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In Britain, the ecommerce leader Amazon.com Inc (AMZN.O) is facing a lawsuit for damages of up to 900 million pounds ($1 billion) over allegations for favoring own products. Consumer rights advocate Julie Hunter plans to bring the…

The deal is expected to close by Oct. 28. Twitter reassured staff that there will be no company-wide layoffs which Elon Musk has threatened to do. Musk told prospective investors in his deal to buy Twitter that he planned to get rid…

Recently we interacted with Dr. Milind Agarwal, Founder & CEO, Quickwork, and asked about his views about the IT and Digital ecosystem, and how his company is trying to disrupt the ecosystem. Q1. What is Quickwork’s unique…

TCS, Infosys, Wipro and HCLtech among others are suffering from high attrition rates. Attrition trend The IT sector’s average attrition rate (last twelve months) is currently as high as 25 per cent. The last few quarters…

HCLTech, formerly HCL Technologies, added 8,359 employees in the July to September quarter. 300% growth in numbers This is up 300 percent from the last quarter in which it had made a net addition of 2,089 employees. However,…

Finally, the wait is over for the super low-cost laptop from Reliance Jio, JioBook as it is now available for consumers in India. JioBook Launch In India As we know, Jio showcased the JioBook to the consumers a few…

The latest updates revealed that the center is pushing for a valuation of around $7.7 billion for state-owned IDBI Bank. Privatization of IDBI Bank This could be the biggest sale of the government’s stake in a lender in decades,…

The Indian Computer Emergency Response Team (CERT-In) has warned online shoppers of a scam in which the victim is promised gifts and prizes, including money. In short Sensitive details such as bank account details, passwords and…

As we all know, Dhanteras, also known as Dhanatrayodashi, is celebrated every year to mark the beginning of Diwali. With Dhanteras, starts the five days long Diwali Festivities, where ‘Dhan’ stands for wealth and ‘teras’ signify the…

Anti-competitive behavior could cause businesses some serious damage in the country. The online hotel-booking companies MakeMyTrip Ltd and Goibibo and IPO-bound hotel chain Oyo were fined $47 million for anti-competitive behavior by…