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Author: Sanghamitra

HT Media Invests $4.4 Million In UK Based Koovs

The all cash deal is expected to close by the end of next month.

Amazon India Partners With ConnectIndia And Expands Project Udaan

Under Project Udaan, Amazon has appointed offline associates across retail points like kirana stores, medical stores and mobile shopping outlets

Amazon To Launch Prime Service In India Next Month

The service in US is available for Rs. 6,700 annually but in India the price will be much lower

Morgan Stanley Marks Down Flipkart’s Stake By 15.5%

Flipkart’s shares which was earlier valued at $103.97 per share as of December 2015, is now marked down at $87.9 per share as of March 2016.

Zomato Takes A Step Back, Withdraws Physical Presence From 9 Global Markets

The company will remotely continue to operate in the markets from India headquarters.

Snapdeal To Scale Down Operations In Regional Offices; Plans Job Cuts [Updated]

If the company fails to raise a fresh funding soon, the company may even shut down a few offices in the next six months.

Helpchat Pivots From Chat; Let Go Off The Entire Chat Team

Helpchat recently removed its chat feature from the app, which raised many questions. Ankur Singhal, Founder and CEO of Helpchat has finally put his case to rest and why he decided to pivot the company from a chat based model to a personal assistant one.

EdCast Acquires Sales Training App WAGmob

It is a Microsoft Venture’s alumni who has their India operations out of Indore.

SoftBank’s Nikesh Arora Receives A Pay Package Of $73M For 2016

This package makes him one of the top paid executives in the world for the second year in a row.

IIM-A’s Threat Letter To Flipkart: Pay For Entire 7 Months Of Forced Unemployment

Flipkart has assured that all the students will be recruited but no extra compensation will be given as asked by the institute.

Flipkart May Lose The Day 1 Slot In IITs’ Campus Placements

The All-IITs Placement Committee which comprises of all the placement cell heads across all IITs, will meet soon

Train Ticket Not Confirmed? Fly With Air India

The AC first class passengers will be charged with the same fare while AC II passengers will be charged AC II fares plus Rs 1,500.

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