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VC firm Accel nurtures 8 early stage Indian startups, AI and Industry 5.0 in focus Accel announces eight early-stage Indian startups in Atoms accelerator program focusing on AI and Industry 5.0 domains with up to $500,000 in funding and additional benefits worth $5 million.

Kalanithi Maran moves Delhi HC to issue contempt proceedings against SpiceJet SpiceJet contended that it has not ignored the court's orders, highlighting the ₹50 crore payment and compliance with other legal directives

NCLT refuses to stay Byju's EGM to increase its authorised share capital If Byju's obtains a majority vote for its proposal to increase the authorised share capital, it can issue fresh shares to new investors, helping it to raise $200 million through a rights issue at a 99% cut from its peak...

Fibe seeks fresh funds, TR Capital to lead with $50 million infusion The funding round, comprising both primary and secondary capital, could potentially value the company at $600-6 why50 million.

The pandemic broke co-living’s back. Startups need a reset Remember Oyo Living? The co-living vertical of Oyo Hotels & Rooms once had big plans but scaled down the business in 2021. Many other startups did the same—during the pandemic, co-living was the worst hit among all real estate...

First Ambani-Adani pact: RIL picks 26% stake in Adani Power's MP project; deal pegged at ₹50 crore between rival firms Reliance will pick up five crore equity shares in Mahan Energen Ltd, a wholly owned subsidiary of Adani Power Ltd, of face value ₹10 at par ( ₹50 crore)

SoftBank-backed Swiggy records $200 million loss in nine months to Dec 2023 ahead of IPO For the full fiscal year 2022-23, Swiggy made a loss of 41.8 billion rupee ($500 million), according to the document

CarDekho in talks to raise $100-150 million The company is likely to raise this round at a valuation of $1.3 billion

Paytm likely to sign HDFC Bank as third partner for migrating merchants: Report Paytm is also in talks with Canara Bank and Kotak Mahindra Bank for merchant acquisition business, says the report

Amazon set to introduce Prime Lite in India at ₹799 per year While Prime Lite subscribers will enjoy free shipping benefits, their access to Prime Video will be restricted to one device at a time

Xpress Biz rebranding of Vista VIP shows Air India Express is pushing up revenue Positioning it as business class helps increase fares, from mere ‘Seats with frills’. Additionally, this positioning helps Air India Express go ahead with more and more codeshare routes with the same class of service.

Housing.com CEO Dhruv Agarwala reveals how he lost 71 kg in two years: 'I felt I was going to die...' Housing.com CEO Dhruv Agarwala in 2021 embarked on a remarkable journey to shed his extra weight following an emergency hospital visit in October of the same year after the tech entrepreneur...

Dr. Reddy’s to promote and distribute Sanofi’s vaccine brands The tie-up gives DRL a stronger portfolio and takes it to second place among vaccine players in India.

IndiGo plane hits stationary Air India Express in Kolkata, DGCA off-rosters pilots IndiGo said that it will submit an incident report to the DGCA, as per the protocol.

Lava charts fresh listing plans Lava is also gearing up to enter the wearables market next month with India-made smartwatches under the sub-brand ProWatch.

Apollo Pipes acquires majority stake in Kisan Mouldings for ₹118.40 crore KML has a dealer network with over 100 dealers and 10,000 retailers.

Have 75% veg orders, the decision for 'pure veg' fleet came after survey, says Zomato CEO Deepinder Goyal Zomato stirred up controversy last week when announced the launch of its green-branded pure veg fleet for customers. The decision received heavy backlash on social media, with criticisms...

IIT Madras's Pavan Davuluri takes charge of Microsoft Windows, Surface teams Microsoft reunites Windows & Surface teams under Pavan Davuluri, boosting stock. The move signals a return to a unified approach for hardware & software, aiming for tighter integration and a more seamless user...

Bankruptcy rescues have soared this year. Here is why Data available from IBBI showed that from 2016 (when IBC became operational) to December 2023, bankruptcy resolution plans were approved for 891 companies

Sony secures rights for New Zealand Cricket home series The long-term agreement, which will be effective from 1 May 2024 to 30 April 2031, will cover broadcasting and digital-streaming rights for all bilateral ties in the island nation, including India’s tours of New Zealand during the 2026-27...