Uma Kannan

ONDC to generate jobs in logistics & supply chain

Recently, with an aim to capitalise on ONDC opportunities, last-mile logistics firm Shadowfax said it will be hiring 10,000 new riders and delivery partners. 

28 May 2023

Angel tax: Singapore, Mauritius not in exempted list

Government identifies 21 countries, from which investments in domestic start-ups will not attract this tax

26 May 2023

Will changes in angel tax rules help start-ups?

The inclusion of a safe harbour of 10% will allow some flexibility for the promoters to negotiate for a better price.

22 May 2023

Swiggy's food delivery business has turned profitable: CEO

Majety's blogpost comes two days after US-based asset management firm Baron Capital Group reduced its valuation of Swiggy by 34 per cent to USD 7.1 billion as of December 2022.

19 May 2023

'Important to allow yourself to grieve': Tech layoffs impact nearly 2 lakh employees in 2023

According to, which tracks tech layoffs, 687 tech companies have laid off 1,97,837 employees so far in 2023. Here's how some of them are coping...

18 May 2023

Gen-z: Dating apps swipe right

Domestic, international dating apps ring the cash register as youngsters look for love online.

14 May 2023

CEO says ONDC to bring efficiency, innovation as platform sees more users

From just 1,000 transactions a day in March, last week, the food and grocery domain on the Open Network for Digital Commerce (ONDC) has witnessed 20,000 transactions. 

10 May 2023

Top IT firms' employee hiring falls 69 per cent in FY23

Experts say during pandemic, IT firms overestimated demand and since attrition rate was up, they over-hired in FY22

29 Apr 2023

Crypto industry sees ‘muted optimism’

In 2022, the industry had faced turmoil with FTX, LUNA collapses that jolted the crypto market.

25 Apr 2023

Cost efficiencies, skilled manpower attract offshore units to India

Amid gloomy economic outlook, firms considering moving work to less expensive locations

23 Apr 2023

HCLTech Q4 net profit rises 11 per cent at Rs 3,983 crore, revenue increases 18 per cent

For FY23, the company’s revenue crossed the Rs 1,00,000 crore mark. HCLTech Services revenue for the full year was up 15.8% in constant currency.

21 Apr 2023

Aequs sees good growth and demand in Aerospace

The company has manufacturing operations across three clusters- Belagavi Aerospace Cluster (BAC), Koppal Toys Cluster (KTC), and Hubballi Durable Goods Cluster (HDC), located in North Karnataka.

19 Apr 2023

Cognizant rolls out hike to over 3 lakh employees

In January this year, Ravi Kumar was appointed as CEO. He had said that his immediate focus is on creating the conditions for the company's associates to excel.

19 Apr 2023

Private Equity activity lowest in eight quarters in Q1

It recorded only 256 deals worth $5.3 billion, which is the lowest in the last eight quarters, according to the deal tracker report by Grant Thornton Bharat.

19 Apr 2023

Amid global economic stress, IT sector hiring falls 25 per cent this fiscal

With the BFSI stress and challenges in the global economy amid inflation, the future of employment in the IT services sector, at least for a few quarters, doesn’t look promising. 

18 Apr 2023