Top Indian IT Firms Expect Reduced Pay Increases in FY24 Top Indian IT firms are bracing for a slowdown in pay increases for the fiscal year 2024 (FY24). This expected decline in salary increments is a departure from the previous year when employees enjoyed more generous raises. Several factors, including a global tech spending slowdown, …
OYO Continues Growth, Expands Income Streams in Fiscal Year 2023 OYO, the hospitality giant led by Ritesh Agarwal, has reported continued growth in the fiscal year ending March 2023, although at a slower pace compared to previous years. The SoftBank-backed startup has been a prominent player in the global hospitality industry, offering a wide range …
Tata Group to Manufacture Apple iPhones in India A Shift from China-Centric Production In a significant development for the tech industry, Tata Group, an Indian conglomerate, is set to commence manufacturing Apple iPhones in India. This move represents a departure from Apple’s traditional China-centric production strategy and signifies India’s growing role in global electronics production …
Wow Skin Sciences Reports Income Decline and Increased Losses, Relies on Offline Sales Wow Skin Sciences, a prominent skincare brand, has faced challenging financial circumstances as it reported a decline in its income and an increase in losses. This shift in financial performance suggests that the company is navigating a period of economic turbulence and …
Rising Cybersecurity Prominence Amid Digital Transformation The prominence of cybersecurity is on the ascent, driven by enterprises’ digital-first transformation journeys. This transformation involves businesses increasingly relying on digital technologies to streamline operations, enhance customer experiences, and drive innovation. As digital technologies become integral to everyday business operations, the need for robust cybersecurity measures has never …