Meesho becomes rare startup to manage a profit – Deccan Herald

Meesho has become one of the few startups in India’s fledgling e-commerce industry to turn a profit, helped by cost cuts that included a round of recent layoffs. The Bengaluru-based online mall, which sells everything from clothes to jewelry and electronics, managed a slim profit for the month of July, said Dhiresh Bansal, its chief financial officer.

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Data Protection Bill: Experts flag legitimate purposes concern for Big Four – Business Standard

After retail, telecom, Ambani casts eye on fin services, new energy biz Curbs on PC, laptop imports: 3month breather set to light up Diwali season Ahead of AGM, InGovern redflags governance concerns at TD Power Systems Reliance Retail crossed 1 bn transaction mark in FY23, to ramp up FMCG biz Reliance Retail crossed 1 bn transaction mark in FY23, to ramp up FMCG biz(cyber).

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Experts decode strategies for emerging IT challenges – The Economic Times

In an expanding cyber landscape, how are Asia Pacific leaders preparing their cyber resilience strategies Businesses are also asking themselves how to cultivate the right cybersecurity culture to battle the same. In a depreciating environment, what are the new green policies organisations are undertaking in order to reach their ESG goals What steps must leaders take to create a more conscientious business environment How can quality assurance ensure business vitality With an influx of questions surrounding how to address business and tech trends in today s rapidly changing landscape, we spoke to various industrywide leaders and experts to decode the most challenging aspects, and gain a plethora of insights on trends and upcoming strategies for businesses in Asia Pacific to stay ahead of the curve.

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Govt to announce payment security mechanism to support largescale e-bus rollout – The Economic Times

The Union government will come out with a payment security mechanism to support largescale rollout of electric buses as it eyes a major transition towards green public transport across the country, Tarun Kapoor , advisor to the Prime Minister at the PMO, said on Thursday. He also emphasised on the need to bring down the cost of electric vehicles to accelerate their adoption.

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Threats to Cybersecurity in the Digital Banking Industry – Analytics Insight

cybersecurity When data is left unencrypted, banks frequently face risks from hackers or other cybercriminals Cyber security is one of the most important criteria in many industries worldwide to protect data in the present threat landscape. But among all sectors, banks have a significant worth. Banks often handle millions of transactions and keep enormous amounts of client data. Therefore, banks must consider proactive and preventive security policies to secure their data from cyber attacks.

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Using AI to predict and prevent AI-powered job scams – The Financial Express

As AI continues to evolve, it can detect common elements of job scams, such as unrealistic pay scales, vague job descriptions, and suspicious URLs. As AI becomes more prevalent in job scam detection we can establish collaborations between industry stakeholders, cybersecurity experts, and AI developers to share information on emerging scam techniques. Datasharing initiatives can lead to a collective effort to stay ahead of evolving scam tactics.

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VALUE MATRIX: Tapping deep technology to solve hiring – The Financial Express

This is where ValueMatrix, an HR tech company backed by AI and ML, is trying to make a difference. Set up in August last year by Aditya Malik, it aims to make tech hiring free of intrusion of irrelevant profiles, incongruent resumes, and insignificant information. ValueMatrix helps companies attract talented workforce and bridge the gap between attrition and layoffs, said Malik, who is a startup mentor at Nasscom and CII, and comes with two decades of experience in SaaS product development.

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