Tag: profitability

What separates them the most is the fact that Zomato has turned profitable while Swiggy still isn't, having faced recurring losses for the last three years.
Posted in Business

Swiggy IPO vs Zomato share: Which one do analysts recommend?

The highly-anticipated ₹11,327.43 crore initial public offering (IPO) of food delivery giant Swiggy will open on Wednesday, November 6, 2024. What separates them the most…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

Indian startups: ET Startup Awards 2024 | Warm-up decade is done, clock is now ticking for the real game

The Indian startup ecosystem is going through an inflection point where founders are building for profitability and eyeing eventual public listing even the investors are…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

Funding winter to IPO spring: The resurgence of Indian startups as VCs eye IPOs and a path to profitability—expert analysis at ET Soonicorns Summit 2024

With a “funding winter” in hindsight the Indian startup ecosystem has been steadily making progress leaving the pessimism of a “reset” behind, fuelled by a…

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Dell said a limitation on outside hiring, job reorganizations and other actions will produce “continued reduction in our overall headcount” in the fiscal year ending in February 2025.
Posted in Business

Tech layoffs: Dell says job cuts will continue for cost control and profitability concerns

Sep 13, 2024 07:29 PM IST Dell will continue to reduce its workforce this year, trying to control costs amid concerns that PC demand hasn’t…

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Inside Image (1).
Posted in Startups

Rentomojo: ET Startup Awards 2024: Comeback Kid | Rentomojo shows off scale in its Act-II showstopper

For the Comeback Kid category, the ET Startup Awards 2024 jury aimed to recognise enterprises that have demonstrated resilience and adaptability in the face of…

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Inside Image (1).
Posted in Economy

RBI looks to soften blow of tighter infrastructure funding rules

The Reserve Bank of India (RBI) is contemplating a staggered implementation of the increase in provisioning for project financing to soften the blow on lenders…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

Yubi: Yubi founder infuses Rs 250 crore in the digital lending platform

Digital lending platform Yubi has secured a Rs 250 crore equity infusion from its founder and chief executive Gaurav Kumar. The Board of Yubi approved…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

PhonePe revenue: PhonePe posts 74% jump in FY24 revenue to Rs 5,064 crore

Digital payments major PhonePe has reported a revenue of Rs 5,064 crore for the fiscal year ending March 2024, a 74% increase from Rs 2,914…

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Nestle CEO Mark Schneider attends the Annual General Meeting of Nestle in Ecublens near Lausanne, Switzerland, April 18, 2024. (Denis Balibouse/Reuters)
Posted in Business

Nestle Chairman says CEO change was prompted by growth concerns

Aug 25, 2024 05:38 PM IST The replacement of Nestle SA’s chief executive officer was prompted by worries over the food and beverage company’s growth…

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Google shifted its focus away from AI in 2015 when the reorganisation under Alphabet happened (Representational Image/Unsplash)
Posted in Business

The creator of Gmail knows why Google fell behind in the AI race, here’s what he says

Aug 12, 2024 03:01 PM IST Paul Buchheit, the creator of Gmail, says that Google shifted its focus away from AI in order to preserve…

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