Sridhar Vembu slams Freshworks layoffs; says cash-rich company can’t expect employee loyalty if it prioritises shareholder buyback

In what appears like a criticism of the recent layoffs at Freshworks, Zoho Corporationfounder Sridhar Vembu has argued that a cash-rich company prioritising shareholder buybacks over employee retention should not…

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Prabhuji snack maker Haldiram Bhujiawala raises Rs 235 Cr

Kolkata-based packaged snack company Haldiram Bhujiawala has raised Rs 235 crore through a private placement from Pantomath’s Bharat Value Fund (BVF) for a minority stake. The snacks maker, which retails under…

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India’s QR soundbox boom: how merchant acquirers can ride the offline payment wave

"UPI account par 18 rupay prapt hue" or "Rs 18 has been deposited to your UPI account." Just when it seemed like India’s digital payments journey had reached its peak,…

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Google Cloud to boost support for early-stage AI startups with new programmes, partnerships

Google has rolled out a range of programmes and partnerships to accelerate the growth of AI startups In India. The initiatives, announced at an AI Startups Summit in Bengaluru, will…

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ED searches 19 premises of Amazon, Flipkart vendors in FEMA probe

The Enforcement Directorate Thursday conducted searches against some of the "main vendors" operating on platforms of ecommerce giants Amazon and Flipkart as part of a foreign investment "violation" investigation, official…

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