Tag: Growth

  • Tech’s New Normal: Microcuts Over Growth at All Costs

    The tech industry has largely recovered from the downturn, but Silicon Valley learned a long-lasting lesson: how to do more with less.  Amazon, Google, Microsoft and Meta Platforms have been cutting dozens or a few hundred employees at a time as executives keep tight controls on costs, even as their businesses and stock prices have…

  • Sеlling Smartеr, Not Hardеr: Tips for Businеss Salеs Growth

    Sales arе thе fuеl that keeps the organization thriving and moving forward. Whether running a small startup or managing a multinational corporation, the art of sеlling is a fundamеntal aspect of success.  Howеvеr, many businеssеs fall into thе trap of working hardеr rather than competently when it comes to salеs. In this article, we are…

  • December dip in online sales; insurtech firms chart alternate growth paths

    After an expected spurt during the festive season, ecommerce sales saw a larger-than-usual dip in December. This and more in today’s ETtech Morning Dispatch.Also in this letter:■ Contenders for HCL-Foxconn chip plant■ LTIMindtree CEO on firm’s margins■ ETtech Done Deals Ecommerce clicks dip in December, trigger growth concerns After the festive season sale, ecommerce sales…

  • Rapido posts wider FY23 loss, threefold growth in revenue

    Ride-hailing firm Rapido posted a 54% wider loss of Rs 675 crore in the financial year ended March 31, 2023, even as operating revenue tripled to Rs 443 crore.In FY22, the firm had incurred a loss of Rs 439 crore on operating revenue of Rs 145 crore, according to regulatory filings made by the company.…

  • Diversified R&D and generative AI key to future growth, says HCLTech’s C Vijayakumar

    Publication of the minutes of the last meeting of the US Federal Open Market Committee (FOMC) early January led to a surge in the National Stock Exchange’s technology index, which has gained 9% in a month on expectations of an early resumption to the rate-easing cycle in the world’s biggest market for Indian outsourcing. However,…

  • Hiring in Indian IT sector likely to see 8-10% growth in 2024: report

    The Indian IT sector, which has seen a contraction in hiring amid global economic slowdown and funding winter, is likely to witness a positive turnaround with 8-10% increase in hiring in 2024, suggests a new report rom talent solution company NLB Services. Overall, the hiring in the IT sector is expected to surge by 12-15%…

  • Nearly 75,000 sellers hit double-digit growth in 2023 sales: Meesho

    Around 75,000 sellers achieved double-digit growth while over 20,000 sellers witnessed a 10-time jump in their business on Softbank-backed ecommerce firm Meesho, the company said on Sunday. Meesho reported a profit this year and claims to have maintained the profitability since it first reported the performance in July. Elevate Your Tech Prowess with High-Value Skill…