24 Indian startups raised $444 million in funding this week
New Delhi, May 25 -About 24 Indian startups have raised around $444 million in funding during this week, which include five growth-stage deals and 14 early-stage deals.
EaseMyTrip withdraws bid for GoFirst to focus on core growth areas: CEO Nishant Pitti
New Delhi, May 25 - Online travel company EaseMyTrip's CEO Nishant Pitti on Saturday said the company has decided to withdraw its bid for airline GoFirst to concentrate on its areas of strength.
Aurobindo Pharma arm Eugia’s manufacturing unit gets ‘official action indicated’ status by USFDA
New Delhi, May 25 - Drug maker Aurobindo Pharma on Saturday announced that the US Food and Drug Administration (FDA) has classified Eugia Pharma Specialities' (a wholly owned subsidiary of the company) formulation manufacturing facility -- Unit III, as 'Official Action Indicated (OAI)'.
Elated & committed after using my fundamental right: Paytm CEO
New Delhi, May 25 - Paytm Founder and CEO Vijay Shekhar Sharma said that India has a true momentum across growth parameters and he wants an extension of that momentum, as he cast his first vote in Delhi during the sixth and penultimate
Markets hit all-time high amid strong FII comeback
Mumbai, May 25 - Indian equity benchmarks closed at an all-time high this week as Nifty touched the 23,000 points milestone amid a strong comeback from foreign institutional investors (FII).
US-China trade war deepens as tariff exclusions end on hundreds of Chinese products
Washington, May 25 - In a bid to cut dependency on Chinese products, the US has banned, restricted or put high tariffs on hundreds of goods imported from the country in recent months to promote local manufacturing.
Indian-origin researcher discovers new tech that can charge electric car in 10 min
New Delhi, May 25 - Indian-origin researcher Ankur Gupta and his team have discovered a new technology that could charge a dead laptop or phone in a minute or an electric car in 10 minutes.
Share of organised employment in India on the rise: Finance Ministry report
New Delhi, May 25 - There has been a decline in annual as well as quarterly unemployment rates since the highs witnessed during the COVID-19 pandemic which has been accompanied by a rise in the share of employment in the organised sector of
People often get emotional when they try Vision Pro for first time: Tim Cook
New Delhi, May 25 - Apple CEO Tim Cook on Saturday said that the results of the company's virtual reality (VR) headset Vision Pro are so profound that "people are often emotional the first time they try it".
India needs ‘economic engines’ at district level for balanced regional development: Zoho CEO
New Delhi, May 25 - India needs economic engines at every district level for a balanced regional development, cloud software major Zoho’s CEO Sridhar Vembu said on Saturday.
After Murthy & Nilekani, another Indian tech leader receives global outsourcing honour
Bengaluru, May 25 - Chocko Valliappa, Founder and MD of New York and Bengaluru co-headquartered tech and IT services firm Vee Technologies, has been inducted into the ‘IAOP Leadership Hall of Fame,’ joining the ranks of Indian IT industry veterans N. R. Narayana
WhatsApp exports your user data every night: Elon Musk
New Delhi, May 25 - Tesla and SpaceX CEO Elon Musk on Saturday slammed Meta-owned WhatsApp for allegedly exporting users' data every night.
Gaming firm Nazara logs Rs 17 crore in net profit in Q4, revenue drops 8 pc
New Delhi, May 25 - Gaming and sports media platform Nazara Technologies on Saturday announced net profit from its continued operations at Rs 17.1 crore in the January-March quarter of FY24, up 43.6 per cent compared to Rs 11.9 crore in the same
India’s growth momentum to continue in April-March quarter of 2024-25: FinMin report
New Delhi, May 25 - The Indian economy closed the financial year 2023-24 strongly despite strong external headwinds, and early indications suggest that the growth momentum will continue during the current April-June quarter of 2024-25, according to a Finance Ministry report released on
Google infuses $350 million in Walmart-owned Flipkart
New Delhi, May 24 - As the Indian e-commerce space heats up with a spurt in the digital economy, Google has invested nearly $350 million in Walmart-owned Flipkart, taking the homegrown company’s valuation at nearly $36 billion.
EaseMyTrip logs Rs 15 crore in net loss in Q4, revenue surges 41 pc
New Delhi, May 24 - Online travel company EaseMyTrip on Friday reported a net loss of Rs 15 crore in the January-March quarter of the last fiscal year (FY24), as against a profit of Rs 45.6 crore in the previous quarter.
RBI fines Hero FinCorp for breach of norms
Mumbai, May 24 - The Reserve Bank of India (RBI) has imposed a penalty of Rs 3,10,000 on Hero FinCorp Limited for breach of norms related to the fair practices code for NBFCs.
At ‘Illness to Wellness’ awareness session, experts warn undetected thyroid diseases can lead to major health complications
New Delhi, May 24 - The ASSOCHAM CSR Council, under the Illness to Wellness initiative, hosted a panel discussion on the eve of World Thyroid Day titled ‘Thyroid Matters: In Health & Disease’ with the primary goal of increasing awareness about thyroid diseases
Adani Ports to join Sensex from June 24 after BSE rejig
Mumbai, May 24 - Adani Ports and Special Economic Zone (SEZ) will be included in the S&P BSE Sensex from June 24.
India’s forex reserves soar to lifetime high of $648.7 billion
Mumbai, May 24 - India's foreign exchange reserves surged by $4.55 billion to touch a new lifetime high of 648.7 billion mark during the week ended May 17, according to the latest data released by the RBI on Friday.