Jio's Diwali offer: 100% cashback on Rs 399 pack; here's how you can get it

Under the Diwali Dhan Dhana Dhan offer, Jio Prime customers get eight vouchers worth Rs 50 each on a recharge of Rs 399. The offer can be availed of during the Oct 12-16 period

Reliance Jio has announce a 100 per cent cashback offer on Rs 399 recharge for Jio Prime customers. Dubbed the ‘Diwali Dhan Dhana Dhan’ Jio's Diwali offer , the cashback comes in the form of eight Rs 50 vouchers that can be redeemed in further recharges. Jio Prime customers can avail of the offer starting today, October 12 and the offer will continue until October 18.

The eight Rs 50 vouchers that you get on a recharge of Rs 399 can be redeemed against future recharges of Rs 309 or above, and on data add-ons booster packs of Rs 91 or above. The vouchers come with a condition of use that allows only one voucher to be redeemed at a time and only after November 15.

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The offer can also be availed of by the subscribers who are still under the validity period of their last recharge. The recharge will activate only after the current plan validity of the recharge expires.

Under the Rs 399 recharge, Reliance Jio offers free calls, SMS, subscription to Jio apps and 84 GB of data with a cap of 1 GB per day, valid for 84 days. The Diwali Dhan Dhana Dhan offer is valid for both, prepaid and postpaid subscribers.

Online food-ordering site Foodpanda lays off 300 employees in India

Rocket Internet-backed online food ordering service Foodpanda’s India unit has laid off over 300 people, joining rivals Zomato, Swiggy and TinyOwl in scaling down its business in the country to curb cash burn.

The downsizing, which was confirmed by Foodpanda India CEO Saurabh Kochhar, will see the company losing close to 15 per cent of its staff from across business segments. The layoffs will be restricted only to Foodpanda’s Indian business.

“While we continued to invest in processes and technology we also had to take some difficult decisions but we believe them to be necessary steps on our path to become sustainable and profitable within the targeted timeline,” said Kochhar, in a statement.

The company claims the layoffs were triggered due to the achievement of “about 98% automation rate in order processing”, which meant it needed fewer staffers to handle the same amount of orders. The biggest chunk of layoffs - 250 employees - came from the shutting down of an in-house call centre.