Sophos to lay off 450 employees globally, including in India

The cybersecurity company said that an increasing focus on services such as "managed detection and response (MDR)" was part of the reason for job cuts.

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Financial audit, layoffs at GoMechanic after fundraising fails; Tata Tech eyes Rs 4,000 crore IPO

With the funding round falling through and many questions being raised by incoming investors, the company was left with no other option but to admit to these lapses.

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Govt open to the idea of multiple e-gaming SROs

However, the govt may put in place strict rules on legal responsibilities of the self-regulatory bodies.

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Amazon to lay off staff in US, Canada and Costa Rica as it plans to cut 18,000 jobs

The layoffs are the latest in the US technology sector, with companies cutting their bloated workforce and slashing costs to reverse pandemic-era excesses and prepare for a worsening global economy.

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GoMechanic cofounder admits to financial misreporting; firm to fire 70% employees

The due diligence brought to the fore issues like fictitious garages, selective payments to certain garage units and overall inflated revenue and user metrics in the Sequoia Capital and Tiger Global-backed startup.

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Delhi HC restrains Ashneer Grover from creating 'interest' on Bhavik Koladiya's disputed shares

Koladiya has filed a suit to reclaim the disputed shares, saying Grover has not paid for the shares as per the agreement.

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Apple gets a boost in India as Chinese suppliers given clearance

About 14 suppliers are receiving green light from India, after Apple named them as companies whose services it needs to increase its presence in India, the people said. While the vast majority of Apple products are still assembled in China, the company has in recent years started making more of them in India through Taiwanese partners.

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