Zomato Faces Nearly Rs 402 Crore Show Cause Notice from DGGI
Zomato recently revealed that it has received a show cause notice of Rs 401.7 crore from the DGGI for unpaid taxes on delivery charges collected from customers...
Mahindra & Mahindra Faces Rs 56 Lakh Penalty
Mahindra & Mahindra Ltd (M&M) has disclosed a penalty exceeding Rs 56 lakh due to an error related to the carry-forward of input service distributor credit from the pre-GST era…
Navigating Challenges: Indonesia’s Startup Shakeout Raises Tough Choices
Nearly a dozen tech enterprises have faced the impact of a prolonged "funding winter" and a challenging business landscape, leading to tough decisions and strategic pivots...
Qardy Partners with Cashcall to Revolutionize Debt Financing for MSMEs in Egypt
Egyptian startup Qardy, an innovative marketplace and aggregator for debt financing, has joined forces with Cashcall in a strategic partnership aimed at fostering financial prosperity for micro, small, and medium…
OpenAI and the Future of Work: How AI is Reshaping Industries
This article delves into the ways OpenAI and Artificial Intelligence, in general, are shaping the future of work across various sectors...
BYJU’S Parent Company Sees Revenue Surge, but Faces Growing Pains in FY22
Think & Learn Pvt Ltd, the parent company of India's edtech giant BYJU’S, experienced a substantial surge in its consolidated revenue from operations in the fiscal year 2022, marking a…
BharatPe’s Remarkable Turnaround: A Deep Dive into Fiscal Year 2023 Financials
Indian fintech unicorn BharatPe has reported significant improvements in its financial performance for the fiscal year 2023...
SoftBank’s Strategic Move: Sells $310 Million in FirstCry as IPO Filing Looms
Japanese conglomerate SoftBank has reportedly divested shares worth $310 million in the omnichannel retailer FirstCry, which is poised to file a draft paper for its initial public offering (IPO) this…
Infosys Terminates $1.5 Billion Deal with Global Company
Infosys, India's second-largest IT services exporter, has confirmed the termination of a $1.5 billion deal with a global company that it had announced in September...
Tech Industry Faces Unprecedented Job Losses as Generative AI Takes Center Stage
The global tech industry, once heralded for its rapid growth and job creation, is now grappling with an unexpected surge in layoffs, signaling a paradigm shift in the aftermath of…