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ECOMMERCE HIRING
On a war footing, India Inc to ramp up festive hiring; temporary recruitment expected to rise 8-25% from last yearCompanies are gearing up for a stronger festive hiring season this year. Temporary recruitment is expected to exceed last year's levels sig...- Zepto may defer IPO; Festive carts go premiumHappy Thursday! A roadblock in valuation negotiations may prompt Zepto to delay its listing. This and more in today’s ETtech Morning Dispat...
- TCS-OpenAI deal takes shape; Paytm's AI betTCS has secured land in Vizag and Pune that could host OpenAI's first data centres in India. This and more in today's ETtech Top 5.
- FIFA World Cup final drives online sales for D2C brands and restaurantsOnline delivery platforms and restaurants experienced increased orders ahead of the FIFA World Cup final. Quick commerce apps offered disco...
- Udaan avoids bankruptcy, reaches agreement with offshore creditors to settle $178 million claimBlackrock, world’s largest asset manager has agreed to provide $45 million of fresh credit facility. The restructuring will also include up...
- TCS CEO on Q1 performance; B Capital on India’s IPO marketHappy Monday! TCS top deck told us that the coming quarters will see macroeconomic pressures ease and AI deals swell. This and more in toda...
- CarDekho joins IPO queue; Tech’s quiet job cutsHappy Thursday! CarDekho is finally hitting the accelerator on its long-planned IPO. This and more in today’s ETtech Morning Dispatch.
- Global creditors drag Udaan's parent to bankruptcy court in Singapore after $170-million bond defaultInsolvency petition filed this week, A&M appointed as liquidator of B2B commerce company. Ten year old co has seen valuations crash 70% as ...
- Talent twist: Silicon Valley's India story takes an unexpected turnThe prospective appointment of Kunal Shah to a leadership position at WhatsApp exemplifies an emerging pattern: Indian founders are increas...
- The operations network behind Amazon's play to become India's everyday storeAmazon is reshaping India's quick-commerce sector through significant investments in foundational infrastructure rather than merely focusin...
- Walmart investors reject AI workplace report as automation expands in the USWalmart investors on Thursday voted against a shareholder proposal asking it to report on how its use of AI is affecting the well-being of ...
- Corporate India closing interview doors to prying AIsIndian companies are actively combating AI misuse in job interviews. Firms like Deloitte and Deutsche Bank are implementing advanced monito...
- West Bengal tax body rejects Flipkart’s GST exemption model for delivery chargesFlipkart's bid to exempt delivery charges from GST by classifying itself as a Goods Transport Agency has been rejected by the West Bengal A...
- Amazon primes a Blinkit showdown; New insurance models prop upHappy Tuesday! Amazon's late but strong push into quick commerce is unsettling market leader Blinkit. This and more in today's ETtech Morni...
- Ecommerce companies go big on gig hiring for festive playE-commerce giants Amazon and Flipkart are driving a three-year high in seasonal hiring this festive season, creating half a million jobs. F...
- GoKwik appoints Amazon’s Pranav Merchant as head of operationsPranav Merchant has previously worked at Amazon, ICICI Prudential Mutual Fund and Aditya Birla Group in leadership roles and has led the op...
- Ecommerce hiring up 28% in 2021; 2022 likely to be even more promising: TeamLeaseThe ecommerce sector grew by 8% in 2020 and 30% in 2021. It is now poised to reach $111 billion by 2024 and $200 billion by 2026.
- Etailers dangle sops to woo delivery, warehouse hands ahead of festivalsAmazon, Flipkart, Ecom Express, Shadowfax, Swiggy, Transport Corporation of India and Pickrr are among those who are increasing manpower as...
- Ecommerce firms, startups to step up hiringAmazon said it would hire more from Indian campuses this year than ever before.
- Top talent leaving Flipkart in search of greener pasturesGrowth opportunities in new startups, fund crunch prompting top executives to exit ecommerce.
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