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<strong>Luxury fashion house raises $10 million, looks to expand its footprint globally</strong>-thumnail

Luxury fashion house raises $10 million, looks to expand its footprint globally

The funding round was led by angel investor Akash Bhansali, with participation from actor Madhuri Dixit Nene, Alpha Wave Global’s Navroz Udwadia, Sid Yog of Xander Group, among others. Purple

Industry

Jun 28, 2022

<strong>Q1 in India saw 9.36 billion transactions worth a whopping Rs. 10.25 lakh crore.</strong>-thumnail

Q1 in India saw 9.36 billion transactions worth a whopping Rs. 10.25 lakh crore.

According to the report, UPI’s payment to merchant (P2M) transactions accounted for 64 per cent in volume and 50 percent in terms of the value of the total 9.36 billion

Finance

Jun 28, 2022

<strong>B2B lending </strong><strong>fintech startup Progcap raises $40M as part of Series C, google onboard too.</strong>-thumnail

B2B lending fintech startup Progcap raises $40M as part of Series C, google onboard too.

Founded in 2017 by Pallavi and Himanshu Chandra, the startup provides fast, flexible, and collateral-free loans to small businesses in lower-tier Indian cities, where retailers typically face challenges in accessing

Finance

Jun 28, 2022

Udaan fires 180–200 employees or 5% of its workforce to reduce costs-thumnail

Udaan fires 180–200 employees or 5% of its workforce to reduce costs

According to a person briefed on the situation, business-to-business (B2B) e-commerce startup, Udaan has laid off 180–200 employees, or 5% of its workforce. The company described the layoff as “unusual”

Industry

Jun 28, 2022

Starting today, Meta will roll out Instagram Reels APIs, with full availability by July 6-thumnail

Starting today, Meta will roll out Instagram Reels APIs, with full availability by July 6

According to Meta, all prior versions as well as the current version will support the Instagram Graph API. According to a statement from Meta, Reels APIs will be made accessible

Entertainment

Jun 28, 2022

4th-yr Engineering student rejects Amazon,Google; grabs ₹1.8 crore annual pacakge at Facebook-thumnail

4th-yr Engineering student rejects Amazon,Google; grabs ₹1.8 crore annual pacakge at Facebook

A 4th year Computer Science and Engineering at Jadavpur University Kolkata has secured a job at Meta owned Facebook with a whopping annual package of Rs 1.8 crore Bisakh Mondal,

Industry

Jun 28, 2022

Actor Ajay Devgan to endorse Go Gas, confidence Petroleum-thumnail

Actor Ajay Devgan to endorse Go Gas, confidence Petroleum

 “While I cherish entertaining the audience, ensuring that what I’m endorsing is valuable and credible has always been my first focus,” Ajay Devgn stated adding “With Confidence Group Gogas, I

News

Jun 28, 2022

Shapoorji Pallonji Group’s head Padma Shri Pallonji Mistry died last night in Mumbai-thumnail

Shapoorji Pallonji Group’s head Padma Shri Pallonji Mistry died last night in Mumbai

Pallonji Mistry, Chairman of the Shapoorji Pallonji Group died last night. The 93-year-old veteran industrialist breathed his last at his Mumbai residence. Shapoorji Pallonji group chairman and billionaire industrialist Pallonji

Finance

Jun 28, 2022

Bajaj Auto board approves share buyback from the open market upto ₹2,500 crore-thumnail

Bajaj Auto board approves share buyback from the open market upto ₹2,500 crore

The buyback comes as Bajaj Auto is set to face stiff competition from bigger rivals such as Hero MotoCorp in the switch to cleaner vehicles. Bajaj Auto earlier this month

Industry

Jun 27, 2022

Airbus SE bags an aircraft order worth $5.5 billion from Jet Airways-thumnail

Airbus SE bags an aircraft order worth $5.5 billion from Jet Airways

Jet Airways, once India’s top private airline, got its flying license last month, marking the first time a carrier has been revived under the nation’s new bankruptcy laws. The flying

Industry

Jun 27, 2022

<strong>GST Council to consider 28% rate on casino, online games in upcoming meet at chandigarh.</strong>-thumnail

GST Council to consider 28% rate on casino, online games in upcoming meet at chandigarh.

The panel has recommended that a 28% GST should be levied on casinos, online games and race courses without any regard for whether it is a game of skill or

Finance

Jun 27, 2022

<strong>The payment council of India questions RBI over recent PPI related guidelines, soughts gov. Intervention</strong>-thumnail

The payment council of India questions RBI over recent PPI related guidelines, soughts gov. Intervention

The Payments Council of India (PCI) and several fintech firms have urged the government to step in to resolve the fallout from a recent directive by the Reserve Bank of

Finance

Jun 27, 2022


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