Wednesday, 4 January 2017

News Digest: Flipkart lost six of its 'highest-paid' employees in FY 2016

THE TIMES OF INDIA
Thursday, January 05, 2017
Today's Headlines

Flipkart lost six of its 'highest-paid' employees in FY 2016
According to a report in Quartz, the country's largest homegrown e-commerce company paid over Rs 10 crore ($1.5 million) to six of its employees and over a crore to 101 others in the fiscal year 2016.

India to be world's 3rd assembler of iPhones
With the upcoming Bengaluru assembly plant of Apple, India will become only the third country to do the final assembly of iPhones -an indication of how important the country has become for the world's most-valued company.

Phonebanking makes rapid strides, courtesy incentives
Belying sceptics, phone-based banking made rapid advances among the less advantaged last month as they adopted digital payment modes following demonetization, according to RBI data, with incentives helping to boost the shift.

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