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Govt's AI deepfake diktat; Udaan narrows FY25 lossThe government directed social media firms to take down unlawful AI content within three hours of being notified. This and more in today's ...- 28,000 and counting: That’s the 2023 layoff data from startup landStartups have been the worst hit this year since the highs of aggressive hiring from 2021, data from Longhouse Consulting shared exclusivel...
- Bose picks up minority stake in Noise; Udaan fires over 100 employeesIn what could potentially strengthen homegrown audio accessories and wearables brand Noise’s foothold in a tightly contested segment, the c...
- Bhavish Aggarwal's Krutrim AI plans; Elevation Capital report on startup outlookOla founder Bhavish Aggarwal on Friday unveiled the large language model (LLM) Krutrim, which he described as ‘India’s own AI’. This and mo...
- Third Wave Coffee lays off employees months after fundraiseThird Wave confirmed the layoffs to ET in a statement, saying that it was a “one-time restructuring exercise to consolidate our teams”.
- CFOs warn about job cuts in education sector in next 6 monthsAccording to a a survey of 600 CFOs by Coupa, a Cloud-based platform, 100 per cent of CFOs in the education sector responded with "reduce w...
- 2022 | The year of governance misses, layoffs, a funding winter & regulatory diktatsIn the span of a year, the technology world went from euphoria to turbulence – be it in the stock markets or in the private funding space. ...
- 2022 Year in Review | Udaan, Ola and Oyo log most senior executive exits this yearAt least 50 top executives - ranging from C-suite to category and business heads - left Udaan in 2022, as the company grappled with funding...
- Startups laid off 18,000 employees in 2022; Udaan, Ola, Oyo saw the most senior-level exitsThis time last year, India’s startup ecosystem was counting unicorns. Now, it’s tallying layoffs. According to data compiled for us by Long...
- Xiaomi fires 900 employees, to slash 10% of jobs globally: ReportThe termination comes after several companies, including Facebook-parent Meta, Elon Musk’s Twitter, and Microsoft, announced layoffs recent...
- US tech layoffs skyrocket as companies struggle with shrinking global economySackings have intensified over the past few days, with several startups -- foreign and Indian -- firing workers to cope with the severe dea...
- Udaan fires over 1,000 employees in second round of layoffsThis is the second round of layoffs for Udaan after it laid off 180-200 employees, or 5% of its workforce, in June. Back then as well, the ...
- Updates from Elon Musk-Twitter saga; Udaan takes convertible notes route to raise $120 millionElon Musk now calls himself ‘Chief Twit’ on Twitter. On Wednesday, the Tesla and SpaceX boss sauntered into the microblogging platform’s Sa...
- Udaan Scheme: Jamshedpur to soon be re-connected by airEarlier airlines including MDLR, Vayudoot and Deccan Airways had launched flights to nearby cities such as Kolkata and Ranchi from Sonari a...
- Udaan fires 180-200 staff, 5% of its workforce, to cut costsA company spokesperson confirmed the development to ET without disclosing the number of employees it had fired.
- Correction just getting started, says Alpha Wave; early-stage deals bloom in ‘funding winter’This, he said, has left the fund perfectly poised to land deals for “outstanding companies at sane prices” as it believes the correction in...
- Kofluence bags $4 million in funding led by Zerodha cofounder, othersKofluence said in a statement it will use the funds to further develop its proprietary platform, accelerate hiring across multiple geograph...
- The Future battle between Mukesh Ambani and Jeff Bezos isn't the only change taking over India's retail spaceThe ongoing digital transformation of the corner kirana stores, tens of millions of shops catering to 1.3 billion consumers, will matter fo...
- Covid impact: BookMyShow trims business, 270 hit by layoffs & furloughsThe company has been forced to downsize due to the “unfavourable environment,” said Ashish Hemrajani, chief executive of BookMyShow, in an ...
- Did you know that Praful Patel called Dhirubhai Ambani 'Papa'?The former union minister shares a special bond with Reliance Industries chairman, Mukesh Ambani.
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