Companies

Accenture slashes 19K jobs; tech mayhem deepens amid global economic crisis [details]

Global IT services firm Accenture, which has a large presence in India, on Thursday announced to lay off nearly 19,000 employees amid the challenging global macro-economic conditions and slow revenue growth

Mar 23, 2023

TCS CEO Rajesh Gopinathan resigns to pursue other interests

TCS CEO Rajesh Gopinathan resigns; K. Krithivasan is CEO Designate [details]

Rajesh Gopinathan, Chief Executive Officer and Managing Director of Tata Consultancy Services (TCS) has tendered his resignation, which will be effective from September 15, 2023.

Mar 16, 2023

Confused with US's SV Bank crisis, besieged SVC Bank threatens legal action

SVB collapse explained: What happens to your deposits in worst-case scenario [details]

Silicon Valley Bank crisis has snowballed into a major concern for investors, startups and VCs. Here's an explainer of the whole issue, what led to the SVB collapse and what comes next.

Mar 12, 2023

Confused with US's SV Bank crisis, besieged SVC Bank threatens legal action [details]

Hours after the crisis affecting the Silicon Valley Bank (SVB), the US, hit the headlines, panic gripped customers of a 116-year-old Mumbai-based entity, the SVC Bank.

Mar 12, 2023

SVB collapse: Minister Chandrasekhar to meet Indian startups to see how govt can help them

The bank's collapse is going to impact several startups in India which have exposure to its investments and have parked their funds in the bank.

Mar 12, 2023

Charting the rise and fall of Adani group shares before and after Hindenburg Report: No sign of relief or debt refinance yet

Five weeks after the scathing Hindenburg Report came out, almost all of the Adani Group's listed companies are plunging. Here is our take on the stock's up and down volatility before and after the Hindenburg Report

Feb 28, 2023

Citibank halts applications for new credit cards, accounts; merger with Axis Bank nearing

Citibank will be merged completely with Axis Bank sooner than later as the former has stopped sourcing credit card applications for new users as well as new account openings.

Feb 8, 2023

Indian IT services industry to witness slow growth in FY2023, hiring to slow down: ICRA

ICRA's sample shows YoY revenue growth of 9.9 per cent in dollar terms in the nine months of FY2023, against 17-18 per cent YoY growth in dollar terms in FY2022.

Feb 7, 2023

Aritra Digimedia focuses on creating integrated digitally empowered PR campaigns for startups and SMEs

Aritra Digimedia says In a time when google is the most trusted partner people reach out to for any kind of information, support or opinion, it is essential to outline your digital PR strategy wisely.

Feb 4, 2023

Nick Chandi's ForwardAI Was Born from Business Failures; Today it Helps Stop Them

Forward AI founded by Nick Chandi changes how lenders and small businesses navigate the lending process, making it simple and efficient for all parties involved.

Feb 3, 2023

Who is Philipe Haydon; former Himalaya CEO joins Dabur India to lead healthcare [details]

Philipe Haydon, former Himalaya chief, joins Dabur India; set to lead healthcare [details]

Philipe Haydon, who retired as CEO at the Himalaya Drug Company after four decades has joined Dabur India to lead healthcare.

Feb 2, 2023

COO Interview: William Kok, the Future of Global Infrastructure Analysis

William Kok said For carriers, cloud, and CDN companies, it's important to measure user experiences since there can be network jitter or latencies

Jan 31, 2023

Adani counters Hindenburg's 219-page accusations with scathing 413-page rebuttal [details]

On Sunday, Adani Group responded to unsubstantiated allegations and misleading narratives peddled by Hindenburg Research at length in an over 400-page response backed by relevant documents.

Jan 30, 2023

Hindenburg Research welcomes legal action from Adani; has long list of documents to demand in discovery [details]

Adani Group, however, stated in a statement issued on January 25 that it was "shocked" that the research had been released without the business being consulted.

Jan 26, 2023

Vistara reports net profit; crosses $1bn revenue mark in FY23 [details]

Vistara, a joint venture of Tata Sons and Singapore Airlines, has reported a net profit (excluding unrealised foreign currency loss and non-operating income) for the quarter that ended December 2022

Jan 23, 2023

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Companies

Accenture slashes 19K jobs; tech mayhem deepens amid global economic crisis [details]

TCS CEO Rajesh Gopinathan resigns; K. Krithivasan is CEO Designate [details]

SVB collapse explained: What happens to your deposits in worst-case scenario [details]

Confused with US's SV Bank crisis, besieged SVC Bank threatens legal action [details]

SVB collapse: Minister Chandrasekhar to meet Indian startups to see how govt can help them

Charting the rise and fall of Adani group shares before and after Hindenburg Report: No sign of relief or debt refinance yet

Citibank halts applications for new credit cards, accounts; merger with Axis Bank nearing

Indian IT services industry to witness slow growth in FY2023, hiring to slow down: ICRA

Aritra Digimedia focuses on creating integrated digitally empowered PR campaigns for startups and SMEs

Nick Chandi's ForwardAI Was Born from Business Failures; Today it Helps Stop Them

Philipe Haydon, former Himalaya chief, joins Dabur India; set to lead healthcare [details]

COO Interview: William Kok, the Future of Global Infrastructure Analysis

Adani counters Hindenburg's 219-page accusations with scathing 413-page rebuttal [details]

Hindenburg Research welcomes legal action from Adani; has long list of documents to demand in discovery [details]

Vistara reports net profit; crosses $1bn revenue mark in FY23 [details]

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]