Fashion ecommerce platform Myntra has appointed Pramod Adiddam as its chief technology officer. Adiddam will oversee Myntra’s technology strategy, with a focus on innovation and long-term platform elasticity and technical capability to support the organisation’s scale and momentum, the company said in a statement. He will report to CEO Nandita Sinha. Adiddam brings more than 20 years of experience in building consumer-facing platforms. Before joining Myntra, he held senior leadership roles at Google and Instacart, where he led global engineering teams across marketplace expansion, product innovation and platform development.Commenting on the appointment, Sinha said technology plays a central role in Myntra’s customer experience, and Adiddam’s expertise in building and operating large global platforms would help strengthen the company’s technology foundations. Adiddam said Myntra has built a strong technology platform and that he looks forward to working closely with teams across the organisation to drive innovation and deepen the platform’s overall tech capabilities. Also ReadMyntra waives commissions for new D2C brands across categories to woo emerging labelsThe appointment follows Myntra’s recent hiring of Ritesh Mishra as senior vice president and the head of category and revenue. Mishra has over 25 years of experience across buying and merchandising, supply chain, business development, and P&L…  ​Read More​YourStory RSS Feed

Calling India’s beauty and personal care (BPC) market crowded would be an understatement — it is a red-ocean battlefield. For decades, the category has been dominated by large FMCG giants, such as Marico and Hindustan Unilever, and global beauty majors like Garnier, L’Oreal, and Maybelline.  Structurally, the market is split along clear price lines — domestic FMCG brands focused on value-conscious mass consumers and international brands, which cater to the affluent or aspirational class. This price and positioning gap began to narrow around 2016, when a new wave of D2C beauty brands entered the market, promising global-grade formulations at affordable prices. These startups leveraged digital distribution, influencer-led marketing, and contract manufacturing to scale rapidly.    By 2026, however, the D2C narrative has begun to fray. Several beauty brands, including Sugar Cosmetics, Wow Skin Care, and Juicy Chemistry, just to name a few, are grappling with a slowdown in revenues. While Sugar Cosmetics saw its operating revenue slip 21% YoY in FY25 to ₹398 Cr, Juicy Chemistry saw its revenue plummet to INR 19 Cr in FY25 from INR 20 Cr the previous year. WOW Skin Science, which is yet to file its FY25 numbers, saw its revenue decline 9% YOY in…  ​Read MoreInc42 Media

India’s education and skilling ecosystem is at an inflexion point. As artificial intelligence (AI) becomes deeply embedded in how companies operate, the focus is shifting from digitising classrooms to building an AI-ready workforce. According to an Inc42 survey of over 200 founders, 60% reported integrating AI into customer or product workflows. This signals that AI is quietly compressing hiring across support, operations, basic coding, and content roles. However, demand for AI operations specialists, data stewards, and domain-led experts who can work alongside intelligent systems is rising. The traditional education-to-employment model is being tested, as skills now change faster than curricula can keep up. For edtech startups, employers, and policymakers alike, the question is no longer about access to education, but about continuous employability in an AI-driven job market. Against this backdrop, let’s understand how AI is redefining the education-to-employment equation. What ‘Education-To-Employment’ Means In An AI Job Market According to Nipun Sharma, CEO of TeamLease (degree apprenticeship), in an AI-driven job market, what the education-to-employment model must do is to address the growing gap between academic timelines and fast-changing technology cycles. “Most curricula refresh every 3 to 5 years, while AI tools, models, and workflows now evolve every 6 to…  ​Read MoreInc42 Media

Alphabet reported a standout earnings period, with quarterly revenue rising 18 percent compared to the same period last year and full-year revenue crossing the $400 billion mark for the first time since the company was founded in 1998 by Larry Page and Sergey Brin. Alphabet Crosses $400B in Annual Revenue as Quarterly Sales Jump 18% The company’s strong performance was driven largely by continued investment in cloud services and artificial intelligence, which helped push revenues higher across multiple business segments. Alongside these gains, Alphabet announced plans to sharply increase spending as competition in AI intensifies across Silicon Valley. The company said it expects capital expenditure in 2026 to fall between $175 billion and $185 billion, nearly double what it spent in 2025, as it scales infrastructure to meet growing demand for AI-related products. Even with aggressive infrastructure expansion, Alphabet says customer demand is still exceeding its current capacity, particularly in AI computing. Chief executive Sundar Pichai acknowledged the imbalance during the earnings call, saying, “We’ve been supply constrained even as we’ve been ramping up our capacity.” Despite the strong financial results, Alphabet’s stock slipped a little over one percent in after-hours trading following the announcement. Google’s Gemini artificial intelligence platform…  ​Read MoreBusiness Archives – Trak.in – Indian Business of Tech, Mobile & Startups

Official figures presented in Parliament show that the Air India Group had the highest share of aircraft with repeated technical problems among Indian airlines reviewed, with more than 70 percent of its fleet flagged for recurring defects. The data was tabled in the Lok Sabha on Thursday by Minister of State for Civil Aviation Murlidhar Mohol. Over 70% of Air India Group Fleet Flagged for Repeated Technical Defects According to the submission, inspections conducted since January last year found that 191 out of 267 aircraft operated by the Air India Group had recurring technical deficiencies. A closer look at the group showed that 137 of the 166 aircraft under Air India were identified with repetitive issues during inspections. Within the same group, 54 of the 101 aircraft operated by Air India Express were also flagged for similar recurring defects. Responding to the figures, an Air India official said, “We have, out of abundant caution, carried out checks across our fleet. Hence, numbers are higher.” A senior Air India executive explained that aircraft inspections cover multiple systems and components, which are classified into categories A, B, C, and D based on urgency and operational priority. The executive clarified that most of…  ​Read MoreBusiness Archives – Trak.in – Indian Business of Tech, Mobile & Startups

Now, the Ministry of Railways has to devise a mechanism for partially refunding ticket fares to RAC (Reservation Against Cancellation) passengers who are charged the full fare but do not get a full berth during travel, as per the suggestion by the parliamentary committee. Parliamentary Panel Suggested Partial Refund for RAC Passengers  The Public Accounts Committee (PAC) said  that charging full fare from RAC passengers without a berth facility is ‘not justified’ as mentioned in a report titled ‘Punctuality and Travel Time in Train Operations in Indian Railways’, tabled in Parliament on February 4. Moving ahead, the statement notes, “The Committee also feel that charging of full fare for tickets under RAC and where the ticket holder continues in RAC category after Chart Preparation without berth facility is not justified and, therefore, desire that the Ministry should devise a mechanism to refund partial fare to the customer/traveler who could not get full berth but had to pay full charges at the time of boarding.”  Presently, no refund of fare is admissible on RAC e-tickets if the ticket is not cancelled or a TDR is not filed online up to 30 minutes before the scheduled departure of the train, according to…  ​Read MoreBusiness Archives – Trak.in – Indian Business of Tech, Mobile & Startups

Earlier, Indian Railways has announced the launch of 20 new train services nationwide which have are commenced it’s operations from February 1, 2026.  According to them, this expansion would help in improving connectivity across major corridors. It can further ease the travel during peak seasons, particularly in the run-up to holidays and festivals.  Coming to these latest services, it include a mix of Amrit Bharat Express, Vande Bharat, passenger and special trains, offering options for daily commuters especially designed for the  long-distance travellers who are looking for modern, affordable travel.  If you are looing to book the tickets, they are currently available via the official IRCTC website and app, allowing early planning and bookings ahead of the service start date. Key Routes & Services Details  While reflecting the Indian Railways’ drive to improve passenger comfort and operational efficiency, these new trains have been scheduled under the Trains At A Glance (TAG) 2026 plan. With these services, they will be connecting the key cities in all four zones-north, south, east and west-enhancing linkages between national and regional hubs. Delhi-Shamli (Train No. 64033), a new daily service aimed at regular commuters. Pilibhit-Shahjahanpur Passenger, boosting local connectivity in Uttar Pradesh. Rajendra Nagar-New Delhi…  ​Read MoreBusiness Archives – Trak.in – Indian Business of Tech, Mobile & Startups