Illustration: Rahul Awasthi Rebel Foods, India’s largest cloud kitchen chain, which operates Faasos, Oven Story, Firangi Bake, and Behrouz, is planning to use its kitchen infrastructure to expand beyond its own cooked meal brands, a top executive told ET. This will be done by diversifying into ready-to-cook kits, meats, packaged snacks, as well as scaling […]
Archives for May 2020
CarDekho lays off 200 employees, up to 22.5% pay cut for rest
Online auto classifieds portal CarDekho has laid off around 200 employees, and initiated pay cuts across the board, making the Jaipur-headquartered company the latest in a series of well-funded startups that have retrenched staff in the wake of the Covid-19 pandemic. The development was first reported by digital news publication Entrackr, citing sources and an […]
ETtech Top 5: The co-founder title, Insta ads on TikTok, overstretched hospitals & more
Happy Monday! Do you think it’s okay to designate executives as co-founders even if they haven’t technically founded the company? That’s the question ETtech asked on a Twitter poll. And nearly two-thirds of the respondents said it’s not okay to pick hired executives as co-founders. @samidhas Do you think it’s okay to designate executives as […]
Art of Accounting: Planning your strategic planning meeting – Accounting Today
This is the time of year when most firms that have retreats or strategic planning meetings finalize their plans. These meetings are more necessary and important than ever, and should be scheduled if you haven’t yet done so. If circumstances don’t much change (hopefully they will), the meetings would be done virtually. Here are some […]
Startup executives who were named co-founders
Indian startups, including some unicorns, have accorded the coveted co-founder title to several executives who joined the company at later stages, underlining the importance given to experienced professionals as these firms scale. Food ordering platform Zomato did it for a second time when it elevated Mohit Gupta, the CEO of its food delivery business, as […]
India user base grew 120%; focus on developing culturally relevant products: Snapchat
Photo-messaging app Snapchat has seen significant growth in India business, and its daily active user base (DAU) in the country has jumped 120% year-on-year in March 2020, a senior company executive said. Speaking to PTI, Snap Inc Managing Director (International Markets) Nana Murugesan said the company has been expanding its team in India, which is […]
Under Pressure
Facts“News guy wept and told us, Earth was really dying, cried so much his face was wet, then I knew he was not lying” – Five Years As I write, over 1.6 million Americans have contracted the virus and almost 100,000 have died of it. We have more cases and more deaths than any other […]
Overcoming A Disciplinary U4 Disclosure To Reinvent Your Advisory Business
Executive Summary When applying to register within the securities industry, whether as a registered representative of a broker-dealer or an investment advisory representative of an RIA, individuals must complete and file FINRA’s Form U4. The form asks for personal information such as employment and residential history, education, and designations, but is most commonly known for […]
As Covid-19 rages, Mumbai ramps up critical health infra
After facing criticism in handling the coronavirus pandemic, Mumbai has ramped up its critical care facilities. The Brihanmumbai Municipal Corporation has expanded healthcare capacity for Covid-19 by thrice in a span of just two weeks. Makeshift care facilities called ‘Jumbo’ centres have come up in the city’s suburban exhibition grounds to tackle the surge in […]
Republican groups sue California over expanded mail-in voting
Vote-by-mail processors work to check mail-in ballots the day before election day at the Orange County Registrar’s office in Santa Ana, CA, on Monday, March 2, 2020. Jeff Gritchen | Orange County Register | MediaNews Group | Getty Images The Republican National Committee and other GOP groups filed a lawsuit against California Gov. Gavin Newsom […]