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200 Indian women entrepreneurs set to raise Rs 850 cr from investors: Goldman Sachs

200 Indian women entrepreneurs set to raise Rs 850 cr from investors: Goldman Sachs

At least 200 women entrepreneurs in India are poised to raise an estimated Rs 850 crore ($100 million) from investors, helping to expand businesses and create new jobs, Goldman Sachs announced on Friday. Nov 8, 2024
Swiggy

Tepid response to Swiggy IPO continues, 35 pc subscription on Day 2

Swiggy IPO continued to see a tepid response from investors on the second day of bidding on Thursday. The Rs 11,327 crore IPO was subscribed 0.35 times or 35 per cent on the second day. Nov 7, 2024
Freshworks to cut its workforce by 13 pc to streamline operations

Freshworks to cut its workforce by 13 pc to streamline operations

Artificial intelligence (AI) service software provider Freshworks has announced a workforce reduction of 13 per cent to streamline its operations, affecting at least 660 employees worldwide. Nov 7, 2024
a-passenger-outside-the-spicejet-airlines-ticket-counter-at-the-domestic-airport-on-the-outskirts-of-agartala

Domestic air passenger traffic in India sees 6.3 pc growth at 138.5 lakh in Oct

The domestic air passenger traffic reached 138.5 lakh in October, higher by 6.3 per cent in comparison to 130.3 lakh in the previous month, according to a report on Thursday. Nov 7, 2024
ED conducts raids on multiple sellers linked to e-com players including Amazon, Flipkart

ED conducts raids on multiple sellers linked to e-com players including Amazon, Flipkart

The Enforcement Directorate (ED) on Thursday conducted raids on multiple sellers across the country -- linked to e-commerce platforms including Amazon and Flipkart -- over alleged money laundering activities. Nov 7, 2024
Adani Enterprises to launch maiden Rs 800 crore retail bond issue on September 4

Adani Group stocks surge, add Rs 54,381 cr in market cap

The share price of all the companies in the Adani Group surged on Wednesday, adding Rs 54,381.06 crore worth of wealth to the investors' kitty. Nov 7, 2024
Make Google a 'trusted source' in US election: Sundar Pichai to employees

Make Google a 'trusted source of information' in US election: Sundar Pichai to employees

Sundar Pichai stressed to employees that Google's products must be a trusted info source for all, amid White House vote counting. Nov 6, 2024
Chip giant Nvidia to design new AI chips every year: CEO

Nvidia surpasses Apple to become world's largest company in AI era

Graphics chip giant Nvidia has become the world's largest company by market capitalisation, surpassing Apple, in the artificial intelligence (AI) era. Nov 6, 2024
$1.5 billion Apple-Globalstar deal to transform direct to device satellite game

$1.5 billion Apple-Globalstar deal to transform direct to device satellite game

The $1.5 billion Apple-Globalstar deal packs a competitive punch for virtually all corners of the connectivity market ecosystem, from carriers to original equipment manufacturers (OEMs). Nov 6, 2024
Ola Electric's share hits all-time low of Rs 74 ahead of Q2 results

Ola Electric's share hits all-time low of Rs 74 ahead of Q2 results

Bhavish Aggarwal-run Ola Electric Mobility saw its share nosedive further to a fresh low of Rs 74.18 apiece on Tuesday after touching Rs 73.84 during the intra-day trading -- losing almost 8.5 per cent in a day. Nov 5, 2024
Swiggy

Swiggy's high valuation, ongoing losses raise concerns about long-term sustainability: Angel One

Swiggy's Rs 11,327 crore initial public offering (IPO) faces several risks and challenges that potential investors should consider, leading online brokerage Angel One has said, adding that the company's high valuation, coupled with its ongoing losses, raises concerns about its long-term sustainability. Nov 5, 2024
Concentrated revenue, dependence on govt-owned infra key risk for ACME Solar: Brokerage

ACME Solar IPO: Concentrated revenue, dependence on govt-owned infra among key risks

Concentrated revenue risk, dependence on government-owned transmission grids and infrastructure, and growth relying on winning highly competitive project bids are key risks for ACME Solar Holdings IPO. Nov 5, 2024
Xiaomi India President Muralikrishnan moves on, COO Mathur to guide key functions

Xiaomi India president Muralikrishnan steps Down; will continue as independent Strategic Advisor

Xiaomi India's President, Muralikrishnan B, is stepping down at the end of the year to pursue academic research. Muralikrishnan's tenure saw Xiaomi India achieve exceptional success, becoming a key player in the tech landscape. Nov 5, 2024
India's fintech startups grow fivefold in last three years

Fintech firm Cashfree Payments' losses increase to Rs 135 cr in FY24

Fintech firm Cashfree Payments has reported Rs 135 crore loss in the financial year (FY24), compared to Rs 133 crore loss in FY23. Nov 4, 2024
Population collapse is accelerating: Elon Musk

Elon Musk lays off more employees from X: Report

Elon Musk, who is busy promoting Donald Trump for the keenly-watched US presidential election on November 5, has reportedly laid off more employees from his X social media platform. Nov 2, 2024
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