Jan 14, 2021 - How India is helping global retail take on Amazon challenge

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TradeBriefs Editorial

From the Editor's Desk

When You Know Layoffs Are Coming...

William recalls the excruciatingly uncertain months before he finally lost his job. He had worked in the real estate sector, where his work dried up. Piece by piece his responsibilities were taken away. His company­­ was not doing well, that much was evident. It was letting people go in small batches. If you didn't get tapped on a Friday, you were safe for the next week.

"We were just kind of sitting there staring at each other, waiting for the axe to fall," William says. And this waiting period was agonizing. "You ever watch like a documentary with a herd of zebra and there's a lion? The lion catches one zebra and all the other zebras are a little way off, just kind of watching." William says that's what it was like for all the other employees. "And then they're just kind of wondering when it's their turn."

Continued here


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How PE Firms Are Becoming Bullish On Startups In India

Private equity firms, which previously favoured safer IT and BPO companies in India, are increasingly willing to go after newer internet-based startups



Today's TradeBriefs Cartoon

Mukesh Bansal’s Cure.fit buys US-based personal trainer app Onyx to strengthen international offering

The most funded healthtech startup Cure.fit had recently entered the US market with its energy-meter technology that allows the smartphone camera to track users’ movements while they follow guided content from trainers.

US firm One Signal moves Delhi HC, says IP address blocked in India ‘without intimation’

In the plea, One Signal claims it came to know in July 2020 that the company's IP address was blocked by internet service providers including Airtel, TATA and Atria Convergence.

We want to do everything we can to assure our users: Will Cathcart, Global Head of WhatsApp

WhatsApp has been facing a severe backlash by its users since the messaging platform announced new privacy rules earlier this month. While many users have quit the platform and moved to other messagin

HCL Tech trails bigger peers despite strong third quarter

TCS and Infosys saw sequential growth of 4.1% and 5.3%, in constant currency, while HCL grew at 3.5%

As demand picks up, top 4 Indian IT services firms double hiring in Q3

The spurt is being driven by clients cutting costs, migrating to the cloud, going in for a digital transformation and the IT services companies hiring more in anticipation of an increase in attrition

Tech-giant TCS ties with Three UK to accelerate 5G Network rollout

Three UK is in process of deploying a new 5G radio access network which is already live in 175 towns and cities in the UK.

Wipro partners with Fiat Chrysler Automobiles to build its first Global Digital Hub in Hyderabad

Wipro will source and build a talent pool of more than 1000 skilled consultants and technologists for FCA ICT India who will help develop capabilities around futuristic technologies.

Indian IT posts record profits on digital transformation wave

TCS, Infosys and others roar back to life in latest quarter amid pandemic

ZingHR to manage HR Tech solutions for Times Network

The strategic collaboration will merge Times Network's existing HR practices with digital solutions by leveraging the latest technologies and strategi..

Government may keep Rs 7,500 crore outlay for IT hardware manufacturing under PLI scheme

India Business News: The government may keep an outlay of Rs 7,500 crore under the production linked incentive scheme for IT hardware products like personal computers, lap

Entry of Tesla in India doesn't worry us: Mercedes-Benz

India Business News: Mercedes-Benz, the leader of the Indian luxury car market, has said that the entry of Tesla “doesn’t worry the company at all” and added that the add

Call only required Chinese experts: Govt to mobile manufacturers

The expertise of Chinese engineers and technicians is necessary to set up manufacturing units as most of them are shifting from China.

How podcasts are taking off in India big time

India has emerged as the third-largest podcast listening market in the world after China and the US

Accel India: Decoding Founders' Mentality To Spin Success

Accel seeded the passion of entrepreneurs into its investing DNA to spot early winners in the consumer business. Its next big bet: SaaS unicorns

Metropolis’s largest-ever acquisition to fuel growth in south India

Hitech will add a network of 31 laboratories that includes 3 NABL (National Accreditation Board for Testing and Calibration) laboratories and 68 collection centres to Metropolis’ fold

Tejas keeps India’s capability gap with China under check. It is HAL’s game to lose now

Although several major air forces like France, Germany and the US are still inducting or ordering fourth-generation fighters, their capabilities and threats are distinct from India’s.

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