Walmart-owed digital payments firm PhonePe has raised $100 million in a fresh funding round from venture capital investors Ribbit Capital, Tiger Global and TVS Capital Funds. The fundraise is part…
Category: Companies
Data Science top skill acquired in 2022; 83% plan to upskill in 2023: Great Learning
Data Science was the top skill acquired by learners in 2022, followed by Software Engineering and Management, according to a report by Great Learning. Upskilling has been the biggest trend…
Tata-owned Air India to buy 250 jets from Airbus, announces N Chandrasekaran
Tata-owned Air India has signed a deal to buy 250 aircraft from Airbus, group chairman N Chandrasekaran announced on Tuesday. The airline, which is on an expansion spree by starting…
Bengaluru, Mumbai sunshine locations for hiring: TeamLease report
Bengaluru, Mumbai, and Chennai have emerged as the cities with the highest hiring sentiment in the services and manufacturing sectors. According to a report released by TeamLease for Q4, close…
Two Adani firms may repay short-term commercial paper borrowings over next few months: Report
Two large companies within India’s embattled Adani Group are likely to repay their short-term commercial paper (CP) debt as they come due over the next few months, instead of rolling…
Adani Enterprises back in black in Q3, posts Rs 820-cr profit
Adani Enterprises returned to black in the December 2022 quarter as the flagship company of Gautam Adani-led conglomerate reported a net profit at Rs 820.06 crore on Tuesday amid strong…
Microsoft-owned LinkedIn lays off employees in recruitment department: Report
Microsoft’s LinkedIn has become the latest tech company to be hit with layoffs. The employment-focused social media platform LinkedIn has reportedly laid off employees from the recruitment department. According to…
IBM sues executive in US who joined Accenture; can the same happen to Indian IT employees?
Multinational IT company IBM filed a breach-of-contract lawsuit against Patama Chantaruck, a former employee of the company’s Thailand subsidiary, in the New York Southern District Court after she joined the…
BJP has ‘nothing to hide or be afraid of,’ says Amit Shah on Adani-Hindenburg row
Union Home Minister Amit Shah said that there is nothing for the Bharatiya Janata Party (BJP) to hide or be afraid of in the Hindenburg Research-Adani Group row. He added…
Gautam Adani slips to 24th spot on global billionaires’ list; net worth down to $52.4 billion
Chairman of the ports-to-power conglomerate Adani Group, Gautam Adani, has gone down to the 24th spot in the global billionaires’ list amid the ongoing row over the scathing report by…