• ALL DEALS
    18% applicants did not write CAT: IIM

    A file photo of the Indian Institute of Management, Ahmedabad. Photo: Raj K. Raj/HT New Delhi: Around 18% of those who registered to appear for the Common Admission Test (CAT) that serves as a gateway to elite Indian Institutes of Management (IIMs) and scores of leading B-Schools in the country chose not to do so, […]

  • NEWS
    PMO directs skills ministry to open 7,000 ITIs in one year

    Given the steep target, the skills ministry is exploring the possibility of offering soft loans to private players to open ITIs. Photo: Pradeep Gaur/Mint New Delhi: The Prime Minister’s Office has directed skills ministry officials to open within one year 7,000 new industrial training institutes (ITIs), or nearly half the number of all existing ITIs […]

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    Ex-IIM gurus lend expertise to private B-schools

    Photo: Mint Manaswini Acharya, professor of marketing at International Management Institute, Delhi (IMI) says it’s a different atmosphere in the B-school these days—there is a feeling of motivation because of a new boss at work. “He is a hands-on director general, and gets involved in almost everything—from teaching to admission to placements,” said Acharya, who […]

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    Last-mile delivery hurdles pave way for surge in new start-ups

    E-commerce company Flipkart’s decision to invest in logistics start-up QikPod shows that online retailers are experimenting with different avenues to find a suitable model to cut delivery costs. Photo: Ramesh Pathania/Mint As the e-commerce market matures in India, showing clear signs of winners, the logistics sector has also begun to witness hectic activity. The past […]

  • NEWS
    Uber starts to lease cars to its drivers on the lines of Ola

    Photo: Bloomberg Ride-hailing company Uber has started leasing cars to drivers in India, borrowing a page from the play book of its larger rival Ola, as it seeks to expand market share. The leasing programme, aimed at attracting more drivers to its platform, is being tested in select cities such as Delhi, Mumbai and Bangalore, […]

  • NEWS
    Foodpanda fires over 500 employees, will stop own delivery in six cities

    In 2014-15, Foodpanda recorded a loss of Rs36 crore, on a revenue of Rs4.8 crore. Photo: Ramesh Pathania/Mint Mumbai: Online food ordering start-up Foodpanda India has laid off close to 500 employees, according to two people aware of the development. The layoffs ordered on Monday covered all business segments—sales, marketing, vendor service, customer delight, business […]

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    Yuvraj Singh invests in Rahul Yadav’s start-up Intelligent Interfaces

    Rahul Yadav has been working on his new venture after the Housing.com’s directors fired him on account of his objectionable behaviour towards investors and the media in July. Mumbai: Indian cricketer Yuvraj Singh has made an undisclosed amount of investment in former Housing.com’s chief executive officer and co-founder Rahul Yadav’s start-up Intelligent Interfaces. “Proud to […]

  • NEWS
    DogSpot raises funds from Ratan Tata, others

    Dheeraj Jain, partner at Redcliffe Capital, a UK-based hedge fund, existing investors Ronnie Screwvala, K. Ganesh and early-stage investment firm India Quotient were among others who invested. New Delhi: PetsGlam Services Pvt. Ltd that runs online pet supplies store Dogspot.in on Monday said Ratan Tata, chairman emeritus of Tata Sons Ltd, has invested in the […]

  • NEWS
    Paytm acquires Shifu for $8 million

    Photo: Bloomberg New Delhi: Payments solutions provider Paytm, run by One97 Communications Pvt. Ltd, has acquired consumer behaviour prediction and recommendation platform Shifu for $8 million, the company said on Monday. Delhi-based Shifu, run by Signal Inc., started operations in August 2012. It mines the smartphone usage patterns of users and makes personalised recommendations to […]

  • ALL DEALS
    Grofers shuts down operations in 9 cities

    Grofers ran pilot projects in 15 new cities in September. Photo: Ramesh Pathania/Mint Mumbai: Grofers India Pvt. Ltd has shut delivery operations in nine cities in the past 15 days because of low acceptance of its services in these areas, company co-founder Albinder Dhindsa said. Grofers ran pilot projects in 15 new cities in September. […]