IAN Angel Fund, the evergreen fund of IAN Group, has led an INR 2.5 crore funding round in Peping, an FMCG startup building functional beverages for modern Indian consumers. The round also saw participation from other angel investors. The capital will be used to expand distribution, strengthen supply chain
Shares of Hindalco Industries rose sharply on 5 March 2026, emerging as one of the biggest gainers on the benchmark indices after global aluminium prices surged due to supply disruptions in the Middle East. The rally also lifted India’s broader metal stocks, pushing the Nifty Metal Index higher during
Amazon, the tech titan, has once again laid off workers, this time in its robots section. Scott Dresser, VP of robotics at Amazon, recently announced layoffs in an internal memo. The move is part of a larger attempt to cut costs. In their most recent wave of layoffs, Amazon chose
Coal India Limited shares moved higher in Thursday’s trading session as investors reacted to stronger global coal prices and encouraging data from the company’s e-auction sales channel. The stock gained over 3-4% intraday, touching around ₹453 on the BSE, extending its recent rally despite broader market volatility. Market
Cheerio AI, an AI-powered, all-in-one customer engagement platform focused on optimizing the CAC-to-LTV equation, today announced that it has raised ₹8 crores in a Seed funding round, led by Artha Venture Fund II (AVF II), alongside participation from Hyderabad Angels, TiE Angels, LetsVenture, Invention Engine and notable angel investors including
For many investors, the past 18 months have felt like a financial purgatory. The market, a once-reliable engine of growth, appears to have stalled, leaving many to wonder: Is this the new normal, or simply the calm before a storm? A recent LinkedIn post by prominent financial voice Radhika Gupta
Aman Gupta, co-founder of consumer electronics brand boAt, has announced the launch of a new venture called OffBeat Studios, marking his first entrepreneurial move after stepping away from day-to-day operations at the IPO-bound company. The announcement signals a fresh chapter for one of India’s most recognisable startup founders as
India’s startup ecosystem witnessed strong momentum across on-demand services, beauty D2C, and early-stage consumer brands, while leadership moves and new entrepreneurial bets shaped the broader business landscape. From fresh capital inflows into instant household services platforms to strategic executive appointments and new venture launches, here are the biggest funding
Gold and silver prices in India ended largely steady at the close of trading on 3 March 2026, reflecting consolidation in global bullion markets after recent volatility. Gold prices held firm across major cities, while silver stabilised near elevated levels following intraday fluctuations. A combination of stable international bullion prices,
On 2 March, domestic FMCG producer Dabur India revealed that it has finalised a deal to purchase a share in RAS Beauty. Buying a small share in RAS Beauty, a direct-to-consumer premium skincare brand, will cost Dabur INR 60 crore as part of its newly launched Dabur Ventures programme. In
Fino Payments Bank shares recovered well from an early 14% fall to trade modestly up on 3 March, erasing all intraday losses. Shares fell on fears associated with Rishi Gupta's (the company's MD and CEO) detention. In morning trades, shares of Fino Payments Bank were trading
Nasscom, the industry authority for IT services, has recommended that its member companies facilitate work-from-home arrangements for their employees in the region. West Asia is experiencing one of its most severe geopolitical crises in decades, prompting the corporation to take this decision, according to the IT industry association. The situation
Pronto, which brings dependable household help to your door within minutes, today announced it has raised $25 million in Series B funding led by Epiq Capital to deepen its presence across cities it serves. Existing investors Glade Brook Capital, General Catalyst and Bain Capital Ventures also participated in the round.
Apple has launched the iPhone 17e, its latest budget-friendly iPhone that combines high-end features with an affordable price. Designed for users who want premium performance without paying top-tier costs, the iPhone 17e brings the A19 chip, 48MP camera, and MagSafe support to a wider audience. With pricing starting at $599
Ericsson, a Swedish producer of telecom network equipment, and Vodafone Idea, the third-largest carrier in India, have strengthened their collaboration. Together, the two will update the carrier's postpaid offerings and strengthen the telco's future networks. On 2 March, the businesses announced that Ericsson will launch cloud-native
Anthropic’s artificial intelligence platform Claude has suffered its second major outage in under 24 hours, disrupting service across multiple regions and affecting customers from casual users to developers. The repeated downtime has raised fresh concerns about the reliability and performance of one of the fastest‑growing AI assistants in
India’s startup ecosystem saw funding flow into quick commerce, EV mobility and growth‑stage B2B platforms as investors backed both operational scale and infrastructure enablement. Meanwhile, key business developments included talent moves, fund management expansion, and collaborations to bolster digital services. Here’s your concise roundup for 2nd March
Gold and Silver Prices in India Surge at Market Close on March 2, 2026 Gold and silver prices in India ended higher on March 2, 2026, following sharp intraday gains driven by escalating geopolitical tensions in the Middle East. MCX gold surged over 4% to near ₹1,69,000 per
The Amazon Web Services Availability Zone (AWS) data centre in the UAE was momentarily rendered powerless following an incident involving objects that struck the facility. While the United States, Israel, and Iran are in the midst of an open conflict, the incident allegedly set off sparks and a fire at
Larsen & Toubro (L&T), India's leading engineering giant, saw its shares plunge up to 7.4% today, 2 March 2026, amid the escalating Iran-Israel-US conflict. Investors worry about the company's big ties to the Middle East, where tensions are disrupting business. Timeline of Iran-Israel-US
State-owned oil marketing companies (OMCs) released the latest petrol and diesel prices for March 2, 2026, with fuel rates largely remaining unchanged across major Indian cities. The daily revision, announced at 6 a.m., reflects India’s dynamic fuel pricing system, where retail prices are adjusted in line with global
Saudi Arabia has temporarily shut operations at its key Ras Tanura oil refinery following a drone attack targeting the facility, marking one of the most significant disruptions to global energy infrastructure in recent months. The incident has drawn sharp attention from energy markets, governments and businesses worldwide due to the
Proximus, a Belgian company, plans to implement an AI-driven efficiency program that includes the elimination of 1,200 positions by 2030. In addition to halving its dividend, this action has alarmed investors, causing a precipitous decline in the stock price. Reducing staff-related expenses is the primary goal of the wider