Uma Kannan

Coinbase plans to go slow on hiring

Emilie Choi, President and chief operating officer of the crypto exchange, said, “Heading into this year, we planned to triple the size of the company.

23 hours ago

Construction equipment business to grow in H2: JCB

The construction equipment industry has gone through challenges, especially during the pandemic period, as the industry fell by 8%.

17 May 2022

Swiggy acquires restaurant tech platform Dineout 

According to sources familiar with the development, the deal is valued at about $200 million.

13 May 2022

Zepto clocks 946 per cent growth in four months, says report

Ever since Zomato announced its foray into the 10-minute delivery, the quick commerce space has been heating up with many activities revolving around quick delivery. 

13 May 2022

Crypto industry seeks clarity on GST

According to various reports, the GST Council is mulling a 28% tax on cryptos, and the industry says it is open to dialogue with the council on this issue.

12 May 2022

LTIMindtree to see growth in BFSI and retail verticals, say analysts

Along with revenues ($3,513 million), the combined entity’s employee headcounts will also increase. LTI has over 46,000 manpower and there are more than 35,000 employees in Mindtree.

10 May 2022

Bitcoin price down; experts say cryptocurrency assets can shed up to 20%

For a few days now, the largest cryptocurrency by volume Bitcoin’s price has been on a downward trajectory, and was standing at below $36,000 on Saturday.

09 May 2022

L&T Infotech and Mindtree merge to become India's fifth largest IT services provider

The merged entity, which will be called LTI Mindtree, has now become the fifth largest IT services provider after TCS, Infosys, HCL and Wipro in terms of market capitalisation

06 May 2022

Cognizant net up 11%; supply-demand imbalance presents challenges: CEO

Of 3,40,000 employees globally, India has over 2,40,000 associates across the country. 

06 May 2022

Amazon says Indian exporters to hit USD 5 billion mark on its marketplace

Indian sellers on the Amazon Global Selling programme are on track to surpass the $5 billion mark in cumulative exports. 

05 May 2022

Acquisitions are complementing our offerings, says Wipro CEO

Late last year, the company acquired Edgile, a cybersecurity firm, for $230 million and LeanSwift, a US-headquartered system integrator of Infor Products, for $21 million.

04 May 2022

Food delivery platform Swiggy all set to start drone trials for grocery service

The buzz around grocery delivery service has reached new heights, as online food delivery major Swiggy will make use of drones for its grocery service Instamart.

01 May 2022

Wipro to hire 38,000 freshers in FY23; offers quarterly promotion

The IT major will also increase the frequency of the promotion cycle for 70% of employees in junior bands on a quarterly basis.

30 Apr 2022

IT major Wipro reports 4% increase in fourth quarter net profit at `3,087 crore

IT major Wipro on Friday posted a 4% increase in consolidated net profit for the fourth quarter ended March 31, 2022, at Rs 3,087 crore compared to Rs 2,972 crore in the same quarter last year.

30 Apr 2022

LIC policyholders open record number of demat accounts

“These people are eligible to participate in the IPO if they open their demat accounts. Also, till now a record number of demat accounts have been opened.

29 Apr 2022