BUSINESS
More pain for Cognizant as attrition set to spike again this quarter
While attrition is going up for all IT companies as engineers are spoilt for choice in the current job market, Cognizant's attrition is likely to be at elevated levels compared to peers.
BUSINESS
Freshworks, Eka Software founders launch Together, a $85 million VC fund for SaaS startups
Freshworks founder Girish Mathrubootham, Eka Software founder Manav Garg and Shubham Gupta, a former investor with Matrix Partners have come together to start a VC fund to invest in SaaS startups exclusively
TRENDS
Ola's Bhavish Aggarwal has a message for Tesla's Elon Musk: Build, don't just import
The co-founder and CEO of Ola said he 'strongly disagrees' with Tesla's Elon Musk and Hyundai's SS Kim who called for lower duties on imported EVs
BUSINESS
It is time we accepted English as an Indian language and encourage it as any other Indian language: Infosys founder Narayana Murthy
Murthy, a doyen of the Indian IT industry, spoke to Moneycontrol on India marking 30 years of economic reforms.
BUSINESS
Want to IPO in 12-18 months, going public is a big aspiration: Byju Raveendran
Online learning firm Byju's, India's most valuable startup, has acquired companies for $2 billion in the last six months alone. Foundeer Byju Raveendran and Mohan Lakhamraju, CEO of Great Learning talk about its latest acquisition, China's edtech crackdown and future plans
BUSINESS
Why Byju's is betting big on the upskilling space
Byju's, India's most valuable internet startup continues its acquisition spree, buying Great Learning for $600 million.
BUSINESS
Listing ceremony in cafeteria, digital buzzer, pizza for employees: How Zomato went public
For a public issue that generated huge interest, Zomato's listing ceremony was quite understated.
BUSINESS
KV Kamath: The runway for India is another 25 years, digital supercycle is going to come like a wave
The former chief of ICICI Bank and New Development Bank is particularly bullish on what he calls the 'digital supercycle' that has already created millions of jobs and spurred consumption, something that India hasn't yet fully factored in
BUSINESS
HCL Tech to spend $200 million over two years to expand to newer geographies, build capabilities: CEO & MD C Vijayakumar
Telecom, with the focus on 5G, manufacturing focussed on Industry 4.0 and enterprise cloud are the three big areas of growth identified by C Vijayakumar, who has taken over as the managing director of HCL from Shiv Nadar
BUSINESS
MC Interview: Swiggy co-founder CEO Sriharsha Majety on his ambitions beyond food delivery
In a rare interview after Swiggy closed a $1.25 billion funding round, Majety spoke about the market potential, what the Zomato IPO means for Swiggy, his bets on breakout areas such as grocery and meat delivery, the intense war for talent and why India has huge potential going forward.
BUSINESS
Swiggy closes $1.25 billion in funding, to double down on Instamart, acquisitions, talent
Swiggy CEO Sriharsha Majety also reacted to rival Zomato's upcoming IPO for the first time, stating that it is a great validation for the category it operates in, adding that he wishes Zomato the best.
BUSINESS
In 1990, there was an offer to buy us out for Rs 2 crore. Infosys has Rs 6.5 lakh crore m-cap now: NR Narayana Murthy on 1991 reforms
As India marks 30 years of economic liberalisation on July 24, Infosys founder NR Narayana Murthy spoke to Moneycontrol on how the context of 1991 changed the aspirations of Infosys in one go
BUSINESS
Interview | Expect deal wins to go up as demand environment remains robust: Mindtree CEO Debashis Chatterjee
In this interaction with Moneycontrol, Mindtree CEO Debashis Chatterjee speaks about demand drivers, talent pipeline and return to work as vaccination gains pace.
BUSINESS
Exclusive | Who has grown faster than us this quarter? Says Wipro CEO Thierry Delaporte as company clocks best-ever Q1
Wipro CEO Thierry Delaporte gave an exclusive interview to Moneycontrol's Chandra R Srikanth and Swathi Moorthy as the company reported its best quarter in years.
BUSINESS
Infosys CEO Salil Parekh welcomes Zomato public issue, says internet IPOs will boost innovation in India
Parekh's comment comes on the day of Zomato's successful IPO, as the offer has been oversubscribed on the first day of the bidding process itself. Apart from Zomato, Paytm, Policybazaar, Mobikwik, Nykaa, and Delhivery are also firming up plans for a public listing in India.
BUSINESS
Infosys vaccinates half the workforce, up to 30% may return to office within six months
The Bengaluru-based IT major has vaccinated 58 percent of employees with first dose and 10 percent with both the doses. It has also placed an order for 25 lakh doses to vaccinate its employees.
BUSINESS
Flipkart employees to return to office for three days a week starting December 2021
Flipkart CEO Kalyan Krishnamurthy also wrote to employees on its fund raise, calling it 'one of the most significant investments in the digital ecommerce ecosystem in India.'
BUSINESS
CCI okays SoftBank investment in Swiggy
The investment from SoftBank will come on top of the $800 million series J round that Swiggy recently closed
BUSINESS
Flipkart raises $3.6 billion, now valued at $37.6 billion
Flipkart has raised $3.6 billion in funding to accelerate the growth of the consumer internet ecosystem in India.
BUSINESS
Swiggy elevates top executive Phani Kishan as co-founder
The move to elevate a top executive to a founder's position is part of a growing trend among India's startups, to recognise core members of the team
BUSINESS
Internet IPOs in India good sign, will feed innovative capacity: TCS CEO Rajesh Gopinathan
Gopinathan's comments come against the backdrop of food delivery platform Zomato's IPO, which is set to open next week, making it the first Internet unicorn to list in India.
BUSINESS
TCS aims to complete second jab for employees by September, get them back to office
This will be the first step in implementing the company’s 25×25 vision, where the firm does not expect more than 25 percent of the employees work in office only 25 percent of the time.
BUSINESS
TCS headcount has crossed the 500,000 mark. Here's how it hires and retains employees
The second largest employer in the country continues to recruit. It will add at least 40,000 freshers in FY22. With an attrition rate of 8.6 percent, the lowest in the industry, this template is a standout.
BUSINESS
Exclusive | Discounts core to our business, investors not in a hurry to see profits: Zomato
Moneycontrol spoke to Zomato co-founder Gaurav Gupta and its CFO Akshant Goyal on its much-anticipated public listing, its key challenges and future plans.
