July 28th, 2017Kunal Bahl comments on the sale of Freecharge to Axis Bank, says it will provide Snapdeal the “necessary boost in resources” to continue its e-commerce journey.
Just hours after the deal was announced, Bahl wrote to employees seeking to assuage concerns saying Axis Bank intends to not just retain all Freecharge employees but…
July 20th, 2017Tech investor T V Mohandas Pai today said business-to-business startups are coming forth in a “big-way” despite difficulties in running them when compared to business-to-consumer startups.
Quoting a report, he said there are 20,000 startups in India and 90 per cent of them are B2C, because they are started by young people barely out…
July 16th, 2017There are “amazing” growth opportunities for start-ups in the health care sector in India in terms of technology and patient-centric solutions, CEO and co-chairperson, Dr Reddy’s Laboratories, G V Prasad has said.
“Amazing opportunities (are there), both in terms of science, technology as well as patient-centric solutions, using…
June 18th, 2017Super 30 founder Anand Kumar today said he has plans to expand the programme to provide online coaching to meritorious students from across the country soon.
“I have plan to launch Super-100 to enroll 100 meritorious class X pass out students from across the country to provide them coaching online,” Kumar told Pixr8 today.
The online…
May 26th, 2017Founder Chairman of Infosys N R Narayana Murthy today expressed sadness over the IT companies laying off their employees as part of their cost cutting strategy.
“…It is sad…,” Murthy told in an email reply to a Pixr8 query about recent IT layoffs. Murthy, however, did not elaborate on the matter.
Infosys had announced that it…
May 1st, 2017Yoga guru Ramdev said today that Patanjali Ayurveda, promoted by him, will steal the march over multinational firms manufacturing consumer products.
Comparing them to the East India Company that had entered the country with a purpose to “loot”, Ramdev said that he aims to make India free from the MNCs.
He said that the MNCs here…
April 30th, 2017As the US under President Donald Trump turns more protectionist, telecom czar Sunil Bharti Mittal asked if India should say no to Facebook and Google just because it has similar homegrown apps.
Not overly concerned about protectionism as his business is “rooted in the domestic market”, Mittal highlighted that it is unfair that…
April 29th, 2017Global e-commerce major Amazon will keep investing in the Indian market to strengthen technology and infrastructure as it looks to overtake local rival Flipkart.
The US-based company has already committed investments to the tune of $5 billion in India.
“Our India team is moving fast and delivering for customers and sellers….
April 23rd, 2017Patanjali Ayurveda’s Co-Founder and CEO Acharya Balkrishna on Thursday announced that the company is planning to expand globally in the near future, while addressing a ‘Made in India – Food Buyer Seller Meet’ organised by the Federation of Indian Chambers of Commerce and Industry (FICCI) and Agricultural and Processed Food Products…
April 13th, 2017To transform India’s economy, there is a need to reduce “friction” in businesses and create an “environment” wherein the government has more trust in its entrepreneurs, Infosys founder N R Narayana Murthy has said.
For the transformation of the Indian economy, he said it is essential for the younger generation to be daring and that…
April 9th, 2017Locked in an intense battle with Amazon, homegrown e-commerce major Flipkart is looking at re-entering the grocery segment that accounts for a significant portion of Indias retail industry.
“Yes we will get into grocery… 80 per cent of units bought in India is grocery… USD 400-600 million is grocery market, so we have to get into…
