Able Jobs raises $1.8 million seed funding from SAIF Partners & othersAble Jobs plans to use the funds raised to build training products for companies and expand to adjacent sectors like fast-moving consumer g...
20 Aug, 2020, 07.57 AM IST
Indian startups like Grofers, Zomato start restoring salaries after pay cutsWhile the country's economy has gradually begun to open up, albeit under a tight leash, the startups are beginning to reinstate the salarie...
20 Jul, 2020, 08.56 AM IST
$24 million funding takes Amica pre launch valuation to $70 millionA host of investors are banking on new age startups for bumper returns. The latest funding secured by Amica is backed by a list of institut...
04 Nov, 2019, 07.12 PM IST
Employees get the unkindest cut in Snapdeal 2.0 rebootMany employees are being asked to leave without notice on 1 month's salary and a month's severance package, as opposed to 3 mths severance ...
01 Aug, 2017, 10.19 AM IST
Snapdeal to slash office space in Gurgaon by over 60%The online retailer had moved to its Gurgaon campus less than two years ago when it leased a 4.5-lakh-sq-ft campus in Udyog Vihar to keep p...
25 Apr, 2017, 08.53 AM IST
Snapdeal to dole out up to 15% pay hike amid sell-off buzzFor senior management, the hike will be 9-12 per cent, but the company may offer 20-25 per cent raise to exceptional performers, they added.
12 Apr, 2017, 06.14 PM IST
Staff well-being top priority for the founders: Snapdeal CEO Kunal BahlEven as SoftBank, pushes for a sale of the online marketplace, Bahl has written to staff, reiterating that their well-being continues to be...
10 Apr, 2017, 06.11 AM IST
Softbank appoints Kabir Mishra to Snapdeal boardThe decision comes in the wake of Snapdeal hoping to hit profitability in the next two years as it undertakes a number of steps, including ...
20 Mar, 2017, 06.23 PM IST
SoftBank-backed Snapdeal's tale snaps; hands out pink slipsCompany spokesperson, in a written response, denied that it was shutting some of its offices, which sources said it was considering.
25 Feb, 2017, 10.52 AM IST
Snapdeal layoff row: Will CEO Kunal Bahl’s profitability gamble succeed?Daily shipments have dropped by half over the past month as Snapdeal restructures its operations and awaits a lifeline from primary investo...
24 Feb, 2017, 06.58 AM IST
To save company, Snapdeal bosses try Spicejet chief’s routeKunal Bahl and Rohit Bansal decided to forego their salaries to share the pain of the staff and lift their morale amid cost cuts and effort...
24 Feb, 2017, 01.38 AM IST
Having earned 50 crore each earlier, Snapdeal founders take a 100% pay cut to trim costsIn 2014-15, the founders received compensation of Rs 52.94 cr each, including salaries of Rs 1.5 cr and payment against founder stock optio...
23 Feb, 2017, 02.12 PM IST
Snapdeal to cut wage costs by over 60%This comes on the back of rising salaries and bonuses amounting to Rs 673 crore for the financial year 2015-16, compared to Rs 217 crore a ...
17 Feb, 2017, 12.52 PM IST
ET Awards 2015: High on passion, India Inc comes together for a memorable eveningPride, passion, conviction, hope and gratitude made for an effervescent brew as the winners of ET Awards for Corporate Excellence 2015 spok...
11 Jan, 2016, 04.04 AM IST
ET Awards 2015: How entrepreneurs like Uday Kotak and Kunal Bahl took India Inc to new heightsThe ET Awards are easily India’s top business accolades, and seek to celebrate visionary leadership and the promise of future greatness.
19 Oct, 2015, 07.45 AM IST
Snapdeal replaces yearly employee appraisal with trimester reviewsSnapdeal is replacing annual employee appraisals with trimester reviews, as one year becomes too long a period to evaluate staff performance
30 Jul, 2015, 10.12 AM IST
General Atlantic in talks to acquire stake in SnapdealSnapdeal close to sealing a deal to raise Rs 440-550 cr, in the process potentially snagging private equity investor General Atlantic Partn...
31 Jul, 2012, 04.47 AM IST