For one of AI's most pressing problems, OpenAI is seeking a researcher to join their team. The goal of open AI is to find a solution to the problem of what occurs when AI systems can train themselves to be smarter. This position is part of the company&
Goldman Sachs, Societe Generale, and Citigroup Global Markets are among the global financial institutions that have purchased a 1.34% stake in Paytm's parent firm, One 97 Communications. These investment firms paid INR crores in open market transactions to acquire shares from SAIF Partners and Elevation Capital. The
In a move into the beauty services market, Snabbit now offers a salon-at-home service that, in a matter of minutes, links clients with certified beauty experts. This is the first step for the platform into a new market that it hopes will enhance its current home services offerings. After six
A significant agreement has been inked between India Post and Flipkart to enhance last-mile parcel delivery services nationwide. By merging India Post's extensive delivery network with Flipkart's robust online retail presence, the alliance seeks to enhance the reach and efficiency of e-commerce deliveries. The Department of
Seed Funding
TIST Media, the Mumbai-headquartered creator economy company, has closed its seed round at a post-money valuation of approximately USD 5.9 million, with Sthira Partners leading the investment. The round marks one of the few instances of institutional capital flowing into a pure-play creator economy business in India, signalling a
Today's Indian startup landscape is dominated by corporate developments rather than fresh funding rounds. Quick commerce leader Zepto is reportedly readying an ₹11,000 crore IPO by July, while healthtech unicorn Innovaccer has acquired US-based CaduceusHealth in its fifth buyout in two years. On the listed side, Info
The gold price today in India is ₹16,003 per gram for 24-carat gold, down 0.24% from yesterday. The silver price today in India is ₹2,74,830 per kg, falling 0.26% in early trade. Gold is trading at $4,535.79 as of 22 May 2026. Both
Stellantis has just launched the most significant rethinking of its India strategy in recent times. The company and Tata Motors have declared their intention to collaborate on the design and production of a new Jeep model for the international market. As a result, India went from being a challenging home
In its first quarter of fiscal year 27 earnings commentary, the worldwide retail juggernaut Walmart highlighted Flipkart and its quick commerce service, Flipkart Minutes, illuminating the platform's lightning-fast delivery growth in India. The e-commerce giant was singled out by the retailer for its contribution to the quarter'
Swiggy, a food tech giant, had its bid to become an IOCC (Indian-owned and controlled company) rejected by shareholders. The foodtech juggernaut was unable to restructure its board nominating process and change its articles of association (AoAs) due to a lack of support. The business reported 72.36% support for
Meta has initiated yet another round of job cuts in the Irish market. The US IT titan is moving on with a worldwide reorganisation strategy focused on AI and automation, which might lead to the layoff of as many as 350 workers. Meta plans to let off over 8,000
Indian startups saw fresh capital flow into fintech and digital fashion on 21 May 2026, with two funding rounds anchoring the day. Travel-fintech Scapia led the tally with a $63 million raise backed by General Catalyst, while Meta Fashion picked up $400K in pre-seed funding led by Lumikai. On the
In July, Zepto, a platform for quick commerce, will conduct its initial public offering (IPO) with a target price of INR 11,000 crore. If the IPO is approved, Zepto would become the third Indian food delivery app to follow Swiggy and Zomato in being listed on a stock exchange.
With an investment of over $10 billion, Advanced Micro Devices plans to significantly increase its footprint in Taiwan. Therefore, in an effort to catch up to Nvidia in the rapidly expanding market for artificial intelligence chips, it is strengthening relationships throughout the island's semiconductor ecosystem. The American semiconductor
A broader overhaul of loan recovery standards is underway. Reserve Bank of India (RBI) has issued modification orders to update 'Conduct of Regulated Entities in Recovery of Loans and Engagement of Recovery Agents.'. As part of the planned changes, financial institutions like banks and NBFCs will be able
Gold prices in India today are around ₹15,944 per gram for 24-carat gold, while silver prices are near ₹2,85,000 per kg. Prices are mostly stable as investors react to the US Federal Reserve’s latest policy comments. Gold and silver rates on 21 May 2026 saw only
As part of its aggressive push into artificial intelligence, corporate software company Intuit is laying off about 3,000 workers worldwide. Additionally, in order to better compete in a market that is becoming more and more driven by AI, the company is restructuring its organisational structure. Chief Executive Officer Sasan
Southwest Airlines' recently established Global Innovation Centre in Hyderabad aims to hire approximately 1,000 people in the next years. The move is part of the airline's strategy to fortify its engineering and technological capacities in countries other than the US. According to remarks made by senior
ANSCER Robotics
Bengaluru-based industrial robotics company ANSCER Robotics has raised ₹45 crore in a fresh funding round led by IAN Alpha Fund, the second venture capital fund in IAN Group's series, with participation from Info Edge and a clutch of angel investors. The capital infusion, announced on 21 May 2026,
Meta Fashion
Meta Fashion, a Delhi-based digital fashion platform building what its founders describe as the "Zara for the Virtual World," has raised approximately $400,000 in a pre-seed funding round led by Lumikai, India's interactive media, digital platforms, and games-focused venture capital fund. The round, announced on
Scapia
Scapia, the Bengaluru-based travel-fintech company, has raised $63 million in a fresh funding round led by US-based venture firm General Catalyst, with continued participation from existing investors Peak XV Partners and Z47. The round, announced on May 21, 2026, takes the company's total equity funding to approximately $135
Despite TCS announcing an average salary increase of around 5%, numerous staffers have claimed that their monthly salaries have been reduced, leading employees to question the company's latest appraisal cycle. The corporation reportedly implemented wage adjustments on May 18, according to recent media reports. The appraisal season has
The gold price today in India is ₹15,940 per gram for 24-carat gold, down 0.28% from yesterday. The silver price today in India is ₹2,72,850 per kg, rising 0.69% in a split-session day. Gold pulled away from its ₹1.60 lakh mark in early trade