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Investors wary as Flipkart shows growth pangs
Flipkart, the poster boy of Indian online retail, is going through growth pangs, making investors edgy with its financials. Analysts and venture capitalists said Flipkart was making considerable losses on transactions of books that accounted for 65 per cent of its sales volume and 40 per cent of revenue. If pushed to a corner, Flipkart might even consider reducing the chunky discounts it offered on
Flipkart, the poster boy of Indian online retail, is going through growth pangs, making investors edgy with its financials. Analysts and venture capitalists said Flipkart was making considerable losses on transactions of books that accounted for 65 per cent of its sales volume and 40 per cent of revenue. If pushed to a corner, Flipkart might even consider reducing the chunky discounts it offered on
'CEO continues to double as chief talent officer'
About 84 per cent of CEOs in India spend half of their time on talent-related activities, according to a joint study by Monster.com and People Matters. The study, which interviewed 126 CEOs in
'More matrimony profile uploads than resumes'
In April this year, more Indians have posted their profile for the purpose of matrimony than for getting a job. According to a recent survey by the Internet and Mobile Association of India,
Apple CEO sees TV as area of 'intense interest'
Apple Inc Chief Executive Tim Cook said technology for televisions was of “intense interest” but stressed the company’s efforts would unfold gradually, amid speculation the iPad
From virtual world, hacktivism spills into real world
After showing their displeasure over blocking of websites by the government by breaking into official websites of various government and private organisations, hacking group ‘Anonymous’
Can TCS achieve its ambition?
N Chandrasekaran and his colleagues at Tata Consultancy Services were in a celebratory mood last month. There were enough reasons for it: The country's largest IT services company touched the magical
N Chandrasekaran and his colleagues at Tata Consultancy Services were in a celebratory mood last month. There were enough reasons for it: The country's largest IT services company touched the magical
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