BUSINESS
Row over Alt News donor data: Personally identifiable info of donors not shared by Razorpay, say sources
Lawyers say that most companies comply with such notices as failure to do so can lead to proceedings being initiated against them.
BUSINESS
Razorpay on AltNews donor data: Handed over data after receiving official notice
Razorpay's comment comes after AltNews said in a statement that the payments gateway had shared the data of its donors with police authorities without informing them of the move.
BUSINESS
Corporate Crossings | TN Hari moves on from BigBasket, is now co-founder of Artha School of Entrepreneurship
TN Hari, also an angel investor and author, announced his move on LinkedIn.
BUSINESS
Fine by US court on TCS in Epic Systems case halved to $140 million
TCS had earlier been told to pay $140 million in compensatory damages and $280 million in punitive damages.
BUSINESS
Non-compete clause issue: Infosys seeks time till July 13 from Karnataka Labour Dept
It was summoned along with the Nascent Information Technology Employees Senate (NITES) over adding a non-compete clause in its employment agreements.
BUSINESS
Moneycontrol Masterclass: No stigma around laid off talent, rebadging of youth who lost jobs not taking much time
People may find jobs, but experts say having a degree and the requisite skills both become important.
COMPANIES
Infosys summoned by Karnataka labour department over non-compete clause issue
The Karnataka Labour Department, on June 21, summoned both Infosys and the IT employees union for a joint meeting on July 4.
BUSINESS
Ankiti Bose steps down from Zilingo board
Bose said she is stepping down because the board has failed to show her any report pertaining to investigations into the company or into her alleged misconduct
BUSINESS
We're the only online grocer offering all possible formats, says BigBasket's Hari Menon
Co-founder and CEO Hari Menon says BB will shorten delivery timelines, but in a way that unit economics work. He says BBNow has taken off well and it will be expanding to more cities.
BUSINESS
‘We don't just offer ease of doing business, also offer peace of doing business’: Telangana IT Minister KT Rama Rao
In an interview, KTR elaborated on the new innovation campus, fostering innovation in the state and why he believes the state is an attractive investment destination for overseas companies.
BUSINESS
NITI Aayog launches report on gig economy in India: Key takeaways
The report looks at the present size of the sector, its job generation potential, and also offers recommendations for growth.
BUSINESS
Swiggy’s business has recovered fully from pandemic, GMV surged 76% to $2.3 billion in FY22: Prosus
The investor said that its share of Swiggy’s revenue for FY22 was $212 million, up 57 percent from FY21.
COMPANIES
Wipro more ‘growth-obsessed’, raising focus on larger deals: Chairman Rishad Premji
Rishad Premji said the long-term prospects of the tech services industry look good, highlighting the increased demand for digital, data, cloud and cybersecurity services due to the pandemic
BUSINESS
Challenges present opportunity for Infosys to gain market share: Nandan Nilekani
Addressing shareholders at the company’s 41st Annual General Meeting, the company's chairman said Infosys has been recognised as the fastest-growing IT services brand and that digital acceleration is opening doors for it.
BUSINESS
Demand strong, but cost optimisation also in focus: Accenture CEO
Kotak Institutional Equities said the immediate impact of a deteriorating environment is not visible in Accenture’s results or the decision-making of clients.
BUSINESS
Accenture’s Q3 revenue comes in at $16.2 billion, beats estimates
Accenture tempered its revenue forecast for Q4 and toned down its profit forecast for 2022 fiscal.
