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Reliance rolls out Ajio Rush to take on Myntra, Newme, Slikk and other fashion quick commerce startupsReliance Retail has launched Ajio Rush, a four-hour fashion delivery service now live in six cities. It follows Myntra and others exploring...- TCS Q1 beats expectations; VC-funded Probo under ED lensTCS reported a 6% growth in net profit for the June quarter, while revenue rose 1.3%. This and more in today’s ETtech Top 5.
- Livspace’s reverse flip; Byju’s US lenders move SCHome decor startup Livspace is preparing to move its domicile back to India from Singapore. More on this and other updates in today’s ETtec...
- Startups’ new hiring strategies; unprecedented poll buzz onlineHappy Thursday! While layoffs continue, startups are strategically refilling certain open positions with lower-salaried junior staff to cut...
- Senior-level IT hiring rebounds; China's BBK group resets India sales strategyIndian IT companies are back headhunting for senior roles. This and more in today’s ETtech Top 5.
- Byju’s fires 500 employees; India Inc and influencer marketingTroubled edtech Byju’s has fired nearly 500 staffers amid a severe cash crunch. More details on this in today’s ETtech Top 5.
- Unicorn hiring trends; smartphone makers to gain further groundThe ongoing funding winter and concerns over profitability have not deterred homegrown unicorns from onboarding top talent. This and more i...
- RBI governor on fintechs; Google, Indian apps in temporary truceThe banking regulator's recent actions are not directed against any fintech but against a regulated entity, the Governor underlined in a re...
- Google vs startups row reaches MeitY; MoS IT clarifies on AI missiveThe Android maker restored the apps after the apps complied with its billing policy, said people aware of the matter. The move came ahead o...
- Budget booster for EVs; QR frauds spikeThe government could set aside Rs 10,000-12,000 crore for the third installment of the Faster Adoption & Manufacturing of Electric Vehicles...
- IT earnings off to a good start in Q1; Nazara says GST impact minimalIndia’s top software exporter Tata Consultancy Services kicked off the earnings season with a forecast-beating double-digit growth in Q1 ne...
- Some betting apps continue advertising despite ban; fintechs push for decentralised KYC regimeHappy Friday. A bunch of gaming and getting firms continue operations and ads across online platforms despite a government ban. This and mo...
- HCLTech Q4 net profit jumps 11%, FY23 hiring dips 60%; Twitter rival Koo lays off staffIndia's third-largest IT major HCLTech registered an 11% rise in its Q4 net profit to Rs 3,983 crore, beating the ET Now poll estimate of R...
- ETtech Poll | 75% of respondents say Indian startups should bank locally after SVB collapseIndian startups have taken various measures to remove their deposits from the beleaguered SVB amid growing calls from industry experts and ...
- Amazon to cut over 18,000 jobs; consumers in no hurry for quicker grocery deliveriesEcommerce giant Amazon has resorted to another round of mass layoffs in a bid to cut costs. CEO Andy Jassy, in a statement to staff, said t...
- ETtech’s 2022 Year in Review SpecialOver the past few weeks the ETtech team has been chronicling all the big news events that shaped 2022. We’ve tried to make sense of all the...
- Huge incentives planned for electronic components makers; top free agents in India’s tech & startup sectorThe government is drawing up plans for a Rs 10,000-12,000 crore production-linked incentive scheme to encourage makers of high-tech IT and ...
- ETtech State of Startups Survey 2022; revisit this year’s top-level movementsIndian startups have had a torrid 2022, and it shows. In our annual survey on the state of homegrown startups, which took place during a cr...
- Karnataka blinks, allows app-based auto aggregators to charge 5% fee; ex-Nykaa CFO joins PayU IndiaThe Karnataka government on Friday announced that it has decided to allow app-based aggregators to charge a convenience fee of 5% to custom...
- Meta sacks 11,000, rocks tech world; how FTX CEO lost $14.6B overnightMeta CEO Mark Zuckerberg said earlier today the company will cut more than 11,000 jobs – about 13% of its workforce – in the first major ro...
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