Swiggy’s Rs 10 Platform Fee Experiment: A Bite Out of Budget-Friendly Customers in India?

Swiggy will soon introduce a platform fee of Rs 10, a jaw-dropping increase of over 3X from the current Rs 3 levied on most customers in India. The online food and grocery delivery firm has already begun teasing this...

Internships in India Surged 1000x: Nearly 50% of Companies Offer “Virtual” Internships!

In a remarkable explosion of career opportunities, Indian students have found themselves amidst an unprecedented surge in internship openings over the past few years. Notably, the year 2023 witnessed a staggering 200% increase in internship opportunities in Indian companies...

Sony Zee Merger Called Off: Zee Refutes Sony’s Allegations, $90 Million Termination Fee Charges, Explores Legal Options!

Zee Entertainment has officially declared its intention to pursue legal action against Sony Group. This strategic move comes in response to Sony's unexpected termination of their planned merger, which was set to establish India's largest broadcasting entity. Sony Group...

Happy Birthday James Watt: The Forefather Of Industrial Revolution

James Watt, a scientist, inventor, and visionary, demonstrated unwavering faith in his ventures despite encountering substantial financial, time, and design constraints. His aspiration to create instruments and his capability to construct his own steam engine played a pivotal role...

Global Tech Layoffs 2024: Nearly 8,000 in Just 15 Days, India Accounted for 16% of the Total

The global tech industry is grappling with a formidable challenge as unemployment shows no sign of abating. In 2023, a staggering 1,186 tech companies worldwide bid farewell to 262,582 employees. Surprisingly, in just 15 days of the New Year...

Google Introduces New Service Fee on Real-Money Gaming Apps in India: What Does it Mean?

Google has officially announced plans to expand the availability of real-money gaming apps on the Play Store, starting with India, Mexico, and Brazil in June this year. The significant development is accompanied by the introduction of service fees for...

Netflix Decoding India’s Streaming Landscape: Revenue Grew 24% YoY, While Profit Surged 75% YoY in FY23

Netflix is making significant strides in India's OTT streaming market, evident from its recent filing. The streaming giant reported an impressive 24% YoY growth in its operating revenue, amounting to Rs 2,214 crore in FY23, ending March 31, 2023....

Byju’s Is Racing Against Time: From Shining Star to Stinking Workplace

Byju's, India's once biggest ed-tech company, is on the verge of collapse. The company is currently grappling with a severe liquidity crisis, prompting a series of organizational shake-ups in recent months. This unfolding crisis extends far beyond the boardrooms,...

India’s Automobile Retail Industry 2023: Over 2 Crore Vehicles Sold, SUVs Were In Strong Demand

India, one of the world's fastest-growing economies, has witnessed remarkable growth in its automobile sector in 2023. The year witnessed Indians indulging more in two-wheelers (2W) than any other vehicle category, marking a significant shift in buying patterns. The...

PE-VC Investments in India Drops Below $30 Billion in 2023, Hitting a 5-Year Low

India has been experiencing a notable downturn in Private Equity - Venture Capital (PE-VC) investments in the last couple of years. According to a recent report by Venture Intelligence, the value of PE-VC investments in Indian companies plunged 37.7%...
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Amazon Makes Historic Bet on AI: $4 Billion Fuels Anthropic’s Generative Engine

AI investments have skyrocketed in the last three years, with tech giants placing their bets on the transformative power...
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