Ola fires 300-350 employees in 3 weeks; supply, tech departments hit & more

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TRENDING   Ola fires 300-350 employees in 3 weeks; product, marketing, supply, tech departments hit   Employees across teams including product, marketing, sales, supply, tech, business and operations were affected, said sources closely aware of the developments.

INDUSTRY   Parle beats Amul, Britannia again; Ranks No.1 as India's most chosen FMCG brand   The report has ranked these brands based on Consumer Reach Points (CRPs), which is measured based on the actual purchase made by consumers and the frequency at which these purchases are made.

TRENDING   PUBG remake BGMI's disappearance hurts India's e-sports enthusiasts   Stakeholders in India's nascent e-sports ecosystem are disappointed with the removal of BGMI from app stores.

TRENDING   Swiggy announces permanent work-from-anywhere policy   Under this policy, teams like corporate, central business functions and technology will work remotely and meet once every quarter at base locations for a week, food delivery app Swiggy stated.

MARKETS   Sensex, Nifty log highest July-month return in 23 years; what's next?   As many as 26 stocks in the Nifty index managed to deliver over 10 per cent return to investors in July.

MARKETS   Not just Paytm, FIIs bought shares of these firms too in June quarter   Data available with Ace equity showed that domestic and global institutional investors upped their stake in stocks from across the sectors including banking, chemicals, footwear and auto, among others.

CORPORATE   Indian Oil posts net loss of Rs 1,993 cr in June quarter   IOC's revenue from operations, however, surged 62.4 per cent to Rs 2,51,933 crore in the said quarter as against Rs 1,55,056 crore a year ago.

CRYPTO   Cryptocurrency exchange Coinbase's disappointing tale of endless troubles   Regulatory bodies have been probing the exchange for malpractices while the company's stock prices have tanked drastically.

BUSINESS   Want to run a cloud kitchen? Avoid these 5 pitfalls   Easy to set up, cloud kitchens are not always easy to sustain if you don't get the formula right.

BT TV   How South Indian Movies Are Pulling In Big Bucks Never Imagined Before In Indian Cinema   Tune in to watch Sakshi Batra discuss the South Indian Cinema recipe which seems to be appealing the Indian movie watchers' palettes more than the good old Bollywood movies these days with Business Today's Vidya S and Prerna Lidhoo who have done a deep dive to find out more about the Southern Tsunami and behind the scenes.

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