Peerzada Abrar

Stories by Peerzada Abrar

Ola Electric to create 10,000 jobs

Ola Electric to create 10,000 jobs

Rediff.com   17 Dec 2020

Upon completion, the factory will create almost 10,000 jobs and will initially have an annual capacity of 2 million units.

Flipkart extends WFH till May end

Flipkart extends WFH till May end

Rediff.com   12 Dec 2020

Employees can take 'unlimited bereavement leave' in case of loss of a family member. All employees are encouraged to take breaks on a daily basis. This includes a mandatory 1-hour lunch break where no other meetings can be scheduled.

India is the world's 9th most spammed country

India is the world's 9th most spammed country

Rediff.com   9 Dec 2020

About 98.5 per cent of all spam calls in India originate from domestic numbers. However, spam calls received by users in India have decreased by 34%.

Amazon vs Future duel underway in Singapore, verdict by next week

Amazon vs Future duel underway in Singapore, verdict by next week

Rediff.com   21 Oct 2020

An emergency arbitration hearing between Amazon and retail conglomerate Future Group took place last week and a verdict is expected in the next few days, according to sources.

Govt sends notice to Amazon, Flipkart for not showing country of origin

Govt sends notice to Amazon, Flipkart for not showing country of origin

Rediff.com   17 Oct 2020

Not displaying the mandatory information, including country of origin, on products sold on their platforms in India, draws government's attention.

E-com firms look to get a fillip ahead of festive season

E-com firms look to get a fillip ahead of festive season

Rediff.com   13 Oct 2020

This year, festive sales are expected to push up the annual gross merchandise value of e-commerce companies to around $38 billion, a 40 per cent growth over the previous year.

This is the next battleground for PhonePe, Amazon and Google

This is the next battleground for PhonePe, Amazon and Google

Rediff.com   10 Oct 2020

The size of the Indian financial services market could touch around $340 billion in the next few years.

Ahead of mega-IPO plans, Indian unicorns eye new business

Ahead of mega-IPO plans, Indian unicorns eye new business

Rediff.com   8 Oct 2020

A slew of Indian firms, including Flipkart, Byju's and Zomato, is building a path to profitability and diversifying into newer business segments ahead of mega-IPO plans.

Facebook's Hate Content Crisis is Ajit Mohan's biggest headache

Facebook's Hate Content Crisis is Ajit Mohan's biggest headache

Rediff.com   28 Sep 2020

'The reality is no one, including some of the names that have shown up in the last few weeks, have any unilateral decision-making power in this,' Facebook India MD Ajit Mohan tells Peerzada Abrar.

Former Wipro CEO Abidali Neemuchwala turns investor, joins Dallas Venture

Former Wipro CEO Abidali Neemuchwala turns investor, joins Dallas Venture

Rediff.com   15 Sep 2020

As a venture partner, DVP said that Neemuchwala would be bringing deep technology expertise and invaluable experience of building businesses.

This edtech firm is using Covid as springboard for growth

This edtech firm is using Covid as springboard for growth

Rediff.com   31 Aug 2020

Simplilearn said the pandemic had accelerated demand for skills in areas such as artificial intelligence, cloud computing, data science and cybersecurity.

E-com recovers, grows 17% post-Covid-19

E-com recovers, grows 17% post-Covid-19

Rediff.com   21 Aug 2020

The consumer buying patterns and preferences have changed significantly with categories like health and pharma, FMCG and agriculture seeing a surge and exponential growth along with the rising number of first-time online shoppers.

India Inc goes slow on increments; hikes pay for select few

India Inc goes slow on increments; hikes pay for select few

Rediff.com   12 Aug 2020

While salary growth may range from a marginally positive to stagnant or even negative, the increment for some of the "super-specialised" profiles can go beyond 15%.

Byju's buys edtech start-up Whitehat Jr for $300 million

Byju's buys edtech start-up Whitehat Jr for $300 million

Rediff.com   7 Aug 2020

Bajaj sold his 18-month-old start-up WhiteHat Jr to Byju Raveendran for $300 million in an all-cash deal - over the video conferencing platform Zoom. The deal is the biggest in the Indian edtech sector by far.

Myntra buys Deepika Padukone's fashion brand 'All About You'

Myntra buys Deepika Padukone's fashion brand 'All About You'

Rediff.com   6 Aug 2020

As part of the next step, Myntra plans to popularise the brand further by making the collection accessible to customers in unexplored markets in India.

Despite COVID crisis, this fintech is offering 10-12% salary hikes

Despite COVID crisis, this fintech is offering 10-12% salary hikes

Rediff.com   31 Jul 2020

Niyo is also offering bonuses and ESOPs, taking the total stock grants to over Rs 100 crore for all eligible employees.

Indian start-ups shun China, turn to US firms for fund

Indian start-ups shun China, turn to US firms for fund

Rediff.com   27 Jul 2020

India's shift towards US companies for technology investments and partnerships fits well with the present government's 'Atmanirbhar Bharat' and 'Make in India' initiatives, say experts.

Robots to the rescue in times of coronavirus

Robots to the rescue in times of coronavirus

Rediff.com   19 Jul 2020

From scanning hospital entrants to disinfecting hospital areas and floors, robots are being roped in for tasks considered high-risk, says Peerzada Abrar.

Byju's enters the tuitions classes game

Byju's enters the tuitions classes game

Rediff.com   8 Jul 2020

Students may choose between weekday and weekend batches, and attend scheduled online maths and science classes based on their school curriculum.

Chinese app ban: Indian start-ups face a major hurdle

Chinese app ban: Indian start-ups face a major hurdle

Rediff.com   2 Jul 2020

According to experts, the banning of the apps has created negative sentiments and reduced the confidence among the Chinese investors to invest in India.