Archives for May 2020

Online auto classifieds portal CarDekho has laid off around 200 employees, and initiated pay cuts across the board, making the Jaipur-headquartered company the latest in a series of well-funded startups that have retrenched staff in the wake of the Covid-19 pandemic. The development was first reported by digital news publication Entrackr, citing sources and an […]

Happy Monday! Do you think it’s okay to designate executives as co-founders even if they haven’t technically founded the company? That’s the question ETtech asked on a Twitter poll. And nearly two-thirds of the respondents said it’s not okay to pick hired executives as co-founders. @samidhas Do you think it’s okay to designate executives as […]

Indian startups, including some unicorns, have accorded the coveted co-founder title to several executives who joined the company at later stages, underlining the importance given to experienced professionals as these firms scale. Food ordering platform Zomato did it for a second time when it elevated Mohit Gupta, the CEO of its food delivery business, as […]

Photo-messaging app Snapchat has seen significant growth in India business, and its daily active user base (DAU) in the country has jumped 120% year-on-year in March 2020, a senior company executive said. Speaking to PTI, Snap Inc Managing Director (International Markets) Nana Murugesan said the company has been expanding its team in India, which is […]

After facing criticism in handling the coronavirus pandemic, Mumbai has ramped up its critical care facilities. The Brihanmumbai Municipal Corporation has expanded healthcare capacity for Covid-19 by thrice in a span of just two weeks. Makeshift care facilities called ‘Jumbo’ centres have come up in the city’s suburban exhibition grounds to tackle the surge in […]

With the ‘new normal’ being to live with the virus, Amazon India is pushing its private brands to cash in on the growing demand for products like face shields, digital thermometers, sanitizers of mobile phones, PPE kits, disposable gloves, and DIY (do-it-yourself) smart sanitizer dispensers. Based on global sale patterns of best selling items, Amazon‘s […]

Political parties in Bihar are using digital platforms to stay in touch with their cadres ahead of the assembly polls. The ruling JDU’s senior leaders, including district presidents and MLAs/MLCs, have started using ‘Facebook Live’ to highlight the state government’s achievements, particularly the management of migrant workers at quarantine centres. “It was a good experience […]

Illustration: Rahul Awasthi Ecommerce majors Flipkart and Amazon are seeing a sharp recovery in sales as pent up demand for a range of non-essentials is restoring overall industry volumes lost during the nationwide lockdown to stall Covid-19. Brisk sales of smartphones, laptops, tablets, kitchen and home appliances– in the week since all items were permitted […]

The FMCG industry witnessed a sharp 34 per cent drop in sales in April due to mobility restrictions and supply side challenges during the lockdown, after registering single-digit growth in the first quarter, according to market insights firm Nielsen. The decline was mainly on account of lower sales in traditional retail channels such as grocers, […]

In order to reduce waiting time of patients for ambulances, the BMC has decided to make use of the technology platform of app cabs so that it can track the movement of government ambulances real-time and despatch them quickly where they are needed. Civic officials said operators of app-based cabs would provide the BMC with […]