New Delhi: E2E Networks, one of the largest India-based NSE-listed accelerated Cloud Computing platforms, has been ranked as a top IaaS provider globally by G2’s Spring 2024 rankings. This is a significant achievement for the New Delhi-headquartered company, as G2, the world’s largest and most trusted software marketplace, compiles this ranking based on crucial parameters such as customer satisfaction, market share, seller size, and social impact. The ranking, released in the last week of March, places E2E Networks in the esteemed company of peers like Google Compute Engine and Amazon EC2 within the “Infrastructure as a Service” (IaaS) category. According to…
Author: Ansh Singh
Ansh Singh
Ansh Singh is a journalist and writer who covers Entrepreneurship, Business, Startups, and Fintech. When not working, you will find him reading insightful case studies, exploring ideas online, and journaling by the beach.
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New Delhi: Byju’s, the edtech company, has initiated a round of layoffs, reportedly contacting affected employees via phone calls and terminating them without putting them through a performance improvement plan (PIP), as per sources cited by Moneycontrol. It’s noted that the company isn’t requiring employees to serve a notice period either. This recent wave of layoffs is estimated to affect anywhere between 100 to 500 employees, particularly impacting the sales function of the company. Over the past two years, Byju’s has reportedly let go of over 10,000 employees, amidst challenges such as financial constraints and legal disputes with investors and…
New Delhi: Infosys, a prominent IT corporation, disclosed that it had received a tax demand totalling ₹341 crore from the Income Tax department for the assessment year 2020-21. The demand, comprising interest, was issued under Sections 201 and 201(A) of the Income Tax Act, 1961, by the Government of India. Infosys is presently evaluating the impact of this directive on its financial statements for the quarter and fiscal year ending March 31, 2024, and is contemplating appealing against it. Additionally, a subsidiary of Infosys has been instructed to refund ₹15 crore for the assessment year 2014-15 under Section 154 of the Income…
New Delhi: Vijaypat Singhania, the former head of Raymond Group, has dismissed rumors of a reconciliation with his estranged son, Gautam Singhania, despite a recent viral photo showing them together. In an exclusive interview, Vijaypat Singhania clarified the circumstances surrounding the widely circulated photograph. He disclosed that Gautam had invited him for a brief meeting ostensibly for a cup of coffee. “Gautam Singhania’s assistant persistently urged me to visit their residence. Despite my initial reluctance, I eventually agreed. However, it became apparent that the purpose was to capture a photograph of us together,” Vijaypat Singhania explained. The image, shared by…
New Delhi: Vedanta, a prominent mining conglomerate, has unveiled plans to inject over $6 billion (₹50,000 crore) across various sectors such as aluminium, zinc, iron ore, steel, and oil and gas, with the aim of boosting annual EBITDA by at least $2.5 billion (₹20,750 crore), as per reports. The company has disclosed a comprehensive pipeline comprising more than 50 active projects and expansions geared towards fostering growth. These initiatives are anticipated to generate incremental revenue exceeding $6 billion. Additionally, Vedanta forecasts an uptick in EBITDA from an estimated $5 billion in the ongoing fiscal year ending March 31 to $6…
New Delhi: The possibility of Google’s Gemini AI model coming to the iPhone has sparked discussions about the mainstream integration of generative AI in smartphones, potentially marking a significant shift in the technology landscape. Amid reports of collaboration between Apple and Google, speculations arise regarding the implications of such a partnership on the future of smartphone features. If these reports prove accurate, Apple’s consideration of incorporating Google’s AI model into upcoming iPhone features suggests a recognition of the growing importance of generative AI in mobile devices. This potential move indicates a departure from viewing AI as a premium feature and underscores…
New Delhi: TCS CEO K. Krithivasan has made it unequivocally clear that the company is committed to bringing its entire workforce back to the office for work, stating, “We are not proponents of remote work.” Speaking at a recent Nasscom session in Mumbai, Krithivasan emphasized the importance of physical presence in the workplace for individual and organizational growth. He highlighted that crucial learning experiences stem from interactions with colleagues and seniors in the office environment, which cannot be replicated through virtual means such as Zoom calls. Krithivasan underscored the significance of in-person collaboration and camaraderie, stating that these vital aspects…
Ahmedabad: Ahmedabad Municipal Corporation (AMC) recently announced a significant leap towards sustainable waste management with the initiation of a tender process. The tender invited proposals for the Design, Build, Erection, Commissioning, Operation and Maintenance of a state-of-the-art 300 Tons Per Day (TPD) Capacity Municipal Solid Waste to Steam Plant under the PPP model. This move underscores AMC’s commitment to addressing the challenges of Solid Waste Management (SWM) in Ahmedabad City. Commenting on this initiative, a spokesperson from Ahmedabad Municipal Corporation stated, “The decision to steer 300 Tons Per Day (TPD) of municipal solid waste to a steam plant under the…
New Delhi: Zomato’s CEO, Deepinder Goyal, has entered into matrimony with Grecia Munoz, a Mexican entrepreneur and model. The wedding ceremony took place more than a month ago, according to a source who is familiar with the matter. Munoz, hailing from Mexico, has transitioned from a modeling career to founding her startup focused on luxury consumer goods. Following their wedding, Deepinder Goyal and Grecia Munoz returned from their honeymoon in February. Munoz, as indicated in her Instagram bio, proudly identifies as Mexican but also feels at home in India. This marks Goyal’s second marriage, having previously been married to Kanchan Joshi, whom he…
From leveraging the power of automation to cultivating strategic partnerships, here are five service providers leading the space : Sourceinfi: Sourceinfi, a prominent player in the Indian dropshipping industry, has revolutionized the landscape of e-commerce with its innovative approach. With a deep understanding of the operational and supply chain intricacies, Sourceinfi identified a critical need within the market: the demand for unique products. Recognizing that marketers are eager to introduce fresh inventory but need help finding reliable sources, Sourceinfi tapped into the vast pool of Chinese suppliers to bring a diverse range of products to its platform. Through seamless integration…
