Business
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Edtech startup Sunstone raises Rs 280 cr led by WestBridge Capital
New Delhi: As edtech startups and unicorns lay off employees amid the funding winter, Gurugram-based higher education platform Sunstone on Friday said it has raised $35 million (around Rs 280 crore) in…
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Govt hikes windfall profit tax on export of diesel; cuts tax on domestic crude oil
New Delhi: The government on Thursday hiked the windfall profit tax on the export of diesel to Rs 7 per litre and brought back a tax on jet fuel exports, but slashed…
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Tata Motors to supply 921 electric buses to BMTC
Bengaluru: Tata Motors on Thursday bagged an order to supply 921 electric buses to the Bengaluru Metropolitan Transport Corporation (BMTC). Tata Motors will supply, operate and maintain the 12-metre Tata Starbus for…
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Nifty Bank index up over 11% so far this year
Mumbai: Nifty Bank, which is comprised of the most liquid and large capitalised Indian banking stocks, is up 11.76 percent so far this year due to robust earnings growth of banks, return…
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Tesla issues rare public denial on legal head quitting
New Delhi: Tesla on Thursday released a rare public comment on a media report that claimed that David Searle, head of legal, had left the electric car maker Taking to Twitter, Elon…
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Will further invest in India to boost local innovation: Google Play
New Delhi: Google Play on Thursday said that the company will continue to invest in India on solving for local opportunities and challenges, as it celebrated its 10th anniversary. Indian apps and…
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Centre to form panel to seek views on universal charger model
New Delhi: The Central government is looking at the possibility of adopting a universal charger model for all electronic devices like mobile phones, laptops, electric watches, and will set up a panel…
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Crypto scam revenue slips 65% amid economic downturn
New Delhi: As the global downturn continues, the crypto scam revenue for 2022 also dropped 65 per cent at $1.6 billion this year, lower than where it was through the end of…
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Netflix’s ad-supported plan likely to block offline viewing
San Francisco: Popular video streaming platform Netflix’s upcoming ad-supported tier is unlikely to make the platform’s offline viewing feature available to members on this low-end tier of the service. According to TechCrunch,…
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Unacademy Founder Gaurav Munjal and Relevel deny layoffs
New Delhi: After a report claimed that edtech major Unacademy has laid off employees from its job hiring platform Relevel, the company’s Founder and CEO Gaurav Munjal said on Wednesday that there…
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Airbnb introduces new anti-party tools to safeguard hosts
San Francisco: Online hospitality major Airbnb has introduced new anti-party tools to help identify potentially high-risk reservations and prevent those users from taking advantage of their platform. Earlier in June, the company…
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Flipkart to pay Rs 1L fine for selling sub-standard pressure cookers
New Delhi: The Central Consumer Protection Authority (CCPA) has passed an order on violation of consumer rights by e-commerce platform Flipkart for allowing sale of domestic pressure cookers in violation to mandatory…
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Indian startup to scale 15-min rapid EV charging with $13 mn funding
New Delhi: Indian EV startup Exponent Energy, which claims to have developed a battery that gets powered from zero to 100 per cent in just 15-minutes, on Wednesday raised $13 million funds…
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Reliance Jio, Voda step up hiring as 5G related job postings up 65%
New Delhi: As India and other countries take concrete steps to adopt 5G, the number of job postings by telcos related to 5G increased by 65 per cent last month, from 5,265…