Online rental platform Frontdesk has become the first tech startup to lay off employees in 2024 -- its entire 200-person workforce -- during a “two-minute Google Meet callâ€....
Digital news startup The Messenger is reportedly laying off about 24 employees amid severe cash crunch, as its president Richard Beckman has announced to leave the company....
Motorola Mobility India on Wednesday announced the appointment of T.M Narasimhan as the Managing Director for its Mobile Business Group in the country....
Market has turned highly volatile with profit booking triggered by high valuations and even DIIs who have been consistent buyers are booking profits, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services....
Cryptocurrency firm Sinohope Technology (formerly Huobi Technology) reported more than 40 per cent loss for the first nine months of 2023, as its funds are still stuck in the collapsed crypto exchange FTX....
Buoyed by record food orders on New Year’s Eve, food delivery platform Zomato increased its mandatory platform fee to Rs 4 from Rs 3 per order across key markets....
Despite the recent increase in financial liabilities, household debt in India is much lower than in other emerging market economies (EME) and, therefore, the risk of defaults due to greater exposure of higher mortgage payments and floating rate interest is limited in India, according to the Reserve Bank of India’s (RBI) financial s...
Chinese automotive giant BYD has moved one step closer to topple Elon Musk-run Tesla as the world’s top EV manufacturer, after the Shenzhen-based company sold a record 526,000 electric vehicles in October-December 2023....
The Telangana Government has transferred N Sridhar, Chairman and Managing Director (CMD) of the state-owned Singareni Collieries Company Limited (SCCL) and has given Director, Finance, N Balram, IRS, full additional charge of the CMD....
Telecommunication Engineering Centre (TEC) -- the technical arm of the Department of Telecommunications (DoT) -- has brought 37 more products under the Simplified Certification scheme (SCS) with effect from January 1 which will reduce the time taken for certification from eight weeks to two weeks and promote ease of doing business, the Com...
