Business
Read the latest business and finance news — Indian and global markets, banking, real estate, automobiles, startups and economic policy on Siasat.com.
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EV startup Battery Smart raises $65 million led by LeapFrog Investments
New Delhi: Electric vehicle (EV) startup Battery Smart on Tuesday said it has secured $65 million in a Series B funding round led by LeapFrog Investments. The startup said it will use…
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Persistent partners Google Cloud for expanded reach across India, US, UK
New Delhi: Multinational technology services company Persistent Systems on Tuesday announced a long-term partnership agreement with Google Cloud for expanded reach across India, the US, the UK, and Australia. According to the…
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India sees 2-fold surge in open-access solar installations in Q1 this year
New Delhi: As the adoption of renewable energy gains steam in India to offset the negative impact of climate change, India saw a two-fold surge in open-access solar installations to 1.8 gigawatts…
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India has potential to create over 10 crore new jobs by 2030: PHDCCI
New Delhi: India holds the potential to create more than 10 crore new jobs by 2030, as the economy is likely to add $3.3 trillion to the GDP by the same time…
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Adani Defence and Aerospace, UAE’s EDGE Group collaborate
Ahmedabad: Adani Defence and Aerospace on Tuesday signed a landmark agreement with EDGE Group, the leading advanced technology and defence group in the UAE, to collaborate across strategic defence and military domains,…
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Nirmala Sitharaman should not stick to old policies: Ex-Kerala FM
Thiruvananthapuram: Two-time former Kerala Finance Minister Thomas Isaac on Tuesday said FM Nirmala Sitharaman should not stick to old policies which only caused jobless growth and farmers unrest. “Woe to the people…
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Rupee opens flat against US dollar in early trade
Mumbai: The rupee opened on a flat note against the US dollar in early trade on Tuesday, weighed down by a muted trend in domestic equities and the strength of the American…
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Paytm cuts jobs amid restructuring exercise, disburses bonus
New Delhi: One97 Communications Limited (OCL), which owns the Paytm brand, has begun to lay off an undisclosed number of employees amid a restructuring exercise, along with facilitating outplacement assistance to those…
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Sensex breaches 77,000-mark for first time; Nifty hits new record high level in early trade
Mumbai: Benchmark equity indices hit their all-time high levels in early trade on Monday, with the Sensex breaching the 77,000-mark for the first time ever, rallying for the fourth day running. Optimism…
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Startups in India raise over $97 million in election result week
New Delhi: The Indian startup ecosystem, the world’s third largest, saw $97.3 million in funding across 10 deals this week as Lok Sabha election results were declared, paving the way for the…
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Telangana: Coca-Cola to invest Rs 700 cr in new Peddapalli plant
Hyderabad: The world’s largest beverage manufacturer, the Coca-Cola company, has announced investing Rs 700 crore in a new manufacturing plant in Telangana’s Peddapalli district, through its subsidiary, Hindustan Coca-Cola Beverages Pvt Ltd…
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NASA awards over $10mn to 7 firms for Mars sample return mission
New Delhi: NASA on Saturday announced a grant of about $1.5 million each to seven companies for studies exploring more affordable and faster methods for the Mars sample return mission. The companies,…
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Sri Lanka green lights Elon Musk’s Starlink satellite service
New Delhi: Sri Lanka has approved Elon Musk’s Starlink to launch satellite service in the country, President Ranil Wickremesinghe has said. Taking to social media platform X.com, Ranil said: “Telecommunication Regulatory Commission…
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Paytm shows early signs of recovery in UPI transactions
New Delhi: Payment and financial services company Paytm is witnessing early signs of recovery and strong stabilisation for its Unified Payments Interface (UPI) business, marking a strong turnaround for the company. The…
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AI flagship killer realme GT 6 is set to become the most coveted smartphone
New Delhi: The smartphone world is buzzing about the potential of AI, and it’s easy to see why! AI-powered features promise to revolutionise how we use our phones, offering a level of…
