Kurnool in Andhra Pradesh has got the biggest fulfilment centre in South India of Palred Technologies, which owns and operates LatestOne.com, an e-commerce portal specialising in mobile and technology accessories.
Budget hotel aggregator and marketplace OYO has dragged smaller rival ZO Rooms to the court over allegations pertaining to harassment and blackmailing to for fulfill unreasonable demands. The Softbank-backed company has filed the case in the Delhi High Court.
The booming e-retail market is likely to surge over twofold over the next three years, as players will be forced to shift their focus from discounts to consolidation, geographical diversification, business realignment and enhancing customer stickiness, says a report.
Payments platform PhonePe, a Flipkart Group company, is taking an FMCG-like approach to activate and grow the digital payments market in India.
Nasscom’s effort to reskill and upskill 4 million professionals certainly reflects good intentions. But some questions do remain on whether it can take this to the grassroots (schools and colleges), as the country looks to maintain its lead in IT.
Sadhguru Jaggi Vasudev, founder of Isha Foundation, has asked the IT industry to invest in ignorance — or, in things they don’t know — to explore new frontiers.
Upbeat on business prospects in India, Japanese technology major NEC Corporation plans to double its headcount in the country, while also finalising plans to set up an R&D centre.
H&R Block, a US multinational and global consumer tax services company, will set up its India Global Technology Centre at Technopark here.
Union IT Minister Ravi Shankar Prasad dispelled fears over automation taking over jobs and, instead, said it would create different kinds of jobs in higher numbers. Addressing newspersons at the Nasscom India Leadership Forum, Prasad said while technology would displace some jobs, it has the capacity to create more jobs.
Large Indian IT firms may be faced with the daunting challenges brought in by newer technologies even while seeking to maintain growth and profitability.