In Pic: Jahan Singh Bakshi, creative producer and subtitler. Mohit Shetty talks about languages as if they are people. “Tamil is missing.” “Is Hindi on its way?” “Telugu will be here by evening, right?” he asks his team over the phone. In the last six months, Shetty’s post-production company QLAB has subtitled 3,600 hours of […]
WeWork claims all its buildings have become profitable in first six months in India
The Indian unit of shared workspace provider WeWork said all its buildings have become profitable in the first six months of operations though it posted net loss of ₹76 crore at the company level in FY18. The New York-headquartered collaborative workspace firm’s Indian arm notched revenues of ₹58.2 crore, as per financials sourced from Registrar […]
Amazon has 1,300 vacancies in India, highest in Asia-Pacific
Amazon remains bullish on India, despite recent government policies that might adversely affect its e-commerce business here. In Asia-Pacific, the company has the highest number of job openings in India, according to data on its website. There are almost three times as many openings here compared to that in China. Even outside Asia-Pacific and excluding […]
Existing investors may pump another $100M in Pepperfry
Goldman Sachs PE, Norwest Venture Partners and Bertelsmann India Investments may invest $100 million in branded furniture etailer Pepperfry, riding on a wave set off by Ikea, which entered India last year. The funds from the existing investors will help Pepperfry expand its offline presence and diversify, said three people with direct knowledge of the […]
Existing investors may invest $100M in Pepperfry
Goldman Sachs PE, Norwest Venture Partners and Bertelsmann India Investments may invest $100 million in branded furniture etailer Pepperfry, riding on a wave set off by Ikea, which entered India last year. The funds from the existing investors will help Pepperfry expand its offline presence and diversify, said three people with direct knowledge of the […]
Rahul Gandhi at helm, Congress adopts technology for key decisions
On January 10, Congress declared that Sheila Dixit would be president of the Delhi unit of the party. Before the announcement, the party had sought the opinion of 24,000 workers from Delhi on who should lead the state unit. In a two-day survey that ended on January 8, more than 80% of the respondents named […]
Slack ‘seriously’ considering direct market listing: Source
Image Credit: REUTERS/Dado Ruvic/Illustration Slack is “seriously” considering making its stock exchange debut through a direct listing, a source familiar with the matter told Reuters on Friday. The Wall Street Journal reported earlier in the day that Slack, which operates a popular workplace instant-messaging and collaboration app, is likely to debut in the second quarter […]
Google parent board sued for hushing up claims of executive misconduct
Image credit: REUTERS/Jeenah Moon Two shareholder lawsuits filed this week accused the board of Google parent Alphabet of playing a direct role in covering up sexual misconduct claims against two former executives over the last five years. The company declined to comment. Both of the lawsuits seek to force Google to change its governance and […]
India must stop providing immunities to social media giants it doesn’t provide its own traditional media
By Prashant Reddy, Vidhi Centre for Legal Policy The recent criticism directed towards the proposed amendments to the Information Technology (Intermediaries Guidelines) Rules 2018 has, once again, put the issue of legal immunities for social media tech giants operating in this country in the spotlight. Simply put, the existing rules, drafted under Section 79 of […]
Tech, advertising companies join hands to curb pesky ads, spam
Pop-up ads, spam content requesting likes, comments and shares, auto-play video ads with sound, ads with countdown, full-screen scroll-overs and ads featuring suggestive content could soon be a thing of the past for some of the world’s largest advertising stakeholders such as Facebook, Google, Unilever, GroupM, Microsoft and Publicis Groupe. All are members of Coalition […]