Google Has Quietly Built A 14% Stake In Anthropic
March 13, 2025
Deutsche Bank to Cut 35,000 Jobs, Shut Operations In 10 Countries
Deutsche Bank has reported cutting of 35,000 jobs over the next two years and shutting operations in 10 countries. Announcing its third quarter results, Germany’s largest lender and the world’s eighth largest bank in terms of assets (as per accuity.com) reported a loss of over 6 billion euros.
Naveen Tewari’s Priorities Tell Us Why InMobi Is A Huge Success
Starting up is never easy. There’s blood, sweat, tears, and a whole lot of sacrifice. Your life begins revolving around your company, and other aspects can often take a backseat. So when InMobi cofounder Naveen Tewari was asked to rank his wife, his company and cricket in order of preference, his response was clear – InMobi was the most important thing in his life.
FreeCharge To Raise $300m: Reports
FreeCharge, which was acquired by Snapdeal this May in India’s largest tech deal, is in talks with existing and new investors to raise $300 million. This will be Snapdeal’s first fund raise that’s earmarked for a separate entity.
MakeMyTrip, GoIbibo, Yatra Remove Oyo Rooms, Zo Rooms Listings
It’s the old guard versus the new. Wary of the traction being generated by new-age hotel booking sites like Oyo Rooms and Zo Rooms, incumbents MakeMyTrip, GoIbibo and Yatra have collectively removed listings from these properties from their sites.
Students Move Court Against Foodpanda Over Allegation of Wrong Bills
Bad PR seems to yet again plague the food startup. Now, law students Pranav Jain and Aroon Menon from Delhi have moved to court accusing Foodpanda of miscalculating the VAT charges on bills, subsequently misappropriating their total taxes and charges due to the govenrment, and also cheating customers in the process.
TVF CoFounders Embroiled In Legal Battle Over Ownership
After its hugely popular take on India’s startup scene captured all the drama associated with entrepreneurship, TVF has a new resource to draw inspiration from – its own internal feud. TVF Founder Arunabh Kumar has been dragged to court by former colleague Prashant Raj. Raj, who quit the company in 2014, is demanding a 4% share in the company as well as cash compensation for his work with TVF.
These Are India’s Top Earning Tech CEOs
It pays to be a CEO, and those of some of the biggest IT companies in India would know.
In this list, we detail the top 5 highest paid CEOs of IT companies in India, factoring in only their base salaries.
How The Greatest Companies Turn Employees Into Brand Ambassadors
The oft-overlooked key to brand building is your own employees doubling up as your biggest evangelists. And it’s not just pure love and pride that make them do that. The companies on their part ensure that employees are motivated, rewarded and gratified amply to project the best impression of their employers.
Structural Engineer Roma Agrawal Invited By The Queen To Buckingham Palace
Indian-origin structural engineer Roma Agarwal, who helped build Europe’s tallest building, the Shard, in London, has been invited to Buckingham Palace by Queen Elizabeth II. Roma will join a group of other female engineers at a reception being hosted by the Queen to encourage more women to take up the engineering profession.