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Byju’s ‘laying’ off 500 employees

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New Delhi: Byju’s is laying off about 500 employees, including from sales, amid a financial crunch, sources said, even as the edtech firm maintained that it is in the final stages of business restructuring to streamline operations. PTI

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Tata Tech, BMW to set up auto software hub

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Chandigarh: German luxury carmaker BMW Group and Tata Technologies have signed a deal to form a joint venture with the aim to set up an automotive software and IT development hub in Pune, Bengaluru and Chennai, a joint statement by the companies said.

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