Page 1726 - Company News

Paytm pre-IPO investors seem not in a hurry to sell, say analysts

On Tuesday, 86 per cent of Paytm's shares became free to trade after end of lock-in period but that had a minimal impact on the stock

Social media platform Koo becomes second-largest microblog in the world

Koo is the only Indian microblog competing with other global microblogging platforms such as Twitter, Gettr, Truth Social, Mastodon, Parler and stands second (after Twitter) in terms of user downloads

upGrad to hire over 1,400 people between Nov 2022 and March 2023

According to an official report, the company has made offers to hire people across India and global offices between November 2022 and March 2023

LIC's sale of RCAP debt of Rs 3,400 cr to ACRE upsets lenders, bidders

LIC is conducting a Swiss Challenge process to invite bids (EOIs) from Asset Reconstruction Companies (ARCs) to sell its exposure in the Reliance Capital

BeatO raises $33 mn from Lightrock India, HealthQuad, Flipkart and others

The fresh funds will be utilised to expand BeatO's diabetes care programmes pan-India, invest in strengthening the leadership team and to further invest in its product and technology, the startup said

US fines Air India $1.4 mn for 'extreme delays' in passengers refunds

'A flight cancellation is frustrating enough, and you shouldn't also have to haggle or wait months to get your refund'

Where did big tech and startups go wrong on hiring?

After Twitter and Meta, Amazon is planning to lay-off a big chunk of its workforce. Reports say that it would fire close to 10,000 employees. What led to this situation? And what's the road ahead?

Amazon layoffs in India may be higher than other tech majors: Report

Including direct and indirect jobs, Amazon employs over 1.1 million people in India

Tata Group to open 20 'beauty tech' outlets, in talks with foreign brands

The move pits Tata against LVMH's Sephora and domestic rival Nykaa for a share of the fast-growing $16 billion beauty and personal care market in the world's second-most populous country.

Over 50% Indian firms experienced economic crime in 2 years: Survey

95% of them suffered new types of fraud as a result of the disruption caused by Covid-19

Bharti Airtel starts offering 5G service around 13 locations in Gurugram

Telecom operator Bharti Airtel on Tuesday announced the launch of 5G services at around 13 locations in Gurugram

SBI nominates Ministry of Finance secretary Vivek Joshi on its board

State Bank of India (SBI) on Tuesday said the government has nominated Vivek Joshi to its board following the cessation of the previous director

Twitter is very slow in India, Indonesia & many other countries: Musk

Billionaire entrepreneur Elon Musk has said Twitter is very slow in India and many other countries

Google adds UPI's auto payment feature on Play Store for app subscriptions

Google has added UPI's auto payment system to the Play Store in India to enable users make recurring payment for apps subscription with one-time permission, the company said in a blog on Tuesday

Sebi penalises Global SNC, proprietor for unregistered advisory services

Sebi on Tuesday levied fines totalling Rs 6 lakh on Global Invest Consultant and Advisor/The Global SNC and its proprietor Rakesh Aashware for providing unauthorised investment advisory services

Google adds Sleep Profile to its Pixel Watch to help users improve sleep

Google has added Sleep Profile to the Pixel Watch, giving more ways to understand user sleep information, more insight into their sleep style over time

Q2 earnings: Corporate profits decline, a first in nine quarters

The combined net profit of 2,725 listed companies across all sectors was down 6.3 per cent year-on-year (YoY) in Q2 -the first contraction after eight consecutive quarters of YoY growth

Blackstone launches platform to expand foray in Indian data centre segment

US private equity player Lumina CloudInfra's to add 600 megawatts of critical IT load

IndiGo Cargo starts with 1st freighter flight between Delhi, Mumbai

IndiGo commenced operations of its first A321 Freighter aircraft between Delhi and Mumbai from Tuesday

WhatsApp India boss Abhijit Bose, Meta India public policy head quit

This development comes close on the heels of Meta laying off 11,000 employees worldwide, or about 13 per cent of its workforce, as it battles faltering revenue and broader tech industry woes