Xiaomi India plans to reduce its workforce to under 1,000 employees, According to reports, due to organizational changes, a reduction in market share, and increased scrutiny from government agencies.
The Economic Times reported that Xiaomi India, which employed approximately 1,400...
Byju's is in preliminary talks with prospective shareholders for a $1 billion (roughly Rs. 8,200 crores) funding round to stave off moves by some investors to curtail founder Byju Raveendran's control over the beleaguered tech startups.
Byju's, once considered one...
The National Geographic magazine has laid off its last remaining staff writers. A total of 19 editorial staff members would be affected by the cut, according to a report published by The Washington Post on Thursday, June 29. The...
Science, technology, engineering, and mathematics (STEM) the National Centre for Science and Engineering Statistics (NCSES)'s 2023 "Diversity in STEM" report indicates that the gender gap in STEM jobs is decreasing. STEM jobs have traditionally been dominated by men.
The report,...
A luxury hotel in Delhi's Aerocity claimed to have incurred a loss of Rs 58 lakh when a guest, in collusion with hotel staff, managed to stay for nearly two years without making any payment.
The hotel, Roseate House in...
Daniel Zhang, the CEO, and chairman of Alibaba Group said on Tuesday that he would step down from his roles and focus on the business's cloud business as the Chinese e-commerce giant pushes on with its plan to divide...
Rishi Sunak, the prime minister of the United Kingdom, said at the UK's largest tech conference, London Tech Week 2023, that there is a sense of "urgency and responsibility" to grab AI-driven tech opportunities to help Britain become the...
Sanjiv Bajaj, the chairman and managing director of Bajaj Finserv, has stated that the company is going to give people the option to opt out of receiving its spam calls, but those who do so company will not provide...
The second-largest fashion e-tailer in India started charging a convenience fee of Rs 10 on every order placed on the platform which is over Rs 1,000. Given its daily order volumes, this cost will amount to a sizable corpus...
Based on sources, private equity firm WestBridge Capital picked up a majority of the stakes in Tamil Nadu-based fruits and vegetable retailer Kovai Pazhamudhir Nilayam, KPN Farm Fresh as it seeks to increase its stake in India's retail and...
