Dixon Inks Pact To Make Asus Notebooks Under PLI 2.0
Dixon Technologies’ subsidiary Padget Electronics has signed a pact with Asus to manufacture notebooks under the PLI 2.0 scheme
Govt Tightens Grip On Social Media Entities, Presses For Release Of Monthly Compliance Report
The IT Ministry has directed social media platforms to ensure compliance with the due diligence obligations outlined under Rule 4 of the IT Rules 2021
Data Centre Plans? Microsoft Buys Another 16.4 Acre Plot In Pune For INR 435 Cr
Big tech major Microsoft has now purchased another 16.4 acre plot in the Pune's tech hub Hinjewadi for a consideration of INR 453 Cr.
India Aims To Take Its Digital Public Infra To 50 Nations In Next 5 Years: Nilekani
Infosys cofounder Nandan Nilekani has said that India plans to take its digital public infrastructure to 50 countries in the next five years.
CAIT’s Praveen Khandelwal Urges Govt To ‘Suspend’ Flipkart & Amazon’s Ops In India
CAIT secretary general emeritus Praveen Khandelwal has urged the Centre to “suspend” the operations of Amazon and Flipkart in the country.
Push For Ecommerce Exports: CBIC Extends Benefits Under RoDTEP For Courier Shipments
The CBIC has extended export-related benefits under the RoDTEP scheme to shipments made through courier mode.
ICICI Prudential Life Insurance Increases Its Stake In Honasa To 5.48%
ICICI Prudential Life Insurance Company's stake in Honasa has increased to 5.48% following acquisition of an additional 46.91 Lakh shares.
CCI Ropes In MDIS To Conduct Market Study On Impact Of AI On Competition
The CCI has roped in MDIS to conduct a market study to ascertain the impact of artificial intelligence (AI) on competition.
Exclusive: Swiggy Launches ‘Cafe’ To Deliver Snacks, Beverages In 15 Minutes
Following Zepto’s path, IPO-bound food delivery major Swiggy has launched ‘Cafe’ to deliver snacks and beverages in 15 minutes
Zomato To Pay INR 9.85 Cr To West Bengal GST Authorities
Fodtech major Zomato has decided to settle a case with West Bengal GST authorities by paying INR 9.85 Cr for GST demand
Insurtech Startup Onsurity Bags $45 Mn From Creaegis, Others To Launch New Offerings
SME-focussed Insurtech startup Onsurity has raised $45 Mn funding in its Series B round led by private equity fund Creaegis
Warivo Motor Enters High-Speed Escooter Market With Launch Of CRX
The price of Warivo's first high-speed escooter model CRX starts at INR 79,999 and it is available in five colours
Meet The 7 Indian Startups Picked Up For Amazon’s GenAI Accelerator
Amazon’s cloud computing arm Amazon Web Services (AWS) has picked up seven Indian startups, operating in the GenAI space, for its AWS Global Generative AI Accelerator programme.
Sportswear Startup Agilitas Gets Funding From Spring Marketing To Expand Portfolio
Agilitas Sports will use the fresh funds to expand its brand portfolio, strengthen its presence in India and enter international markets.
Moneyboxx To Raise INR 176 Cr To Expand Its Lending Play For Small Businesses
The startup has already received INR 91 Cr of which INR 63 Cr is from preferential equity issue and INR 28 Cr from warrant
DroneAcharya Jumps 20% To Hit Upper Circuit On Co’s Bullish Growth Forecast For FY25
Shares of drone startup DroneAcharya jumped as much as 19.98% to reach INR 142 apiece, hitting the upper circuit.
Delhivery Alleges IPO-Bound Ecom Express Used Incorrect Numbers In Its DRHP
Delhivery vs Ecom Express: Delhivery alleged that Ecom Express used incorrect information about the former multiple times in its DRHP
Virat Kohli-Backed WROGN’s FY24 Revenue Falls 29% To INR 244 Cr, Loss Up 28%
Wrogn's operating revenue slumped 29% to INR 243.8 Cr in the financial year 2023-24 (FY24) from INR 344.3 Cr in the previous fiscal year.
Zomato Now Delivers Food To Travellers At 100 Railway Stations In Partnership With IRCTC
Foodtech major Zomato is now delivering food to train passengers across more than 100 railway stations in the country.
Accel Rolls Out Fourth Cohort Of Its Pre-Seed Programme With Focus On AI, Fintech & Ecommerce
Multi-stage venture capital firm Accel has announced the fourth cohort of its flagship pre-seed investment programme Atoms.
Women-Focused Wellness Startup Newmi Care Bags Funding From Sprout Venture Partners, Others
Women-focused wellness startup Newmi Care has raised $1.5 Mn (about INR 12.6 Cr) in a seed funding round led by Sprout Venture Partners
Finova Capital Seeks To Raise INR 800 Cr In A Mix Of Primary & Secondary Deal
Finova Capital is in advanced stages of discussion to raise INR 800 Cr in a mix of primary capital infusion and secondary share sale.
Semiconductor Push: TCS Goes Full Throttle In Indian Chip Roll Out
Tata Group-owned Tata Consultancy Services (TCS) is working with group peer Tata Electronics to roll out first made-in-India chips by 2026
Nazara To Make Its Biggest Bet Of INR 982 Cr In Pokerbaazi Parent
This acquisition will strengthen Nazara’s presence in the online gaming sector and bring Moonshine under its fold as an associate company
Fireside Ventures, Peak XV, Others Dump Honasa Shares Worth INR 1,602 Cr
Amid broader rally in Honasa's share prices, investors Peak XV Partners, among others, sold shares worth INR 1,601.68 Cr via bulk deals.