Modi Government Gives Kick-start To Startups
As envisaged by the Startup India, Stand Up India initiative of Prime Minister Modi, announced in this year’s Independence Day address, the government wants to kick start start-ups by making the rules simpler so that innovators can unlock their entrepreneurial zeal.
Have E-commerce Firms Violated FDI Norms? RBI, ED Asked To Probe
The mega sales have ended. The partying is also over. E-commerce majors such as Flipkart, Amazon and Snapdeal are now in for some sobering news.
Government of India has asked Reserve Bank of India (RBI) and Enforcement Directorate (ED) to probe whether e-commerce majors have violated Foreign Direct Investment (FDI) rules by engaging in business-to-consumers (B2C) activity.
Facebook Ties up With BSNL To Provide Internet Connectivity In Rural India
Facebook will soon give rural India a big fillip by teaming up with BSNL for setting up 100 Wi-Fi hotspots in villages, at a total cost of Rs.5 crores. This will be on a revenue sharing basis. FB has agreed to buy bandwidth from India for a trial period of 3 years, which could be extended for a further 2 years.
Maggi To Return: Will It Taste The Same Success Post Comeback?
The popular noodle-brand, banned by the Indian government for containing a harmful ingredients in a few samples, is set to make a comeback. Will it retain the brand loyalty and popularity it once enjoyed or will struggle to find it feet again in the unrelenting and competitive Indian market?
Flipkart and Amazon Try Out Online Mystery Shoppers
With several online customers facing such bad experiences in terms of pricing discrepancies, non-availability of desired products, or even receiving sub-standard or fake products, online marketers are now pulling up their socks to ensure customer satisfaction on one hand, and prevent fraud on the other. And one of the approaches taken by many ecommerce platforms, including biggies Flipkart and Amazon is introduction of the Mystery Shopper.
Hewlett-Packard Splits Into Two Today
It’s the end of an era. Silicon Valley giant Hewlett-Packard (HP), with 300,000 employees at 651 locations in 120 countries, is a thing of the past. In its place are born two entities that bear its initials, HP Enterprise and HP Inc.
Zomato Falling Short Of Revenue Targets, Deepinder Goyal Pulls Up Sales Team
All’s not well at Zomato. Weeks after the company had announced that it was laying off 10% of its workforce in an apparent restructuring, it has emerged that for the first time in 5 years, the company is falling short of its sales targets. And Deepinder Goyal, the 32 year CEO, is not pleased.
Flipkart Employees Party In Style Following Big Billion Days Sale
After the big success of its 5 day sale- The Big Billion Days- the company threw a big bash celebrating and also its 8th anniversary which happened to this month.
Jabong Appoints New CEO
Jabong, whose CEO and MD had quit in September, has finally found a replacement. The company has appointed Sanjeev Mohanty as CEO and Managing…