IT firms likely to see muted revenue growth  in first quarter of 2024

TCS chairman N Chandrasekaran in the company’s annual general meeting said there will be volatility in different markets on customer spending in the nearby quarters.

05 Jul 2023

Groceries are Amazon's fastest-growing category

Amazon Fresh was officially launched in November 2021 as a single unified store after the merge with pantry.

01 Jul 2023

Opening the door on critical, emerging tech

Advancing cooperation on research and development in 5G and 6G as well as facilitating deployment and adoption of Open RAN in India is one of the focus areas under the India-US tech partnership.

30 Jun 2023

Generative AI is a win-win for business and clients: LTIMindtree's Nachiket Deshpande is among the first-of-its-kind generative AI platform that solves key concerns that enterprises are facing in their journey to adopting the technology, says director Nachiket Deshpande.

30 Jun 2023

Byju’s says loan dispute will be resolved in a few weeks

Edtech firm Byju’s co-founder and CEO Byju Raveendran on Thursday tried to clear the air and alleviate the panic by asking his team to “rise above the noise”.

30 Jun 2023

Prosus slashes Byju’s valuation to USD 5.1 billion

Prosus, which holds less than a 10 per cent stake in Byju’s, has invested USD 536 million in it since 2018.

28 Jun 2023

Byju’s delays PF payments of staff for six months

Edtech firm Byju’s, which lost its auditor last week, has been delaying the provident fund (PF) payments of several employees for almost six months now.

27 Jun 2023

Byju’s troubles deepen as its auditor resigns

After a delay of 18 months, Byju’s filed its FY21 financials in September 2022. But, the company is yet to file its FY22 statement with the corporate affairs ministry.

23 Jun 2023

Ecommerce firm Snapdeal close to break-even

The company witnessed an increase in its net delivered units by 88%, rising from 18.56 million in FY21 to 34.92 million in FY22.

23 Jun 2023

 Infosys co-founder Nilekani donates Rs 315 crore to IIT Bombay

Nilekani joined IIT Bombay in 1973 for a Bachelor’s degree in electrical engineering. The donation marks the golden jubilee of Nilekani’s association with the Institute.

21 Jun 2023

Nasdaq-listed IT firm Cognizant celebrates 25 years as public company

The company said it will expand its footprint in smaller cities in India in support of its hybrid work strategy.

21 Jun 2023

Byju’s fresh layoffs to impact 1,000

This decision comes at a crucial time when Byju’s hasn’t made any further payments including interest on a $1.2 billion Term Loan B (TLB).

20 Jun 2023

Indian IT companies set to ride huge generative AI wave

Top, mid-tier IT firms have announced their partnerships,  offerings in AI in past few weeks

18 Jun 2023

Company believes in human + AI, not human vs AI: Infosys

Talking about Topaz, Bali said it enables enterprises to operate with never-before efficiencies while unlocking new avenues to business value.

17 Jun 2023

Security forces clash with mob in Imphal, houses set on fire 

Army and Assam Rifles columns intensified patrolling, taking down barriers wherever they had been created.

15 Jun 2023