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 layoffs.fyi, 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
Vizhinjam seaport protests: Police station attack was with 'ulterior intention', says Kerala CM
'The Kashmir Files' controversy: Apologies if my remarks were interpreted differently, says Nadav Lapid
Will fight again, against what is wrong: Bilkis Bano on remission given to her rapists
Tamil Nadu amended law that allows Jallikattu seeks to prevent cruelty on animals: State tells SC
India dismisses China's concerns on military exercise with US in Uttarakhand
'Bazball' powers England to new first-day record against Pakistan in 1st Test