Illustration: Rahul Awasthi Walmart-owned e-commerce marketplace Flipkart has promoted five executives to the level of Senior Vice President. The elevations of Manish Kumar, Anand Lakshminarayanan, Ranjith Boyanapalli, Ravish Kumar Sinha and Ravi Iyer were announced in an email sent by Flipkart Group CEO Kalyan Krishnamurthy on Sunday. This brings the total number of executives at […]
Archives for May 2020
US moves closer to visa fee hike
A final proposal on visa fee increase, submitted by the US immigration agency last week with the US President’s office, is expected to hike the cost of an H-1B visa by 22% and that of the L-1 visa — used by technology companies to transfer employees between offices — by as much as 77%. The […]
E-commerce firms test waters with sober discounts
Illustration: Rahul Awasthi E-commerce companies have started showcasing small-scale promotional events to spur consumer demand, two weeks after restrictions on shipping products were relaxed across the country, in what analysts say is a sign of normalcy in a sector that typically drives sales through discounts. Over the weekend, Flipkart-owned fashion portal Myntra held its Month […]
TikTok owner ByteDance to set up another corporate entity in India
Illustration: Rahul Awasthi ByteDance is setting up a second corporate entity in India, as the Chinese multinational internet technology company looks to deepen its roots in Asia’s third-largest economy, among its most active markets globally. The new entity, according to two sources with knowledge of the developments, is likely to provide Information Technology and IT-enabled […]
Amazon removes racist messages after they appear on some product listings
Amazon said it was removing certain images after messages using extremely strong racist abuse appeared on some listings on its UK website when users searched for Apple’s AirPods and other similar products. The message sparked outrage on Twitter, with the topic “AirPods” trending in the United Kingdom. “We are removing the images in question and […]
Feud between Donald Trump and Jack Dorsey can have long-lasting effects on how we consume media in India
With close to 670 million active internet connections, today more Indians consume media through digital modes. This practically means a content feed based on the social media platform of your choice. It may be Facebook, Twitter, Instagram, YouTube, TikTok, Share-Chat or even WhatsApp. India has the highest number of users and views on several of […]
Zomato starts ‘Talent Directory’ to help its laid off employees find new job
The spree of layoffs in the startup ecosystem has paved the way for action of another kind that is now gaining momentum — facilitating the placement of laid off staff by going the extra mile. Food delivery platform Zomato which earlier laid off 520 employees or 13% of its workforce in its huge retrenchment exercise […]
As millions work from home, govt bans file-sharing site WeTransfer
If you’ve been having trouble accessing WeTransfer for sending work files to colleagues, the problem isn’t your internet connection or a case of service’s servers buckling under increased demand. It is because WeTransfer, one of the world’s most popular file sharing services, has been banned by the Department of Telecommunications. In an order dated May […]
Flipkart owner not surprised by Facebook’s Jio investment
Walmart, owners of top ecommerce marketplace Flipkart, is not surprised by internet major Facebook’s investment in Reliance, Brett Briggs, chief financial officer of the US retail giant, has said. “It’s (online retail space) been competitive…Reliance, Amazon… When you have 1.3 billion people, it’s going to attract a lot of investment…a lot of the reasons why […]
Indian startups eye virtual wedding space amid coronavirus curbs
After virtual board meetings and court hearings, comes the virtual wedding. More couples are tying the knot online, thanks to the new physical-distancing and safety norms. Helping them put such plans into action are startups offering the look and feel of a conventional wedding. They organise the sangeet complete with DJ, mehndi ceremony and even […]