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Cognizant attrition rises again, impacting revenue

Cognizant's voluntary attrition rose to 18%, a 2% increase over the December quarter, despite a series of measures to attract and retain talent.

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Sunder Pichai & Shantanu Narayen join steering committee of Global Task Force on Pandemic Response

The task force is a newly formed public-private partnership organised by the US Chamber of Commerce and supported by Business Roundtable. It is working with the Chamber's US-India Business Council and the US-India Strategic Partnership Forum to take immediate actions to help address the COVID-19 surge in India.

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CovAid portal set up for real-time monitoring of relief

All Covid-19 related foreign aid received by the government can be tracked online end-to-end till distribution by the donors. The NITI Aayog has set up a dedicated portal – CovAid – for tracking all aid coming via missions or by individual organisations.

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Govt should allow cryptocurrencies, says former finance secretary SC Garg

Addressing a virtual event organised by industry body Assocham, Garg also said there is undue emphasis on cryptocurrencies and these digital assets will require standard frameworks.

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Covid Impact: Smartphone offline channel stares at 50,000 job losses; experts cut growth estimates

Experts say the development may also force top brands to delay their offline expansion plans. The setback to the offline channel has come just when top brands like Xiaomi, Vivo and OnePlus, besides the multi-brand retail chain Croma, were significantly expanding their retail network.

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Zomato reloads

In today's ETtech Morning Dispatch: Zomato may invest in Grofers, India goes Dogecoin crazy and Government shuts real-time access to CoWin data

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ETtech Exclusive: Zomato may invest $100 million in Grofers as e-grocer shelves US IPO plan

Zomato's investment is likely part of a larger financing round and may value the Gurugram-based online grocery firm at around $1 billion

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Yellow.ai deploys 30% of global generative AI bots domestically

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to g...