When most of us are spending approximately 10 hours at work, every day, offices ought to be our second homes. Irrespective of what organisation you work for, every office is getting smart so that the second home feels equally comfortable and secure, says Yash Mehta, an IoT and Big Data Science specialist. As per a report, […]
Archives for February 2020
Quess who’s India’s largest private employer?
Next time you see an Amazon delivery executive in your locality or walk into a Samsung store for after-sales service, you will probably be dealing with an employee of Quess Corp — a company you most probably haven’t heard of. Going by its latest quarterly filing, the Bengaluru-based company, which provides staffing solutions for some […]
Google admits it sent users’ private videos to strangers
Google has admitted it accidently sent private videos of some users of its Google Photos service to strangers, blaming a technical glitch behind the incident. Google alerted the affected users via an email but did not disclose the amount of individual videos that were distributed incorrectly per account, reports 9to5Google. Google fixed the issue, saying […]
Flipkart shuts down Jabong for Myntra push
Over four years after acquiring Jabong for $70 million, Walmart-owned Flipkart has formally closed its operations to shift focus completely on its premium fashion platform Myntra for its apparel business. As part of the move, Jabong’s flagship portal and app are being redirected to Myntra’s shopping window. Experts said the move will help Flipkart consolidate […]
Streaming players sign up to form complaint council
Video on demand players Hotstar, Jio, SonyLIV, Network18 and Eros have signed up to form an independent adjudicatory council to resolve consumer complaints, a step some streaming platforms have termed as increased censorship, regressive and unnecessary. The Digital Content Complaint Council (DCCC) will be led by a retired judge and have representation from government bodies […]
Will take learnings from India to take Google Pay global: Pichai
Google will take learnings from its successful Google Pay platform in India to other global markets, Alphabet CEO Sundar Pichai said. Alphabet is the parent company of Google. “We’ve had a lot of traction with our payments product over the past 18 months. We had a tremendously successful launch in India from which we learned […]
Shein’s importer Sino India Etail withdraws plea against Customs
Sino India Etail, an importer for Chinese apparel and lifestyle brand Shein, has withdrawn a petition that had challenged the seizure of hundreds of its packages and the sealing of its warehouse in Mumbai by the Customs department. The company withdrew the writ petition filed in the Bombay High Court against the Office of the […]
Zomato lets go of exclusivity for cloud kitchens
Zomato haswithdrawn exclusivity rights for restaurants operating out of its cloudkitchen facility, according to six brands using the service and emails seen by ET.The move — which essentially allows these restaurants to list on rival platforms such as Swiggy — underlines a major shift in strategy for Zomato, which had pegged exclusive supply on its […]
Paytm to monetise offline merchant base; plans to cut losses by half: CEO
Vijay Shekhar Sharma Financial services and commerce platform Paytm plans to cut annual losses by half over the next two years, CEO Vijay Shekhar Sharma told ET. This will be done by monetising its offline merchant base, scaling its merchant network, and rolling back on discounts across businesses, he said. The SoftBank and Alipay-backed company […]
Final rules determine maximum vehicle values
The IRS updated the fleet-average and vehicle cents-per-mile valuation rules described in Regs. Secs. 1.61-21(d) and (e), respectively, to align the limitations on the maximum vehicle fair market values (FMVs) for use of these special valuation rules with recent statutory changes made to the depreciation limitations in Sec. 280F (T.D. 9893). The regulations finalize, without […]