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
Canvas.ai 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
