Quick commerce delivers quick jobs

Companies such as Zomato, BigBasket, Ecom Express, Shadowfax and Swiggy are ramping up their delivery manpower, led by a growing demand for online delivery and quick-commerce services.

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India talent base is critical to our long term growth strategy: Atos Group CEO

“India is increasingly important as a growth engine of the company,” Belmer told ET on his maiden visit to India since taking charge of the €2.9-billion company just about 100 days ago.

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Govt’s data use policy sparks concerns; Shopee exits India; Pine Labs bags $50M

Industry groupings argue that this could open up a pandora’s box of privacy risks in the absence of a data protection law. They are also seeking clearer definitions of terms like high-value data set and anonymised data, and a phased implementation plan.

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Crypto transactions involving Indian, foreign exchanges may attract GST

The tax department is scrutinising how exchanges that allow trading in India manage their cryptocurrency float, and whether there is any element or any transaction where Goods and Services Tax (GST) could apply, people aware of the development said.

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Adani ropes in Google Cloud for IT transformation deal

The group aims to transfer over 250 business-critical applications such as database management software SAP HANA to Google Cloud’s infrastructure to centralise workflows and streamline operations, it said in a statement.

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Paytm focuses on investor relations as stock continues to fall

Anuj Mittal was recently appointed as vice-president of its investor relations division, the sources added. Mittal, according to his LinkedIn profile, was heading strategy and investor relations at L&T Financial Services for almost three years and had previously worked with Standard Chartered Bank as well as JP Morgan.

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Flipkart CEO Kalyan Krishnamurthy buys luxury villa in East Bangalore

According to an Orios Venture report, India saw 46 new unicorns in 2021, taking the number of such startups with a valuation of at least $1 billion to 90. Indian startups in 2021 raised $42 billion, up from $11.5 billion in 2020. These fundings at high valuations have made many startup founders and top executives multimillionaires in dollar terms.

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