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BUSINESS - Page 11

Ola clears air on layoffs

The Bhavish Aggarwal-run company has nearly 1,100 employees in its core ride-hailing business…reports Asian Lite News Ride-hailing major Ola on Monday clarified that nearly 200 engineers, including some in the software vertical,
September 21, 2022

DotPe forays into financial services

The funding round saw participation from existing investors PayU, the payments and fintech business of Prosus, and InfoEdge Ventures while Mitsubishi & Naya Capital joined as new investors…reports Asian Lite News Gurugram-based
September 20, 2022

‘Worst is over, only growth ahead’

Byju Raveendran said that he is not worried at all about paying the rest of the acquisition money as the core education business is doing excellent and the company has a healthy
September 18, 2022

‘Streamlining payments key to growth’

The report also highlights that 89 per cent of businesses believe that streamlining payments to international independent contractors is essential to gain a competitive advantage…reports Asian Lite News The recent ‘Essential Payments
September 7, 2022

Innovaccer lays off 120 workers 

In December last year, Innovaccer raised $150 million, driven by rapid customer adoption of the Innovaccer Health Cloud….reports Asian Lite News Healthtech unicorn Innovaccer has sacked nearly 120 employees, or less than
September 4, 2022

Hyundai, Kia global sales up in August

Its subsidiary Kia’s sales also went up 10 per cent last month from a year earlier despite an extended chip shortage…reports Asian Lite News Hyundai Motor, South Korea’s biggest carmaker, said on
September 2, 2022
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