Illustration: Rahul Awasthi Nasdaq-listed MakeMyTrip has laid off 350 employees, as India’s largest online travel operator struggles to survive the fallout from the Covid-19 pandemic, which has ravaged the travel, tourism and hospitality sector globally. The layoffs have been primarily undertaken in non-tech functions such as international holidays and related segments, and is across units, […]

Happy Monday! TikTok is going through a rough patch in India. Fewer people downloaded the Chinese video-sharing app in April and May compared to the previous two months amid reduced marketing and advertising spend due to the Covid-19 pandemic. The platform has been widely criticized on social media following a fight between two content creators, […]

The government has rejected Flipkart’s proposal to enter the food retail business, citing regulatory issues. Last week, almost a year after Flipkart FarmerMart filed its application, the department for promotion of industry and internal trade (DPIIT) wrote to the Walmart-controlled company that it cannot be allowed into food retail — which was carved out as […]

By Kate Conger Jack Dorsey was up late Thursday at his home in San Francisco talking online with his executives when their conversation was interrupted: President Donald Trump had just posted another inflammatory message on Twitter. Tensions between Twitter, where Dorsey is chief executive, and Trump had been running high for days over the president’s […]

Paytm Mall said it is moving its operations from Noida to Bengaluru as the e-commerce platform looks to tap into the rich talent pool available in the city’s consumer internet and startup ecosystem. The company appointed Abhishek Rajan as its new Chief Operating Officer. Former COO Srinivas Mothey has been elevated to Senior Vice President […]

Illustration: Rahul Awasthi Walmart-owned e-commerce marketplace Flipkart has promoted five executives to the level of Senior Vice President. The elevations of Manish Kumar, Anand Lakshminarayanan, Ranjith Boyanapalli, Ravish Kumar Sinha and Ravi Iyer were announced in an email sent by Flipkart Group CEO Kalyan Krishnamurthy on Sunday. This brings the total number of executives at […]

A final proposal on visa fee increase, submitted by the US immigration agency last week with the US President’s office, is expected to hike the cost of an H-1B visa by 22% and that of the L-1 visa — used by technology companies to transfer employees between offices — by as much as 77%. The […]

Illustration: Rahul Awasthi E-commerce companies have started showcasing small-scale promotional events to spur consumer demand, two weeks after restrictions on shipping products were relaxed across the country, in what analysts say is a sign of normalcy in a sector that typically drives sales through discounts. Over the weekend, Flipkart-owned fashion portal Myntra held its Month […]

Illustration: Rahul Awasthi ByteDance is setting up a second corporate entity in India, as the Chinese multinational internet technology company looks to deepen its roots in Asia’s third-largest economy, among its most active markets globally. The new entity, according to two sources with knowledge of the developments, is likely to provide Information Technology and IT-enabled […]

Amazon said it was removing certain images after messages using extremely strong racist abuse appeared on some listings on its UK website when users searched for Apple’s AirPods and other similar products. The message sparked outrage on Twitter, with the topic “AirPods” trending in the United Kingdom. “We are removing the images in question and […]