Peerzada Abrar, Sai Ishwar

Stories by Peerzada Abrar, Sai Ishwar

Byju's buys edtech start-up Whitehat Jr for $300 million

Byju's buys edtech start-up Whitehat Jr for $300 million

Rediff.com   7 Aug 2020

Bajaj sold his 18-month-old start-up WhiteHat Jr to Byju Raveendran for $300 million in an all-cash deal - over the video conferencing platform Zoom. The deal is the biggest in the Indian edtech sector by far.

Myntra buys Deepika Padukone's fashion brand 'All About You'

Myntra buys Deepika Padukone's fashion brand 'All About You'

Rediff.com   6 Aug 2020

As part of the next step, Myntra plans to popularise the brand further by making the collection accessible to customers in unexplored markets in India.

With OCEN, small businesses have access to instant loans

With OCEN, small businesses have access to instant loans

Rediff.com   6 Aug 2020

The protocol aims to "democratise" lending, reduce costs of credit, and ensure accessibility of credit to small companies and street vendors, according to Nandan Nilekani.

Despite COVID crisis, this fintech is offering 10-12% salary hikes

Despite COVID crisis, this fintech is offering 10-12% salary hikes

Rediff.com   31 Jul 2020

Niyo is also offering bonuses and ESOPs, taking the total stock grants to over Rs 100 crore for all eligible employees.

India's top IT firms' headcount drops first time in a decade

India's top IT firms' headcount drops first time in a decade

Rediff.com   28 Jul 2020

By the end of the June quarter, the top four - TCS, Infosys, Wipro and HCL Tech employed 10,15,000 employees - down by 9,144 employees over the previous quarter.

Indian start-ups shun China, turn to US firms for fund

Indian start-ups shun China, turn to US firms for fund

Rediff.com   27 Jul 2020

India's shift towards US companies for technology investments and partnerships fits well with the present government's 'Atmanirbhar Bharat' and 'Make in India' initiatives, say experts.

Clones of banned Chinese apps return to mobile phones in India

Clones of banned Chinese apps return to mobile phones in India

Rediff.com   27 Jul 2020

After India banned 59 Chinese apps last month, at least three more China-based video apps - Snack Video, Likee Lite, and Zili - have now made it to the list of top 10 downloaded apps in India on Google Playstore.

Paytm to launch stock-broking services soon

Paytm to launch stock-broking services soon

Rediff.com   24 Jul 2020

Paytm had received the approval for brokerage services from market regulator Sebi in January this year.

How TCS plans to make WFH its mantra

How TCS plans to make WFH its mantra

Rediff.com   21 Jul 2020

'At any given point in time, we expect only 25 per cent of our workforce will need to be in office.' 'And any given person will only be required to spend only 25 per cent of their time in office.'

Medlife, PharmEasy eye $200 million merger deal

Medlife, PharmEasy eye $200 million merger deal

Rediff.com   21 Jul 2020

There are several discussions going around in the e-health sector for consolidation with key players being PharmEasy, 1mg, Medlife and Netmeds. According to reports, Reliance Jio is in talks with Netmeds to acquire the latter.

Robots to the rescue in times of coronavirus

Robots to the rescue in times of coronavirus

Rediff.com   19 Jul 2020

From scanning hospital entrants to disinfecting hospital areas and floors, robots are being roped in for tasks considered high-risk, says Peerzada Abrar.

Can TikTok beat the swadeshi brigade and come back?

Can TikTok beat the swadeshi brigade and come back?

Rediff.com   12 Jul 2020

TikTok is up against not just government sanction but also a set of feisty home-grown brands that have raised the 'vocal for local' banner to stake claim to the platform's vast small-town reach, point out T E Narasimhan and Sai Ishwar.

TCS to resume hiring outside talent

TCS to resume hiring outside talent

Rediff.com   11 Jul 2020

The Mumbai-headquartered company, however, said it would selectively hire experienced employees from outside.

E-com cos told to display 'country of origin' on all products

E-com cos told to display 'country of origin' on all products

Rediff.com   9 Jul 2020

The development comes amid a growing clamour for the boycott of Chinese products in India, combined with the government's push for Aatmanirbhar Bharat.

Drones still can't deliver packages even in green zones

Drones still can't deliver packages even in green zones

Rediff.com   8 Jul 2020

Use cases for drones are, however, immense - industrial inspections, geospatial surveys, agricultural surveys, and general surveillance and security.

Byju's enters the tuitions classes game

Byju's enters the tuitions classes game

Rediff.com   8 Jul 2020

Students may choose between weekday and weekend batches, and attend scheduled online maths and science classes based on their school curriculum.

It's reverse brain drain! Start-ups woo talent returning to India from US

It's reverse brain drain! Start-ups woo talent returning to India from US

Rediff.com   6 Jul 2020

Indian start-ups and software product companies are trying to attract engineers and programmers who are either stranded in India because of the lockdown or H-1B visa holders who have been laid off.

Ban on Chinese apps: Will Indian players' dream run continue?

Ban on Chinese apps: Will Indian players' dream run continue?

Rediff.com   2 Jul 2020

The idea behind starting Chingari is not to build a TikTok clone but to position itself as a super app for India like WeChat.

Chinese app ban: Indian start-ups face a major hurdle

Chinese app ban: Indian start-ups face a major hurdle

Rediff.com   2 Jul 2020

According to experts, the banning of the apps has created negative sentiments and reduced the confidence among the Chinese investors to invest in India.

India's Chinese app ban may hit their valuations

India's Chinese app ban may hit their valuations

Rediff.com   1 Jul 2020

The banned Chinese apps, which include TikTok, Shareit and UC Browser, earn revenue mainly from online advertisements, subscriptions, and commissions for selling products. India is the biggest driver of these Chinese apps due to the population. The ban on the 59 Chinese apps will negatively affect the valuations of the companies, especially those going for IPO.