Unicorn No More? HSBC Slashes Zomato’s Valuation By Half
It’s the season of markdowns. After Flipkart has seen its valuation being marked down by as many as 4 separate investors, HSBC has valued Zomato at about $500 million, a full $500 million short of the $1 billion valuation at which it had raised funds last year.
Snapdeal Enters Yet Another Vertical, Starts Hyperlocal Services
After lots of small startups had proliferated the Indian hyperlocal services space, the biggies are now coming in in droves. After Quikr had launched its hyperlocal arm, and Facebook had made a bold play in the space, India’s 2nd biggest e-commerce company, Snapdeal, has launched its own version of hyperlocal services.
In A First, Swiggy Introduces Surge Pricing For Deliveries
If cabs can do it, why should food startups be any different? In what is possibly a first for the food delivery industry, Swiggy is now charging surge prices for certain orders.
European Central Bank To End Production And Issuance Of €500 Note
The European Central Bank (ECB) has decided to discontinue production and issuance of its highest denomination note, the 500 euro.
How TCS & Other Companies Are Trying To Reduce Food Wastage
Companies like TCS, Infosys and even Google are taking charge to encourage reduction of food wastage by employing simple, but effective messages, looking to encourage minimal food wastage.
Some Employers In The UK Provide “Paw-ternity Leave” To Pet Owners
A recent report found out that as many as 5% of UK employers give their pet-owner employees what’s adorably called “Paw-ternity leaves”. The leaves can be taken by new pet owners to spend time with their new family and carry out all the responsibilities associated with getting one.
They Quit Big Cities To Work In Small Towns & Villages In India
When the cities are choking under the pressure of rapid urbanization and overpopulation causing rising temperatures, pollution and a reduced quality of life, more people choosing to move out of big cities and into small, sparsely populated towns can only be a good thing.
After a successful series on people who quit their jobs to follow their passions, we bring you people who quit cities in favour of small towns and villages, to inspire you.
Air India Reports A Profit For The First Time In 10 Years
The Maharaja is smiling. Air India, after a whole decade of consistent losses, has finally registered an operating profit this year.
Ola Drivers Protest In Chennai Over Reduced Incentives
Nearly 100 Ola drivers have been protesting at the company’s office in Chennai. The drivers are unhappy with Ola’s policies which have recently come into effect.