Meesho undertook changes to its product returns policy following feedback from its third-party logistics partners, the sources added. Returns comprise a big cost area for e-commerce players in India as it adds to logistics expenditure.
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India to be model of global science, tech and innovation by 2047: CSIR chief
Elon Musk says higher priced Twitter subscription won't carry ads
Campus blues: mass layoffs put IITians on edge
Microsoft, Amazon, Google and Goldman Sachs have operations in India and also are regular recruiters at top Indian campuses including IITs. This year, both Microsoft and Amazon are hiring fewer numbers from the campuses, according to multiple placement sources.
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Tech layoffs shock young workers. The older people? Not so much
Microsoft said this week it planned to cut 10,000 jobs, or roughly 5% of its workforce. And Friday morning, Google's parent company Alphabet said it planned to cut 12,000 jobs, or about 6% of its total. Their cuts followed big layoffs at other tech companies such as Meta, Amazon and Salesforce.
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Big-tech companies should share revenue with digital news publishers: I&B Secretary
In a message sent to the Digital News Publishers Association (DNPA) conference on Friday, Apurva Chandra said Australia, Canada, France and European Union have already taken the initiative through their legislatures and strengthened their competition commissions to ensure a fair split of revenue among the creators of news content and the aggregators.
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'Devastated, shocked': sacked Google employees left distraught as layoffs impact 12,000
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