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Abtak.com - Technology - News Image
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TechnologyApr 06, 2026 10:34 AM

Companies must take responsibility: Nites flags AI-driven layoffs

Nites has argued that although tech profits remain strong, weakening job security raises serious questions about corporate responsibility and accountability IT employees' body Nites has exhorted tech firms to prioritise reskilling over layoffs, while calling for policy intervention to bring stronger safeguards and mandatory severance norms to protect white-collar workers, as aggressive AI build-outs by industry trigger job cuts and uncertainty for workforce. Nascent Information Technology Empl ...Read More >

Abtak.com - Business - News Image
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BusinessMar 31, 2026 05:34 PM

Big Move: Former Deloitte India Chairman PR Ramesh Joins VerSe Innovation as Independent Director

PR Ramesh, former chairman of Deloitte India, has joined VerSe Innovation, the parent company of news platforms Dailyhunt and the short-video app Josh, as an independent director, the company said in a statement on Tuesday. Key Responsibilities at VerSe At VerSe, Ramesh will also head the audit committee and will be responsible for overseeing financial reporting, internal controls, risk management, regulatory compliance, and audit functions. Strong Industry Experience He brings extensive exp ...Read More >

Abtak.com - Technology - News Image
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TechnologyOct 17, 2025 02:31 AM

Four Out Of Five Small Business Marketers Don't Trust Their Marketing

Forbes contributors publish independent expert analyses and insights. If you asked a group of small business marketers how confident they are that their efforts are paying off, you might expect a reasonably optimistic response. After all, marketing budgets are up, AI tools are everywhere, and customer demand for personalized content is pushing innovation. But the latest 2025 State of Small Business Marketing report reveals a startling statistic: only 18% of SMB marketers feel "very confident" ...Read More >

Abtak.com - Business - News Image
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BusinessSep 16, 2025 09:51 AM

CRED CEO Kunal Shah Advocates for Growth Over IPO as Company Targets India's Affluent Market

Fintech platform CRED is postponing its IPO, deeming itself "too young" and prioritizing building a robust financial ecosystem. CEO Kunal Shah aims to deepen relationships with affluent users and expand product offerings, fueled by a recent $75 million Series G fundraise. CRED launched new features including asset tracking, curated fixed deposits, and premium credit cards. Fintech platform CRED has ruled out an initial public offering (IPO) in the immediate future, with Founder and CEO Kunal Sh ...Read More >

News18 - Business - News Image
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BusinessSep 15, 2025 05:52 PM

'Too young for IPO', CRED to target premium segment growth, says CEO Kunal Shah

Bengaluru, Sep 15 (PTI) Fintech platform CRED has ruled out an initial public offering (IPO) in the immediate future, with Founder and CEO Kunal Shah stating the company is "too young" for public markets and is instead prioritising robust institutional building and expanding its range of offerings for India's affluent, creditworthy consumers. Acknowledging the inevitability of going public "at the right time", Shah underlined that the firm's immediate focus is on nurturing a trusted financial e ...Read More >

Yahoo! Finance - Politics - News Image
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PoliticsJan 10, 2025 03:29 PM

India names Diageo, Sequoia Capital in case alleging suspicious payments

NEW DELHI (Reuters) - India's federal investigating agency has accused liquor giant Diageo and Sequoia Capital of making suspicious payments to a politician's firm to seek favourable government decisions, it said in a document Reuters reviewed on Friday. In the document, the Central Bureau of Investigation (CBI) says Diageo Scotland made a suspicious fund transfer to Indian politician Karti Chidambaram's firm after a 2005 ban on sale of its duty-free products hit sales of its Johnnie Walker whi ...Read More >

Unknown Source - Technology - News Image
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TechnologyDec 10, 2024 05:11 PM

LambdaTest raises $38 Mn to scale QA platform KaneAI

Cloud-based testing platform LambdaTest has secured $38 million in a funding round led by Avataar Ventures, with Qualcomm Ventures also participating. The fresh funding comes after a gap of more than 30 months for the Noida and San Francisco-based startup. This latest round brings the company's total funding to $108 million, including a $45 million round in March 2022. Its early backers include Premji Invest, Peak XV, Telstra Ventures, Blume Ventures, and Leo Capital. LambdaTest was part of the ...Read More >

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