Rajeev Mehta, chief executive officer for IT services, explains to Business Standard that the company was faced with some client-specific issues, which led to this.
12,000: Number of people Flipkart plans to hire in FY15.
India has the second-largest user base for LinkedIn after the US. The US-based company, which has over eight per cent of its global user base of 332 million from India, is looking at expanding its product development team in the country, Michael Korcuska, vice-president of product management at LinkedIn told Business Standard.
Walking around InMobi's office, it is hard not to compare what you see here with the images one has seen of Google's global offices.
OlaCabs' hyper-growth and an ambitious plan to expand to 100 cities by the end of 2015 are perhaps what attracted Japan's richest man, Masayoshi Son, chairman of telecom and media group SoftBank Corp, to announce an investment of $210 million (around Rs 1,260 crore) in the company.
A company with a size exceeding $1 billion finds it really hard to innovate.
Vishal Sikka talks about his chemistry with N R Narayana Murthy and about his plans to strengthen the leadership team.
Bandhan expects to commence banking operations in 2015, by opening nearly 600 branches targeting 10 million customers.
Infosys has been struggling to revive high growth for two years.
Indian start-ups are waiting to spread red carpet for engineers to be laid off.
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Buyers complain about server errors, allege discounts were 'not real'.
In an email to customers they say 'Big Billion Day' sale today to eclipse all other multi-day festive sales.
At the very least, it will cost Infosys thousands of dollars to defend its position
'Big Billion Day' scheduled for October 6 is inspired by flat number where co-founders began their journey.
The chief executive of the e-commerce giant is making his second visit to India -- the first since Amazon entered this market.
It all started with Flipkart and Amazon trying to outdo each other - after Flipkart announced $1-billion fund-raising in July.
We are only 9-10 months into the turnaround exercise: Maran
Seems to reflect a maturing of the segment; Delhi-based Wingify buys US-based entity a day after Zomato's Polish buyout
While iPhone 6 and iPhone 6 Plus are being sold at $199-499 (Rs 12,100-30,400) with a two-year contract in the US, buyers in India are purchasing these at the grey market for a whopping Rs 100,000-200,000.
Retail giants are looking at Indian start-ups in the big data and analytics space
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