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Lenskart will get a $100 million investment from ChrysCapital-thumnail

Lenskart will get a $100 million investment from ChrysCapital

ChrysCapital has invested $100 million in Lenskart, the two companies said Thursday, bringing the Asian eyeglasses startup’s total funding raised in the last year to $850 million as it extends its portfolio and worldwide reach.

Investment & Funding

Jun 15, 2023

KKR’s subsidiary planning to acquire road infrastructure from PNC infratech in a $1.1 billion deal-thumnail

KKR’s subsidiary planning to acquire road infrastructure from PNC infratech in a $1.1 billion deal

According to two insiders, if the transaction is completed, it will become the largest procurement of road projects by the private equity (PE) firm, headquartered in the United States, in

Finance

Jun 15, 2023

Sonam Kapoor signs talent representation agreement with film studio YRF-thumnail

Sonam Kapoor signs talent representation agreement with film studio YRF

Sonam’s return will commence with two top-tier projects that are currently shrouded in secrecy. YRF Talent has stated that they will collaborate with Sonam to devise a disruptive brand identity

Entertainment

Jun 15, 2023

“US Federal Reserve Holds Rates Steady, Hints at Potential Future Increases to Tackle Inflation”-thumnail

“US Federal Reserve Holds Rates Steady, Hints at Potential Future Increases to Tackle Inflation”

The US Federal Reserve clings to crucial interest rates but implies future rate booms to curb towering inflation. F

Finance

Jun 15, 2023

“Amazon Prime Lite: Affordable Membership with Two-Day Delivery and Prime Video Access”-thumnail

“Amazon Prime Lite: Affordable Membership with Two-Day Delivery and Prime Video Access”

The Amazon Prime Lite service expedites delivery in two days, offering a morning delivery option for those willing to cough up extra cash. Members can bask in the glory of

Entertainment

Jun 15, 2023

Centre Lowers Import Duties on Refined Soybean and Sunflower Oil to Tackle Food Inflation-thumnail

Centre Lowers Import Duties on Refined Soybean and Sunflower Oil to Tackle Food Inflation

In a surprising move, the Indian government has decided to lower the import duties on refined soybean oil and refined sunflower oil. This decision comes as a stark contrast to the market’s expectations, as many anticipated a duty hike. The objective behind this action is to curb food inflation, especially considering the recent decline in both domestic and international edible oil prices.

Finance

Jun 15, 2023

Google Maps now includes three new features: glanceable directions, Immersive View, and more-thumnail

Google Maps now includes three new features: glanceable directions, Immersive View, and more

Google Maps is getting a new feature dubbed “glanceable directions” from Google. Users may quickly follow their travel progress immediately from the lock screen or route overview using this functionality.

News

Jun 15, 2023

“Axis Bank’s Block Deals Shake Market: 0.6% Stake Worth Rs 2,178 Crore Exchanged Amidst Strong Financial Growth”-thumnail

“Axis Bank’s Block Deals Shake Market: 0.6% Stake Worth Rs 2,178 Crore Exchanged Amidst Strong Financial Growth”

The Axis Bank underwent a series of block deals, transacting a 0.6 percent stake that unleashed the exchange of 2.25 crore shares, valued at a staggering Rs 2,178 crore.

Finance

Jun 15, 2023

India’s Wholesale Prices Continue to Decline, Reflecting Easing Input Costs-thumnail

India’s Wholesale Prices Continue to Decline, Reflecting Easing Input Costs

In the month of May, Indians will witness a consecutive second decline in India’s wholesale prices, primarily attributed to the decrease in commodity prices. According to government data, the wholesale price index (WPI) experienced a significant drop of 3.48%, surpassing economists’ expectations of a 2.35% decrease. This decline follows a 0.92% fall observed in April, indicating a continued alleviation of inflationary pressures. This article delves into the key factors that have contributed to the decline in wholesale prices and analyzes its implications for the Indian economy.

Finance

Jun 14, 2023

Accenture will spend $3 billion on artificial intelligence over three years and will employ 80,000 people-thumnail

Accenture will spend $3 billion on artificial intelligence over three years and will employ 80,000 people

Accenture plans to spend $3 billion on data and artificial intelligence over the next three years. Global professional services provider Accenture has industry-leading expertise in digital, security, and cloud. combining unrivaled expertise and specialized knowledge in the areas of Interactive, Technology, Strategy, and Operations services. 

Business

Jun 14, 2023

Google introduces AI-powered tools to improve ‘Ad Placements’ across its services-thumnail

Google introduces AI-powered tools to improve ‘Ad Placements’ across its services

Google stated on Wednesday that it would launch two revolutionary AI-powered tools to improve ad features. 

Advertising

Jun 14, 2023

‘By FY25, Apple may manufacture 18% of iPhones in India’-thumnail

‘By FY25, Apple may manufacture 18% of iPhones in India’

According to a report, the government’s production-linked incentive scheme for mobile phones may drive Apple may manufacture 18% of its global iPhones in India by FY25, with the possibility of further expansion if the larger scale incentivizes its vendors to also expand in the country.

Business

Jun 14, 2023


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