Tag: profitability
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…
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…
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…
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…
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…
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…
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…
WayCool Foods: Agritech firm WayCool Foods lays off over 200 employees
Agritech startup WayCool Foods has let go of over 200 employees in its third round of layoffs in roughly a year, sources in the know…
Pepperfry: Pepperfry puts IPO plans on hold, to focus on growth revival
Omnichannel furniture retailer Pepperfry has postponed its initial public offering (IPO) plans after having engaged with bankers over the last year to hit the public…
restructuring: Startups shuffle top deck, play to ace long-term profitability game
Over a dozen new economy ventures have appointed a new chief executive over the last 12 months, as a greater focus on profitability and governance…