Archives
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ELECTRONICS July 1, 2016 AT&T Steps Up ‘smart cities’ Push, to provide extra offerings
By: sristy SahaAT&T Inc will enlarge its smart town offerings to assist municipal authorities remotely monitor conditionsof roads and bridges in real time and deliver residents cellular apps to stay informed about things likesite visitors and safety problems, the agency said on Tuesday. The employer‘s smart cities efforts are geared toward tapping into a marketplace that some […]
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NEWS March 16, 2016 Foodpanda fires over 500 employees, will stop own delivery in six cities
By: sristy SahaIn 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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ALL DEALS March 16, 2016 Grofers shuts down operations in 9 cities
By: sristy SahaGrofers 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. […]
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ALL DEALS March 12, 2016 Ola to extend auto service to eight more cities
By: sristy SahaEven as rival Uber shut its auto-rickshaw service it piloted in Delhi late last year, domestic rival Ola is aggressively expanding its auto service in newer cities. The Bengaluru-based taxi aggregator which is backed by Tiger Global, Softbank and Chinese taxi hailing service Didi Kuaidi is now planning to launch the service in eight more […]
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ALL DEALS March 11, 2016 Zomato shuts food-ordering operations in four cities
By: sristy SahaZomato said the size of the market in the cities where it shut its ordering business is small right now and will re-launch when the time is right. Photo: Mint Bengaluru: Zomato Media Pvt. Ltd, one of the few Indian Internet start-ups with a global presence, has shut operations in four cities, as food tech […]
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ALL DEALS March 8, 2016 Wow Momo to set up 40 more outlets across seven cities by March 2017
By: sristy SahaCapex for a Wow Momo QSR outlet is Rs.12-30 lakh and that of the restaurant is almost Rs.35 lakh. New Delhi: Wow Momo, a quick service restaurant (QSR) chain which sells different versions of Tibetan dumplings, is planning to open over 40 outlets by March 2017 as it looks to strengthen its presence beyond its […]
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NEWS March 4, 2016 PepperTap shuts operations in six large cities, including Mumbai
By: sristy SahaIn September, Gurgaon-based PepperTap had rolled back operations in smaller towns such as Agra and Meerut after a month-long pilot failed to take-off. Photo: Pradeep Gaur/Mint New Delhi: Hyperlocal delivery start-up PepperTap is shutting operations in six cities, including Mumbai, Kolkata and Chennai, and will be laying off about 400 delivery men—a sign of heightened […]