2024-07-11
#MCPersonalFinance | People in #India now do not carry substantial amounts of cash for day-to-day transactions while going on a vacation, shopping or to work📲💸 Here's what the survey says 👇 https://www.moneycontrol.com/ ... @thanawala_hiral #UPI #CreditCard #DigitalTransactions [image]
Inc42 Media
Kearney-Amazon Pay survey of 6K consumers and 1K merchants in 120 Indian cities: 90% prefer digital transactions, 46% of the transactions are digital, and more
Bhupendra Paintola / Inc42 Media :
2024-04-29
#TechWithMC | 📉 In FY24, the top 5 Indian IT services companies collectively saw a decline of 69,167 employees. Despite this trend, HCLTech stood out by not losing employees. @debanganaghosh4 reports⏬ https://www.moneycontrol.com/ ... #ITServices #IT #HCLTech #Employee #FY24 [image]
Moneycontrol
India's top five IT services companies, including Infosys and Wipro, collectively saw a decline of 69,167 employees in FY 2024; HCLTech added 1,537 employees
2024-04-28
#TechWithMC | 📉 In FY24, the top 5 Indian IT services companies collectively saw a decline of 69,167 employees. Despite this trend, HCLTech stood out by not losing employees. @debanganaghosh4 reports⏬ https://www.moneycontrol.com/ ... #ITServices #IT #HCLTech #Employee #FY24 [image]
Moneycontrol
India's top five IT services companies, including Infosys and Wipro, collectively saw a decline of 69,167 employees in FY 2024; HCLTech added 1,537 employees
Debangana Ghosh / Moneycontrol :
2023-12-22
#NewsAlert 🚨According to an internal email, Meta has expressed concerns on India's new proposed telecom law Meta is concerned that Indian govt could regulate internet apps with proposed telecom law #Meta #India #Internet #Apps #TelecomLaw [image]
@chandrarsrikant
Email: Meta's India policy head, Shivnath Thukral, says the government could choose to apply its proposed telecom law to Meta's OTT services at a “future date”
Chandra R. Srikanth / @chandrarsrikant :
2023-12-21
#NewsAlert 🚨According to an internal email, Meta has expressed concerns on India's new proposed telecom law Meta is concerned that Indian govt could regulate internet apps with proposed telecom law #Meta #India #Internet #Apps #TelecomLaw [image]
MediaNama
India's lower house of parliament passes the 2023 Telecommunication Bill, despite a lack of clarity on whether online services will fall under the bill's scope
Kamya Pandey / MediaNama :
#NewsAlert 🚨According to an internal email, Meta has expressed concerns on India's new proposed telecom law Meta is concerned that Indian govt could regulate internet apps with proposed telecom law #Meta #India #Internet #Apps #TelecomLaw [image]
Moneycontrol
Email: Meta's India policy head, Shivnath Thukral, says the government could choose to apply its proposed telecom law to Meta's OTT services at a “future date”
Meta's India policy head Shivnath Thukral writes in an internal email, 'Govt could have sufficient discretion …
2023-06-24
“Prime Minister Narendra Modi's vision for Digital India was way ahead of his time I now see as a blueprint other countries are looking to do,” said Sundar Pichai, CEO Google, after meeting #PMModi #PrimeMinister #NarendraModi #DigitalIndia #SundarPichai #Google [image]
TechCrunch
Andy Jassy says Amazon plans to invest $15B more in India by 2030, likely most for AWS expansion; in May 2023, AWS announced a $12.7B investment in the country
Amazon plans to more than double its investment in India in the next seven years, the e-commerce group said …
“Prime Minister Narendra Modi's vision for Digital India was way ahead of his time I now see as a blueprint other countries are looking to do,” said Sundar Pichai, CEO Google, after meeting #PMModi #PrimeMinister #NarendraModi #DigitalIndia #SundarPichai #Google [image]
The Economic Times
Sundar Pichai says Google plans to invest $10B in India's digitization fund and announces the opening of Google's fintech operation center in GIFT City, Gujarat
The Economic Times :
2023-03-24
Block Inc. co-founder Jack Dorsey's net worth was hammered after Hindenburg Research's latest report, which alleged the payments company ignored widespread fraud Read here👇 https://www.moneycontrol.com/ ... #JackDorsey #HindenburgResearch
Reuters
Block drops 10%+ after Hindenburg Research discloses a short position and alleges the company overstated user numbers and understated customer acquisition costs
Hindenburg report TechCircle : Hindenburg accuses Jack Dorsey's Block of fraud, manipulating user numbers Sergio Goschenko / Bitcoin News : Hindenburg Research Blasts Jack Dorsey's...
2023-01-29
Moneycontrol spoke with multiples sources, & it's clear that #ShareChat, valued at $5 bn in last funding round & is backed by the likes of Twitter, Google, & Lightspeed, is dealing with leadership crisis Insider details by @deepsekharc & @patwardhannn 👇 https://www.moneycontrol.com/ ...
Moneycontrol
Some ShareChat employees and investors detail the company's leadership crisis and say revenue has not kept pace with cash burn and its ~$5B valuation in 2022
Over the last few weeks we have been thinking a lot about the layoffs in tech. Payal Ganguly / YourStory.com : ShareChat Co-founders Farid Ahsan, Bhanu Pratap Singh step aside from...
In the vernacular content space, @sharechatapp was an early player when launched by the trio from #IIT Kanpur. The company gained millions of dollars in funding from the bluest of blue-chip investors. Here's more by @deepsekharc & @patwardhannn 👇 https://www.moneycontrol.com/ ...
Moneycontrol
Some ShareChat employees and investors detail the company's leadership crisis and say revenue has not kept pace with cash burn and its ~$5B valuation in 2022
Over the last few weeks we have been thinking a lot about the layoffs in tech. Payal Ganguly / YourStory.com : ShareChat Co-founders Farid Ahsan, Bhanu Pratap Singh step aside from...
2023-01-28
In the vernacular content space, @sharechatapp was an early player when launched by the trio from #IIT Kanpur. The company gained millions of dollars in funding from the bluest of blue-chip investors. Here's more by @deepsekharc & @patwardhannn 👇 https://www.moneycontrol.com/ ...
Moneycontrol
ShareChat employees and investors shed light on the company's leadership crisis and say revenue has not kept pace with cash burn and the ~$5B 2022 valuation
The company's top and middle management are hollowing out, revenue has not kept pace with cash burn and Sharechat's top-tier valuation …
Moneycontrol spoke with multiples sources, & it's clear that #ShareChat, valued at $5 bn in last funding round & is backed by the likes of Twitter, Google, & Lightspeed, is dealing with leadership crisis Insider details by @deepsekharc & @patwardhannn 👇 https://www.moneycontrol.com/ ...
Moneycontrol
ShareChat employees and investors shed light on the company's leadership crisis and say revenue has not kept pace with cash burn and the ~$5B 2022 valuation
The company's top and middle management are hollowing out, revenue has not kept pace with cash burn and Sharechat's top-tier valuation …
2022-12-07
The Indian govt has informed Meta to make efforts to process and complete content takedown orders issued by authorities within one hour of receiving such official communication. Read more 👇 https://www.moneycontrol.com/ ... by @deepsekharc | #Meta
Moneycontrol
Sources: India tells Nick Clegg and other Meta executives to complete takedown requests within an hour and says Google has a higher rate of compliance than Meta
Union IT minister Ashwini Vaishnaw also told Meta that it needs more fact-checkers in India in proportion to the country's population … Tweets: @chandrarsrikant , @moneycontrolcom ...
2022-11-05
Udaan has around 3,000 employees on the rolls while 10,000-12,000 people work for the company via outsourcing firms. Read Here 👇🏻 https://www.moneycontrol.com/ ... #Udaan #Layoffs #employment | ✍️ @deepsekharc
Moneycontrol
Source: Indian B2B marketplace Udaan plans to lay off 325 to 350 employees, or about 10% of its workforce, a week after raising $120M in convertible debt
Up to 350 on-payroll employees to get impacted, apart from a number of contractual workers — A week after securing $120 million …
2022-06-30
.@BYJUS 's, currently valued at $22 billion, has laid off over 2,500 employees across its group companies. 😥 What does the future look like for the world's most valued startup? Read here to find out ⏬ https://www.moneycontrol.com/ ... @Unibrowverse @chandrarsrikant @patwardhannn ✍️
Moneycontrol
Sources: Byju's laid off 1,500+ staff from Toppr and WhiteHat Jr, companies it acquired over the past two years, and nearly 1,000 from its core operations teams
Moneycontrol :
2022-06-10
#StartupWithMC: @CRED_club has raised $80 million as a part of its Series F funding round led by Singapore's sovereign wealth fund GIC, along with participation from existing investors. @patwardhannn gets you all details 👇 https://www.moneycontrol.com/ ... #Cred #KunalShah #Startup
Moneycontrol
Indian credit card payment service Cred raises $80M as part of a planned $140M Series F at a $6.2B valuation, up from a $4B valuation in October 2021
According to Moneycontrol estimates, the Kunal Shah-led company has raised the money at a valuation of almost $6.22 billion.
2021-08-27
New record 🔥 Indian internet #startups raised $20.2 billion across 576 deals this year. The average deal size more than doubled to $35 million💰 Here's a look at the biggest deals & more interesting insights: https://www.moneycontrol.com/ ... by @manicontrol2020 | #StartupIndia #Funding
Moneycontrol
Venture Intelligence: Indian internet startups raised a record $20B this year, across 576 deals, surpassing the $13B from 878 deals in 2019
M. Sriram / Moneycontrol : Tweets: @moneycontrolcom and @manicontrol2020 Tweets: Moneycontrol / @moneycontrolcom : New record 🔥 Indian internet #startups raised $20.2 billion acro...
2020-09-28
.@Amazon has turned out to be one of the biggest winners during the Covid-19 pandemic in its most established markets — the US, Germany and Britain. Here's how 🔥 #Amazon #Coronavirus #Covid19 #Covid_19 https://www.moneycontrol.com/ ...
New York Times
Amazon, which had struggled to gain a foothold in Italy, benefited from a shift to online shopping during pandemic lockdown as 75% of Italians shopped online
2020-08-30
China's new rules around tech exports mean the sale of TikTok's US' operations, that may now need Beijing's approval 👇 #China #TikTok #Beijing https://www.moneycontrol.com/ ...
Wall Street Journal
China's state media quoted a government adviser, who said ByteDance should study the new export list and “seriously and cautiously” consider halting TikTok deal
Chinese government trade adviser cautions app maker to study new regulations prior to sale