Even as most new-age technology stocks continue to underperform, Perfios, a provider of Software as a service (SaaS) solutions for banking and financial services industry, is readying itself to hit…
Category: Companies
Harvard, Oxford, MIT in India? Students welcome UGC’s draft legislation for Indian branch of foreign universities
The University Grants Commission of India on Thursday put forth a draft legislation for public feedback and review that would facilitate foreign universities to set up branches in India as…
Shark Tank India 2: ‘Keep hustling,’ says boAt’s Aman Gupta to STAGE founders
Most entrepreneurs face hiccups, be it a lack of funding or being on the verge of shutting down. But how they deal with these challenges and emerge stronger is what…
Amazon layoff signals more pain for tech sector as recession fears mount
The massive job cuts by Amazon.com Inc, one of the biggest private employers in the United States, show the wave of layoff sweeping through the tech sector could stretch into…
RBI says fresh KYC process can be done by visiting bank branch, or remotely via V-CIP; check details
Reserve Bank of India on Thursday said fresh KYC process can be done by visiting bank branch or remotely through Video Based Customer Identification Process. As per the present guidelines,…
Bed Bath & Beyond exploring options including bankruptcy, shares fall 13%
Bed Bath & Beyond Inc on Thursday said it was exploring options including a bankruptcy filing to address the U.S. home goods retailer’s plunging sales, dwindling cash and debt load,…
Vimeo to lay off 11% staff, Indian-origin CEO says ‘hard decision’ but ‘responsible choice’
Vimeo has added its name to the list of numerous tech companies announcing layoffs. The American video-hosting platform has said that will let go 11 percent of its staff. CEO…
‘Appears to be unprofessional’: DGCA issues show cause notice to Air India officials, crew for urination incident
Aviation regulator DGCA on Thursday said Air India’s handling of urination incident “appears to be unprofessional” and has led to a systemic failure. The assessment pertains to the incident of…
Manchester City announces a new partnership with Jio: All about it
UK football club Manchester City has on Thursday announced a new regional partnership with Jio Platforms Limited. As part of the agreement, Jio will become the Club’s Official Mobile Communications…
Amazon, Google, Meta layoffs: Is switching to F-1 student visa an option for NRIs with H-1B visa?
The mass layoffs in US tech giants Meta, Twitter, Amazon, and others have left many Indian techies and professionals at the risk of being deported. With the notice period for…