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Industry Updates:

  • Zoomcar hires FreeCharge's Rajesh Bysani as chief product officer

    Prior to Zoomcar, Bysani led product & growth functions at Snapdeal-owned online recharge & utility payments platform Freecharge for nearly three years.


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  • Walmart in advanced talks to invest $1Bn in Flipkart to take on Amazon

    Walmart, the world's largest retailer, would take a minority stake in Flipkart under the proposed agreement...


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  • IIMB director steps down as plea for extension rejected

    Indian Institute of Management (IIM), Bangalore, director Mr. Sushil Vachani demitted his office two months after he resigned from the post. .....


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  • Paytm appoints Alibaba's former executive Mr. Bhushan Patil as President

    Paytm, India’s mobile payment and commerce platform has appointed ex-head of Alibaba Group Holding’s wholesale business.....


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  • Hospitality and Tourism Industry Witnesses 30Pct Hiring Hike in the Last Six Months

    There’s good news for those people who are looking for a job in the hospitality and tourism sector....


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  • Government to share recruitment exams scores with private sector: PM

    In yet another labour friendly reform, Prime Minister Mr. Narendra Modi said scores obtained by candidates in recruitment examinations conducted by government....


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  • 59% recruiters expect new jobs to be created in January-June period: Naukri Hiring Outlook, 2016

    Nearly 60 percent of recruiters expect new jobs to be created in the January-June period....


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  • Uber India's Mahesh Bhalla quits in just 4 months

    Bhalla had joined Uber in May from QwikCilver, a gifting card solutions company backed by Amazon and Russian telco Sistema


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  • Alibaba hires ex-McKinsey exec Madhur Deep as Senior VP

    Alibaba has roped in former McKinsey and Goldman Sachs executive Madhur Deep to head its strategy and investment team in India.


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  • P&G India announced six-month leave for employees who adopt kids

    The Indian subsidiary of Procter & Gamble, the American multinational consumer goods company....


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  • Leading Indian B-schools, choosing domestic over Global Job Opportunities

    This year leading B-schools of India witnessed a rapid decline in global job opportunities....


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  • IISc ranked India’s best university; IIM-B tops B-School list

    The Indian Institute of Sciences (IISc), Bangalore was judged the best Indian university in a national ranking.


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  • Good news! Minimum pay under 7th CPC likely to be revised to Rs 20,000; award to come with increment bonanza

    The central government employees seeking revision of salary structure proposed under the 7th Pay Commission are likely to see around 19 percent raise on the minimum salary being drawn currently.


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  • Snapdeal to go on a hiring spree by year-end

    Delhi-based e-commerce company Snapdeal, which competes with Flipkart and Amazon, is planning to add 450 engineers to its technology and products teams by the end of this year.


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  • Flipkart loses one more top executive

    Yet another senior executive at Bengaluru-based e-commerce company Flipkart has resigned.


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  • Jet Airways jobs: Indian aviation major to hire over 50 foreign pilots

    Jet Airways is in the process of hiring over 50 expat pilots to fly its wide body B-777 planes....


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News & Events:

  • RBI Chief Raghuram Rajan faces ghosts of rupee's past

    The looming expiration of an emergency liquidity measure introduced during India's 2013 currency crisis comes at a risky time for the rupee....


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  • Facebook details how it uses your personal information

    In an effort to allay concerns over collection of human data for corporate research, social networking giant Facebook has published details.......


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  • Rupee falls to lowest since 2013 crisis, but traders unfazed

    The fall in the rupee to its weakest since September 2013 has left traders unruffled .....


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  • RBI to cut policy rate by 25 bps on Aug 9: BofA-ML

    Reserve Bank is expected to cut policy rate by 25 basis points in August meet as inflation at around 6 per cent.....


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  • New aviation policy: AirAsia India, Vistara to benefit from 0/20 rule

    The aviation sector is in for an overhaul and consumers are set to become the biggest beneficiaries of the civil aviation policy announced by the government on Wednesday.


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  • BankBazaar invests Rs 5 Cr in it's Singapore arm to capture overseas market

    BankBazaar is pumping about Rs 5 crore into its Singapore arm BankBazaar International as it looks to broaden its operations in the overseas markets


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  • Paytm to invest Rs 1,000 Cr to revive e-comm biz

    Paytm recently scooped up Rs 400 crore in a round led by Taiwanese chip maker Mediatek, and is also in the midst of raising another Rs 1,600 crore.


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  • Mutual funds equity folio rise by 3.65 lakh in April-May

    This is on top of an addition of 43 lakh folios in 2015-16 and 25 lakh in 2014-15. In the past two years, investor accounts increased mainly due to robust contribution from smaller towns.


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  • Narendra Modi govt increases investments in PSUs

    Narendra Modi government will ask profit making public sector units to buy the land and assets of perennially loss making central public sector units (CPSU).


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  • India key to global sales growth: Lenovo

    Chinese technology major Lenovo is betting on India to contribute significantly to its global growth even as smartphone sales slow down in its home market.


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  • Govt eyes bumper agriculture production on good monsoon hopes

    With the onset of South-West monsoon, the government expects sowing operations to gain momentum that will lead to higher production this year after two successive droughts.


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  • Apple acquires Hyderabad-based machine learning startup Tuplejump

    This deal comes a month after Apple acquired another machine learning company Turi. It had also bought deep learning company Perceptio in October last year.


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  • Pepperfry raises Rs 210 Cr from existing investors

    In this round, Pepperfry can also raise Rs 150-200 crore more in the next four weeks from new investors


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