The finance minister is of the opinion that with more money in taxpayers hands under the new I-T regime, they would be the best judge to decide their own choice for investment.Finance Minister Nirmala Sitharaman charted out the pitfalls that had to be avoided and the challenges presented by a …
Read More »Exclusive: Microsoft-Backed FarEye Fires 90 Employees In Second Round Of Layoffs Within 8 Months
The layoffs took place earlier this week and impacted employees across departments, including tech, sales and product FarEye CEO Kushal Nahata cited macroeconomic headwinds for the layoffs and said the reduction in staff was necessary to align business strategy with market demand In June last year, the SaaS logistics startup, …
Read More »Next big thing in India’s influencer marketing universe—IIM classes, LinkedIn to ShareChat
Move aside models, marketing agencies like IPLIX and Vavo Digital, run by 20-somethings, are combing through endless Instagram Reels, YouTube videos and occasionally ‘lol’.Agroup of people huddle inside a small studio to brainstorm content strategy for their influencer clients. They comb through endless Reels, YouTube videos and occasionally ‘lol’. But …
Read More »TotalEnergies hails partner Adani Group plan to hire one of the Big 4 auditors
The sobriquet Big 4 refers to Deloitte LLP, Ernst & Young LLP, KPMG LLP and PwC. One of Adani Group’s international partners, the French energy giant TotalEnergies SE, said that it welcomes the announcement of the Adani Group to mandate one of the big four accounting firms to carry out …
Read More »Binance-WazirX Dispute Rages as the Indian Crypto Exchange Is Told to Move Funds Out of Binance
The solution ostensibly ends worries about what would happen to customer funds if Binance and WazirX end their collaboration. Binance has invited Zanmai Labs, the entity operating Indian crypto exchange WazirX, to work out arrangements to withdraw any remaining assets held in Binance wallets, according to a blog post on Friday. The …
Read More »Mukesh Ambani becomes richest Asian again as stock meltdown wipes billions off Gautam Adani’s net worth
Gautam Adani has lost his title of Asia’s richest person to Mukesh Ambani as a rout in his conglomerate’s stocks deepened to $74 billion after a US-based short-seller report.Mukesh Ambani, Chairman of Reliance Industries, once again reclaimed India and Asia’s richest spot with a net worth of $81 billion, according …
Read More »Byju’s layoffs: IIT graduate who lost his job says, ‘Jo hota hai…’
Byju’s has laid off another 1,000-1,200 employees, as the world’s most-valued edtech company seeks to bring down costs amid slower revenue growth and a worsening funding winter. Ed-tech firm Byju’s laid off 1,000 to 1,200 more employees in its second round of layoffs in the last few months amid mass …
Read More »Amul hikes milk prices. Check details
The price of Amul Gold will now be Rs 66 per litre, Amul Taaza will be Rs 54 per 1 litre. Gujarat Cooperative Milk Marketing Federation Limited, which markets the Anand-based cooperative brand Amul, on February 3 announced a hike of up to Rs 3/litre on fresh milk. After this …
Read More »Adani Group Value Halved, $100 Billion Wipeout As Stocks Nosedive
Adani Power, Adani Green Energy, Adani Total Gas and Adani Transmission were also suspended when they hit their limits. Mumbai: Billionaire Gautam Adani denied Friday that his rise to become Asia’s richest man — a title he has lost in a phenomenal stock rout — was due to Prime Minister …
Read More »Google CEO Sundar Pichai says its ChatGPT rival coming soon as a ‘companion’ to search
Users will soon be able to use language models “as a companion to search,” Pichai said on a conference call following the internet search giant’s fourth-quarter earnings report on Thursday. Alphabet Inc. Chief Executive Officer Sundar Pichai said Google will make artificial intelligence-based large language models like LaMDA available “in …
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