With no flattening of the curve in sight, companies that offer software as a service (SaaS) — including Freshworks and Chargebee — are asking employees to work from home (WFH) till December. Zoho has also asked its employees to be in WFH mode till the pandemic subsides, without fixing a date of return to office. […]
Archives for June 2020
Myntra hires 5,000 people for sale season
Myntra, an online fashion and lifestyle store owned by Flipkart, has hired 5,000 employees across its supply chain and customer care departments as it kicks off the 12th edition of its ‘End of Reason Sale’ from June 19 to June 22. This will be the first time some of Myntra’s employees will work from home […]
Being an omni-channel retailer helped us during the Covid-19 crisis: Nykaa’s Falguni Nayar
Beauty and lifestyle retailer Nykaaexpects online sales to recover faster compared to its physical stores amid the Covid-19 crisis which has severely affected the offline retailers. Nykaa’s founder and CEO, Falguni Nayar, spoke to ET’s Biswarup Gooptu & Samidha Sharma, in an exclusive chat, about how the company gained from being an omni-channel player, its […]
DoorDash valued at $16 billion in pre-IPO funding round
(Image Source: DoorDash/Medium) DoorDash said on Thursday it was looking to raise about $400 million from investors, valuing the food delivery company at about $16 billion ahead of its initial public offering (IPO). The company, backed by SoftBank Group, filed for an IPO in February, setting it up as one of the most high-profile listings […]
Chinese social media users insult India, show aggression
Chinese social media users, whether citizens or officials, are getting more and more aggressive about India as the LAC stand-off continues — and some of the content is borderline ugly and much of it dismissive or insulting about India. On June 17, a China-based Twitter account — @frankwhuwhu — tweeted out, “India is a perverted […]
The sum of us | Jo Doye and Steve Abbott
During this challenging period, many small business owners and their advisors have never been busier. But while the impact of COVID-19 continues to be felt, the requirements of year end remain. And, now more than ever, it pays to be prepared. As part of our series, ‘The sum of us’, the Xero team is exploring […]
NYC lawmakers pass bill requiring police to disclose surveillance technology
NYPD Police officers listen as Police Benevolent Association of the City of New York President Pat Lynch and representatives from other NYPD and law enforcement unions holds a news conference at the Icahn Stadium parking lot on June 9, 2020 to address the “current anti-law enforcement environment.” in New York. Timothy A. Clary | AFP […]
Breonna Taylor case: Kentucky attorney general asks for patience as police killing probe continues
A demonstrator holds a sign with the image of Breonna Taylor, a black woman who was fatally shot by Louisville Metro Police Department officers, during a protest against the death George Floyd in Minneapolis, in Denver, Colorado on June 3, 2020. Jason Connolly | AFP | Getty Images Kentucky’s attorney general on Thursday asked the […]
Former Nuvance CIO’s lawsuit sheds light on accounting discrepancy – ModernHealthcare.com
A lawsuit from a former member of Nuvance Health’s C-suite sheds light on an accounting discrepancy that’s the subject of an ongoing investigation. Formed through the April 2019 merger between Western Connecticut Health Network and Health Quest, Nuvance learned later that year that Health Quest had overstated the amount it was owed by patients by […]
Cresset crests $9B in AUM with PagnatoKarp purchase
In just over a year Cresset Asset Management has nearly tripled in size through acquisitions and, with its just-announced purchase of PagnatoKarp, it has hit $9.5 billion in AUM. Cresset Asset Management cofounder Eric Becker, whose background is in private equity, started the RIA “to reinvent the way people experience wealth.” “We continue to explore […]