Flipkart co-founder Sachin Bansal on Friday took pot shots at Snapdeal saying India should not be blamed for the latter's failure to hire "great engineers".
'Shape up or ship out' message has been loud and clear across the new-age companies in the stressed market conditions
The competition between app-based taxi services has led to a drop in prices and more choices for customers.
The poor attitude of the rickshaw and taxi drivers is a major reason why Ola and Uber are easily breaking into markets like Mumbai.
.jpg)
The duo allegedly kidnapped the girl by forcing her into a taxi and drove her to the Park Circus flyover where they took turns to rape the minor inside the vehicle.
He was illegally probing a 2014 Delhi rape case using the victim's medical records to find out if it was a ploy by Ola to sabotage Uber's operations
The drying up of funds for a number of start-ups is affecting the firms' unicorn status across the globe. The past six months have seen the valuations of 147 unicorns drop, of which 71 were from the US and 29 from China, according to the latest Hurun Global Unicorn Index 2022. Eighty-one unicorns from across the globe saw their valuations drop below $1 billion-the threshold for a start-up to be labelled unicorn-from last year.
Ironically, amid these struggles, interest in these taxi services has grown, as concerns over women's safety have escalated.
Yuri Milner is focussing on on consumer-driven Internet start-ups.
Nikesh Arora has an engineering degree in electronics and worked for a brief period at Wipro, selling computers.
Anita Aikara/Rediff.com revisits her father's ancestral house in the backwaters of Kerala and shares some pics from her trip.
How much do you know Russian billionaire Yuri Milner, who has invested $ 100 million in a project to find extra-terrestrial life?
Byju's has emerged as the leader in the Indian education-tech sector. They are pioneering technology shaping the future of learning for millions of school students in India.
His tryst with investing in start-ups began when his juniors started approaching him for guidance and capital.
Half a dozen names are doing the rounds as replacement for Cyrus Mistry as the chairman of the Tata Group.
Home-grown taxi booking companies which have a business model similar to Uber's might have stricter security norms imposed on them.
Over the past week, several unusual partnerships among start-ups, traditional businesses and hospitals have been announced, and several more are likely to materialise soon. The trend could see increased importance of gig workers, who are taking considerable risk to deliver goods to people in the time of a pandemic.
Internet entrepreneurs are the next big thing in India.
The day-long statewide strike called by the Mumbai Autorickshaw-Taximen's Union, the largest auto union in the city, began from midnight demanding ouster of call centre-operated Uber and Ola cabs besides revocation of Maharashtra government's decision to scrap the Hakim panel on auto and taxi fares.
The US-based start-up developed a machine learning system that uses sensors in smartphones.
Passengers complained that they had to wait a long time for Ola and Uber cabs, and added that those were available at inflated rates.
The grievance redressal mechanism of many big e-commerce players is not up to the mark as the number of complaints received by the National Consumer Helpline has risen sharply over the last four years, Consumer Affairs Secretary Rohit Kumar Singh said on Thursday. Addressing an event organised by the Public Affairs Forum of India (PAFI), Singh said the number of complaints registered on the National Consumer Helpline (NCH) has gone up to 90,000 in November compared to 40,000 in the same month last year. "Four years back, the number of complaints pertaining to e-commerce transactions was 8 per cent of the total complaints.
The victim of the harassment wrote a Facebook post narrating her ordeal, which has since gone viral.
There is an overwhelming sentiment among techies and entrepreneurs from the Silicon Valley who are eager to welcome Modi over the weekend.
Several activists of pro-Kannada organisations were also whisked away by the police at Town Hall, as they gathered there to stage a protest.
Meru Cabs is in talks with Chinese e-commerce giant Alibaba.
For the four new players, the spike in wealth is 126 per cent.
100,000 cabs and 45,000 autorickshaws would be plying on the Delhi-NCR routes to handle the rush.
With a report on Uber by the International Consortium of Investigative Journalists (ICIJ) opening a Pandora's box, the company is in a damage-control mode. Distancing itself from the actions of its management pre-2017, Uber, while acknowledging the "mistakes" of the past, has said that under CEO Dara Khosrowshahi, it "is a different company". "There has been no shortage of reporting on Uber's mistakes prior to 2017.
Total exit value breached the $10 billion mark for the first time to touch $10.3 billion this calendar, from $9.4 billion in 2015
The benefit offered under small-ticket insurance may not be huge, but it is better to have cover, suggests Sarbajeet K Sen.
Hyundai, which is also toeing Maruti's lines, said special schemes are offered to engage the cab aggregators, including annual-maintenance-contract packages and extended warranty.
The Indian arm is the second largest unit for the company, crosses 500 mn trips milestone
Under Nikesh Arora's leadership, SoftBank has made several investments in India in a short span.
Don't believe us? Then listen to the expert. Harish Rao dispels myths about Ola and Uber's dynamic pricing model and explains why government interference in it finally hurt us, the rider.
Uber Technologies said it is doing a fresh round of recruitment for its India tech centres and is planning to hire 500 more tech employees by December. The app-based mobility and delivery company has a 1,000-member tech team across its centres in Hyderabad and Bengaluru. The firm said the hiring plan is a testament to Uber's commitment to India, and its recognition of the engineering talent in the country. Uber hired 250 engineers to its India teams in 2021.
Rediff readers share their experience about taxis and autorickshaws in India.
Foodpanda delivery executives were assured they could make Rs 50,000. There were promises made on surge and demand. But the demand never kept up with the supply.
The amendment comes within a month of web-based taxi companies being banned in Delhi, after a taxi driver on Uber's network allegedly raped a finance executive early this month.
Myntra expects to reach $100-million annual revenue.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances