Tuesday, January 25, 2022

business

Cigniti’s US subsidiary to file lawsuit against former employees, related entity

Hyderabad: Hyderabad-based Cigniti Technologies has informed the BSE that at the meeting of the Board of Directors of the company held on Wednesday, through...

88% of board of directors find cybersecurity as business risk

New Delhi: Nearly 88 per cent of boards of directors view cybersecurity as a business risk as opposed to a technology risk. However, only...

India’s furniture & home market to reach $40bn by 2026: Report

Over the next five years, online furniture and home sales are expected to be growing at a strong 39 per cent CAGR. The online home category includes home decor, furnishings, mattresses and lighting.

HomeLane opens fourth centre in Hyderabad

With the new expansion plan for Telangana in progress, the company expects to create 600 new jobs in the State over the next two years

Zuckerberg selling his Facebook stock nearly every business day

According to a Forbes report citing filings with the US Securities and Exchange Commission (SEC), about 90 per cent of the sales were made by his philanthropic organisation, the Chan Zuckerberg Initiative (CZI).

Square Yards raises Rs 185 crores debt

In a statement, Square Yards said it has "received $25 million (around Rs 185 crore) in growth financing from ADM Capital"

Hyderabad autowalas face the brunt of lockdown

With drastic drop in income even after the city opening up, they find it difficult to make ends meet

Banks to be open from 10 am to 2 pm in Telangana

Hyderabad: Following the State government extending the lockdown as well as the relaxation window from from 6 am to 2 pm, the State Level...

Business resumption drops further as lockdowns continue

The business resumption index slipped to 60 for the week ended May 23, down from 63 in the previous reporting week.

Tech Mahindra announces appointment of ‘Wellness Officer’

In order to address well-being of the workforce amidst the COVID crisis, the new role has been created to institutionalize holistic wellness of all associates, and to ensure the access to medicine, hospitals and other medical supplies

Pinterest to test livestreaming with 21 creators this month

"Moderators will help to control the experience. They will also have the ability to remove people from the chat if they do not uphold Pinterest's Community Standards," the report mentioned.

RAI seeks capital support for retail industry amid pandemic

RAI noted that as the days of the lockdown drag on, it is getting increasingly difficult for retailers to retain employees and to keep their businesses afloat.

Nalgonda villages clamp mini-lockdown

Nalgonda: Several villages in erstwhile Nalgonda district have clamped a mini-lockdown on their own by imposing restrictions on business hours in view of the...

Samsung sees chip recovery in Q2 after strong Q1 results

Samsung's net profit stood at $6.4 billion in the January-March period, up 46.2 per cent from a year earlier, the world's largest memory chip and smartphone vendor said in a regulatory filing.

Fintech unicorn Razorpay raises $160 million, takes valuation to $3billion

With this, Razorpay that became a unicorn in October last year has tripled its valuation in under six months.

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