Social media platform Meta has appointed Vikas Purohit as Director of Global Business Group in India to lead the strategy and delivery of the charter that is focused on the country's leading advertisers and agency partners, the company said on Monday. Purohit will report to Arun Srinivas, director and head of ads business for Meta in India, it said in a statement. "I am thrilled to welcome Vikas as he joins our team to shape the role that Meta platforms can play in enabling businesses, supporting India's economic growth, and building the digital advertising ecosystem of the country," Srinivas said.
Meanwhile, the drivers' union rejected the initial probe report alleging "external influence".
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Three senior executives have resigned from Byju's at a time when the most valuable edtech company has been trying to address challenges such as due diligence issues, legal battles with lenders, challenges in raising fresh capital, and a markdown in its valuation by investors. Prathyusha Agarwal, the chief business officer of Byju's, has quit, according to sources. They said Himanshu Bajaj, business head of Byju's tuition centres, and Mukut Deepak, business head for Class 4 to 10, have also moved on.
India Inc is gearing up for a slugfest this year and from tech to paints, new battlegrounds are emerging, observes Indrajit Gupta, co-founder, Founding Fuel.
The Tata group on Thursday launched its super app, Tata Neu, bringing all its brands in one platform as it seeks to play a major role in the Indian ecommerce space currently dominated by the likes of Amazon and Flipkart.
Shivani Shinde reports. The youngest member of the Tata group, the much-awaited Tata Neu, has finally been launched for people across the country. The 'super app' offers a number of services ranging from financial services to tech, travel and even groceries. The app takes off with a customer base of 120 million, with 2,500 offline stores. According to the Tata group, the app will be a one-stop destination for all consumer needs. The super app also offers a bouquet of financial offers like Unified Payments Interface (UPI), bill payments, loans and insurance. Tata Neu will also provide other services like fashion, gadgets, groceries, travel and health.
The e-tail venture plans to initially offer apparel, electronics and footwear products.
Only India is anticipated to witness better growth momentum among the BRIC bloc
Indian economy's growth is expected to be "below trend" even as neighbouring China and most of the developed nations are expected to see better prospects, according to Paris-based think tank OECD.
The Organisation for Economic Cooperation and Development is a grouping of 34 countries.
India's growth is "firming up" while most of the major economies, including China and the US, are seeing stable momentum.
The latest reading from the Organisation for Economic Cooperation and Development comes amid rising concerns about India's growth prospects on account of the falling rupee and relatively sluggish investments.
The readings, for the month of October, are based on Composite Leading Indicator that are designed to anticipate turning points in economic activity relative to trend.
As India's online population crosses 450 million, e-commerce ventures are trying to grab a pie of online sales estimated to hit $48 billion by 2020.
Technology-enabled business solutions firm Take Solutions on Monday announced the acquisition of New Jersy-based data warehousing and business intelligence company cliMetrics for $3 million in a stock-cum-cash deal.
India's CLI has been on the rise since October 2014.
Robin Williams hanged himself following a lifelong battle with depression, leaving score of fans and admirers bereaved.
The numbers in India may not be as big but the opportunity for serious growth is all there.
According to media reports, the British radical who killed American journalist James Foley has been identified. The killer, who spoke in a British accent, claimed that it was in retaliation for American airstrikes on the Islamic State of Iraq and Syria.
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Indian economy is seeing signs of upward momentum helped by gradual reduction of inflationary pressure though the country's growth still remains "relatively weak", according to Paris-based think tank OECD.
Forget the medals, or the missed chances. Take a look at the best celebrations during the Glasgow Commonwealth Games here...
Spain mourned the national football team's stunning loss to Netherlands in their World Cup opener on Friday with words such as 'humiliation' and 'nightmare' splashed across the front pages of newspapers on Saturday.
To think that a legendary comic, who was known to bring the house down with his sparkling wit and extraordinary sense of humour, would be battling depression in real life, is beyond us. Here is a peek into heartwarming moments from the late acting stalwart Robin Williams' extraordinary life.
Here's what your favourite Bollywood celebrities are tweeting.
The project will see remote management of all the utilities from a single city command.
After the successful launch of the monorail project in Mumbai on Sunday, Tamil Nadu is gearing up to implement a similar project in Chennai.
Emotions run high at the World Cup and tears and cheers are in full view as footballers strut their stuff on the field. Rediff.com snaps fans as all their emotions lay bare in Brazil.
On Friday, India gave its verdict and Narendra Modi it was. The prime minister-in-waiting addressed his first rally in Vadodara from where won by a whopping 5.7 lakh votes, a record margin, he claimed. Here are 10 takeaway quotes from the historic speech.
India's economic growth is gaining momentum, Paris-based think tank OECD said on Monday amid the new government initiating various measures to bolster the economy.
Here's what your favourite Bollywood celebs are tweeting.
The fairer sex in India is ahead of men when it comes to capturing intimate moments on video or sending personal text messages, e-mails and photos, security software maker McAfee has said.
CLIs, which include various parameters, are designed to anticipate turning-points in economic activity relative to trend.
Let's take a look at some of the markets that saw biggest increase in residential property prices.
A third-party brand valuation is signalling an imminent threat but analysts say impact on the business is still some time away.
. While Samsung has managed to shake Apple with its big-screen smartphones priced competitively, many still pledge their allegiance to Apple.
In his speech at the Morehouse College Commencement Ceremony in Atlanta, Georgia, Obama asked the young people of his country to work hard.
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