Marquee recruiters made premium offers, with consulting leading the pack by making 25.04% of the offers, followed by IT/ITeS (18.59%), e-commerce (10.55%) and BFSI (10.13%).
The withdrawal of offer letters is an indication that the company might have overestimated its future business after giving offer letters.
While festive season spends by consumers did contribute to the uptick seen in Q3, experts said greater aggression displayed by retailers to corner a larger share of the shopper's wallet also worked.
#BoycottSnapchat became top trending topic after its CEO was accused of calling India 'poor'
Flipkart's Sachin and Binny Bansal may have become the poster boys of the Indian e-commerce industry, but there are a host of others who are emerging from the shadows.
A 2014 study had ranked IITs as fourth among the top 50 universities globally, whose graduates were entrepreneurial.
Private equity firms invested about USD 3.7 billion across 133 deals during the first quarter of 2018 as compared to USD 7.3 billion by way of 200 transactions a year ago.
And it costs less than Rs 11,000!
Ola was supposed to expand to the Netherlands, Kenya, Dubai, Israel, and Brazil.
Since its launch in September, Ayushman Bharat has issued 20 million cards and has set an ambitious target to hit another 30 million within the next three months.
he 4G version of the device would compete with the likes of Lenovo's A6000.
Prominent e-commerce marketplace players include Amazon.in, Flipkart, Snapdeal, Paytm, Shopclues and Jabong
The government guidelines say online marketplaces must not influence the sale price of goods and services but experts say e-commerce majors categorise discounts under marketing expenses.
'The good news is the technology industry is creating a space for you somewhere else.'
According to CAIT, e-commerce policy should take within its ambit not only foreign players but also domestic ones.
After a group of young hackers beat companies that claim to spend a bomb on cyber security, Karan Choudhury reports on just how easy it is to exploit digital wallets.
The sale of Nature's Basket, Godrej's chain of food stores in west India, is the second exit by a big group in a year in the category
The company has tied up with five distributors this year.
These workers have been asked to undergo a 30-day performance improvement plan.
Ecommerce firms will have it tough as govt turns down FDI proposal.
If the Delhi HC order stays effective, Xiaomi would lose the fastest growing smartphone market.
Venture capital investments in India's start-ups nearly halved to $1.5 billion in fourth-quarter 2015
Indian online retailers have been raising funds to expand and compete with bigger rival Amazon.com Inc as more Indians shop on the Internet.
Xiaomi, which sells its phones exclusively through e-commerce website Flipkart.com in India, is looking to find a foothold in a market that has at least 80 different phone companies fighting it out for market share.
In December last year, Amazon invested over Rs 1,700 crore into its payments and wholesale business units in India, while in October it had infused over Rs 4,400 crore (more than USD 600 million) in its various units in India, including marketplace and food retail. Bezos last visited India in 2014 when he presented Amazon's Indian unit with a giant cheque for USD 2 billion. Since then, Amazon has pledged a further USD 3.5 billion to expand in the country and the USD 1 billion investment announced on Wednesday would take the total committed investment to USD 6.5 billion.
On Aug 28-31, an average of 1.5 mn e-filed tax returns a day, against IRCTC's daily average bookings of 600,000 & Flipkart's 100,000.
Sequoia Capital might emerge as leading global investor in start-up space in the country, as funds from other sources dry up.
Motorola has launched two new versions of its best selling phones, Moto G and Moto X.
Myntra expects to reach $100-million annual revenue.
The Samsung Galaxy Tab 7.7 DT-P6800, also known as the Galaxy Tab 680, has been launched in India, with the device listed on Flipkart at Rs. 33,571. The device runs on Android 3.2 Honeycomb, but will get an Android 4.0 ICS upgrade soon.
A section of Internet users mistook Snapchat to be Snapdeal and uninstalled the e-commerce app of the latter.
'Saying that Snapdeal is not doing well is beyond premature. Suggesting that someone has won or lost is myopic.'
'Shape up or ship out' message has been loud and clear across the new-age companies in the stressed market conditions
The lockdown that crippled the entire logistics, delivery and supply chain network to near zero, was enough to deal a body blow to India's fastest growing unicorn whose very business model saw a severe disruption, like several other firms and sectors.
IT, e-commerce firms to raise the bar in recruitment, packages.
However, in recent times, the clout that trader bodies such as CAIT and other organisations like Swadeshi Jagran Manch and Laghu Udyog Bharati has is steadily increasing. Earlier this year, trader bodies were able to convince the government not to extend the deadline for implementation of the new norms in FDI policy on e-commerce.
Ericsson claimed Xiaomi has violated HC order.
Today, India is one of the fastest-growing eCommerce markets in Asia/Pacific along with China.
There are umpteen cases where travel websites and airlines advertise tickets for unbelievably low prices, without mentioning taxes and other charges.
That makes it the best phone in Indian market for the price it's offered.
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