November 6, 2015 - Housing.com appoints Jason Kothari as new CEO

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Blog Sree Vijaykumar From the Editor's Desk The recent hostage crisis at TinyOwl, where a founder was not allowed to leave the Pune office (which he had come to shut down) is indicative of the growing pains of Indian startups. It does set a precedent for burn-happy founders and VCs that 'hire and fire' is not as easy in India as it may be in Silicon Valley. This in combination with the layoffs at Zomato and other firms is also a definite indication that the funding environment is turning. Will this be the beginning of the bubble burst? - Comment Digital Housing.com appoints Jason Kothari as new CEO Kothari as its chief executive officer. Kothari, who joined the startup as chief business officer in August, has been “unanimously appointed by the board of directors,” said a statement from Housing. Housing’s board is led by Jonathan Bullock, representative of lead investor SoftBank.   Advt: Get qualified leads for your business TradeBriefs introduces automated mobile number verification, progressive qualification and other API-based verification. Save time and money! Advt: Diamond India Ltd. introduces Limited Edition Sachin Tendulkar Swiss Silver Coins. Digital marketing is evolving everyday. Keep up with the latest trends. 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He declined to comment on how he was able to leave the TinyOwl Pune office. Earlier this morning, MediaNama had been denied the opportunity Retail Microsoft to fund smart city players in India; ties with e-commerce firms Describing the pace of growth of ecommerce and start-up ecosystem as "pretty mind boggling," Satya Nadella said he is not worried about the valuation part of this segment as Microsoft is not looking at acquisitions, but is looking at the quality of ideas these entrepreneurs have.   Retail Future Retail Q2 net profit at Rs 13.66 crore Shares of Bata India slipped 4.5 percent intraday Thursday on the back of poor July-September (Q2FY16) numbers. Retail Indian consumers want retailers to embrace new-age technology The aim is to deliver an experience that connects physical stores with the digital world. 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Telecom Korean handset maker Samsung claims edge over Apple in India The Korean mobile phone major has said that it has attained a 50% share in the Indian premium phone market, at a time when Apple battles a slow start .. Finance Blackstone believes in India blockbuster, to invest over $2 billion in India ... This is a further affirmation of the optimism of most foreign investors about the prospects of Asias third-largest economy. Finance Why Deutsche Bank’s little jewel in India was spared the axe Deutsche Bank’s unit has the lowest bad-loan ratio of the five largest foreign banks operating in India, the latest filings to the central bank show Finance 11 payments banks to open up 1,500 jobs with up to Rs 1.50 crore salaries The entities are looking for talent internationally as well; salary could be Rs 1-1.5 crore for CXOs and up to Rs 1 crore for those a level below. 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Software More than 1000 people lose jobs in the recent layoffs at India's e-commerce startups We may be heading into a year of reality checks in e-commerce after a year of living dangerously, when a mish-mash of fancy new expressions clouded young graduate minds in India. Software Data centre infrastructure market in India to reach $2 billion, says Gartner The storage market is projected to reach $307 million in 2016, a 3 percent increase from 2015, the research firm said. Ecommerce TinyHowl? Cofounder held hostage in Pune office for over two days by laid-off employees The 25 employees in TinyOwl's Pune office had demanded two months' salary to compensate for the layoffs, especially as Diwali was round the corner, an.. Ecommerce Browntape, Sellerworx help small businesses manage their online operations across marketplaces Sellerworx works with 800 sellers on Flipkart, Paytm, Snapdeal, Shopclues, eBay and Amazon and, according to the company, as much as 60% of these sell.. 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Gold is available at low cost in Dubai. Logistics Port warning issued by IMD in Mumbai for the coast of Goa and Maharashtra due to the depression in Arabian sea which may lead to a severe cyclonic storm Indian metereological department on November 5 issued a port warning for Maharashtra and Goa coast, in view of a depression over east central Arabian Sea. Construction Property dealers looking to invest in office segment Sushil Mantri of Mantri Developers of Bengaluru said his company is looking to build a portfolio of 10 million sq ft in five years. “Real estate is a cyclical business with ups and downs. Construction Jason Kothari is new CEO for Housing.com Housing.com has promoted Jason Kothari as chief executive officer, filling the position with a full-time head five months after founder and former CEO Rahul Yadav was ousted. Construction L T Construction gets job orders worth Rs 2,048 crore The cumulative orders include deals bagged by its power transmission and distribution division, transportation infrastructure and buildings and factor.. Construction Venkaiah Naidu says Single-window clearance for urban projects by November 30 The government has announced 100 smart cities and housing for all by 2022, targets that are likely to get easier to achieve with this initiative Marketing Hostage crisis at TinyOwl Pune ends : Co-founder Gaurav Choudhary makes his way to Mumbai Gaurav Choudhary, TinyOwl co-founder who was held hostage for over two days in its Pune office, has confirmed to MediaNama that he is on his way to Mumbai. 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