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IT services firms: Coders run a summer script: stay hydrated

IT firms in southern India prioritize employee wellbeing during the scorching summer. Companies implement measures like webinars, flexible work hours, and enhanced facilities. Employees are urged to stay hydrated, limit commuting, and return to offices post-pandemic for health benefits. ....

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Agilitas: Agilitas appoints Nirdosh Chouhan as chief technology and product officer

Nirdosh Chouhan is a member of the founding team at Agilitas Sports. He will lead tech at Agilitas. ....

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cyberattacks: Zero-day vulnerabilities becoming major source of cyberattacks: Verizon

Cyberattacks exploiting vulnerabilities tripled in 2023, driven by MOVEit. Extortion rose while stolen credentials fell. Financially motivated incidents had a $46,000 median loss. Concerns persist around GenAI and deepfakes in cyber threats. ....

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gold loan disbursals: RBI cautions banks on gold loan disbursals through fintech startups

RBI cautions banks on gold loan disbursement concerns through fintechs like Rupeek, IndiaGold, and Oro Money. Banks evaluating next steps post IIFL Finance issue. Asset quality improved at Rupeek, with partnerships with Federal Bank, Indian Bank, and South Indian Bank. ....

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Licious: Licious turning omnichannel with five stores in Bengaluru by June

Licious founders plan 500 stores in 5 years with 6% operating profit margin. Targeting profitability by FY25, focusing on offline strategy. Improved demand forecasting and introduced subscription model for growth. ....

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