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Tata Cliq continues to bleed; Ola’s valuation trimmed to $3.5 billionSmoke is billowing as the Tata Group continues to burn cash on its first ecommerce platform — Tata Cliq. Tata UniStore Ltd, which owns and ...- BigBasket’s B2C arm sees net loss widen nearly 2x to Rs 1,500 crore in FY23The continued losses for the nearly 13-year-old firm come as it faces intensified competition in both grocery delivery as well as relativel...
- Tata Digital to rejig top deck, hires new CEO to steer CliqPost Mukesh Bansal exit, another senior executive Shivcharan Pulugurtha has left the company.
- Byju’s troubles mount as board members, auditor Deloitte resign; Tata Digital rejigs top brassOn Thursday evening ETtech first broke the story of three of Byju’s key board members resigning. Soon after Deloitte, the edtech’s statutor...
- In a flux: India leadership at Big TechSeveral executive changes in India in past few months; companies slow on hiring amid global uncertainties
- The AI chatbot that dragged Microsoft to hellThis week, news website Semafor reported that the software giant is in talks to invest $10 billion in OpenAI, the company behind the revolu...
- Meta appoints Vikas Purohit as head of global business in IndiaPurohit’s last stint was at Tata Cliq where he was the CEO till October last year.
- India mulls rules for live commerce; TCS Q3 net profit grows 11% YoY; Zerodha profit nearly doubles in FY22The Bureau of Indian Standards (BIS), which is under the Ministry of Consumer Affairs, has begun to assess the need for guidelines for the ...
- TCS net profit up 4% from Q2, misses estimates; India’s iPhone exports double to over $2.5BTata Consultancy Services reported a lower-than-expected profit for the third quarter on Monday, as clients tightened spending amid a chall...
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