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Overall sales for Maruti Suzuki India increased by 10% to 1.78 lakh units in May, while PV sales increased by 15%-thumnail

Overall sales for Maruti Suzuki India increased by 10% to 1.78 lakh units in May, while PV sales increased by 15%

Maruti Suzuki India, India’s biggest passenger car manufacturer, announced total vehicle sales of 178,083 units in May 2023, a 10.32% increase over the 161,413 units sold in the same month

Automotive

Jun 1, 2023

House in the US passes debt-limit legislation ahead of 5th June default deadline-thumnail

House in the US passes debt-limit legislation ahead of 5th June default deadline

The bill would eradicate the hurdle of another default crisis for the rest of Joe Biden’s term, suspending the debt ceiling until 1st January 2025. In exchange the democrats agreed

News

Jun 1, 2023

Capillary Technologies receives $45 million in funding from Avataar Ventures and its LPs after postponing its IPO-thumnail

Capillary Technologies receives $45 million in funding from Avataar Ventures and its LPs after postponing its IPO

Avataar Ventures and its limited partners (Pantheon, 57Stars, and Unigestion), Filter Capital, and Innoven Capital also participated in the funding round. Capillary Technologies, a Bengaluru-based SaaS business, has raised $45

Investment & Funding

Jun 1, 2023

Kriti Sanon launches the fitness app ‘The Tribe,’ using her ‘Mimi’ position as inspiration-thumnail

Kriti Sanon launches the fitness app ‘The Tribe,’ using her ‘Mimi’ position as inspiration

A later version of the app will be released, according to the actress. Kriti Sanon, who began her Bollywood career with the film ‘Heropanti,’ celebrated eight years in the industry

Business

Jun 1, 2023

Madhabi Puri Buch, the chairman of the Sebi, is adamant about establishing an ethical council to oversee wrongdoing in the MF industry-thumnail

Madhabi Puri Buch, the chairman of the Sebi, is adamant about establishing an ethical council to oversee wrongdoing in the MF industry

Madhabi Puri Buch stated during the launch of the Association of Mutual Funds in India’s new office in Mumbai’s Bandra-Kurla complex that if the AMFI fails to adopt self-regulation measures,

Finance

May 31, 2023

Scaler, an edtech business based in Delhi, has acquired Pepcoding for an undisclosed sum-thumnail

Scaler, an edtech business based in Delhi, has acquired Pepcoding for an undisclosed sum

The acquisition is expected to drive growth and support a number of business areas, including strategy, product design, B2B enterprise, and operations. Scaler, an edtech startup, announced the purchase of

News

May 31, 2023

In the new incentive regime, ONDC limits discounts to INR 100 per order-thumnail

In the new incentive regime, ONDC limits discounts to INR 100 per order

Despite falling order numbers, the government’s Open Network for Digital Commerce (ONDC) has created a new incentive system for buyer and seller applications that caps discounts at INR 100 per

Business

May 31, 2023

Startups in stock brokerage Groww and Upstox are looking into lending and payments to broaden their revenue stream-thumnail

Startups in stock brokerage Groww and Upstox are looking into lending and payments to broaden their revenue stream

Growing their credit operations are Groww and Upstox, two significant challenger brands in the broking industry, according to sources. The ultimate goal is to keep clients who come to the

Finance

May 31, 2023

In FY23, The Top 4 IT Companies Saw A 40% Decline In New Significant Clients-thumnail

In FY23, The Top 4 IT Companies Saw A 40% Decline In New Significant Clients

During the fiscal year 2023, the top four 4 IT Companies Saw A 40% Decline in the addition of major clients. The difficulties these businesses confront in growing their customer

Business

May 30, 2023

JioCinema sets a new global record with over 3.2 Cr viewers during the IPL final-thumnail

JioCinema sets a new global record with over 3.2 Cr viewers during the IPL final

Chennai Super Kings defeated Gujarat Titans by five wickets (through the DLS method) in the rain-affected rescheduled final of the season at the Narendra Modi Stadium to win a record-equaling

Entertainment

May 30, 2023

Reinforcing Trust in Non-Banking Financial Companies: RBI’s Regulatory Focus in 2023-24-thumnail

Reinforcing Trust in Non-Banking Financial Companies: RBI’s Regulatory Focus in 2023-24

The Reserve Bank of India (RBI) has outlined its plans to strengthen the regulations governing non-banking financial companies (NBFCs) during the fiscal year 2023-24, with a particular emphasis on examining

Automation

May 30, 2023

Wipro Consumer Care Funds D2C Brand LetsShave Bags-thumnail

Wipro Consumer Care Funds D2C Brand LetsShave Bags

LetsShave, a direct-to-consumer grooming firm, has raised an unknown amount of money from its previous backer Wipro Consumer Care. To date, the firm has raised more than $6 million in

Investment & Funding

May 30, 2023


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