business

Summer placements in full swing at business schools

The summer placement season in business schools has begun and recruiters are offering 15% to 20% higher salaries this year. XLRI Jamshedpur completed its summer placement in three days and New Delhi-based Indian Institute of Foreign Trade (IIFT) finished the process within four days. The International Management Institute (IMI) in[Read More…]

Apple acquires Hyderabad-based start-up, Tuplejump

Apple has acquired a Hyderabad-based machine learning start-up Tuplejump. Tuplejump helps companies to store, process and visualise big data with its unique software. Rohit Rai and Satyaprakash Buddhavarapu founded Tuplejump in 2013, have now joined Apple following the acquisition. Apple which is on a machine learning company buying spree has[Read More…]

Online platforms capture 38% smartphone sales in India, Flipkart leads

Flipkart, Amazon, Snapdeal gear up for mega war

As festive season of October is nearing e-commerce big wigs like Amazon India, Flipkart and Snapdeal are gearing up for their flagship annual sale.  Amazon India has announced that it would run its sale season from October 1 to 5 while Flipkart and Snapdeal will have launch their sales from[Read More…]

Dieselgate: VW sued for $9.2 billion in German investor lawsuits

Volkswagen faces Germany’s biggest investor lawsuit as attorneys filed complaints totaling 8.2 billion euros ($9.2 billion) related to the diesel emissions scandal that wiped out a third of the company’s market value. About 1,400 lawsuits are currently pending at a court in Braunschweig, about 20 miles from Volkswagen’s Wolfsburg headquarters,[Read More…]

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