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Unacademy leadership must absorb pay cuts of up to 25%, says ed-tech’s founder Gaurav Munjal-thumnail

Unacademy leadership must absorb pay cuts of up to 25%, says ed-tech’s founder Gaurav Munjal

In a statement to staff, cofounder and CEO Gaurav Munjal warned employees that the Bengaluru-based unicorn’s leadership including founders will accept these layoffs. A day after slashing 12% of its

Education

Mar 31, 2023

Taiwan says US officials have come to address concerns regarding chip subsidies-thumnail

Taiwan says US officials have come to address concerns regarding chip subsidies

The criteria are alarming firms including Samsung Electronics Co Ltd and SK Hynix Ltd, South Korean President Yoon Suk Yeol said on Thursday, a concern echoed by the world’s top

News

Mar 31, 2023

The 2D barcode will soon replace the Schengen visa passport sticker-thumnail

The 2D barcode will soon replace the Schengen visa passport sticker

The 2D barcode will soon replace the Schengen visa passport sticker as the EU has decided to digitalize visa applications. The reform intends to eliminate the security concerns associated with

News

Mar 31, 2023

OYO pre-files draught prospectus for IPO; expected to list around Diwali: Report-thumnail

OYO pre-files draught prospectus for IPO; expected to list around Diwali: Report

OYO pre-files draught prospectus for IPO; expected to list around Diwali.OYO have submitted preliminary filings with the Sebi on September 2021. Oravel Stays – which manages hotel tech startup OYO

Business

Mar 31, 2023

CRISIL Report Forecasts Deceleration in Revenue Growth for India’s IT Sector in 2023 Due to BFSI Slowdown-thumnail

CRISIL Report Forecasts Deceleration in Revenue Growth for India’s IT Sector in 2023 Due to BFSI Slowdown

CRISIL Report Forecasts Deceleration, India’s Information Technology (IT), companies are anticipated to encounter a deceleration of 7-9% in revenue growth in 2023 in contrast to this year, as a consequence

Finance

Mar 31, 2023

Standard Chartered Bank settles Zee’s one-time credit facility with Siti Networks-thumnail

Standard Chartered Bank settles Zee’s one-time credit facility with Siti Networks

On Thursday, Siti Networks, a subsidiary of the Essel Group, said that Zee Entertainment Enterprises Ltd. (ZEEL) had reached a one-time payment arrangement with Standard Chartered Bank for the debt

Business

Mar 31, 2023

“World Startup Convention Turns Out to be a Hoax, Leaving Founders and Investors Disillusioned”-thumnail

“World Startup Convention Turns Out to be a Hoax, Leaving Founders and Investors Disillusioned”

A mega startup event in Uttar Pradesh, India, has caused an uproar among thousands of investors and founders after all its advertised promises turned out to be a hoax. The

News

Mar 31, 2023

New Foreign Trade Policy 2023-28 Unveiled by Commerce Minister Piyush Goyal Aims For $2 Trillion Exports By 2030-thumnail

New Foreign Trade Policy 2023-28 Unveiled by Commerce Minister Piyush Goyal Aims For $2 Trillion Exports By 2030

On March 31, 2023, in New Delhi, the New Foreign Trade Policy 2023–2028 was revealed by the Union Minister of Commerce, Industry, and Textiles Piyush Goyal. Santosh Kumar Sarangi, director

Business

Mar 31, 2023

Niranjan Gupta, a dealmaker for Harley Davidson, is appointed CEO of Hero Motocorp-thumnail

Niranjan Gupta, a dealmaker for Harley Davidson, is appointed CEO of Hero Motocorp

Niranjan Gupta has been promoted from his previous roles as Head of Strategy and M&A and Chief Financial Officer (CFO). Niranjan Gupta has been named CEO of Hero Motocorp, a

Business

Mar 31, 2023

This electric vehicle and IPL 2023 have partnered to grow the EV market in India-thumnail

This electric vehicle and IPL 2023 have partnered to grow the EV market in India

With a stated range of 300 kilometers, the Tata Tiago EV is the cheapest electric vehicle in India. As the official sponsor of every IPL game, Tata Motors will display

Business

Mar 31, 2023

ZestMoney acquisition deal called off by PhonePe over due diligence, valuation concerns-thumnail

ZestMoney acquisition deal called off by PhonePe over due diligence, valuation concerns

PhonePe, a renowned finance firm that offers EMI financing options to online buyers and is supported by Walmart, has opted to abandon its acquisition intentions for ZestMoney. The sudden action

Business

Mar 30, 2023

Is Bard chatbot trained on ChatGPT data? Google responds-thumnail

Is Bard chatbot trained on ChatGPT data? Google responds

Search giant Google has reacted to reports that its Bard chatbot is trained on user interactions with ChatGPT. Google has refuted the accusations that their newly announced generative AI-based chatbot,

News

Mar 30, 2023


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