Articles by Shilpa S Ranipeta
Mukesh and Ankit said in the letter that all employees were paid full salaries for March, April and May, which is a massive burn totalling over $10M without any revenue from customers.
Wednesday, May 6, 2020 - 17:57
Flipkart saw an increase in search for consumer electronics, while home products and summer apparel were most in demand on Snapdeal.
Tuesday, May 5, 2020 - 20:27
In a conversation with Rahul Gandhi, Abhijeet Banerjee also suggested that the government could help MSMEs by cancelling debt payments for the quarter, instead of a moratorium.
Tuesday, May 5, 2020 - 13:32
This move has angered not just laid off employees, but also members of Cure.fit, who swear by these trainers to give them their money’s worth.
Monday, May 4, 2020 - 17:50
In a conversation with TNM, Sameer Raje, India Head, Zoom Video Communications talks about India’s growth, Zoom’s security issues and how he sees the competitive landscape.
Saturday, May 2, 2020 - 19:09
Amazon and Snapdeal have thanked government for allowing delivery in orange and green zones.
Saturday, May 2, 2020 - 13:01
Meanwhile, Reliance Industries announced a 37.2% decline in profit after tax to Rs 6,546 crore for the fourth quarter of FY20.
Thursday, April 30, 2020 - 20:12
The compensation for the company’s Board of Directors has been reduced by 30-50%.
Thursday, April 30, 2020 - 17:02
On April 1, India imposed an ‘equalisation levy’ where income generated by a foreign digital company in India will now be taxed at 2%.
Wednesday, April 29, 2020 - 20:43
Tamil Nadu may lose Rs 3,736 crore per month in VAT revenue, while Telangana is estimated to lose Rs 1,886 crore, Kerala Rs 1,551 crore and Karnataka Rs 1,186 crore.
Wednesday, April 29, 2020 - 11:49