Sources have confirmed that e-commerce and technology giant Amazon has informed the Labour Ministry that all resignations made in accordance with the Voluntary Separation Policy are voluntary and that no employees are being subjected to excessive pressure. The Voluntary Separation Program plan that Amazon had distributed to its Indian employees had become the subject of […]
Amazon is closing its online learning division, Amazon Academy, in India due to the slump in edtech. The portal, which was introduced in early 2021 during the pandemic-driven edtech boom, operated in the “test prep” market and provided online coaching for entrance examinations like the IIT-JEE and NEET. “Amazon will discontinue Amazon Academy’s operations in
Amazon will close its online learning business in India due to the slowdown in edtech. Read More »
Sukoon Healthcare, a healthcare start-up with offices in Gurgaon, has received a $15 million investment from global private equity company Lightrock India. The money will be used to extend its activities across several locations, offer more specialised services, and build its network by working with other businesses already active in this market. Despite neither party
PE firm Lightrock India invests $15 million in mental healthcare start-up Sukoon Read More »
The Union Labour Ministry has notified IT and e-commerce giant Amazon about the recent layoffs in India. The company has been summoned by A Anjanappa, the deputy chief labour commissioner, to question the voluntary separation programme (VSP). Smitha Sharma, the public policy manager for Amazon, has been asked to a hearing on November 23. Amazon’s
Amazon gets notice from the Indian Labour Ministry regarding layoffs in India Read More »
Chingari, an Indian competitor to Tik Tok, has introduced a content monetisation scheme for its users and artists. The cost of the daily, weekly, and monthly plans is, respectively, Rs 20, Rs 30, and Rs 100. The business claimed in a statement that by making this change, the creators’ community will be able to double
According to Consumer Affairs Secretary Rohit Kumar Singh, the government would release frameworks the next week to combat fake reviews and unverified star ratings on e-commerce websites, and hotel and travel booking platforms. Consumers largely rely on reviews placed on platforms to see the opinions and experiences of people who have already purchased the goods
Zomato Ltd., a food aggregator company with its headquarters in Gurugram, announced on Friday that Mohit Gupta, a co-founder, had left the organisation after nearly five years. Before being promoted to co-founder in May 2020, Gupta was the segment’s chief executive and is credited with starting from scratch Zomato’s meal delivery operations. “I remain a
Mohit Gupta, a co-founder of the food delivery business Zomato, resigns Read More »
Edtech start-up Scaler has announced that its employees would receive ten days of paid time off at the end of the year. The business is distributing the “gratitude leaves” from December 21 to January 1 in recognition of its success in ending the year on a rewarding and successful note. The start-up, which employs 2,200
Edtech start-up Scaler rewards employees by announcing 10-day ‘gratitude leaves’ Read More »
The Department of Consumer Affairs in India is in favour of giving all electronics, including wearables, a standard charging connector. India’s action comes a few months after European Union regulations mandating and approving the introduction of a single universal charger for a variety of electronic devices, including Apple iPhones, were imposed and approved. Only a
India favours uniform charging ports for electronics, wearables, and cellphones Read More »
Each year, 3,000 young Indian professionals are granted work visas by the UK government, which is headed by Rishi Sunak. The UK will provide 3,000 places under the UK-India Young Professionals Scheme for degree-holding Indian nationals between the ages of 18 and 30 to come to the UK and live and work there for two
