SoftBank-backed Inmobi has fired about 50-70 people on performance metrics. According to a source, the employees impacted are from Inmobi and the firm's lock screen-based content provider Glance. This comes even as the company announced that it will skip increments for CY23 and also undertake recruitment only when required. The Inmobi group has a total headcount of 2,600.
They discussed at length India's rapid progress in the space sector, including various space exploration missions being undertaken by India, the Ministry of External Affairs said in a press release.
Prime Minister Narendra Modi has met leading American economist Paul Romer, investor and co-founder of hedge fund, Bridgewater Associates Ray Dalio, and other eminent thought leaders and exchanged views with them and briefed them about the reform trajectory of his government to foster economic growth. Prime Minister Modi is in New York on the first leg of his maiden state visit to the US at the invitation of President Joe Biden. Modi and Romer held discussions on India's digital journey, including the use of Aadhaar and innovative tools like Digilocker.
'We aim at establishing India as an early talent hub on a global scale and are actively recruiting professionals in areas like cybersecurity, machine learning, data science, and other relevant fields.'
She took fun to the next level wearing sequins, the hottest trend of summer, on her face.
This simplest of lentil recipes had with rice and some crispy onions makes for a deeply-satisfying meal.
Venture Capital giant Sequoia India & Southeast Asia has rebranded itself to Peak VX Partners. The VC firm will now manage its assets under management (AUM) in the region of over $9.2 billion across 13 funds independently. The rebranding exercise followed Sequoia Capital's break-up into three independent entities across the globe. Besides Sequoia India & Southeast Asia, Sequoia China business has adopted the name HongShan in English (it will
Shardul also had a grand Sangeet and Haldi ceremony over the weekend, pictures of which went viral.
Some lessors have even taken the airline to court.
HealthifyMe is an app that connects users to fitness trainers virtually, motivate them on goals.
While funds will not be a constraint, the challenge for Aasaanjobs will be to reach out to people with no internet, says M Saraswathy.
As billions of dollars flow into India's booming online economy, some investors are beginning to fret that soaring valuations could hamper market listings.
as the FAME II deadline of March 31, 2024, nears, EV manufacturers are worried about their investments and future plans.
E-commerce player Meesho, backed by marquee investors like SoftBank Group and Meta Platforms, will look at an initial public offering (IPO) only in 2025, and till then, its focus will be on generating profits after tax and not just on being Ebitda (earnings before interest, tax, depreciation and amortisation)-positive, top sources in the company told Business Standard in New Delhi. In a clear shift of strategy, the company, which has reduced its cash burn by 85 per cent, is now looking to trim its annual revenue growth target to 40 per cent from the 100-plus per cent earlier. The sources, however, said even this level of growth was far higher than that of most e-commerce companies.
Co-founders Vamshi Krishna Reddy and B Surya Shive Shanker of Apalya Technologies, which is betting big on live streaming of IPL matches till 2012 share their success mantras.
Prime Minister Modi's remarks on Thursday came during his address to a joint session of the US Congress. He attributed a big part of the success of India-US ties to Indian-Americans.
SoftBank-backed hospitality major OYO is planning to reduce the number of shares it aims to sell through public listing because of reduced capital requirements and technology headwinds. This comes at a time when valuations of start-ups, including that of OYO, have taken a hit. "OYO earlier filed papers for its IPO (initial public offering) based on its funding requirements at the time.
The IPL, with an estimated brand value of $8.4 billion, continues to attract the world's top players and coaches.
Indian Institute of Technology Madras (IIT Madras) said on Monday that it had raised the highest-ever corpus of annual funds for the institution, garnering Rs 231 crore from alumni, industry and individual donors for 2022-23 (FY23). Its funding increased 76 per cent year-on-year (YoY) compared to Rs 131 crore in FY22, according to data shared by the institute. The number of donors contributing more than Rs 1 crore increased 64 per cent YoY.
Setting the tone for his 2024 re-election bid, Prime Minister Narendra Modi on Tuesday called for waging a war against the 'three evils' of corruption, appeasement and dynastic politics, stepped up the OBC outreach with a mega scheme and exuded confidence he would return to address the nation from the Red Fort next year.
'To set up a successful business, one must have a solution to an existing problem or a better way of addressing the current solution.'
US-based co-working operator WeWork, Lowe's India, SpiceJet and startups like CureFit stepped in to offer employment to the distressed workers at Jet.
'Yesterday, I was at a seed meeting where we gave outright grants up to Rs 20 lakhs or loans up to Rs 50 lakhs for new start-ups under 2 years.'
Prime Minister Narendra D Modi's itinerary for his June 21-24 US visit could include an address to a fledgling business advocacy group, the US-India Strategic Partnership Forum.
Bitten by the entrepreneurial bug, IIM alumnus Rahul Chigopkar jumped into one of the most lucrative area of 2011 in India- Deals. But what happened to IzziDeals? Rahul shares his experiences with us.
Kiran Mazumdar-Shaw talks to Nikita Puri about her book Mythbreaker.
Swiggy, a Bengaluru-based food ordering and delivery start-up, says it aims to revolutionise this segment.
Begin by creating a household budget. Involve all family members in the exercise and cut costs wherever possible.
'Remember to pick a mentor, with whom there are one or two degrees of separation.' 'Any more than that, you are wasting time.'
Tamil Nadu's latest budget offers path-breaking initiatives and major boost for social infrastructure, which other state governments are sure to follow in the coming years, predicts N Sathiya Moorthy.
An assortment of envy-inducing cholis for the fashion heroes.
Experts are betting big on the clause that talks of capital gains.
'Advertising this season will help IPL surpass $550 million in ad revenues, across digital and pay TV.' 'It should still represent a steep loss against annualised 2023-2027 IPL rights fees of $1.2 billion.'
In India, thousands of lives are lost every year because of unavailability of organs
Rajasthan Royals skipper Sanju Samson rued the no-ball that cost his side the IPL match against Sunrisers Hyderabad.
In a development that has huge financial implications for existing as well as new operators, the Telecom Regulatory Authority of India has recommended fixing the price for 6.2 Mhz of pan-India start-up 2G spectrum at Rs 10,972.45 crore (Rs 109.724 billion), more than six times the present cost of Rs 1,658 crore (Rs 16.58 billion).
A glimpse of what the runway veterans have been up to.
The Lumoid site a is clean and user-friendly e-commerce experience, prompting visitors to select a category, like 'Landscape,' 'Sports,' and 'Student' for recommended custom created kits or 'Shop All Gear' for those who prefer to pick and choose the pieces they need.
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