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Explained: Why India is adding unicorns at a slower pace than 2021

According to a recent survey by Iron Pillar Funds, India is set to have 250 unicorns by 2025

Apple stops accepting payments using credit cards issued by Indian banks

In April this year, Apple had also allowed users in India to make payments using Apple's ID account using UPI and netbanking

Cognizant net income up 11.5%, to hire 50K from campuses this year

India will see the majority of this hiring

Cognizant Q1 meets Street estimates; net income rises 11.5% to $563 mn

Net income was up 11.5 per cent year-on-year, but down from $576 million in the quarter ended Oct-Dec 2021.

Second innovation hub in US to strengthen TCS lead position in market

Firm hires over 7,000 in the US in FY22; numbers may go up in FY23

A century in style: Fintech firm Open becomes India's 100th unicorn

The countdown for 100 unicorns had begun early in the year itself but the Russian attack on Ukraine had paused the startups' rush to touch the $1-billion valuation

L&T Infotech and Mindtree merger to start on strong foundation: Analysts

L&T Infotech and Mindtree merger: Keeping in mind strong growth momentum, analysts tracking the sector were not too confident if this would be the right time to go in for a merger.

Algo Rhythm: Indian technology innovation gaining pace, shows data

Indian companies filed 138,000 tech patents in India between 2015 and 2021

Why cybercrime is running rampant in India and how to stay secure

CaaS, or Crimeware-as-a-Service, is on the increase, and it can facilitate a raft of criminal activities online

Sebi to join Account Aggregator ecosystem, says Chairperson Madhabi Buch

AA ecosystem is a UPI moment for the lending ecosystem as it will allow sharing of data seamlessly and fast and without the need for physical documents.

Wipro logs 3.8% rise in Q4 profit; pegs FY23 revenue growth at 16-18%

The company said it saw a drop of 500 bps in attrition on a quarterly basis

India continues to hold top position in internet shutdowns: Access Now

After India, Myanmar imposed the highest total number of shutdowns in 2021, with 15 disruptions, followed by Sudan and Iran with five shutdowns in each country

Wipro announces acquisition of global SAP firm Rizing for $540 mn

The deal, which is expected to close by June 30, will strengthen acquirer's capabilities in large SAP transformative engagements

TCS, Infosys come to terms with reality of real-time recruiting

The process runs unabated on a loop for large parts of the year, aided by online platforms

Truemeds raises $22mn in series B funding round led by Westbridge Capital

The company plans to utilise the funds to accelerate growth in the untapped domestic market and expand its coverage across the country

Swiggy starts accelerator plan for delivery execs to assume managerial jobs

It's an industry-first move that will give such execs fixed pay and additional benefits; others likely to follow suit with similar schemes

IT companies may not follow HCL Technologies on freshers' salary

Though HCL Tech has bit the bullet, industry majors, which too are battling high attrition, have not given any such signal, so far.

VC investments fall 25% sequentially in Q1CY22: KPMG's Venture Pulse report

Rising commodity prices, geopolitical uncertainty weigh on sentiment: KPMG report

Nykaa spends Rs 50 crore to acquire Earth Rhythm, two other brands

Also picks up stakes in Nudge Wellness and Kica

13-15% growth guidance strongest for Infosys: MD & CEO Salil Parekh

Infosys Chief Executive Officer and Managing Director Salil Parekh said the guidance of 13-15 per cent is the strongest ever for the company at the start of a financial year (2022-23)