In a veiled dig at Chennai-based Freshworks, Zoho founder Sridhar Vembu slammed the company for its "naked greed" after it laid off 660 people in shock layoffs, a day after it announced a $400-million buyback and its shares soared 28%. While Vembu did not name Freshworks in his X post, he said that a firm with over a billion dollars …
The second wave of the Covid-19 pandemic is here, across most of the country. Last year, early in the first lockdown in April 2020, a major financial daily had reported that several large retail chains in India, such as Reliance, the Future Group, McDonald’s, Domino’s Pizza and others were trying to use the omnipresent “force majeure” clause in all agreements …