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Mergers: The road to success for the e-commerce industry

Experts have long believed that 2016-17 will witness a large number of mergers and acquisitions in the startup industry and the recent merger of Goibibo with Make My Trip has only corroborated this supposition. Indeed, the corporate appetite for mergers and acquisitions has increased...

Why e-grocery firms are walking the path of doom

With funding coming down and valuations being slashed, a number of start-ups in the country are struggling to meet their hiring commitments. All have been aggressively recruiting top talent - including big-ticket Silicon valley veterans - with the millions of dollars...

Grofers to lay off 10 pc staff, revokes job offers

Grofers India Pvt. Ltd, the grocery delivery start-up funded by Softbank Corp. and Tiger Global Management, will lay off 10 per cent of its workforce, even as it revoked job offers to fresh graduates, citing adverse market conditions. On Tuesday,...

Top notch startups that deferred joining dates of campus recruits

Hiring, Firing and Now Deferring At a time when various e-commerce startups, and the sector as a whole, has been going through a turbulent spell, deferring joining dates of top B-School graduates has sent shockwaves across the industry, forcing institutes to...

Flipkart effect: Startups may lose sheen in job market

Darling of jobseekers till recently, the startup space may lose some sheen in the job market as management and tech graduates might prefer joining safer companies after the Flipkart fiasco, say experts. According to a PTI report: The e-commerce major...

Flipkart zooms ahead of rivals; to sell cars, auto parts online

Flipkart, the online retailing portal has taken the opportunity to trade automobiles and accessories. It has entered into a tie up with CarDekho and CarTrade and will now sell motorcycles, scooters and cars on their e-tailing portal. Vice-president electronics &...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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