The Economic Time
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Israeli cyber startup Apex gets initial investment from OpenAI's Sam Altman
Israeli start-up Apex, securing AI tools, received funding from OpenAI CEO. $7M seed funding led by Sequoia Capital, Index Ventures. Addressing...
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Coforge’s net profit declines 6% to Rs 223 crore
Coforge's net profit declined in Q4 FY24 but annual profit rose significantly. Revenue increased, and margins improved. The company plans to...
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Data streaming company Confluent to boost India headcount by 25%
Confluent plans 25% workforce growth in India in 2024, with a focus on Indian public sector and BFSI. India houses a significant Confluent team for...
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Who is Freshworks’ new CEO Dennis Woodside?
Dennis Woodside replaces Girish Mathrubootham as Freshworks CEO amid market concerns. Woodside faces the challenge of steering the company in the...
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Paytm Money CEO Varun Sridhar steps down; Rakesh Singh appointed as chief executive
Paytm Money, the wealth management platform of One 97 Communication, has replaced chief executive Varun Sridhar, at the helm since 2020, with...
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LTTS wins $48 million deal with European auto parts supplier Forvia
As part of this five-year partnership, approximately 300 engineers from Forvia’s Augsburg (Germany) and Bangalore (India) sites, have transferred...
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Nvidia supplier SK Hynix says HBM chips almost sold out for 2025
Chief executive officer Kwak Noh-Jung said the Nvidia supplier and the world's second-largest memory chipmaker will begin sending samples of the...
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Girish Mathrubootham steps down as Freshworks CEO; Dennis Woodside takes charge
Woodside joined Freshworks as president in 2022, with a prior professional record including roles as president at Impossible Foods, Dropbox COO and...
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TVS Electronics' new SMT line set to focus on defence and railways
TVS Electronics ventures into EMS segment for defence and railways with SMT line in Karnataka. It collaborates with global partners, integrating...
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Electric two-wheeler sales drop 50% on month in April
Electric two-wheeler sales plummeted 50% in April due to a seasonal slump worsened by subsidy changes. Ola Electric dominated with 33,000 scooter...