Weekly Wrap-Up: TCS Layoffs, Airtel VOIP Charges, Cyanogen-OnePlus Update & More…


Here is a quick wrap-up of the posts we published on trak.in last week. Being a festive season and year end, we have been taking it a bit slow, but we had quite a few buzzing news come up last week. Here they are.

Trak.in weekly news wrap-up

Flipkart last week officially announced that they have picked up $700 million (Rs. 4434 crore) funding from number of investors including Steadview.

Evidence acquired by Trak.in indicates that India’s largest IT services company: TCS is firing employees en-masse – Upto 25,000 to 30,000 employees can be fired in the next few months.

The research consultancy firm PwC predicts the 4G subscriber base in India to touch 10-15 million within a year. With most operators launching 4G services in 2015, we might also see a tariff war among the players

Media Mogul Rupert Murdoch, who has $14.9 billion of personal assets, has made his first acquisition of an Indian startup: BestDecisions.com. Murdoch led Newscorp acquired this Mumbai based finance education portal for undisclosed amount.

When you search for apps facilitating women’s safety on Play Store, there is a beeline of apps that appear on your screen. But are they really useful for women. We try to find out…

Emarketer, has revealed that the world will have 2 billion smartphone users by 2016. India will witness maximum growth with over 200 million users surpassing USA!

Year 2014 has been an eventful one for various stakeholders of the e-commerce industry. Now looking forward to 2014, here are 6 Things that Online Shoppers Need To Watch Out For In 2015

OnePlus decided to contest the ban placed by Delhi HC and cited that they should be allowed to do business in India. The new HC judge agreed that Cyanogen was unfair to both OnePlus as well as Micromax

WhatsApp is all set to introduce voice calling feature, which would be completely free. Leaked images collected by a technology blog based in Netherlands suggest that the feature is currently being tested among employees.

We take a look at come of the most crazy, odd and innovative Indian startups 0f 2014. Though crazy, they are all successful in getting good market share.

Now in the race to have one-up on another Smartphone manufacturers are going to any lengths. Most of them are looking at 6 inch smartphones. For most these huge phones will not even fit in the palm of their hands

Airtel has just updated their 3G tariff plans, and as per the new rules, VoIP data charge would not be covered under standard data plan, and all VoIP data usage would be charged additionally

Maharashtra’s Revenue Department has frozen all bank accounts of Naaptol Online Shopping Pvt. Ltd, the company behind Naaptol.com and their tele-shopping platform due to 23 Crore of Unpaid VAT (Value Added Tax)

Amazon was offering $220 worth of paid premium Android apps for free on Amazon Appstore. You could get these free apps only till December 26th.

Amazon India has decided to go for the fastest growing ecommerce segment right now: Fashion. They have just launched their exclusive mini portal for offering apparels and accessories for both men and women.

Initial reports are coming in, indicating that Google Fiber will be introduced in India very soon Under Digital India Mission. Talks are on between IT Ministry and Google Fiber team to bring this Google fiber based broadband services in India.

1 Comment
  1. TCSer says

    There is lot of confusion is here inside the company…don’t know how many they are removing..but each account has been asked to identify about 10% of people…morale among the employees is completely down…everyone wants to jump the ship if there is an opportunity…If TCS wants to do it…they have to do it in phased manner over two to three years….which gives time for employees to search outside and industry to absorb these employees…team which was built for 30 years…they want to remove in 2 months…absolutely headless thinking..hope common sense prevails…this CEO team wants to show good margins in their term..without considering long term effect this will have on the company..Mr Chairman are you aware of these happenings..

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