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Swiggy pilot testing Co-branded credit card with HDFC Bank & Mastercard-thumnail

Swiggy pilot testing Co-branded credit card with HDFC Bank & Mastercard

Swiggy, a popular food delive­ry platform, is reportedly partnering with HDFC Bank to launch its own co-brande­d credit card. This move follows the footste­ps of other major Indian e-commerce­ players.

Business

Jul 5, 2023

Freakins, D2C denim fashion brand raises $4mn in seed funding round-thumnail

Freakins, D2C denim fashion brand raises $4mn in seed funding round

Indian direct-to-consume­r denim brand Freakins has rece­ntly secured $4 million in see­d funding. The investment is le­d by Matrix Partners India and Blume Venture­s. These funds will be utilize­d to

Investment & Funding

Jul 5, 2023

PharmaEasy plans Rs 2,400 crore rights offering at a 90% share price cut-thumnail

PharmaEasy plans Rs 2,400 crore rights offering at a 90% share price cut

PharmEasy, a prominent online pharmacy, has informed its board and investors that it intends to raise approximately Rs 2,400 crore through a rights offering at a 90% lower stock price

E-Commerce

Jul 5, 2023

Carl Zeiss India planning to invest 250 million euros for its new Vision lens factory in Bengaluru-thumnail

Carl Zeiss India planning to invest 250 million euros for its new Vision lens factory in Bengaluru

Carl Zeiss India has announce­d plans to invest more than 250 million euros in the­ creation of its largest vision factory in Bengaluru. This state­-of-the-art facility is expecte­d to be finished by October 2024 and will bring re­markable advancements in le­ns production, with a potential sixfold increase. Its daily output alone­ will reach an impressive 260,000 le­nses.

Automotive

Jul 5, 2023

HDFC Bank Q1 update: Advances become 16% YoY, stores rise 19%-thumnail

HDFC Bank Q1 update: Advances become 16% YoY, stores rise 19%

Confidential area loan specialist HDFC Bank on Wednesday posted its June quarter update for both independent business and the combined element. The bank’s independent business saw a development of almost 16% in progress while consolidated substance’s — HDFC Bank + HDFC — propels have risen by in excess of 13% year-on-year.

Business

Jul 5, 2023

Japanese Firms Offer Largest Pay Hikes in Three Decades, Boosting Consumer Demand-thumnail

Japanese Firms Offer Largest Pay Hikes in Three Decades, Boosting Consumer Demand

Japanese firms have offered the most significant pay increases in thirty years during this year’s negotiations with workers, according to the country’s largest trade union group, Rengo.

Business

Jul 5, 2023

CA Final and Intermediate results are most likely available today on icai.nic.in; here’s how to check-thumnail

CA Final and Intermediate results are most likely available today on icai.nic.in; here’s how to check

Chartered Accountants or Final and Intermediate exam results are anticipated to be released by the ICAI on July 5th, 2023. On icai.org, students can view the results.

Education

Jul 5, 2023

Premji Invest and other investors help the jewellery company Giva raise Rs 200 crore-thumnail

Premji Invest and other investors help the jewellery company Giva raise Rs 200 crore

Premji Invest led the Series B investment round in which Giva Jewellery raised Rs 200 crore, the company disclosed on Wednesday. Premji Invest led the Series B investment round in

Finance

Jul 5, 2023

MoS Rajeev Chandrasekhar claims that India won’t be impacted by China’s export restrictions on gallium and germanium-thumnail

MoS Rajeev Chandrasekhar claims that India won’t be impacted by China’s export restrictions on gallium and germanium

Gallium and germanium exports from China are being restricted; according to Minister Rajeev Chandrasekhar, a new India is engaging with the international community to create supply chains that are more resilient.

Business

Jul 5, 2023

Micron Technology to start building a $2.75 bn semiconductor facility by August; production by 2024 end-thumnail

Micron Technology to start building a $2.75 bn semiconductor facility by August; production by 2024 end

Next month. Micron Technology will begin the construction of a semiconductor assembly plant in Gujarat, India. This $2.75 billion project aims to produce microchips that are made in India by late 2024. Supported by the Indian government and the state of Gujarat. This endeavor is expected to generate up to 5,000 direct jobs in two phases. It is noteworthy that this action aligns with the US government’s initiative to encourage American chip companies to invest in India and expand their operations beyond China.

Business

Jul 5, 2023

Vishal Salvi, the CISO of Infosys, departs to become the CEO of Quickheal-thumnail

Vishal Salvi, the CISO of Infosys, departs to become the CEO of Quickheal

Kailash Katkar, the founder and outgoing CEO of the cyber security company, will become chairman and managing director after Vishal Salvi assumes leadership.

Business

Jul 5, 2023

Mackenzie Value Boss Says Now is the right time to Purchase Bonds After Tech-Powered Rally-thumnail

Mackenzie Value Boss Says Now is the right time to Purchase Bonds After Tech-Powered Rally

Mackenzie Speculations, one of Canada’s biggest asset chiefs, is turning less hopeful about stocks and sees better worth in bonds after the 13% assembly for worldwide values in the main

News

Jul 4, 2023


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