Podcast

Listen: India enters unlock mode; Top brass salary hikes at Infy, Wipro; Layoffs at MakeMyTrip

The latest episode of the TechThisWeek podcast brings you news and insights, wrapped up in a weekly roundup of the following hand-picked developments in the startup and enterprise technology ecosystems in India.

As India gets back to work with Unlock 1.0, budget hospitality chain OYO will restart operations from June 8, while co-working company 91Springboard has started opening up its facilities.

This week Gurugram-based online travel aggregator (OTA) MakeMyTrip let go of some 350 employees. The OTA segment has been among the worst hit by the Covid-19 crisis and is unlikely to recover soon. 

Top rung executives at IT services firms Infosys and Wipro received hefty salary hikes in the financial year ended March 2020. Also, a total of 77 Infosys employees took home more than Rs 1 crore in compensation in the financial year 2019-20 compared to 63 staffers who made eight-figure salaries in 2018-19. . 

Deals inched back towards early May levels. We reported 16 deals, of which 13 had disclosed amounts of funding that totalled to $88 million versus last week’s total of $50 million. 

Comment(s)