Page 19 - Shivani Shinde

Oyo buys leading US hotel chain G6 Hospitality from Blackstone for $525mn

Oyo has steadily expanded its footprint in the United States since its launch in the region in 2019 and currently operates over 320 hotels across 35 states

TCS announces launch of new delivery centre in Poland, aims to expand ops

The centre forms part of TCS' European delivery network, facilitating the delivery of hyper-connected services

Revved up! Nykaa scales its same, next-day deliveries to 110 cities

Nykaa has expanded its supply chain network to 44 warehouses across India by FY24, up from 18 in FY21

IT staffers' FY25 average salary hikes likely to be 5.5-8%, say experts

Experts say top performers may continue to see increases ranging from 12-18%

Fast food delivery saves time but costs consumers Rs 9K-11K crore annually

A report reveals that food aggregators' pricing models include small, seemingly negligible fees, which can add up significantly, affecting consumers' wallets without immediate notice

TCS signs deal with McDonald's Philippines to digitise ops at 760 outlets

Indian company will implement an advanced upgrade of McDonald's IT systems in the Philippines

iBUS Network and Infrastructure receives Rs 280 crore investment from IFC

This investment will bolster iBUS's plans for both domestic and international growth

Cobalt serves as a funnel for Infosys' AI-led deals under Topaz platform

Even as the company launched Topaz, its AI-first offering last year, Cobalt has been preparing clients for their next big jump in adopting AI

Microsoft announces Wave 2; AI integrated across all Microsoft 365 products

With these updates, Microsoft is bringing together work, web, and pages. Along with this, Copilot is now part of Excel, PowerPoint, Outlook, and OneDrive

Tech challenge in India's smaller cities: Training key to talent retention

The market intelligence firm studied 120 companies in Tier-II cities

Nazara to acquire PokerBaazi parent Moonshine Technology for Rs 982 cr

PokerBaazi is India's largest online poker platform, contributing over 85% of Moonshine's net revenue, while its fantasy sports platform, SportsBaazi, contributes 12%

WhatsApp's Business & Click to WhatsApp revenue doubles in a year

"India is one of the top markets for WhatsApp globally, not just in terms of users but also in messaging," said Sandhya Devanathan, Meta vice-president, India

WhatsApp launches Meta Verified badges for small businesses in India

Meta Verified will now be available to all eligible small businesses in India using the WhatsApp Business app

70% of Fortune 500 firms will expand reach to India by 2030: Report

Nasscom-Zinnov report says India has become the GCC capital of the world

Companies to roll out Rs 1.2 trillion EV, chip projects in Maharashtra

These investments span across segments like EVs, hybrids and semiconductors

India's edtech sector sees 30% drop in funding to $215 mn amid slowdown

According to the report, the Indian edtech sector reported the highest-funded quarter in Q3 2021 with an overall funding of $2.48 billion

Unicorn India Ventures eyes a new chapter, aims to be a cross-border fund

Cross-border funds have their unique advantages: they allow funds to build strong connections in two countries and create a network that encompasses both regions

IT revenue per head rises 6% in June quarter of FY25, says report

Revenue per employee or RPH is an important parameter in the industry as it is considered to be a proxy for pricing trend

NCLT asks US lenders of edtech company Byju's to file fresh appeal

This means that the US term loan lenders will not be party to the discussion of the CoC

Entrepreneurship becomes the new frontier for freshers, shows study

Even as institutes offer dedicated entrepreneurship courses, they struggle to choose between promoting entrepreneurial skills or traditional employment paths