Cognizant Plans Office Asset Sales in Bengaluru and Hyderabad as Part of Cost-Cutting Strategy

Cognizant Plans Office Asset Sales in Bengaluru and Hyderabad as Part of Cost-Cutting Strategy Cognizant Technologies has announced its intention to sell office assets in Bengaluru and Hyderabad, signaling a strategic move to transition towards an asset-light model and capitalize on non-core real estate. This decision is a crucial component of the company’s broader cost-cutting strategy, aimed at saving $400 million over the next two years. As part of this divestment plan, Cognizant is set to sell a 10-acre campus in Gachibowli, Hyderabad, and a 14-acre campus in Siruseri, Chennai.…

Read More

Debate Erupts as Urban Company Executive Encourages Shift from Software Engineering to Lehenga Business

Debate Erupts as Urban Company Executive Encourages Shift from Software Engineering to Lehenga Business Amit Jaglan, an IIT Guwahati graduate and executive at Urban Company, ignited a debate with his recent social media post suggesting that youngsters consider leaving software engineering for the lehenga business in Chandni Chowk. In a post shared on the platform X (formerly Twitter), Jaglan highlighted the brisk sales of expensive lehengas in the bustling market of Chandni Chowk and offered the unconventional advice to switch careers. “I am at a loss of words. Lehngas north…

Read More

Paytm Temporarily Suspends Postpaid Service Amid Regulatory Changes and Lender Caution

Paytm Temporarily Suspends Postpaid Service Amid Regulatory Changes and Lender Caution In response to recent regulatory changes and a cautious approach from lending partners, Paytm, the Indian fintech giant, has decided to temporarily halt its buy-now-pay-later (BNPL) service, Postpaid, for new users. This move comes in the wake of evolving regulations impacting fintech partnerships and a notable withdrawal of support from a significant partner, Aditya Birla Capital, leading to the suspension of the Postpaid service. Aditya Birla Capital, a major lending partner for Paytm’s Postpaid service, appears to have withdrawn…

Read More

Security Violations by Employees as Harmful as Hacking Report

Security Violations by Employees as Harmful as Hacking: Report In a digital landscape where cybersecurity threats are ever-evolving, a new report highlights the often underestimated risk posed by internal actors. The study, conducted by [Research Organization], underscores the significance of security violations by employees, positioning them as potentially as harmful as external hacking incidents. This shift in perspective calls attention to the importance of not only defending against external threats but also implementing robust internal security measures. Key Findings: Insider Threats on the Rise: The report reveals a notable increase…

Read More

Apple to Send Experts to Join Hacking Threat Notification Probe in India

Apple to Send Experts to Join Hacking Threat Notification Probe in India In response to the recent surge in hacking threats and concerns over user privacy, tech giant Apple has announced its collaboration with Indian authorities. The company will dispatch a team of experts to join an ongoing investigation into hacking threats and the alleged compromise of user data. This move underscores Apple’s commitment to ensuring the security of its users and cooperating with authorities to address potential cybersecurity challenges. With the increasing frequency and sophistication of cyber threats, governments…

Read More

Workaholics Feel Worse Even While Working: Study

Workaholics Feel Worse Even While Working: Study In a world that often glorifies hard work and dedication, a new study sheds light on the less glamorous side of being a workaholic. Contrary to the common perception that workaholics find fulfillment in their relentless pursuit of professional success, this study suggests that they may be experiencing negative emotions even while engaged in their work. The findings challenge the prevailing notion that an intense focus on one’s career always leads to personal satisfaction. The Study: Conducted by a team of researchers from…

Read More