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Zuckerberg says allowing Trump's controversial posts was 'correct' decision

Zuckerberg says allowing Trump's controversial posts was 'correct' decision

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Over one-third of MSMEs close to shutting operations: Survey

02 Jun 2020

Over one-third of MSMEs close to shutting operations: Survey

The brutish impact of the coronavirus pandemic has started revealing itself, with 35% of India's Micro, Small and Medium Enterprises (MSMEs) initiating the process of winding up operations, a survey conducted by All India Manufacturers' Association (AIMO) said.

Zomato launches 'Talent Directory' to help outplace laid-off employees

01 Jun 2020

Zomato launches 'Talent Directory' to help outplace laid-off employees

Days after laying off hundreds of its employees, food tech giant Zomato has launched a public database/directory to help outplace those workers.

MakeMyTrip lays off 350 employees due to COVID-19: Details here

01 Jun 2020

MakeMyTrip lays off 350 employees due to COVID-19: Details here

Following Ritesh Agarwal's OYO Rooms, India's largest travel aggregator MakeMyTrip has laid off 350 employees from its workforce.

#FinancialBytes: Five myths about SIPs that need to be busted

01 Jun 2020

#FinancialBytes: Five myths about SIPs that need to be busted

Mutual funds are one of the most popular investment choices, and Systematic Investment Plans (SIPs) are an excellent way to invest in mutual fund schemes conveniently.

COVID-19 outbreak: Reliance starts manufacturing 'affordable PPE' for frontline workers

01 Jun 2020

COVID-19 outbreak: Reliance starts manufacturing 'affordable PPE' for frontline workers

As the number of COVID-19 cases continues to spike in India, Reliance Industries is racing to manufacture protective gear for workers on the frontline.

Work from home: The new reality of the 'post-coronavirus world'

31 May 2020

Work from home: The new reality of the 'post-coronavirus world'

In the new "upside-down" world, masks and gloves have replaced hugs and handshakes. Courtesy coronavirus, there's uncertainty, fear, anxiety, and most importantly distancing.

#FinancialBytes: Five types of credit card frauds to know about

31 May 2020

#FinancialBytes: Five types of credit card frauds to know about

Credit cards play an essential role in our financial lives and are one of the most widely-used cashless payment methods.

#NewsBytesExclusive: How Myntra and Amazon's deliverymen are dealing with coronavirus

31 May 2020

#NewsBytesExclusive: How Myntra and Amazon's deliverymen are dealing with coronavirus

The coronavirus-induced lockdown and the battered economy spelled doom for e-commerce giants in the last two months. With little to no deliveries, they generated far less revenue, and the restrictions left hundreds of deliverymen in the lurch.

BookMyShow downsizes due to COVID-19, affecting 270 employees

28 May 2020

BookMyShow downsizes due to COVID-19, affecting 270 employees

In another big blow stemming from the outbreak of COVID-19, BookMyShow has laid off and furloughed over 18% of its workforce.

Happy hours no more: Coronavirus changed rules of eating out

28 May 2020

Happy hours no more: Coronavirus changed rules of eating out

As it crept slyly into our lives, coronavirus upset all the apple carts possible. Beyond the staggering number of people it has killed, the virus has also brought economies to a halt, affecting most sectors.

Trump to sign executive order targeting social media firms

28 May 2020

Trump to sign executive order targeting social media firms

US President Donald Trump will sign an executive order pertaining to social media, the White House has confirmed.

Twitter CEO responds after employee targeted for fact-checking Trump

28 May 2020

Twitter CEO responds after employee targeted for fact-checking Trump

When Twitter took the audacious step of debunking 'potentially misleading' tweets by President Donald Trump, a wave of criticism ensued, targeting one single man - Yoel Roth, the Head of Site Integrity at Twitter.

Ola Electric acquires Etergo to launch e-scooters in India

27 May 2020

Ola Electric acquires Etergo to launch e-scooters in India

Ola Electric Mobility, the EV unit spun out of ride-hailing giant Ola, has acquired Dutch electric scooter manufacturer Etergo.

Uber India fires 25% of its workforce: Details here

26 May 2020

Uber India fires 25% of its workforce: Details here

In another blow to the salaried section, Uber India has laid off 600 employees or nearly a quarter of its workforce in the country.

LG Poland's controversial video shows V60 can take upskirt shots

26 May 2020

LG Poland's controversial video shows V60 can take upskirt shots

In the race to promote their products, companies may end up making some blatant marketing errors.

Stuff, New Zealand's popular media group, sold for Rs. 46

25 May 2020

Stuff, New Zealand's popular media group, sold for Rs. 46

Stuff Limited, one of New Zealand's largest media organizations, is set to be purchased by its CEO for a single NZ dollar (61 cents).

Reliance JioMart now live across 200 Indian cities: Details here

25 May 2020

Reliance JioMart now live across 200 Indian cities: Details here

The lockdown enforced to contain the outbreak of COVID-19 has surged the demand for home delivery of essentials, giving a significant boost to the business of e-grocers like Bigbasket and Grofers.

2020 Samsung SummerFest Sale: Irresistible deals on best-selling smartphones

24 May 2020

2020 Samsung SummerFest Sale: Irresistible deals on best-selling smartphones

Samsung has kicked off its 2020 SummerFest in India, offering attractive deals and cashback offers on some of its best-selling smartphones.

Ford extends introductory price offer of Endeavour till July 31

23 May 2020

Ford extends introductory price offer of Endeavour till July 31

To attract new buyers and make up for the losses suffered due to the COVID-19 lockdown, Ford has extended the introductory price offer on the BS6 Endeavour in India till July 31.

Jio Platforms raises Rs. 11,367 crore from KKR: Details here

22 May 2020

Jio Platforms raises Rs. 11,367 crore from KKR: Details here

Jio Platforms, the company holding the telecom and digital businesses of Reliance Industries Limited (RIL), has raised Rs. 11,367 crore ($1.5 billion) from US-based equity firm KKR.

Amid coronavirus crisis, RBI extends loan moratorium till August

22 May 2020

Amid coronavirus crisis, RBI extends loan moratorium till August

Addressing the media on Friday, RBI Governor Shaktikanta Das said the central bank has brought down the repo rate by 40 basis points.

Now, Amazon will deliver food to your home: Details here

21 May 2020

Now, Amazon will deliver food to your home: Details here

Amazon is now venturing into the food delivery vertical.

Swiggy, Zomato launch alcohol delivery in Jharkhand: Details here

21 May 2020

Swiggy, Zomato launch alcohol delivery in Jharkhand: Details here

Zomato and Swiggy have finally started home delivery of alcohol.

Now, Zomato will warn about restaurants with fake reviews

21 May 2020

Now, Zomato will warn about restaurants with fake reviews

In a bid to improve its restaurant discovery experience, food-tech giant Zomato is updating its app with some small but useful changes.

General Motors will soon have a 'million-mile' battery

20 May 2020

General Motors will soon have a 'million-mile' battery

To double down on the electric vehicles' market, leading automaker General Motors (GM) is working to bring million-mile batteries.

Ola lays off 1,400 employees due to COVID-19 pandemic

20 May 2020

Ola lays off 1,400 employees due to COVID-19 pandemic

Following the footsteps of Uber, Zomato, and Swiggy, ride-hailing giant Ola has also announced the plan to conduct a mass lay-off, affecting around 1,400 of its employees.

'Facebook Shops' to take on Amazon in e-commerce: Here's how

20 May 2020

'Facebook Shops' to take on Amazon in e-commerce: Here's how

After launching several scattered features aimed at buying and selling products, Facebook is making a full-fledged move in the social e-commerce arena to take on players like Amazon.

Nearly 30% of Apple Stores will be operational this week

18 May 2020

Nearly 30% of Apple Stores will be operational this week

Apple has started re-opening its stores in different parts of the world.

How Uber plans to resume operations safely in India

18 May 2020

How Uber plans to resume operations safely in India

The fourth phase of India's lockdown has started with a particular focus on keeping the public safe while allowing select business activities like cabs and e-commerce deliveries.

Amid COVID-19, Swiggy lays off 1,100 employees

18 May 2020

Amid COVID-19, Swiggy lays off 1,100 employees

The economic fallout of COVID-19 continues to hit salaried employees, in a way no one could have imagined a few months ago.

Jio Platforms raises Rs. 6,598 crore from General Atlantic

17 May 2020

Jio Platforms raises Rs. 6,598 crore from General Atlantic

Jio Platforms, the entity holding telecom and digital businesses of Reliance Industries Limited (RIL), has raised Rs. 6,598 crore ($869.8 million) from US-based private equity firm General Atlantic.

#NewsBytesExclusive: Amid lockdown, Paytm employees made to forgo leave benefits

16 May 2020

#NewsBytesExclusive: Amid lockdown, Paytm employees made to forgo leave benefits

As businesses face the brunt of the coronavirus pandemic, employees at the tech firm Paytm have been made to forgo certain leave benefits.

Amid COVID-19, Zomato decides to fire 13% of its workforce

15 May 2020

Amid COVID-19, Zomato decides to fire 13% of its workforce

The economic fallout of the ongoing COVID-19 pandemic has started trickling down to salaried employees.

'The Chainsmokers' are investing $50 million in start-ups

15 May 2020

'The Chainsmokers' are investing $50 million in start-ups

The Chainsmokers are planning to invest in start-ups. Alex Pall and Drew Taggart of the world-famous electropop band have launched a venture capital firm called Mantis to back promising start-ups around the world.

Spotify is offering one-year subscription at Rs. 699: Details here

14 May 2020

Spotify is offering one-year subscription at Rs. 699: Details here

As 1.3 billion Indians remain under lockdown, looking for entertainment sources to spend quality time with their friends and family, Spotify is coming to the rescue.

Uber fired over 3,500 employees in a 3-minute Zoom call

14 May 2020

Uber fired over 3,500 employees in a 3-minute Zoom call

In a major shocker, Uber has fired more than 3,500 of its employees in customer service, recruitment through a Zoom call that lasted just over three minutes.

Why Sitharaman's stimulus package has left stock market unimpressed

14 May 2020

Why Sitharaman's stimulus package has left stock market unimpressed

Domestic stocks plunged on Thursday as the government's stimulus package to revive the economy left investors unimpressed.

Migrant workers to get free-food for next two months: Sitharaman

14 May 2020

Migrant workers to get free-food for next two months: Sitharaman

Addressing media for the second straight day on the economic package announced by Prime Minister Narendra Modi on Tuesday, Finance Minister Nirmala Sitharaman said today's announcement revolves around migrant workers, small farmers, street vendors, etc.