The valuations of many major Indian startups have been slashed by VCs and investors. Here’s a look at major startups that saw valuation markdowns recently.from Tech-Economic Times https://ift.tt/znbiC7G
List of startups that have faced valuation cuts recently
The valuations of many major Indian startups have been slashed by VCs and investors. Here’s a look at major startups that saw valuation markdowns recently.from Tech-Economic Times https://ift.tt/znbiC7G
Large deals provide solid foundation to grow for Infosys: Nandan Nilekani
In his virtual address to the shareholders, Nilekani said the Bengaluru-based firm’s capability to harness opportunities despite the dynamic times of inflation, interest rates, geopolitics, war, demand volatility, supply chain dislocations is “tremendous”.from Tech-Economic Times https://ift.tt/zBDESXW
TCS job scandal: Company writes to board members clarifying details about allegations
TCS was alerted about senior executives breaching corporate code of conduct to give preferential treatment to some recruiters at the company’s RMG (Resource Management Group) division.from Tech-Economic Times https://ift.tt/6S3MFQh
Bankrupt Three Arrows' liquidators seek $1.3 billion from fund's founders
Three Arrows was the first major crypto firm to go bankrupt in 2022, brought down by the collapse of cryptocurrencies Luna and TerraUSD in May. It filed for bankruptcy in the British Virgin Islands in late June.from Tech-Economic Times https://ift.tt/DN6ZWfS
Fidelity preparing to submit spot bitcoin ETF filing: report
The filings have been viewed as a vote of confidence for the crypto space, reigniting some retail interest in the industry which had felt renewed pressure after Binance and Coinbase Global, two of the biggest crypto exchanges, came under fire from the U.S. Securities and Exchange Commission.from Tech-Economic Times https://ift.tt/3sxhOL6
Still hiring: Big Tech layoffs give other sectors in the US an opening
Federal, state and local government tech job postings in the US soared 48% in the first three months of 2023 compared to the same period last year, according to an analysis by tech trade group CompTIA of data from Lightcast, a labor analytics firm.from Tech-Economic Times https://ift.tt/fYNLgJ7
Amazon plans Prime Day for India later next month amid slowing ecommerce sales
Etailer briefs merchants on keeping inventory, deals in the pipeline.from Tech-Economic Times https://ift.tt/h3KyuCx
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