Bengaluru-based retail SaaS company Impact Analytics raises $40 mn
Bengaluru, Jan 9 - Retail software-as-a-service (SaaS) sompany Impact Analytics on Tuesday announced it has raised $40 million in growth financing.
Apple exported ‘India-made’ iPhones worth Rs 65,000 cr in 2023
New Delhi, Jan 9 - As India doubles down on local manufacturing, Apple assembled iPhones worth more than Rs 1 lakh crore in India in 2023, according to industry data.
Crayons wins event management mandate for Nua-O district festival in Odisha
New Delhi, Jan 9 - Crayons -- one of India’s leading full-service advertising agencies -- has been awarded the work order for the prestigious Nua-O District Festival from Odisha government’s Department of Sports & Youth Services.
Google Trends data can help gauge inflation fears: ICRA report
New Delhi, Jan 9 - Google search interest regarding the prices of just three vegetables -- tomatoes, onions, and potatoes (TOP) -- has turned out to be a useful indicator of price anxiety in India, according to an ICRA study released on Tuesday.
Essar selects final technology partner for Essar Oil UK’s Industrial Carbon Capture facility
New Delhi, Jan 9 - Essar Oil UK announces the selection of the final key licensor technology provider, Elessent Clean Technologies’ BELCO gas cleaning technology for the planned EET Industrial Carbon Capture facility based at Stanlow, UK.
Polycab shares crash amid reports of Rs 200 cr tax evasion
Mumbai, Jan 9 - Shares of Polycab crashed by over 7 per cent on Tuesday amid media reports that the Income Tax Department had allegedly detected undisclosed income to the tune of Rs 200 crore by the company.
Uber India made Rs 679 cr from rides in FY23, losses up over 57%
New Delhi, Jan 9 - Ride-hailing major Uber’s losses went up more than 57 per cent in India to Rs 311 crore in the fiscal year (FY) 2023 from Rs 197 crore in FY22.
Zendesk acquires AI-led quality management platform Klaus
New Delhi, Jan 9 - Software-as-a-service (SaaS) platform Zendesk on Tuesday announced that it has signed a definitive agreement to acquire AI-powered quality management platform Klaus.
BluSmart Mobility enters surge pricing lane, introduces ‘rush hour’ fee
New Delhi, Jan 9 - EV ride-hailing and charging provider BluSmart Mobility, which once championed the cause of zero-surge pricing, has quietly introduced a new pricing structure for different timings during the day.
Philippines’ unemployment rate drops to decade low
Manila, Jan 9 - The unemployment rate in the Philippines fell from 4.2 per cent in October 2023 to 3.6 per cent in November, the lowest since April 2005, the Philippine Statistics Authority (PSA) said on Tuesday.
Zee Entertainment says committed to merger with Sony
New Delhi, Jan 9 - Zee Entertainment has reiterated that the Company is committed to the merger with Sony and is continuing to work towards a successful closure of the proposed merger.
German brand Blaupunkt eyes 4% market share in India, joins Amazon
New Delhi, Jan 9 - German electronics brand Blaupunkt on Tuesday announced that it partnered with Amazon India as its new e-commerce partner and aims to capture a four per cent market share in the country by FY2024-25.
Patanjali Foods hits new 52-week high
New Delhi, Jan 9 - Patanjali Foods shares are up more than 5 per cent on Tuesday to hit a new 52-week high.
Bandhan Bank’s loan claims to be audited by govt agency
Mumbai, Jan 9 - Bandhan Bank said on Tuesday that the National Credit Guarantee Trustee Company (NCGTC) has decided to carry out an audit of loan claims filed by the bank under a guarantee scheme.
Tata 1mg & Vitonnix UK enter exclusive partnership in India
New Delhi, Jan 9 - Tata 1mg, India's trusted digital healthcare platform, has joined forces with Vitonnix UK, a leading name in health and wellness innovation, to bring forth a first-of-its-kind offering in India.
Zee Entertainment shares down 8% after reports of Sony planning to call off merger
New Delhi, Jan 9 - Zee Entertainment shares were down 8 per cent on Tuesday after reports that Sony is planning to call off the proposed merger.
REC signs pacts to finance Rs 16,000 crore worth highway projects
New Delhi, Jan 9 - REC Limited has signed four MoUs worth Rs. 16,000 crore with Dilip Buildcon Limited, GMR Power & Urban Infra, CDS Infra Projects Limited & DP Jain & Co. Infrastructure Pvt. Ltd for financing road and highway projects, according
Now Swiggy Instamart VP Sidharth Satpathy moves on
New Delhi, Jan 9 - In yet another top-level exit, Sidharth Satpathy, Vice President at Swiggy Instamart, has quit the company after around five years.
Samsung flags 35% slip in Q4 2023 profit, misses forecast
Seoul, Jan 9 - Samsung Electronics on Tuesday predicted that its operating profit for the fourth quarter of last year would tumble 35 per cent on year, hurt by persistent weak demand for its mainstay semiconductor division.
Hiring in Indian IT sector declines 21% in Dec, AI jobs see growth
New Delhi, Jan 9 - Hiring in the Indian IT sector declined 21 per cent in December 2023 as against the same month in 2022, displaying similar trends as seen in most of the second half of last year, a report said on