Twitter rival Koo lets go 30% of staff over course of the year amid global slowdown

New Delhi (IANS) Homegrown Twitter rival Koo on Thursday said that it has let go 30 per cent of its workforce over the course of the year amid the current global meltdown.

The company told IANS in a statement that it is important for businesses…

India's smartphone market nosedives 20% in Q1 as 2023 remains challenging

New Delhi (IANS) Amid sluggish consumer demand, the Indian smartphone market witnessed the first-ever Q1 shipment decline of 20 per cent (year-on-year), a new research has shown.

Overall, the India smartphone market saw 30.6 million unit shipments…

TCS best place to work in India, esports platforms make it to top list

New Delhi (IANS) Tata Consultancy Services (TCS) has emerged as the top company among the best places to work in India this year, followed by Amazon and Morgan Stanley, a LinkedIn report said on Wednesday.

For the first time, companies such…

India's private equity, venture capital investments surpass $60 bn in 2022

New Delhi (IANS) India's private equity and venture capital (PE-VC) investments surpassed $60 billion in 2022 for the third consecutive year amid global headwinds, a report showed on Wednesday.

The country's share of PE-VC investments…

Apple generated over 1 lakh direct jobs in India in 2 yrs: MoS IT

New Delhi (IANS) The Apple ecosystem in India has generated over one lakh new direct jobs in manufacturing in the last two years, Minister of State, Electronics and IT, Rajeev Chandrashekhar, said on Tuesday.

Apple on Tuesday launched its first…

Ayush sector all set to provide efficient, holistic, affordable and quality health services through 'Ayush Grid' and AI

Goa (IANS) Day 2 of the second Health Working Group meeting under G20 India Presidency saw an important brainstorming session on citizen-centric health delivery ecosystem for universal health coverage leveraging digital health and innovation.

SME loan delinquencies to increase for Indian finance companies: Moody's

Chennai (IANS) A combination of factors like the increased loan repayment instalments owing to the earlier repo rate hikes by the Reserve Bank of India (RBI), limited refinancing options for small and medium enterprise (SME), slowing down of property…

Wholesale inflation falls to 29-month low of 1.34% in March as commodity prices ease

New Delhi (IANS) India's wholesale price index (WPI)-based inflation fell to a 29-month low of 1.34 per cent in March owing to a steep fall in indexes of primary articles, manufactured products, fuel and power as well as food.

Wholesale…

Apple previews its 1st retail store in India, Tim Cook 'excited' to build more

Mumbai (IANS) As it completes 25 years in India, Apple on Monday previewed its first own-branded retail store here that will serve as a dynamic space for customers. Next on the anvil is the second Apple retail store opening in New Delhi this week.

India-US trade rose by 8% in 2022-23, fell 1.5% with China

New Delhi (IANS) Bilateral trade between India and the US rose by almost 8 per cent to $128.55 billion in 2022-23, compared to $119.5 billion in 2021-22.

The growth in bilateral trade between the two countries is significant, considering the…