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The application by private equity (PE) giant KKR to purchase a share in cloud kitchen upstart Rebel Foods has been approved by the Competition Commission of India (CCI). The CCI announced that Royce Asia Holdings, a subsidiary of KKR, will purchase an undisclosed quantity of the startup's shares
Startups and other pertinent parties have been asked to submit ideas for developing AI-powered tools that can identify deepfakes to the Ministry of Electronics and Information Technology (MeitY). The Ministry has requested five suggestions for the creation of domestic technical AI tools, rules, frameworks, and standards in order to establish
Wardwizard Innovations & Mobility, an electric vehicle manufacturer based in Vadodara, stated on 13 December that it anticipates e-three-wheelers to account for roughly 30 to 35 percent of its future sales volume. Additionally, the business stated that it hopes to sell up to 42,000 units by the end of
On 16 December, Google Cloud announced Google Agentspace, which gives workers access to company knowledge using AI agents that combine enterprise data, Google-quality search, and Gemini's sophisticated reasoning, independent of where the data is kept. With just one instruction, Google Agentspace helps workers do complicated activities that call
The US health agency has said that drug manufacturers Aurobindo Pharma, Glenmark, and Zydus are recalling medicines in the US market because of production problems. Aurobindo Pharma USA Inc., a division of a Hyderabad-based pharmaceutical company, is recalling more than one lakh bottles of Cinacalcet tablets in various strengths, according
According to Krishi Fagwani, cofounder and CEO of the foodtech platform Thrive, it is the most recent Indian firm to cease operations. The cofounder blamed a lack of resources for the decision to shut down operations in a LinkedIn post. "We've worked hard over the years to
Infosys has announced its investment in 4baseCare, a healthtech firm that concentrates on oncology (cancer care) and is powered by advanced genetics. This is a significant move that highlights Infosys' growing commitment to healthcare innovation. The tech giant will purchase Series A compulsory convertible preference shares (CCPS) in 4baseCare
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This article has been contributed by Bhumika Raval, HR, Scenic Communication Pvt Ltd. As the holiday season approaches, the offices of the world tend to join the festive cheer. For HR managers, this is certainly an exciting yet challenging task. A well-planned office Christmas celebration encourages team bonding, rising enthusiasm,
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This article has been contributed by Smita Khanna Kithania, Chief Operating Officer, Newton Consulting India. One of the most cherished traditions in our office during Christmas is the magical transformation of our Christmas tree. Standing tall and radiant, it becomes a masterpiece adorned with shimmering ornaments and twinkling lights, symbolizing
In order to expand the brand's reach across demographics and customer cohorts, actor and content maker Bhuvan Bam has joined direct-to-consumer (D2C) company Peppy as a cofounder and investor. Entrepreneurs Devansh Agarwal and Shyamal Gupta launched the sexual wellness and pleasure company last year. It was entirely funded
The SME-focused non-banking loan company Aye Loan Limited (previously Aye Finance Private Limited) plans to raise up to INR 1,450 crore through an IPO. According to documents obtained by a media outlet, the company's board authorised the IPO plans at an Extra-Ordinary General Meeting (EGM) on December
The omnichannel jewellery business Bluestone has submitted its first initial public offering (IPO) draft red herring prospectus (DRHP) to market watchdog SEBI. An offer-for-sale component of up to 2.40 Cr equity shares and a new issue of shares valued at INR 1,000 Cr will make up the IPO.