Vedantu gives pink slips to 385 employees in 3rd round of layoffs this year

Edtech unicorn Vedantu has laid off 385 employees, nearly 11.6 per cent of the company workforce, according to sources. Illustration: Dominic Xavier/Rediff.com This move is being seen as part of a......

Unacademy gives pink slips to 350 employees in second round of layoffs

Unacademy is conducting another round of job cuts and laying off 350 employees or 10 per cent of its workforce of 3,500, as the SoftBank-backed edtech firm targets profitability and reduces costs,......

SoftBank warns its portfolio firms of cost cutting

After a recent fall in profit, Masayoshi Son of SoftBank announced that the Japanese tech investor will look at dramatic cost-cutting. Photograph: Toru Hanai/Reuters Before he does that,......

Funding may dry up for next 12-18 months: Unacademy CEO tells employees

Unacademy may see a funding dry spell for at least next 12-18 months and even last till 24 months and will cut costs to weather the lean period, said the chief executive of the education technology......

Indian cricket's superstar culture will continue to thrive

'Indian cricket, it seems, pays overwhelming obeisance to a vapid, old adage: The more it changes, the more it remains the same,' says Dhruv Munjal. IMAGE: India Captain Virat Kohli, Cricket......

Is IPL no longer the world's top T-20 contest?

The IPL, all of a sudden, may have some catching up to do with the Big Bash, says Dhruv Munjal. IMAGE: Royal Challengers Bangalore cheerleaders perform their gig to Bollywood songs. Photograph:......

Despite its problems, why the IPL continues to fascinate

Not Out! is a brilliant analysis of the IPL that explains why it alternates between thrill and scandal, says Dhruv Munjal. IMAGE: Royal Challengers Bangalore skipper Virat Kohli. Photograph: BCCI......

'Heroes' for season-ending golf

Chandigarh, India's golfing nursery, which has provided the nation with some of its biggest heroes in the sport, will yet again grab the spotlight when the crme of Indian golfing talent......