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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The e-commerce startup gets a reality check; Hotstar loses subscribers for second quarter in a row.
Last Friday, Meesho laid off around 15% of its workforce, or 251 employees. In a note to its employees, the Bengaluru-based e-commerce startup said that it had made “judgment errors in over-hiring ahead of the curve” and that it is now “faced with the hard truth of aligning our people costs with the new projections for our business”.
News stories about startup layoffs and restructuring are nothing significant in the ongoing economic climate. But it seems Meesho is singing a particularly different tune than what it was less than five months ago. For a while now, the company has been …
The instant house help business has become the centre of focus and investment at the home services company. But another fight may be brewing in its core business.
The acquisition of IDBI Bank puts his Fairfax smack dab in the middle of the RBI’s rules on bank ownership. It must now decide whether to sell CSB Bank or merge the two lenders, neither of which will be easy.
The arrest and charges against an employee of the artificial intelligence company, fewer early-stage VC deals, and other updates.
