Business
- India
Indian firms fast adopting Digital Twin tech to boost transformation: Report
New Delhi: As the government doubles down on the ‘Digital Twin’ technology adoption, 90 per cent of the enterprises in the country are aware of digital or virtual twins that could play…
- Business
Airtel pre-pays Rs 7,904 crore to clear deferred liabilities for spectrum
New Delhi: Bharti Airtel on Friday said it has prepaid Rs 7,904 crore to the Department of Telecom (DoT) to clear high-cost deferred liabilities for spectrum acquired in 2012 and 2015. In…
- Business
India witnessed over 30 pc rise in diversity hiring over the past 5 years: Data
New Delhi: Despite ongoing macroeconomic challenges, India is setting a new precedent with Diversity, Equity, and Inclusion (DE&I) hiring (LGBTQIA+, women, and persons with disabilities), as the country witnessed 30 to 35…
- Business
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…
- Business
Lenskart raises $200 million from Temasek, Fidelity at $5 billion valuation
Mumbai: Eyewear retailer Lenskart has raised $200 million in secondary investment from global investment firms Temasek and Fidelity Management & Research Company (FMR), it was announced on Monday. After this transaction, Peyush…
- News
Entertainment giant Live Nation confirms data breach via Ticketmaster
San Francisco: Entertainment major Live Nation has confirmed that its ticketing subsidiary Ticketmaster was compromised by hackers, who allegedly offered data of 560 million users on the dark web for sale. The…
- Business
India’s smart TV shipments fell 14 pc in Q1 due to slowdown in demand: Report
New Delhi: India’s smart TV shipments dropped by 14 per cent (year-on-year) in the first quarter (Q1) of 2024 due to a slowdown in demand and an inventory build-up at major OEMs…
- Business
Fintech startup BharatX acquires Zenifi to enter medical lending market
New Delhi: Y-Combinator-backed BNPL fintech startup, BharatX on Wednesday announced that it has acquired healthcare finance startup Zenifi to enter the medical lending segment. As part of the deal, the co-founder and…
- Business
EV-maker Euler Motors raises Rs 200 cr to expand its operations to over 40 cities
New Delhi: Electric Vehicle (EV) manufacturer Euler Motors on Wednesday said that it raised an additional Rs 200 crore to close its Series C funding round, bringing the total funding raised in…
- Technology
Razorpay POS launches ‘Q-Zap’ to enable faster checkouts, zero queues
New Delhi: Razorpay POS, the offline payments arm of the fintech major, on Wednesday launched ‘Q-Zap’, a payment solution for retailers, designed to enable faster checkouts and zero queues. With the help…
- Business
Adani Energy Solutions to raise upto Rs 12,500 crore
Mumbai: Adani Energy Solutions Ltd (AESL) on Monday, May 27, said that its board has approved raising funds not exceeding Rs 12,500 crore through Qualified Institutional Placement (QIP) or other permissible modes…
- Hyderabad
Aparna Construction invests Rs 284 cr to enter into shopping mall, cinema businesses
Hyderabad: Realty firm Aparna Constructions and Estates Pvt Ltd on Monday said it has entered into shopping mall and cinema businesses with an investment of Rs 284 crore. In a statement, Aparna…
- Business
BharatPe, PhonePe settle trademark dispute on using ‘Pe’ suffix
Bengaluru: The BharatPe Group and PhonePe Group on Sunday announced that they have amicably settled all long-standing legal disputes pertaining to the use of the trademark with the suffix “Pe”. This comes…
- Business
Nazara Tech promoter sells 6.3 pc equity to Plutus Wealth Management
New Delhi: Gaming and sports media platform Nazara Technologies, on Monday, said that its promoter Mitter Infotech has sold 48.84 lakh equity shares, or 6.36 per cent of its stake in the…
- Business
Mamaearth’s parent firm Honasa logs Rs 30 crore PAT in Jan-March quarter
New Delhi: Honasa Consumer Ltd, the parent company of Ghazal Alagh and Varun Alagh-led Mamaearth, on Thursday reported quarterly profit after tax (PAT) at Rs 30 crore for the January-March quarter this…
