Swiggy Goes Public, Stock Rises 18% On Opening Day
November 13, 2024
Snapdeal’s Losses Rise Fivefold To Rs. 1350 crore
Snapdeal has had an eventful year. It has been growing at a frentic pace, having raised its headcount by 5 times and building a swanky new office in Gurgaon. Its valuation has increased from $2 billion to a cool $4.7 billion. But worryingly, the company has also seen a corresponding increase in its losses – Snapdeal incurred a loss of Rs. 1350 crore over the past year, a five fold increase over its loss of Rs. 264 crore last year.
Xiaomi In Talks With Indian Startups For Collaborations
Chinese phonemaker Xiaomi is solidifying its push into the Indian tech ecosystem. After having announced that it would build a manufacturing facility in Telangana, the company is now looking towards India for developing software for its phones.
Woman Hands Out Resumes On The Streets, Gets Offers
Instead of contacting consultants or cold-calling recruiters, 28 yr old Carrie Kemeling decided to take matters, and her resumes into her hands, and did this creative stunt to land job offers.
Tatas To Inaugurate Country’s Largest Startup Hub In Telangana
Hyderbad is fast becoming a magnet for innovation and next-gen business. After global biggies such as Google, Amazon and Uber had annouced plans to set up large operations in the state, it is now the turn of Indian companies to come calling.
Tata Sons is setting up India’s largest incubation center, T-Hub in Hyderabad. The facility will be inaugurated on September 7th this month by Chairman Emeritus Ratan Tata.
Chinese Internet Companies Hiring “Programming Cheerleaders”
Chinese internet workers are a pretty efficient lot. They’re building cutting-edge software, founding world-class companies, and in their spare time, hacking a US website or two. But they are facing a problem familiar to engineers the world over – their offices are, erm, sausage fests.
The New Head Of Air India Is…A Railwayman
Ashwani Lohani will be the next chief of Air India. An Indian Railway Service officer of 1980 batch, Lohani would succeed Rohit Nandan whose three-year term ended last year.
India’s Banking Sector To See Tremendous Job Opportunities
Banking, finance and technology professionals have reason to be upbeat. The next two years are going to see tremendous job opportunities in the banking sector in India.
Two new banks are ready to roll out. Bandhan Bank is commencing operations on August 23, 2015. It would start operations with 600 branches, of which 200 would be in metro and urban areas. IDFC Bank is slated to start operations from October 1, 2015 with 20 branches, of which 5 would be in metropolitan cities.
In Conversation with Ramya Sriram, A Cartoonist With An Engineering Background
Ramya Sriram is an artist who creates comics, caricatures and many fun things. She has worked with many corporations; she has even designed some of the coolest wedding cards for couples and she has left no stone unturned when it comes to creativity. In our Uncorporate Jobs series where we feature people who have chosen an unconventional career, Mohita Adhvaryu got talking to the artist where she reveals some fascinating aspects about her life.
Jabong.com To Offer Crèche Facilities In Its Office
E-commerce companies aren’t just fiercely competing with each other in trying to woo the fickle Indian consumer. They’re also going all out to attract employees, and are doling out sops by the dozen to make their offices better places to work. After Flipkart announced a slew of initiatives that were designed to improve employee satisfaction, and Snapdeal came up with a spanking new office last week, Jabong has entered the fray, announcing an onsite creche facility in its office.