Business

ZipDial lays off 50% staff after Twitter buyout

Twitter-Zipdial

Celebration has been converted into shock for the employees of ZipDial who were still celebrating Twitter’s acquisition  when they came to know that nearly half of ZipDial’s about 50 employees had been laid off. According to sources, at least 20 employees at ZipDial has already got pink slips a day after the acquisition in January. “Twitter does not have a ...

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Snapdeal is going to hire 1000 employees

Snapdeal-acquired-Exclusively-fashion-site

A good news for the job seekers, e-commerce site Snapdeal is going  to hire 1,000 employees for their regional centres in the next two quarters. But they are going to hire only those people who know particular geographies very well to help the company stay closer to local sellers. As per their plan each centre will have an M&A and ...

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Samsung Electronics salary freeze will not affect Indian employees

Samsung Electronics salary freeze will not affect Indian employees

Samsung  Electronics decided to freeze employee salaries at its headquarters in South Korea but good news for Indian employees of Samsung  Electronics is that decision is not going to impact them. This is the first time since 2009 Samsung Electronics decided to freeze employee salaries,  a spokeswoman for the South Korean company was quoted as saying in a report from ...

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Google paid $25 million for exclusive rights to the .app domain

Google-paid-25-million-for-exclusive-rights-to-the-.app-domain

Google just paid $25 million for exclusive rights to the “.app” top-level web domain. Google decided to apply for new top-level domains (TLDs) way back in 2012, four years after ICANN, the organization that controls the world’s domain names, decided to expand the overall number of generic TLDs. Google applied for dozens at the time, including .docs, .android, .free, .fyi, ...

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Snapdeal acquired Exclusively – fashion site

Snapdeal-acquired-Exclusively-fashion-site

India’s  one of the largest online retailer, Snapdeal announced yesterday that it has take over “Exclusively”, which sells designer cloths by Indian designers online. After this acquisition it is very clear that Snapdeal is trying to boost their fashion stocks and so as the business. Recently there is a huge competition between Snapdeal and Flipkart and recently Flipkart bought fashion ...

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Samsung takeover LoopPay – launching payment service

Samsung takeover LoopPay – launching payment service

Samsung Electronics bought US based mobile wallet company “LoopPay”, which is actually indicating that Samsung is going to launch a payment service for mobile phone or rather to say for smart phone.  Apple has already launched similar services recently, so Samsung has to do something to stay in competition, this is probably the answer from their side. Apart from Apple, ...

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Kodak launches its first smartphone: KODAK IM5

kodak-phone-IM5

We know Kodak as camera giant but now they have step up to smartphone world, will going to launch its first smartphone — Kodak IM5.  Specification: Name:Kodak IM5 sports Screen: 5-inch screen with 720x1280p display resolution. Rear Camera:  13MP rear camera (with LED flash) that comes with unique image management software. Front Camera: 5MP Storage:  8GB internal storage which is expandable ...

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Hike in car prices in Jan 2015

Hike in car prices in Jan 2015

If you are looking to buy a new car next year, be ready to pay a little bit extra. Auto manufacturers are set to increase prices in January, blaming it on rising costs. Though the market uncertainty remains, automakers say they can’t afford to keep prices unchanged as rising expenses and deep discounts are badly denting profitability. Maruti Suzuki will ...

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Kotak acquiring ING Vysya

Kotak_ING_Deal

Kotak Mahindra Bank, founded by broker-turned-billionaire banker Uday Kotak, who built it into India’s fifth-biggest bank by market value in just over a decade, has clinched a deal with Dutch financial giant ING that will swell the Indian lender’s market value and expand its national presence, putting it in a better position to compete with bigger non-state rivals such as ...

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