Paytm to let go of more employees as part of its annual performance review
In the tumultuous seas of the fintech realm, Paytm, a flagship vessel under the banner of One 97 Communications, finds...
Zepto becomes first E-commerce company to introduce platform fee
With the announcement of platform fees by Zepto, a rising star in the industry, the fast commerce environment is undergoing...
IBM starts with layoffs amid push towards AI
Even the biggest names in technology, like IBM, have to adjust to the ever-changing landscape of innovation and flexibility in...
Adidas posts first loss in 30 years, forecasts possible decline in North America sales
The well-known German sportswear company Adidas unexpectedly announced its first yearly deficit in more than three decades. The loss, which...
Japanese workers secure biggest salary hike in three decades
Japanese companies are giving out large pay raises in a historic turn of events, the largest rises in more than...
NCLAT upholds the transfer of ownership of Jet Airways to Jalan Kalrock Consortium
The National Company Law Appellate Tribunal (NCLAT) upheld the airline's ownership transfer to the Jalan Kalrock Consortium (JKC), paving the...
Peak XV to launch perpetual ‘Anchor Fund’ backed by its partners
Peak XV Partners, a.k.a. Sequoia Capital India, has declared the opening of the Peak XV Anchor Fund, a new investment...
501.86 complaints per branch received by RBI against PPBL in FY22-23
India's digital payments scene has changed dramatically in recent years, with Paytm Payments Bank Ltd (PPBL) having to deal with...
Byju’s adopts Work-from-Home policy for most employees amid ongoing financial crisis
In the throes of a financial storm, edtech behemoth BYJU’S finds itself at a crossroads, opting for a rather pragmatic...
Byju’s vacates almost all office spaces across India
One of the leading edtech companies, Byju's, has taken a radical step in response to an impending liquidity issue. As...