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Swiggy CTO Dale Vaz resigns, Madhusudhan Rao to succeed over-thumnail

Swiggy CTO Dale Vaz resigns, Madhusudhan Rao to succeed over

Swiggy CTO Dale Vaz resigns and so the company has appointed Madhusudhan Rao, presently the senior vice president of ConsumerTech and FinTech (Engg and Product), as the new CTO. Swiggy

Business

Apr 3, 2023

Acuite Ratings & Research revises India’s external deficit forecasts-thumnail

Acuite Ratings & Research revises India’s external deficit forecasts

Acuite Ratings & Research, a credit rating agency, has revised its forecast for India’s current account deficit and balance of payments deficit. The agency predicts that India’s current account deficit

Finance

Apr 3, 2023

Mumbai’s DMI Finance raises $400 Mn in the latest round led by Mitsubishi group-thumnail

Mumbai’s DMI Finance raises $400 Mn in the latest round led by Mitsubishi group

Founded in 2008 by Shivashish Chatterjee and Yuvraja C Singh, DMI Finance is a pure-play digital lender with products including consumption, personal, and MSME loans. DMI Finance sources and services

Business

Apr 3, 2023

IPL weekend video views clocked over 147 crores on JioCinema: Viacom18-thumnail

IPL weekend video views clocked over 147 crores on JioCinema: Viacom18

Viacom18-owned The IPL 2023 official streamer, JioCinema, had a record-breaking opening weekend, racking up 147 crore video views over the course of three days. According to the site, this is

IPL

Apr 3, 2023

SpiceJet separates its cargo and logistics businesses-thumnail

SpiceJet separates its cargo and logistics businesses

On Monday, SpiceJet Ltd announced that, as of April 1, it has divided its SpiceXpress cargo and logistics operations into a distinct company called SpiceXpress and Logistics Pvt Ltd. SpiceJet

Business

Apr 3, 2023

Manufacturing activity in India reaches a three-month high, despite job cuts-thumnail

Manufacturing activity in India reaches a three-month high, despite job cuts

According to a private business poll, although employers cut positions for the first time in more than a year, India’s manufacturing sector expanded at its fastest rate in three months

Business

Apr 3, 2023

After price cuts, Tesla posts record quarterly deliveries, up 4% from the previous quarter-thumnail

After price cuts, Tesla posts record quarterly deliveries, up 4% from the previous quarter

Tesla Inc. reported record quarterly vehicle deliveries on Sunday, but despite price reductions brought on by increased competition and a gloomy economic outlook, quarter-over-quarter sales growth was modest. Tesla increased

Business

Apr 3, 2023

Nestle to Tata, big FMCG firms race to acquire the maker of Ching’s Secret-thumnail

Nestle to Tata, big FMCG firms race to acquire the maker of Ching’s Secret

Capital Foods, the maker of Ching’s Secret spicy noodles and fusion chutneys, is up for sale, and several Indian and global companies are vying to acquire it. Nestle to Tata,

Business

Apr 3, 2023

Road travel sets to get costlier! Toll rates go up across India-thumnail

Road travel sets to get costlier! Toll rates go up across India

The National Highway Authority of India (NHAI) has announced a hike in toll taxes, leading to costlier road travel across the country. The hike comes into effect from today (1

News

Apr 1, 2023

Is AI-enabled ChatGPT a blessing or a curse for the ed-tech sector?-thumnail

Is AI-enabled ChatGPT a blessing or a curse for the ed-tech sector?

During the past few months, AI-enabled ChatGPT has been making headlines. It seems like everyone is talking about it: it attracted 1 million users in just five days, marking a

Business

Apr 1, 2023

Jio Cinema makes record-breaking IPL debut with 60 million viewers on opening day-thumnail

Jio Cinema makes record-breaking IPL debut with 60 million viewers on opening day

JioCinema, a streaming platform owned by Reliance Jio, made its Indian Premier League (IPL) debut with a record-breaking viewership on the opening day of IPL 2023. With 4k viewing available

Business

Apr 1, 2023

Aakash hopes to register 3 times growth within BYJU’s fold with Rs 3,000 crore business in FY23-thumnail

Aakash hopes to register 3 times growth within BYJU’s fold with Rs 3,000 crore business in FY23

Education provider Aakash hopes to complete the financial year 2023 with Rs 3,000 crore revenue hence achieving a three-fold increase since its purchase by BYJU’s, the company said on Friday.

Business

Apr 1, 2023


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