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MYNTRA SEVERANCE PAY
Myntra consolidates Gurugram satellite ops with Bengaluru HQ leading to some transfers & layoffs: SourcesMyntra is consolidating its Gurgaon operations into its Bengaluru headquarters, relocating some roles and implementing layoffs with severan...- TCS CEO’s pay hike; L Catterton’s India fundIT major TCS paid Rs 26.5 crore in remuneration to CEO and MD K Krithivasan in FY25. This and more in today’s ETtech Top 5.
- Zomato is finally Eternal; TCS rolls out variable payZomato will now be officially called Eternal. This and more in today’s ETtech Top 5.
- Startups, ecomm firms rush to hire engineering graduatesZomato, Flipkart, Ola, Meesho, Gameskraft, HiLabs, Roombr, Myntra, PhonePe, Quicksell, Indus Insights, Groww, WinZo, Cars24, Battery Smart ...
- Credit card rule change: Axis Bank cuts cashback, rewards on Flipkart Axis Bank credit card from this dateStarting from August 12, 2023 the Axis Bank has reduced select cashback and reward points on Flipkart Axis Bank credit cards. Here is all y...
- Tata Digital starts testing UPI payments in closed user groupTata Digital is set to launch the super app for all consumers on April 7.
- 'Nightingale has flown, the melody remains.' Amul, Paytm, Myntra pay tribute to iconic singer Lata MangeshkarThe last rites of Mangeshkar were conducted at Shivaji Park with full state honours.
- Tata Digital to invest in Curefit, appoints Mukesh Bansal as presidentThe Tata-Curefit deal comes close on the heels of Tata Digital completing the acquisition of BigBasket and making a play for online pharmac...
- Flipkart CEO reassures staff, says will honour all job offersIn a virtual townhall, Flipkart CEO assured over 6,000 employees that Flipkart was “financially healthy”.
- Paytm takes a dig on PhonePe over Yes Bank restrictions"Inviting you to @PaytmBank #UPI platform. It already has huge adoption and can seamlessly scale manifold to handle your business. Let's ge...
- PayPal India FY19 loss up to Rs 8.13 crore as revenue doublesThe gross expenditure for the fiscal year came at Rs 660.26 crore up from Rs 260.80 crore in the year ago period, the company’s annual prof...
- Private brands businesses of e-tailers under scannerThe government has started scanning digital payments business of ecommerce giants Amazon & Flipkart. DPIIT has asked questions like the tot...
- How Myntra, Paytm and other startups are driving gender diversity agendaMyntra and Paytm and other new-age companies like Urban Ladder, Go-Jek, Jugnoo and ShopClues are also putting in place various initiatives ...
- MobiKwik partners with Bhopal smart city initiative for paymentsThe tie-up will enable residents of Bhopal in paying taxes and bills for utility services such as electricity and water, digitally, MobiKwi...
- Flipkart-owned Myntra pips Snapdeal and Future Group, acquires Jabong for $70 millionThe transaction caps months of seesawing talks between Global Fashion Group and Kinnevik, the owners of Jabong, and multiple Indian suitors.
- Myntra to remove 200 low-selling brands, to focus on larger brandsOnline retailer plans to focus on larger brands with higher traction after pruning 10% of its fashion labels; more delisting expected is in...
- With startups disrupting traditional office spaces, the office is the new social networkGoogle, which has offices in locations as diverse as a garage in Menlo Park and a farmhouse in Denmark, is taking the concept to the next l...
- E retailer's fight for buyers drives sales at couponing sitesA less exploited marketing tool, these deal buying and couponing sites have seen revenue rising around 500%.
- E-commmerce ventures like Flipkart, Snapdeal and Myntra scout for people with entrepreneurial experienceThese days, drive, risk-taking ability that entrepreneurs possess are being regarded as high-value attributes by India's top online retail ...
- Flipkart-Myntra deal makes financial sense for the investorsBringing together India’s largest online retailer and the country’s hippest fashion portal makes financial sense for the investors, and als...
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