Avishek Rakshit And Alnoor Peermohamed

Stories by Avishek Rakshit And Alnoor Peermohamed

SoftBank writes off Rs 3226 cr in Ola, Snapdeal

SoftBank writes off Rs 3226 cr in Ola, Snapdeal

Rediff.com   9 Feb 2017

The news of markdowns in the value of Ola and Snapdeal comes at a time when both companies are in talks with investors to raise fresh funds to take on deep-pocketed competition.

Desh Deshpande: He is building India's largest start-up incubator

Desh Deshpande: He is building India's largest start-up incubator

Rediff.com   7 Feb 2017

To promote entrepreneurship in India's tier-II and tier-III cities, Silicon Valley entrepreneur Gururaj 'Desh' Deshpande's Deshpande Foundation will open the sandbox in Hubballi. Alnoor Peermohamed reports.

Ola vs Uber: Drivers pay the price

Ola vs Uber: Drivers pay the price

Rediff.com   2 Feb 2017

While the cab aggregators offer incentives as they battle each other for more customers, drivers complain that their earnings have halved in the last six months. Alnoor Peermohamed reports.

Fly your name to the moon for Rs 500

Fly your name to the moon for Rs 500

Rediff.com   2 Feb 2017

Contributors to Team Indus project will have names etched on an object going to space.

iPhones for the classes and the masses

iPhones for the classes and the masses

Rediff.com   30 Jan 2017

Alnoor Peermohamed reports on Apple's two-faced strategy to grow its base in India without compromising on premiumness.

Kalyan Krishnamurthy: The man Flipkart is banking on

Kalyan Krishnamurthy: The man Flipkart is banking on

Rediff.com   27 Jan 2017

Alnoor Peermohamed & Raghu Krishnan find out why the new CEO is said to be the perfect man for turning around Flipkart's fortunes.

The Uber threat to Swiggy, Zomato

The Uber threat to Swiggy, Zomato

Rediff.com   24 Jan 2017

The ride-hailing company will soon launch UberEATS, which has been testing food and grocery deliveries since 2014, in India. Alnoor Peermohamed reports.

Why exactly did ICICI Bank block PhonePe?

Why exactly did ICICI Bank block PhonePe?

Rediff.com   17 Jan 2017

ICICI Bank says it blocked all UPI transactions made through PhonePe due to security concerns.

ICICI Bank blocks Flipkart's payment app

ICICI Bank blocks Flipkart's payment app

Rediff.com   16 Jan 2017

This is the second instance of mainstream banks blocking services to new-age digital payments companies.

Tiger Global gets into driver's seat at Flipkart

Tiger Global gets into driver's seat at Flipkart

Rediff.com   10 Jan 2017

The Bansals losing out operational control of Flipkart comes at a time when global rival Amazon, in which Tiger Global holds a minority stake, is stepping up investment in India in an attempt to overtake the Bengaluru-based e-commerce firm.

Sundar Pichai: Important to keep your dreams and follow them

Sundar Pichai: Important to keep your dreams and follow them

Rediff.com   6 Jan 2017

People with merit are valued; not just degrees from prestigious institutions, Google CEO tells students at his old college.

Foxconn eyeing Ahmedabad, Gurgaon to make iPhones

Foxconn eyeing Ahmedabad, Gurgaon to make iPhones

Rediff.com   2 Jan 2017

The Taiwanese maker is adopting a model of setting up smartphone assembly lines in multiple cities across India.

Note ban: In Assam's tea gardens cash is perennially in demand

Note ban: In Assam's tea gardens cash is perennially in demand

Rediff.com   29 Dec 2016

In the fifth of a six-part series on the impact of demonetisation, Avishek Rakshit senses a storm brewing over the 850-odd tea gardens in the north eastern state, which have a weekly and fortnightly payment cycle.

Will Uber win India? Or Ola?

Will Uber win India? Or Ola?

Rediff.com   15 Dec 2016

Tariff cap offers Ola relief in battle with Uber. Though it might hurt their earnings, Ola believes the Karnataka High Court's judgement levels the playing field with Uber.

Is Uber trying to invade your privacy?

Is Uber trying to invade your privacy?

Rediff.com   14 Dec 2016

Safe or not, the global taxi giant can now track you even after you have been dropped off.

Legion now hacks accountants' data

Legion now hacks accountants' data

Rediff.com   14 Dec 2016

The hacking group say they will release information on those who help mask the rich.

When did printing of Rs 2,000 notes actually begin?

When did printing of Rs 2,000 notes actually begin?

Rediff.com   12 Dec 2016

In the first of a four-part series, Business Standard takes a look at how a mint in Salboni, West Bengal, is working overtime to print currency notes.

When did the printing of Rs 2,000 notes actually begin?

When did the printing of Rs 2,000 notes actually begin?

Rediff.com   11 Dec 2016

In the first of a four-part series, Business Standard takes a look at how a mint in Salboni, West Bengal, is working overtime to print currency notes.

Unbelievable: Mumbai to Pune in 25 mins!

Unbelievable: Mumbai to Pune in 25 mins!

Rediff.com   7 Dec 2016

A pod-like vehicle, which can touch top speeds of close to 1,200 km an hour, will make this amazing feat possible.

Will they get their salaries on time?

Will they get their salaries on time?

Rediff.com   1 Dec 2016

With the first salary date after demonetisation around the corner, will India's labourers be able to take their hard-earned wages home?