
Tech companies had become quite bloated after the ZIRP era of the mid 2010s, but they seem to be getting back into shape….
All manner of multinational companies already have their presence in India, but India is now featuring ever more prominently in their plans. US-based…
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.
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 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.
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.
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.
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.
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.
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.
