Alibaba Group Holding Ltd said on Thursday it planned to hire 15,000 people this year, dismissing rumours circulating on Chinese social media in recent days that the company planned to cut 20 per cent of its workers. In a post on the firm’s official Weibo account, Alibaba said that among the 15,000, more than 3,000 people […]
Reliance Retail has generated net new employment opportunities for 2,500 individuals in January 2023 alone, according to media sources. However, market sources indicate that 567 people have resigned on performance grounds and are currently serving their notice periods since April 2023. Market sources argue that emphasising the 567 performance-based exits, which account for less than […]
Jinand Shah Managing Director & CEO of Online PSB Loans Ltd. (OPL) has been added to the eminent list of ‘BW Retail World 40 under 40’ by BW Businessworld. Shah is a financial professional with a keen interest in algorithms, number crunching, and automation. He has expertise in dealing with banks, MSMEs, individuals, rating agencies, […]
Daalchini Technologies, a Retail-tech company and provider of innovative solutions for food and beverage retailers, has promoted Ayush Rastogi to the position of Chief Technology Officer (CTO). According to the company for the last five years, he has played a crucial role in building Daalchini’s technology stack and leading its talented technology team as AVP-Technology. […]
Westlife Foodworld (formerly Westlife Development) has designated Amit Jatia as the new chairperson of the company. Jatia previously served as the Vice Chairman of Westlife Foodworld. Following the new role of Jatia, now Smita Jatia will be taking over as Vice Chairperson of the company. Amit, widely regarded as the country’s pioneer of the QSR […]
Raghunandan Saraf, Founder & CEO, Saraf Furniture has been added the prestigious list of ‘BW Retail 40 under 40’ by BW Businessworld. He has a family background in woodworking, and he has over 14 years of experience in the furniture business. He began his journey towards entrepreneurship and in 6 years he redesigned the whole […]
PUMA has announced the appointment of Karthik Balagopalan as the new Managing Director of PUMA India and he is set to lead PUMA’s operations in the country. Balagopalan has been with PUMA since 2006, he has held various management positions within the company, including Retail operations and Business Development at PUMA India. In his new […]
Pradeep Krishnakumar, Co-founder, Zouk, has been featured in the ‘BW Retail World 40 under 40’ list by BW Businessworld, recognizing his exceptional contributions to the e-commerce and D2C industry. Zouk, is a direct-to-consumer (D2C) brand known for its stylish and functional products with a distinct Indian essence. Under Pradeep’s leadership, Zouk has experienced remarkable growth, […]
On Friday, ecommerce startup Meesho told its employees that the company would be laying off around 251 staff. This would amount to 15 per cent of the workforce. In April 2022, Meesho fired about 150 employees as it restructured its grocery business, Farmiso. However, several media reports said that the total number of employees impacted […]
Susmitha Lakkakula, Founder, CloudTailor, has been named as one of the ‘BW Retail World 40 under 40’ prestigious list by BW Businessworld. She is a mother of two and a software engineer with 19 years of experience. She is the founder of CloudTailor, a fashion-tech company that offers personalised fashion and tailoring services for women. […]
