Business
Startups shed flab amid funding slowdown
Bengaluru: Startups are looking to prune costs amid tightening of larger-sized funding rounds. They are doing that by shedding staff.Over the past few weeks, more than 1,800 contractual and full-time employees have been fired from ed-tech firm Unacademy, social commerce startups Meesho and Trell, online learning platform Lido Learning and furniture rental startup Furlenco…
Business
Main person cos to proceed capex
Several leading consumer facing companies including Hindustan Unilever, Britannia, Voltas, Havells, Blue Star and Titan Company are going to continue their high capital expenditure (capex) and expansion this fiscal as that in FY23, senior executives told ET and analysts in recent earning calls.Much of the capex is ear-marked for new factories…
Business
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