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Search Results for author "Komal Patel"
Facebook parent renamed as Meta in its rebranding process-thumnail

Facebook parent renamed as Meta in its rebranding process

By Komal Patel

Facebook is betting evidently on the metaverse or a 3D virtual space which will allow people to share experiences in a technology-driven virtual environment. CEO (Chief Executive Officer) of tech

Technology

October 29, 2021

Blue Collar management startup BetterPlace acquires OLX People and Waah Jobs-thumnail

Blue Collar management startup BetterPlace acquires OLX People and Waah Jobs

By Komal Patel

BetterPlace is on a mission to cushion more than 400 million blue and grey collar workers in India for helping them with better employment opportunities, especially after the pandemic period.

Startup

October 29, 2021

Acko turns unicorn with $255 million fundraise, valuation hits $1.1 billion-thumnail

Acko turns unicorn with $255 million fundraise, valuation hits $1.1 billion

By Komal Patel

Before the $255 million worth fundraiser, Acko raised $60 million in a round of funding in September 2020. It led to the estimated valuation of $500 million. Indian digital insurance

Startup

October 29, 2021

Paytm parent firm to expand the public issue size to Rs 18,300 crore-thumnail

Paytm parent firm to expand the public issue size to Rs 18,300 crore

By Komal Patel

Paytm had earlier targeted the IPO size at Rs 16,600 crore, comprising the sale of Rs 8,300 crore worth new shares. Fintech giant Paytm’s parent firm One97 Communications will reportedly

Startup

October 28, 2021

Nykaa operator raises Rs 2,396 crore from anchor investors ahead of its IPO-thumnail

Nykaa operator raises Rs 2,396 crore from anchor investors ahead of its IPO

By Komal Patel

Nykaa operator FSN E-Commerce Ventures IPO includes fresh issue of equity shares valuing Rs 630 crore and OFS (offer for sale) of about 41,972,660 equity shares by promoter and existing

Retail

October 28, 2021

Reliance Jio reveals key features of JioPhone Next ahead of Diwali Launch-thumnail

Reliance Jio reveals key features of JioPhone Next ahead of Diwali Launch

By Komal Patel

The telecommunication giant claimed that the JioPhone Next will contribute significantly in offering equal opportunities and equal access to digital technology, to every Indian.  Telecommunication establishment Reliance Jio dropped curtains

Technology

October 27, 2021

Starlink to consider using Vodafone spectrum to expand service in UK-thumnail

Starlink to consider using Vodafone spectrum to expand service in UK

By Komal Patel

Confirming the development, a Vodafone spokesperson informed the Telegraph that in the regard of satellite spectrum, the company is in talks with “multiple operators” and that they are close to

Technology

October 25, 2021

Microsoft acquired Clear Software to improve connectivity with SAP, Oracle-thumnail

Microsoft acquired Clear Software to improve connectivity with SAP, Oracle

By Komal Patel

Officials revealed that Microsoft will provide details and specifics about how the company looks forward to incorporating the latest acquisition Clear Software’s technology into its line-up. Global tech giant Microsoft

Technology

October 25, 2021

Ola plans to hire 10,000 people for Ola Cars, eyes GMV worth $2 billion-thumnail

Ola plans to hire 10,000 people for Ola Cars, eyes GMV worth $2 billion

By Komal Patel

Ola Cars has reported the fastest growth in the vehicle buying segment. The platform sold about 5,000 pre-owned cars in its initial stages of operation. India’s leading ridesharing establishment, Ola

Automotive

October 22, 2021

Nykaa unveils IPO launch date, planning to raise up to Rs 5,200 crore-thumnail

Nykaa unveils IPO launch date, planning to raise up to Rs 5,200 crore

By Komal Patel

Nykaa has planned to use IPO proceeds of about Rs 200 crore to expand the brand exposure in the market for more visibility of the company’s brands. E-commerce beauty and

Retail

October 22, 2021

Niti Aayog Vice Chairman urges Tesla to make electric cars in India; assures tax benefits-thumnail

Niti Aayog Vice Chairman urges Tesla to make electric cars in India; assures tax benefits

By Komal Patel

In September 2021, the heavy industries ministry had also asked Tesla to first begin its manufacturing business in India prior to any tax concessions consideration. Public policy ‘think tank’ of

Automotive

October 22, 2021

Swiggy to introduce a 2-day paid monthly period leave policy to female delivery partners-thumnail

Swiggy to introduce a 2-day paid monthly period leave policy to female delivery partners

By Komal Patel

Bangalore-based food delivery platform has about 2 lakh delivery partners, of which a thousand are women. Food delivery platform Swiggy has come up with a new initiative to introduce a

Startup

October 21, 2021

BSNL to offer UK company Inmarsat’s GX satcomm services in India-thumnail

BSNL to offer UK company Inmarsat’s GX satcomm services in India

By Komal Patel

Inmarsat will make its entry in the Indian market via Indian state-run telecommunication establishment BSNL (Bharat Sanchar Nigam Ltd), post the latter receiving a license from the Department of Telecommunications

telecom

October 21, 2021

IMF chief economist Gopinath to leave job, return to Harvard in January-thumnail

IMF chief economist Gopinath to leave job, return to Harvard in January

By Komal Patel

Managing Director (MD) of IMF, Kristalina Georgieva informed on October 19, 2021, that the search for the successor replacing Gopinath would begin soon. Gita Gopinath, IMF (International Monetary Fund) chief

Enterprise Service

October 21, 2021

Facebook planning to rename the company; will focus on metaverse-thumnail

Facebook planning to rename the company; will focus on metaverse

By Komal Patel

Zuckerberg is spearheading its focus on building next-generation technology. As one of the recent updates, the company announced Andrew Bosworth, the head of AR and VR, as Facebook’s Chief Technology

Technology

October 20, 2021

Reliance Retail acquires 52% stake in Ritu Kumar’s Ritika Pvt Ltd-thumnail

Reliance Retail acquires 52% stake in Ritu Kumar’s Ritika Pvt Ltd

By Komal Patel

Ritu Kumar said that this collaboration will fuel the work in researching and reviving India’s textile history, thereby enhancing and highlighting the design ability. India’s retail major Reliance Retail Ventures

Retail

October 20, 2021

Tata AIG launches RPAS insurance, joins hands with TropoGo-thumnail

Tata AIG launches RPAS insurance, joins hands with TropoGo

By Komal Patel

The Ministry of civil aviation anticipates a Rs. 5,000 crore worth investment in the drone manufacturing industry for three years. The joint venture between the Tata Group and American International

BFSI

October 20, 2021

WhatsApp expands joinable call feature to group chats; all you need to know-thumnail

WhatsApp expands joinable call feature to group chats; all you need to know

By Komal Patel

The platform is quite in talks to be working internally on additional features including multiple device support, logout option, read later feature and more. WhatsApp, a Facebook-owned instant messaging app,

Technology

October 20, 2021

Paras Defence share price soars after the board approves incorporation of an associate company-thumnail

Paras Defence share price soars after the board approves incorporation of an associate company

By Komal Patel

The stock of Paras Defence traded at Rs. 759.90 on October 18, 2021. It is reported that there was a surge in demand which led to the pending buy orders

Enterprise Service

October 19, 2021

Here is everything Apple announced at its Unleash event: MacBook Pros, New AirPods, HomePod Minis and more-thumnail

Here is everything Apple announced at its Unleash event: MacBook Pros, New AirPods, HomePod Minis and more

By Komal Patel

Apple is all geared up to ship its newly launched products including new iPhones, Apple Watches, MacBooks, AirPods, HomePod Mini speakers, etc. during the holiday season. Global tech giant Apple

Technology

October 19, 2021

ApplyBoard launches new office in Gurugram, expands its India team-thumnail

ApplyBoard launches new office in Gurugram, expands its India team

By Komal Patel

The company raised around C$375 million in its Series D round of funding led by Ontario Teachers’ Pension Plan in June 2021, which elevated ApplyBoard’s market valuation to C$4 billion.

Education

October 18, 2021

Metropolis Healthcare board approves the acquisition of Hitech Diagnostic-thumnail

Metropolis Healthcare board approves the acquisition of Hitech Diagnostic

By Komal Patel

The restructured term of the deal comprises a cash consideration of Rs. 636 crore only against the combination of cash and equity, earlier announced by the company. Indian diagnostic chain

Healthcare

October 18, 2021

Infosys COO Pravin Rao to retire; Company will announce new structure soon-thumnail

Infosys COO Pravin Rao to retire; Company will announce new structure soon

By Komal Patel

Salil Parekh, the CEO (Chief Executive Officer) and MD (Managing Director) of Infosys reported that they have already sketched out the new structural plan and will declare it in the

Technology

October 16, 2021

Gujarat government agrees to buy from Tata Power Mundra UMPP-thumnail

Gujarat government agrees to buy from Tata Power Mundra UMPP

By Komal Patel

It is reported that the cost that the Gujarat government will pay to Tata Power’s subsidiary Coastal Gujarat Power Limited, is higher than the cost stated in the agreement of

Manufacturing

October 16, 2021

SEBI gives green signal to Nykaa IPO worth Rs. 4,000 crore-thumnail

SEBI gives green signal to Nykaa IPO worth Rs. 4,000 crore

By Komal Patel

Nykaa had earlier filed its DRHP (Draft Red Herring Prospectus) with SEBI on August 2, 2021. The planned IPO size was calculated to be Rs. 4,000 crore. Securities and commodities

Startup

October 16, 2021

WhatsApp rolls out end-to-end encrypted backups on both Android and iOS-thumnail

WhatsApp rolls out end-to-end encrypted backups on both Android and iOS

By Komal Patel

WhatsApp shared through a post that with its all-new feature of end-to-end encrypted backups, no other messaging service at the company’s scale will match this level of security to its

Technology

October 16, 2021

Coal India to refrain from e-auction till the stock situation stabilizes-thumnail

Coal India to refrain from e-auction till the stock situation stabilizes

By Komal Patel

Coal India unveiled that the prioritization of supplying coal to power stations is not permanent, being in the interests of the country, in order to bring into control the low

Manufacturing

October 16, 2021

Coal supply to power plants will improve rapidly, says Pralhad Joshi-thumnail

Coal supply to power plants will improve rapidly, says Pralhad Joshi

By Komal Patel

The coal power stations had around an average of four days’ worth of coal at the end of September 2021. However, as brought into notice by Pralhad Joshi, Coal India

Manufacturing

October 14, 2021

Mandate use of natural gas in industries says PIL in Gujarat HC on rising coal depletion-thumnail

Mandate use of natural gas in industries says PIL in Gujarat HC on rising coal depletion

By Komal Patel

The hearing on the matter proposed by the advocate Amit Panchal as a party-in-person will be conducted by a bench of Gujarat High Court on October 14, 2021. Considering the

Enterprise Service

October 14, 2021

Reliance Industries agrees to invest around USD 29 million in NexWafe-thumnail

Reliance Industries agrees to invest around USD 29 million in NexWafe

By Komal Patel

The investment by Reliance Industries is expected to be completed in October 2021 which will elevate the product and technology development for NexWafe . Mumbai-based multinational conglomerate giant Reliance Industries

Manufacturing

October 14, 2021

WHO suggests extra dose of vaccine for people with low immunity-thumnail

WHO suggests extra dose of vaccine for people with low immunity

By Komal Patel

In India, the Covid-19 vaccination coverage has crossed 95.82 crore on October 12, 2021. Amid the pandemic where people are still witnessing the ongoing battle against Covid-19, WHO (World Health

Healthcare

October 13, 2021

IT Minister Ashwini Vaishnaw makes first call over Indian 4G network of BSNL-thumnail

IT Minister Ashwini Vaishnaw makes first call over Indian 4G network of BSNL

By Komal Patel

The roll-out is expected to be a turning point for BSNL for its survival after the government disapproved the privatization of the company.  IT and Union Telecom minister Ashwini Vaishnaw

Technology

October 12, 2021

Reliance Industries buys REC Solar for Rs. 5,800 crore-thumnail

Reliance Industries buys REC Solar for Rs. 5,800 crore

By Komal Patel

Reliance Industries will utilize REC’s capacity which has 3 manufacturing units including one in Singapore and two in Norway for producing solar grade polysilicon PV cells. Mumbai-based conglomerate giant, Reliance

Manufacturing

October 12, 2021

Aditya Birla Sun Life AMC shares listed at Rs. 715 on NSE and at Rs. 712 on BSE.-thumnail

Aditya Birla Sun Life AMC shares listed at Rs. 715 on NSE and at Rs. 712 on BSE.

By Komal Patel

Aditya Birla Sun Life AMC listing in BSE, NSE on October 11, 2021; here is all you need to know The joint venture between Aditya Birla Capital Limited and Sun

Finance

October 11, 2021

Ola launched vehicle buying business Ola Cars; appoints Arun Sirdeshmukh as CEO-thumnail

Ola launched vehicle buying business Ola Cars; appoints Arun Sirdeshmukh as CEO

By Komal Patel

Ola Cars will allow the customers to buy new and owned vehicles via the Ola App which will perhaps provide a range of vehicle-related services including the vehicle purchase, finance,

Automotive

October 8, 2021

NCLAT grants more time to Zee to reply to Invesco plea-thumnail

NCLAT grants more time to Zee to reply to Invesco plea

By Komal Patel

In the hearing which took place on October 7, 2021, NCLAT opposed the judgment passed by NCLT in not granting more time to Zee to file reply to Invesco’s petition.

Enterprise Service

October 8, 2021

Bombay High Court dismisses petition filed by Srei Group against RBI-thumnail

Bombay High Court dismisses petition filed by Srei Group against RBI

By Komal Patel

Promoters of the company, Adisri Commercial Private Limited asked for the stay on any insolvency proceedings against the two companies on October 6, 2021 by filing a writ petition in

Finance

October 8, 2021

Reliance Retail to launch 7-Eleven convenience stores in India after Future Group exit-thumnail

Reliance Retail to launch 7-Eleven convenience stores in India after Future Group exit

By Komal Patel

Future Retail disclosed earlier this week that the company’s deal with 7-Eleven Inc., which included the development and augmentation of the operations of the US chain’s convenience in India, was

Retail

October 7, 2021

Stocks to focus: RIL, ZEEL, Titan, Lupin, Sobha, Nazara Technologies and more-thumnail

Stocks to focus: RIL, ZEEL, Titan, Lupin, Sobha, Nazara Technologies and more

By Komal Patel

Subhash Chandra, Chairman at ZEEL on October 6, 2021 sought foreign investors Invesco Developing Market Funds to propose an open offer and even take over the establishment if desired. Nifty

Finance

October 7, 2021

ZEEL moves NCLAT asking more time to reply to Invesco plea-thumnail

ZEEL moves NCLAT asking more time to reply to Invesco plea

By Komal Patel

Invesco and OFL Global China Fund, holding together a stake of 17.88 % in ZEEL had earlier proposed for the eviction of Punit Goenka, the company’s CEO (Chief Executive Officer)

Entertainment

October 7, 2021

BSNL to offer 4G SIM cards free of cost till December 31-thumnail

BSNL to offer 4G SIM cards free of cost till December 31

By Komal Patel

BSNL is presently offering the free BSNL 4G SIM service in Kerala circle, however, it is expected to extend the scheme to other circles as well. Telecommunication service company BSNL

Digital Transformation

October 7, 2021

Energy crisis in India as most of the coal plants on alert for outages-thumnail

Energy crisis in India as most of the coal plants on alert for outages

By Komal Patel

The coal power stations had nearly an average of four days’ worth of coal stocked at the end of September 2021. India is on the verge of an energy crisis

News

October 7, 2021

Fintech startup Valocity India names Sovan Mandal as Chief Executive Officer-thumnail

Fintech startup Valocity India names Sovan Mandal as Chief Executive Officer

By Komal Patel

Carmen Vicelich, founder and CEO of Valocity shared that the company was delighted to welcome Mandal’s caliber who has years of expertise in the category and will participate in building

Startup

October 6, 2021

Licious becomes first Indian D2C startup unicorn with USD 52 million fundraise-thumnail

Licious becomes first Indian D2C startup unicorn with USD 52 million fundraise

By Komal Patel

The funding round witnessed the participation of Avendus Future Leaders Fund who presented itself as a financial advisor to assist the farm-to-fork startup in carrying out the transaction. Licious, Bengaluru-based

Startup

October 6, 2021

Ola acquires geospatial startup GeoSpoc to develop next generation location technology-thumnail

Ola acquires geospatial startup GeoSpoc to develop next generation location technology

By Komal Patel

Bhavish Aggarwal, Ola Chairman and CEO disclosed through a post on twitter that “New Mobility” will demand for advanced maps and geospatial services. Bengaluru-based ridesharing company, Ola on Tuesday announced

Automotive

October 5, 2021

Skill India organized National Apprenticeship Mela to skill one lakh apprentices-thumnail

Skill India organized National Apprenticeship Mela to skill one lakh apprentices

By Komal Patel

Reportedly, the National Apprenticeship Mela by Skill India stood witness to more than 2,000 entities involved in various market segments including Retail, Telecom, Power, Electronics, Automotive, and so on, which

Enterprise Service

October 5, 2021

Mark Zuckerberg loses USD 7 billion after the WhatsApp, Facebook and Instagram global outage-thumnail

Mark Zuckerberg loses USD 7 billion after the WhatsApp, Facebook and Instagram global outage

By Komal Patel

The total considerable loss Zuckerberg suffered since September 13 amounts to USD 19 billion when his net worth stood at USD 140 billion as reported by Bloomberg. Mark Zuckerberg founder

Technology

October 5, 2021

Tata Motors discloses SUV Punch; launch date, features, all you need to know-thumnail

Tata Motors discloses SUV Punch; launch date, features, all you need to know

By Komal Patel

Tata Motors discloses SUV Punch; launch date, features, all you need to know On October 4, 2021, Tata Motors, a global automotive company steps in the spotlight with its all-new

Automotive

October 5, 2021

Starlink to focus on 10 rural Lok Sabha constituencies for broadband connectivity-thumnail

Starlink to focus on 10 rural Lok Sabha constituencies for broadband connectivity

By Komal Patel

The SpaceX-manufactured broadband division is anticipated to launch its broadband service in the country from December next year, with over two lakh active terminals yet to get prior approval from

Startup

October 4, 2021

WeWork launched Growth Campus; to invest $3 million in Indian startups-thumnail

WeWork launched Growth Campus; to invest $3 million in Indian startups

By Komal Patel

WeWork India was anticipated to turn profitable post the Rs. 200 crore raise in April 2021. However, in May this year, the main company declared another bulk loss of over

Startup

October 4, 2021

Wellness Forever Medicare files drafts for IPO to raise up to Rs. 1,600 crore-thumnail

Wellness Forever Medicare files drafts for IPO to raise up to Rs. 1,600 crore

By Komal Patel

As per the reports and filings, about Rs. 70.20 crore of proceeds from the public issue will be utilized for covering capital expenses in constructing new outlets joining the chain

Startup

October 4, 2021

Oyo files drafts for USD 1.2 billion IPO after getting SEBI green signal-thumnail

Oyo files drafts for USD 1.2 billion IPO after getting SEBI green signal

By Komal Patel

Oyo is eyeing to raise bulk USD 950 million (Rs. 7000 crore) by issuing new shares while the remaining is expected to be raised via offer for sale. Oyo Hotels

Startup

October 1, 2021

Tata Sons gets green signal as the winning bidder for Air India-thumnail

Tata Sons gets green signal as the winning bidder for Air India

By Komal Patel

The Centre is expected to divest 100 percent stake in the national carrier, Air India Express as well as half of its total stake in the handling corporation, AISATS (Air

Enterprise Service

October 1, 2021

Zydus Cadila Vaccine to be introduced in the national vaccination programme very shortly, says Rajesh Bhushan-thumnail

Zydus Cadila Vaccine to be introduced in the national vaccination programme very shortly, says Rajesh Bhushan

By Komal Patel

The government is reportedly observed to be working with Zydus Cadila to discuss and fix the price of the upcoming vaccine. Also, it is brought into notice that the vaccine

COVID 19

October 1, 2021

US Trade Officials delay in making decision on new solar tariffs-thumnail

US Trade Officials delay in making decision on new solar tariffs

By Komal Patel

There were over five top solar projects sketched out to give a kick start in 2021 which include Pecan Prairie Solar Project, Golden Triangle Solar Energy Centre, Sunflower Solar PV

Enterprise Service

September 30, 2021

What is Seed Funding for startup companies and how does it work? All you need to know-thumnail

What is Seed Funding for startup companies and how does it work? All you need to know

By Komal Patel

The most recent and significant contribution in the startup sector for raising seed money was recognized when earlier this year, in April 2021, Government launched the Startup India Seed Fund

Finance

September 30, 2021

Here is how to send money via Google Pay, PhonePe, Paytm, and UPI transactions without internet-thumnail

Here is how to send money via Google Pay, PhonePe, Paytm, and UPI transactions without internet

By Komal Patel

UPI (Unified Payments Interface) has made digital transactions effortless with its instant payment system developed by the NPCI (National Payments Corporation of India), regulated by RBI. The digital evolution over

Startup

September 29, 2021

Newcomer Sheriff beats Real Madrid in Champions League; Madrid first defeat of the season-thumnail

Newcomer Sheriff beats Real Madrid in Champions League; Madrid first defeat of the season

By Komal Patel

Real Madrid had 30 shots on goal and around 11 on target winning 13 corners whereas the Sheriff was left with only 4 attempts. The Moldovan team managed to score

Sports

September 29, 2021

DAE announced the latest two appointments to the Board of Directors-thumnail

DAE announced the latest two appointments to the Board of Directors

By Komal Patel

The aviation company has more than 100 customers from around the globe as its centers are expanded in different territorial regions including Dubai, New York, Singapore, Seattle, Dublin, Amman and

Enterprise Service

September 29, 2021

Aditya Birla Sunlife AMC to open IPO on September 29, 2021; know the latest grey market premium-thumnail

Aditya Birla Sunlife AMC to open IPO on September 29, 2021; know the latest grey market premium

By Komal Patel

Aditya Birla Sunlife AMC public issue will be completely an offer for sale comprising 28.51 lakh equity shares put forward by Aditya Birla Capital and around bulk 3.6 crore of

Finance

September 28, 2021

How Freshworks IPO made 500 of its employee’s crorepatis in India; Success story of Freshworks-thumnail

How Freshworks IPO made 500 of its employee’s crorepatis in India; Success story of Freshworks

By Komal Patel

The public offering led to the company’s market valuation at a bulk $12.2 billion by unwrapping the opening at 21 per cent higher than the IPO price which was listed

Finance

September 28, 2021

Canva Cofounder Melanie Perkins is now the richest female billionaire under 40-thumnail

Canva Cofounder Melanie Perkins is now the richest female billionaire under 40

By Komal Patel

The latest round of funding which happened earlier this month was a game-changer for the startup as it led to its fueled valuation of $40 billion. The 34- year old

Technology

September 28, 2021

Google heading to court to appeal European Union 2018 Android antitrust case-thumnail

Google heading to court to appeal European Union 2018 Android antitrust case

By Komal Patel

Apart from the $5 billion penalty, Google is also imposed with two other fines which collectively amount to $8 billion which the executive commission has charged the company with during

Technology

September 27, 2021

GuruQ brings forth the most convenient and advanced tutoring services for students; here is all you need to know-thumnail

GuruQ brings forth the most convenient and advanced tutoring services for students; here is all you need to know

By Komal Patel

Founded in 2017, GuruQ is an accumulator of well-established and qualified tutors based on the students’ educational needs including school education, competitive exams and language courses. India stands as one

Education

September 27, 2021

Mike Schroepfer to quit Facebook as its Chief Technology Officer-thumnail

Mike Schroepfer to quit Facebook as its Chief Technology Officer

By Komal Patel

The position of the Tech Head will be replaced by Andrew Bosworth who is the creator of the AR/VR organization of Facebook, named as ‘Facebook Reality Labs’ in 2020. On

Technology

September 27, 2021

Shares of Sansera Engineering listed at Rs. 811-a 9 percent premium to the issue price, here’s all you need to know-thumnail

Shares of Sansera Engineering listed at Rs. 811-a 9 percent premium to the issue price, here’s all you need to know

By Komal Patel

The Eligible institutional buyers purchased 26.47 times more than the chalked out slot sectioned for them along with the non-institutional investors who subscribed over 11.37 times. The engineering-based components manufacturer,

Finance

September 24, 2021

Stocks to eye on: Infosys, Zee Entertainment, IDFC, Adani Ports, Airtel-thumnail

Stocks to eye on: Infosys, Zee Entertainment, IDFC, Adani Ports, Airtel

By Komal Patel

Adani Port has finally got its hold on 10.4 % stake of Andhra Pradesh’s Government in GPL (Gangavaram Port Limited) at a valuation of Rs. 645 crore. Flagging the Dalal

Finance

September 24, 2021

Walmart & Flipkart sign MoU with Tamil Nadu Government to help MSMEs-thumnail

Walmart & Flipkart sign MoU with Tamil Nadu Government to help MSMEs

By Komal Patel

The Walmar Vriddhi Supplier Development programme launched by Swasti aims to grant opportunities to MSMEs, inviting them to tie up with export channels both via offline and online mode. Comprehending

Enterprise Service

September 24, 2021

NutriBears Gummies steps forward for distributing immune boost to underprivileged children-thumnail

NutriBears Gummies steps forward for distributing immune boost to underprivileged children

By Komal Patel

Partnering with We Help Foundation, the nutritional gummies company had organized the arrangement offering Immuno Boost to over 500 children in Mumbai, India. Taking part in the social contribution, the

Healthcare

September 24, 2021

Some users continue to face glitches with Infosys Income Tax Portal-thumnail

Some users continue to face glitches with Infosys Income Tax Portal

By Komal Patel

The IT Company stated, “Infosys remains committed to making rapid progress and has currently dedicated more than 750 resources to this project to complete significant portions of work…” Information Technology

Technology

September 23, 2021

US-based Blink acquired by IT service giant Mphasis in an agreement worth $94 million-thumnail

US-based Blink acquired by IT service giant Mphasis in an agreement worth $94 million

By Komal Patel

The agreement on acquisition was sealed on September 21, 2020, which stated the tying up of both the companies with the financial consideration of Rs. 693.4 crore ($94 million) Augmenting

Finance

September 23, 2021

Salesforce made a“strategic investment” in the fintech startup, Razorpay-thumnail

Salesforce made a“strategic investment” in the fintech startup, Razorpay

By Komal Patel

The startup disclosed that the contribution from the Venture establishment will help the company augment the financial growth in the small business space in the next twelve months. Bangalore-based fintech

Startup

September 23, 2021

Adani supersedes Mukesh Ambani by investing $20 billion in renewable energy-thumnail

Adani supersedes Mukesh Ambani by investing $20 billion in renewable energy

By Komal Patel

Weeks before this declaration of the conglomerate company, Ambani announced the investment of $10 billion in hydrogen fuel and clean power generation. Ahmedabad-based multinational conglomerate, Adani Group announced the investment

Manufacturing

September 22, 2021

Zee Entertainment strikes off a deal of merger with Sony Pictures India-thumnail

Zee Entertainment strikes off a deal of merger with Sony Pictures India

By Komal Patel

Punit Goenka will continue its position in the merged company as its CEO and Managing Director. Company’s stock surges by 25%, Rakesh Jhunjhunwala to acquire profit of Rs. 50 crore.

Entertainment

September 22, 2021

Ducati starts off pre-booking for the Monster and Monster Plus in India-thumnail

Ducati starts off pre-booking for the Monster and Monster Plus in India

By Komal Patel

The company is allowing its potential customers to make a beforehand-booking for a minimum amount of Rs. 1 lakh before it goes out of stock. Ducati, an Italian motorcycle manufacturing

Automotive

September 22, 2021

China’s Evergrande crisis: Cumulative loss of $135 billion struck world’s richest 500 people-thumnail

China’s Evergrande crisis: Cumulative loss of $135 billion struck world’s richest 500 people

By Komal Patel

Despite the raging fear among the global investors, the debt- clad company’s Chairman said in a letter to staff that the company is confident it will “walk out of its

Finance

September 22, 2021

Byju’s continues to ramp up its market expansion; acquires US-based Tynker-thumnail

Byju’s continues to ramp up its market expansion; acquires US-based Tynker

By Komal Patel

Byju Raveendran, co-founder and CEO of Byju’s, says joining forces with Tynker will help unlock the ability to bring imagination to hundreds of millions of students through coding. Banglore-based edtech

Education

September 22, 2021

Paras Defence and Space Technologies opens its IPO subscription from September 21-thumnail

Paras Defence and Space Technologies opens its IPO subscription from September 21

By Komal Patel

The company has positioned Anand Rathi Advisors to look over the issue and the registrar of the same is Link Intime India. Paras Defence and Space Technologies IPO worth Rs.

Finance

September 22, 2021

Ola Electric successfully sells S1 e-scooter worth Rs. 600 crore in a day-thumnail

Ola Electric successfully sells S1 e-scooter worth Rs. 600 crore in a day

By Komal Patel

Bhavish Aggarwal, CEO and Co-chairman of Ola Electric tweeted, “We sold 4 scooters/sec at peak & sold scooters worth Rs. 600 crore in a day.” Ola Electric, which claims itself

Startup

September 22, 2021

Apna finally crowned as ‘unicorn’ after $100 million funds raised by tiger Global-thumnail

Apna finally crowned as ‘unicorn’ after $100 million funds raised by tiger Global

By Komal Patel

To give best solutions on job and skill development, Apna has tied up with entities including UNICEF, Yuwaah, National Skill Development Corporation, Akzonobel, and Ministry of Minorities Affairs of India.

Startup

September 22, 2021

Eureka Forbes sold to Advent International in a deal worth Rs. 4,400 crore-thumnail

Eureka Forbes sold to Advent International in a deal worth Rs. 4,400 crore

By Komal Patel

The deal allows the American PE firm to hold a stake of 72.56% in the Mumbai-based consumer goods business, EFL. On September 19, 2021, Eureka Forbes, a fully-owned subsidiary of

Finance

September 21, 2021

Introducing ‘front of package label’ to regulate junk foods: FSSAI-thumnail

Introducing ‘front of package label’ to regulate junk foods: FSSAI

By Komal Patel

Arun Singhal, CEO of FSSAI shared that IIM Ahmedabad will be conducting a survey on the nature of FoP labels. Considering the rising consumption of junk food which is causing

Healthcare

September 21, 2021

Wow! Momo raises $15 million in Series C funding round from Tree Line Investment-thumnail

Wow! Momo raises $15 million in Series C funding round from Tree Line Investment

By Komal Patel

The raised funds will be utilized in escalating and expanding the company’s latest launch of FMCG business as well as its QSR and cloud kitchen brands. The Kolkata-based fast food

Startup

September 21, 2021

6th BRICS Young Scientist Forum; India brings attention to healthcare, innovation, energy and digital revolution-thumnail

6th BRICS Young Scientist Forum; India brings attention to healthcare, innovation, energy and digital revolution

By Komal Patel

To elevate synergetic research in various required areas, Scientific Ministries of BRICS collaborates where departments agree to invest $10 million. Together with the National Institute of Advanced Studies, Bengaluru(NIAS), the

Healthcare

September 17, 2021

Say ‘No’ to language barrier with Avodha: ‘Vernacular Skilling Platform’-thumnail

Say ‘No’ to language barrier with Avodha: ‘Vernacular Skilling Platform’

By Komal Patel

Indian skilling platform, Avodha lets its users learn different courses in vernacular languages Taking a different trail in the way of providing services, Avodha, one of the largest skilling platforms,

Education

September 16, 2021

Apple to launch its iPhone 13 series in India starting at Rs. 69,900-thumnail

Apple to launch its iPhone 13 series in India starting at Rs. 69,900

By Komal Patel

The company shared that iPhone 13 Pro and iPhone 13 Pro Max will be available for pre-ordering from Septem24, 2021. From September 24, 2021, iPhone 13 series will be launched

Technology

September 16, 2021

Zomato co-founder and supply head, Vaibhav Gupta resigns, taking an “alternate path”-thumnail

Zomato co-founder and supply head, Vaibhav Gupta resigns, taking an “alternate path”

By Komal Patel

Gupta tied up with the company’s team in 2015 as its Business Head who was later named as company’s CEO( Chief Executive Officer ) in 2018 and as a co-founder

Startup

September 16, 2021

Tata Consumer Products ties up with IIMR to bolster millet-based product portfolio-thumnail

Tata Consumer Products ties up with IIMR to bolster millet-based product portfolio

By Komal Patel

TCP and IIMR will most likely be signing a MoU which will help combine the “R&D expertise” of the two entities. Tata Consumer Products Limited, a FMCG establishment, is tying

Healthcare

September 16, 2021

Here’s how Instagram’s upcoming feature ‘Favorites’ will help you organize your feed-thumnail

Here’s how Instagram’s upcoming feature ‘Favorites’ will help you organize your feed

By Komal Patel

The forthcoming feature will doubtlessly help the users to categorize their posts in the feed through which users will be landing on posts which they find relevant. Here’s how Instagram’s

Entertainment

September 16, 2021

WhatsApp to be working on a feature to transcribe voice notes-thumnail

WhatsApp to be working on a feature to transcribe voice notes

By Komal Patel

Users will be able to read what has been addressed in a voice message without the need of actually listening to it. WhatsApp, an instant messaging app under Facebook’s ownership,

Technology

September 15, 2021

Infosys and Microsoft enforce a multi-year pact with Ausgrid-thumnail

Infosys and Microsoft enforce a multi-year pact with Ausgrid

By Komal Patel

The deal will incite Ausgrid’s vision to connect communities and empower lives, piloting the focus on affordability, reliability, and sustainability. Infosys, a global IT company and Microsoft have participated in

Technology

September 14, 2021

Ola Electric FutureFactory will be all-women global plant, employs 10,000 women-thumnail

Ola Electric FutureFactory will be all-women global plant, employs 10,000 women

By Komal Patel

Ola Electric FutureFactory will be all-women global plant, employs 10,000 women On September 13, 2021, Ola’s co-founder Bhavish Aggarwal disclosed that Ola’s electric scooter factory will be run completely by

Automotive

September 13, 2021

Say ‘No’ to a language barrier with Avodha: ‘Vernacular Skilling Platform’-thumnail

Say ‘No’ to a language barrier with Avodha: ‘Vernacular Skilling Platform’

By Komal Patel

Indian skilling platform, Avodha lets its users learn different courses in vernacular languages Taking a different trail in the way of providing services, Avodha, one of the largest skilling platforms,

Startup

September 13, 2021

Curtails the credit limit on cards to Rs. 2,000, setting foot in UPI by FY 2021-end: Slice-thumnail

Curtails the credit limit on cards to Rs. 2,000, setting foot in UPI by FY 2021-end: Slice

By Komal Patel

A fintech startup, Slice, has cut down its credit limit to a more affordable cost of Rs.2,000 on Visa cards to reach a more eligible customer-base.   With the view of

Startup

September 13, 2021

Curtails the credit limit on cards to Rs. 2,000, setting foot in UPI by FY 2021-end: Slice-thumnail

Curtails the credit limit on cards to Rs. 2,000, setting foot in UPI by FY 2021-end: Slice

By Komal Patel

A fintech startup, Slice, has cut down its credit limit to a more affordable cost of Rs.2,000 on Visa cards to reach a more eligible customer-base.   With the view of

Finance

September 13, 2021

$2 billion loss moves Ford to cease its vehicles manufacturing unit in India, 4000 staff will be affected-thumnail

$2 billion loss moves Ford to cease its vehicles manufacturing unit in India, 4000 staff will be affected

By Komal Patel

Ford India Pvt Ltd. will cease its production of vehicles as a consequence of scaled up losses. Ford India Private Limited will be shutting its manufacturing factory in India as

Automotive

September 13, 2021

Zomato to sew up its pilot grocery service on September 17, says investment in Grofers will generate “better outcomes”-thumnail

Zomato to sew up its pilot grocery service on September 17, says investment in Grofers will generate “better outcomes”

By Komal Patel

Chief Financial Officer of Zomato, Akshant Goyal, unveiled that the company has $100 million of investment in Grofers. Company believes its stake in Grofers will bring better results. Zomato, an

Startup

September 13, 2021

Ducati’s SuperSport 950 finally in India, price starting at Rs. 13.49 lakh-thumnail

Ducati’s SuperSport 950 finally in India, price starting at Rs. 13.49 lakh

By Komal Patel

The Italian company Ducati has finally brought out its superbike in two variants starting at Rs. 13.49 lakh Ducati, an Italian bike-making company, reported on September 9, 2021, that it

Automotive

September 10, 2021

Arvind Kejriwal to inaugurate newly reconstructed Chandni Chowk market this Sunday-thumnail

Arvind Kejriwal to inaugurate newly reconstructed Chandni Chowk market this Sunday

By Komal Patel

On September 12, Delhi Chief Minister, Arvind Kejriwal is expected to launch the remodeled Chandni Chowk market. The postponed project, which was planned to be launched on April 17, is

Top Stories

September 10, 2021

Launched ‘Business Blasters’ programme in all its schools: Delhi Government-thumnail

Launched ‘Business Blasters’ programme in all its schools: Delhi Government

By Komal Patel

As an initiative to empower students and generate entrepreneurship skills, Delhi Government sets up a Business Blasters programme. On September 7, 2021, Delhi’s Deputy Chief Minister, Manish Sisodia launched ‘Business

Education

September 10, 2021

A 100-day plan for Civil Aviation Sector, Government says to focus on 16 areas-thumnail

A 100-day plan for Civil Aviation Sector, Government says to focus on 16 areas

By Komal Patel

Country’s Union Minister, Jyotiradtiya Scindia, announced on Thursday, a 100-day plan for Civil Aviation Sector, planned after “combined consultations” Jyotiradtiya Scindia, Union Minister, declared on Thursday, a 100-day plan sketched

Automotive

September 9, 2021

Twitter tests its new feature: Remove followers without blocking them-thumnail

Twitter tests its new feature: Remove followers without blocking them

By Komal Patel

Twitter’s upcoming feature was put on test which will let you remove followers without actually blocking them Twitter, a social networking service, is testing its latest feature on the web

Technology

September 9, 2021

Establishing development centre in Gurgaon: Swiggy-thumnail

Establishing development centre in Gurgaon: Swiggy

By Komal Patel

With the stirring growth in the past few months, Swiggy, an online food ordering and delivery platform is placing its development centre in Gurgaon, where the platform’s competitor, Zomato is

Top Stories

September 9, 2021

Armed forces to admit women in National Defense Academy-thumnail

Armed forces to admit women in National Defense Academy

By Komal Patel

The central government notified the Supreme Court that the armed forces will take women into the National Defence Academy of India. Taking this piece of information to the bench, headed

News

September 8, 2021

Byju’s acquires Gradeup, an online exam preparation platform-thumnail

Byju’s acquires Gradeup, an online exam preparation platform

By Komal Patel

Bangalore-based unicorn edtech startup, Byju’s, acquires Gradeup, an Indian online platform for exam preparations. However, the value of the acquisition is yet to be disclosed. After the merger, Gradeup is

Startup

September 8, 2021

Ola Electric joins the banks and financial institutions for disbursing loans to its customers-thumnail

Ola Electric joins the banks and financial institutions for disbursing loans to its customers

By Komal Patel

Being in the spotlight for launching S1 and S1 pro electric scooters, Ola Electricals now collaborates with the banks and financial institutions for raising loans to its customers, taking up

Finance

September 8, 2021

Cuemath offers free math courses to its users in India-thumnail

Cuemath offers free math courses to its users in India

By Komal Patel

With the evolution of the digital space in India, different education technology platforms are emerging including Cuemath, an online learning platform, offering free math courses in India for a year.

Education

September 8, 2021

Dukaan raised funds of $11 million, OYO’s Ritesh Agarwal seen in participation-thumnail

Dukaan raised funds of $11 million, OYO’s Ritesh Agarwal seen in participation

By Komal Patel

Dukaan, a digital platform of e-commerce, has recently raised $11 million under its Pre Series A round of funding, operated by 640 Oxford Ventures. This round of funding witnessed active

Retail

September 7, 2021

Why SEBI Banned over 85 entities from the capital market?-thumnail

Why SEBI Banned over 85 entities from the capital market?

By Komal Patel

On Monday, September 6, the SEBI(Securities and Exchange Board of India) banned 85 entities for over a year for fraudulent practices in capital market. Sunrise Asian Ltd and the other

Finance

September 7, 2021

Here’s how Urja, BPCL’s Chatbot, will upgrade user’s digital experience-thumnail

Here’s how Urja, BPCL’s Chatbot, will upgrade user’s digital experience

By Komal Patel

BPCL(Bharat Petroleum Corporation Limited) launched a chatbot, Urja, on September 4, 2021, as a step to provide its customers with a faultless digital experience. Urja is a digital assistant efficient

Automation

September 7, 2021

Soon to be launched in Delhi NCR: Endurance Institute of Mass Communication-thumnail

Soon to be launched in Delhi NCR: Endurance Institute of Mass Communication

By Komal Patel

Endurance Institute of Mass Communication is expected to be established soon in Delhi NCR. The institute comes under BCG’s environment with superior knowledge along with 2 years of experience in

Education

September 7, 2021

Launching a Multi-cap Fund, NFO opening from September 8: Kotak Mutual Fund-thumnail

Launching a Multi-cap Fund, NFO opening from September 8: Kotak Mutual Fund

By Komal Patel

Kotak Mutual Fund, a wholly-owned subsidiary of Kotak Mahindra Bank Limited, has most recently announced its launch of a Multi-cap Fund. The NFO(New Fund Offer) is most expected to be

Finance

September 6, 2021

Infosys Springboard: A digital skilling programme-thumnail

Infosys Springboard: A digital skilling programme

By Komal Patel

Infosys, a fruitful multinational IT( Information Technology ) company, along with Infosys Windspan, stirs the market with its launch of Infosys Springboard, a digital skilling programme. Together with the globally

telecom

September 6, 2021

Announces ESOPs buyback valuing $10.5 million: Unacademy-thumnail

Announces ESOPs buyback valuing $10.5 million: Unacademy

By Komal Patel

Unacademy, a Bengaluru-based education technology establishment, announced its third and largest ESOP(Employ Stock Ownership Plan) on September 4, 2021, valuing over $10.5 million for its employees including teachers, team members,

Education

September 6, 2021

Disbursing Gold Loans to customers at doorstep: Ruptok-thumnail

Disbursing Gold Loans to customers at doorstep: Ruptok

By Komal Patel

A Fintech startup company, Ruptok takes a creative step of anchoring technological services which will help customers acquiring gold loans right at their homes. This pain-relief idea originated when one

Finance

September 4, 2021

Why is Tata Digital slowing down the launch of SuperApp?-thumnail

Why is Tata Digital slowing down the launch of SuperApp?

By Komal Patel

Tata Digital, a 100% subsidiary of Tata Sons, slows down the launch of SuperApp, seeking more transparency in Consumer Protection Rules. The company might end up establishing an independent company

telecom

September 4, 2021

Investing $ 1.2 billion in Green Projects and Renewable Energy: India, UK’s Agreement-thumnail

Investing $ 1.2 billion in Green Projects and Renewable Energy: India, UK’s Agreement

By Komal Patel

India and UK signed a $ 1.2 billion agreement on September 2, 2021, regarding the investments in green projects and renewable energy calling attention to India’s uncompromising green growth. The

News

September 4, 2021

MapmyIndia: A home-grown Mapping Company-thumnail

MapmyIndia: A home-grown Mapping Company

By Komal Patel

What is MapmyIndia? In the spotlights as the Indian company, MapmyIndia serves map-based products and services to its consumers. Topping that, it highlights its services including map Application Programming Interface

Automation

September 3, 2021

Zerodha Offers 10 lakh lottery and a month salary as a bonus to workers who stay fit-thumnail

Zerodha Offers 10 lakh lottery and a month salary as a bonus to workers who stay fit

By Komal Patel

Offers 10 lakh lottery and a month salary as a bonus to workers who stay fit: Zerodha Accentuating the importance of staying healthy and fit both mentally and physically, Zerodha

Finance

September 3, 2021

Virtual Healthcare in challenging pandemic-thumnail

Virtual Healthcare in challenging pandemic

By Komal Patel

The very challenging pandemic has foregrounded the active role of digital health centers especially, online or virtual clinics and pharmacies. Being one of the most crucial sectors, the government stepped

Digital Transformation

September 3, 2021

Ola Electric Scooter: An Absolute Revolution-thumnail

Ola Electric Scooter: An Absolute Revolution

By Komal Patel

Ola is one the most successful startups in India emerging as a boom in the Indian market. Recently launched Ola Electric Scooter is one of the trendiest topics in the

Automotive

September 3, 2021

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