Chennai-based edtech startup Skill-Lync lays off employees

New Delhi (IANS) Chennai-based edtech startup Skill-Lync has laid off employees as it consolidates operations across Chennai, Bengaluru and Hyderabad amid global macroeconomic conditions.

Launched in April 2015 by SuryaNarayanan P (CEO) and…

Aadhaar authentication rose to 2.31 billion in March 2023: IT Ministry data

New Delhi (IANS) Aadhaar authentication transactions have climbed to 2.31 billion in March 2023, against 2.26 billion authentication transactions recorded in February 2023, according to IT Ministry data.

Also, Aadhaar-enabled e-KYC rose by…

Google moves Delhi HC against single-judge order directing CCI to decide ADIF's applications

New Delhi (IANS) Google has filed an appeal against a single-judge order of the Delhi High Court directing the Competition Commission of India (CCI) to take up the applications moved by the Alliance of Digital India Foundation (ADIF) challenging Google's…

Adobe expands India footprint, opens new office to host 2K employees

New Delhi, (IANS) Software major Adobe on Monday announced the opening of a state-of-the-art office tower in Bengaluru that will host over 2,000 employees.

With over 7,800 employees spread across five campuses in the country, India is Adobe's…

With last week's IT loss, markets to consolidate

The week began with losses led by Infosys post its poor results and guidance for the upcoming year. Markets lost on three of the five trading sessions and gained on one. The fifth session which was the last day of the trading week remained flat.

Global consensus essential for crypto assets regulation: Sitharaman

New Delhi (IANS) Finance Minister Nirmala Sitharaman on Sunday emphasised on the need for global consensus for regulating crypto assets.

Addressing a series of events in Bengaluru, she said that any kind of regulation on crypto assets would…

ED chargesheets Nava Diganta Capital Services Ltd in PMLA case

New Delhi (IANS) The Enforcement Directorate (ED) on Saturday said that they have filed a prosecution complaint before a special PMLA court in Bhubaneswar against Nava Diganta Capital Services Ltd (NDCSL), its group companies Nava Diganta Agro Industries…

PNB cautions customers about fake message circulating on digital platforms

New Delhi (IANS) The Punjab National Bank (PNB) on Saturday issued an advisory to its customers related to fraudulent messages being circulated in PNB's name.

The bank said that a fraudulent message stating "PNB's 130th Anniversary…

India's GDP to grow at 6.2% in FY24, RBI to cut rate in Q1 2024: Morgan Stanley

Chennai (IANS) The full reopening of the economy last year, cyclical recovery in consumption, increased private sector capex, and acceleration on government spending will contribute for 6.2 per cent growth in India's gross domestic product (GDP)…

ITC scrip touches a market cap of Rs 5 trillion and comes down

Chennai (IANS) Diversified fast moving consumer goods major ITC Ltd having interests in cigarette, paperboards, hotels, food products reached a market capitalisation of Rs 5 trillion on Thursday.

The scrip with a face value of Re 1 opened at…