Page 7 - Tech Companies

Tencent to hand $20 billion Meituan stake to shareholders as sales slip

Meituan said it would maintain its mutually beneficial business relationship with Tencent after the divestment, which comes as the Shenzhen-based tech giant shuts some unprofitable businesses

Meta India policy chief Rajiv Aggarwal joins Samsung in a tech policy role

Rajiv Aggarwal will take up the position, which entails liaising with and lobbying government officials on domestic policy matters, from December

Is investors' love for digital India over?

Shares of companies within the ambit of digital theme have succumbed to the turmoil in the global tech industry as recession fears continue to rise. What do experts recommend against this backdrop?

Job cuts at Singapore tech companies are impacting Indians. Here's how

While revenue and jobs in the tech will be impacted in the short-term, and market volatility is likely in the near future, the tech industry is expected to continue to grow in the long-term.

TCS plans to expand footprint in Illinois, create 1,200 jobs by end of 2024

More than 3,000 Illinoisans currently work for TCS - including 1,100 who were hired within the last five years

HR tech start-up Keka raises $57 mn in series A funding by WestBridge

The company helps businesses by automating payroll, recruiting, performance management

Zoho built capabilities steadily to reach $1 billion in revenue: CEO

'We hope to continue to serve our customers by bringing the highest quality offerings at very affordable prices'

Truly sorry to those who'll have to leave Byju's, says Raveendran to staff

The edtech giant has to sever 2,500 employees to avoid role duplication across businesses, says founder in a letter to employees

Google, Microsoft, TI announce disappointing results; tech stocks tumble

Google parent Alphabet Inc. fell as much as 7.4% after third-quarter revenue came in below expectations, while software giant Microsoft Corp. lost 8.1% following a disappointing revenue forecast

Balancing innovation and fair play needed: CCI chairman Ashok Kumar Gupta

We need to be sensitive to market demand while approving proposed acquisitions.

CCI order a major setback for Indian businesses, consumers: Google

'Will open serious security risks… raise mobile device costs'

Microsoft lays off nearly 1,000 employees across multiple divisions: Report

Tech giant Microsoft has laid off nearly 1,000 employees across multiple divisions of the company, media reports said

Nasscom to train up to 50,000 product managers by 2025: Narayanan

NASSCOM Product Council is a community to cater the needs of 3,720 product companies based in India in both domestic and global contexts

Speeding up digital business operations

To address the challenges posed by a fast-evolving landscape, technology companies are bringing an integrated approach to digital transformation

Intentional about expanding beyond metro cities, says IBM India

'In India, we have had a multi-city approach where we wish to be closer to where our clients are. Software Labs, System Labs and Research Labs are all in different locations'

Mutual funds cut flab in RIL, Airtel to bet on blue chips in August

Industry players said domestic funds decided to book profits on valuation concerns around strong influx of foreign flows

Bengaluru deluge: Tech companies pour out woes before Karnataka IT Minister

Technology companies, which bore the brunt of recent flood due to heavy rains in the city, on Wednesday aired their grievances before Karnataka IT/BT Minister Dr C N Ashwath Narayan, urging him to find a solution to the rain-related woes. At a meeting convened by Narayan to discuss the problems caused by the unprecedented rainfall, the representatives of several IT companies said their primary concern was to bring to the notice of the government the miseries they faced and the losses incurred. In reply, the Minister assured them that the state government will help find a permanent solution to the infrastructural issues in the Mahadevpura zone, which witnessed water-logging, by next year. Narayan also sought the cooperation of tech companies to retain the status of 'Bangalore Brand'. A virtual meeting will be conducted every month from now on to resolve the grievances of entrepreneurs, a statement issued by the office of the Minister. He also said that the government will examine ..

Unacademy CMO Karan Shroff quits firm year after being made partner

CEO recently said edtech unicorn may see a funding dry spell for at least 12-18 months and it would cut costs

India's outbound deal value at $7.6 billion, rises for third year in a row

US upstages UK as biggest target for outbound deals in 2022

We back companies where tech is an enabler, not the hero: C4D Partners CEO

Our crucial thesis is that the business model is woven around a societal problem, said CEO Agarwal