BENGALURU/MUMBAI: Digital insure-tech firm Acko has let go of about 60 employees, roughly 5% of its workforce, as it undergoes a structural realignment with a greater focus on integrating artificial…
Category: Companies
Srinivas Narayanan, Kevin Weil, Bill Peebles: OpenAI lost 3 executives in one day as science division shuts down
In the space of a single Friday, OpenAI shed three senior leaders, shut down a division it had publicly championed just months earlier, and quietly signalled that its ambitions for…
After bindi, tilak row, Lenskart releases dress code allowing religious symbols: ‘Part of who we are’
has made its in-store dress and grooming policy public after facing criticism over alleged restrictions on religious expression. The move comes days after social media posts and employee accounts raised…
HDFC Bank senior management backs Keki Mistry to continue as chairman
Mumbai: After the sudden exit of former part-time chairman Atanu Chakraborty, the senior management of HDFC Bank remains hopeful that the appointment of Keki Mistry as interim part-time chairman could…
SMBC-backed Yes Bank poised for balance sheet expansion: MD Tonse
Mumbai: Backed by Japan’s Sumitomo Mitsui Banking Corporation (SMBC), Yes Bank has ample headroom to expand its balance sheet, as it focuses on improving operational efficiencies, new managing director and…
Lupin receives Form 483 after USFDA inspection of Somerset unit
Pharma major Lupin Ltd on Saturday said the US health regulator has issued Form 483 with three observations to its Somerset, New Jersey, facility in the US following an inspection.…
No impact of West Asia war on portfolio, says ICICI Bank’s Batra
Mumbai: Private sector lender ICICI Bank on Saturday said it has witnessed no impact of the West Asia war on its books and feels it is too early to predict…
Meta layoffs: 8,000 employees likely to be sacked in massive workforce purge on May 20
Meta, in a massive workforce purge, is likely to layoff around 8,000 employees, in its most significant since a restructuring in late 2022 and early 2023, three sources who are…
Record 55,000 start-ups recognised by Government in FY26
Under the Startup India initiative, the union government has recognised more than 55,200 startups during Financial Year 2025-26, the highest number of startups recognized in a single year since the…
Network18 Q4 loss at ₹29.61 cr, revenue up 9.7% to ₹615.78 cr
Network18 Media & Investments Ltd on Saturday reported a consolidated net loss of ₹29.61 crore in the quarter ended on March 31, 2026. The company reported a net loss of…