Growth and Challenges Global Capability Centers (GCCs) in India Global Capability Centers (GCCs) in India have been on a significant expansion spree, demonstrating remarkable growth by adding 28,000 employees in the last quarter alone. With ambitious hiring plans in place, these GCCs aim to recruit 150,000 employees during the current fiscal year. However, despite this …
Ather Energy Faces Funding Hurdles Reassessing Growth Plans in the Competitive EV Market In a surprising turn of events, Ather Energy, one of India’s prominent electric vehicle (EV) manufacturers, has decided to abandon its ambitious plan to raise $250 million in funding. The company’s decision comes as a result of funding challenges and a slower-than-anticipated …
Arm’s Blockbuster IPO Draws 28 Banks, Fee Arrangements Remain a Mystery In a high-stakes move, chip designer Arm has managed to secure the involvement of 28 banks for its much-anticipated initial public offering (IPO), all without disclosing any fee arrangements. This intriguing development underscores the significant leverage held by Arm’s owner, SoftBank Group, over underwriters …
WhatsApp’s Latest Update Introduces Group Naming Convenience for All Users WhatsApp, the popular messaging platform used by billions globally, has introduced a convenient and user-friendly update. This update is currently being rolled out worldwide and is available for WhatsApp users on iOS, Android, web, and macOS. The new feature simplifies the process of naming group …
Apple Ad Star Films in Mexico Hints at Exciting iPhone 15 Guided Tour In a buzzworthy development, an actor renowned for their appearances in Apple advertisements has been sighted filming in Mexico. The intriguing sighting has fueled speculation about Apple’s plans, particularly concerning the flagship store’s recent closure, which is believed to be linked to …