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Oyo to layoff 600 execs across technology teams, hire 250 for sales

TMT

Oyo to layoff 600 execs across technology teams, hire 250 for sales

Oyo plans to lay off 600 executives across its technology and product teams as it shuts down ...

US firm Perfect Day to invest in Sterling Biotech under bankruptcy; to invest 1.5x more

Consumer

US firm Perfect Day to invest in Sterling Biotech under bankruptcy; to invest 1.5x more

Perfect Day, a US-based food technology startup that acquired Gujarat-based Sterling Biotech through...

Alibaba sells 3% stake in Zomato

Consumer

Alibaba sells 3% stake in Zomato

Alipay Singapore, an arm of Alibaba Group Holding Ltd, sold 3.07% stake in online food delivery ...

Temasek buys stake in Zomato, Alibaba sells

Consumer

Temasek buys stake in Zomato, Alibaba sells

Singapore state-owned investment company Temasek through its wholly-owned subsidiary Camas ...

Byju's tops list of largest companies funded by VC, PE companies

TMT

Byju's tops list of largest companies funded by VC, PE companies

Edtech major Byju's, with value of ₹47,680 crore, has topped the list of most valuable ...

Online marketplaces' GMV to hit $350 bn by 2027: Report

Consumer

Online marketplaces' GMV to hit $350 bn by 2027: Report

India’s online marketplaces will record a combined gross merchandise value (GMV) of over $350 ...

Tata in talks to acquire Wistron's India unit: Report

TMT

Tata in talks to acquire Wistron's India unit: Report

Tata Group is in discussions with Taipei's Wistron Corp, one of Apple Inc's top vendors in ...

Biocon concludes Viatris' $3 bn acquisition

Healthcare

Biocon concludes Viatris' $3 bn acquisition

Biosimilars manufacturing arm of Biocon Ltd, Biocon Biologics, on Tuesday announced completion of ...

Tatas and Singapore Air to merge Air India and Vistara

Consumer

Tatas and Singapore Air to merge Air India and Vistara

Singapore Airlines and Tata Sons (Tata) will merge national carrier Air India and full-service ...

'India will see significant economic activity over next decade'

People

'India will see significant economic activity over next decade'

Tech industry veteran Nandan Nilekani on Tuesday said India will witness "significant economic ...