More rationalisation at Unacademy as funding winter bruises edtech unicorns Sources said the company is also considering hiving off or shutting down more subsidiaries, particularly to protect its cash runway… March 30, 2023 11:36 IST
Infosys appoints Shaji Mathew as group HR head Shaji Mathew takes over as the group head of HR at a time when it is crucial for IT services… February 17, 2023 19:02 IST
Skoda India to help set up Vietnam business SAVWIPL is setting up a 16,000 square metre facility within its 543-acre Pune plant. It will manufacture subassemblies of the… February 9, 2023 21:00 IST
LexisNexis Risk Solutions launches first Asia-Pacific data centre in India It is the first step in expanding the company’s data centre footprint in Asia Pacific and will serve customers in… Updated: February 9, 2023 12:29 IST
Govt’s first duty is to alleviate the distress of the poor: Chidambaram In an interview with Surabhi, he shared his thoughts on the Union Budget 2023-24 and said the exemption-free new income tax regime… Updated: February 8, 2023 16:20 IST
TCS bags GBP 600 million deal from Phoenix Group TCS said it will leverage its Innovation Lab in the UK to enhance the experience for policy holders, advisers, employers,… February 8, 2023 12:35 IST
Cognizant forecasts Q1 2023 revenue to decline 1% or remain flat It has not provided a full-year guidance and said it intends to provide an update in its next earnings release… Updated: February 3, 2023 08:54 IST
NCLT terms second e-auction as violation of bankruptcy rules “The extended challenge mechanism is a violation of Section 30 (1a) of the Corporate Insolvency Resolution Process (CIRP) regulations,” NCLT… February 2, 2023 15:39 IST
In the first e-auction, FCI sold 0.9 MT of wheat in open market To curb spike in retail prices, 3 MT of grain to be sold to bulk buyers, govt agencies by middle… February 2, 2023 15:33 IST
OLX to fire at least 1,500 globally Olx, which enables buying and selling of goods and services across categories like fashion, electronics, furniture, cars, among others -… January 30, 2023 16:48 IST
Oyo reports Rs 182 cr in adjusted Ebitda in H2FY23 as its nears end of ‘first profitable year’ Oyo’s revenue was also likely to increase 19 per cent from Rs 4,780 crore in FY22 to Rs 5,708 crore… January 27, 2023 14:55 IST
Swiggy cuts 380 jobs, shuts meat delivery vertical to save costs Swiggy, which offers both food and grocery delivery, has decided to shut down its meat delivery marketplace as a cost-cutting… Updated: January 21, 2023 01:35 IST
B Capital closes third growth fund series at $2.1 billion B Capital will focus on global growth investments, primarily in enterprise, fintech and healthcare tech Updated: January 19, 2023 20:05 IST
Asian Paints to invest Rs 2,000 crore to set up water-based paint manufacturing facility At present, Asian Paints has a total production capacity of 1,700 Million Litre Per Annum (MLPA). Updated: January 7, 2023 23:37 IST
RCap lenders finalise e-auction, base price at Rs 5,300 crore RCap’s lenders had taken the decision at their meeting held today. This is the first time an e-auction of this… December 9, 2022 19:52 IST
Reliance General Insurance seeks ‘urgent’ help of Rs 600 crore from RCap to preserve business, boost solvency The capital support from RCap would also help in increasing regulatory comfort at Insurance Regulatory and Development Authority (IRDAI), apart… December 8, 2022 18:04 IST
Blume Ventures raises $250 mn in its fourth and biggest fund so far Blume’s investment corpus has grown from $20 million in its first fund to $60 million in the second and $102… Updated: December 7, 2022 18:13 IST
Social media app Sharechat lets go of 5% of its employees Jeet11 which offers fantasy cricket and a few other online games was launched in February 2020 to compete with other… December 2, 2022 18:19 IST
AWS to continue investing in India, create 48,000 jobs per year The firm, which skilled about 3 million people in India on cloud in the last five years, also intends to… Updated: December 2, 2022 08:07 IST
Cloud, spatial computing and simulation among technologies in 2023: Amazon CTO “In the coming years, every facet of every sport will undergo a digital transformation, and this will happen at every… Updated: December 2, 2022 07:55 IST
Odisha Summit: Essar to invest Rs 57,000 crore in state; Petrochem plant, iron ore pellets unit among projects planned First-of-its kind crude-to-petrochemicals plant, iron ore pellet unit among projects planned Updated: December 2, 2022 00:43 IST
AWS assures data sovereignty to clients using cloud services in India “We are 100% committed to helping data sovereignty as much as possible and we provide tools for it. A customer… Updated: November 30, 2022 08:42 IST
