A new set of regulations to improve and simplify the country's online commerce exports has been operationalised by the Central Board of Indirect Taxes and Customs (CBIC). The government has lifted the limit of INR 10 lakh per shipment on courier exports under the new regulations. It has
The administrative departments of Karnataka were rocked this week by a phoney government memo that seemed to order the firing of thousands of outsourced workers. Since then, the Karnataka finance department—which answers to Chief Minister Siddaramaiah—has lodged a police complaint. The complaint stated that clearly the paper in
Oracle has slashed jobs across all markets, threatening to fire off as many as 30,000 workers worldwide. Nonetheless, news accounts indicate that thousands of jobs have already been cut in India. Roughly 12,000 people have lost their jobs in India, and more layoffs are on the horizon in
The tech giant has started what analysts believe could be the largest workforce reduction in its 47-year history, driven by its aggressive and debt-heavy push into AI infrastructure.
The AI-powered collections infrastructure company manages over $6 billion in assets across 40+ lenders and 10 states at present CredResolve, an AI-powered debt collections infrastructure company managing over $6 billion monthly in assets across 10 Indian states, has raised a Pre Series A round led by Merak Ventures, with participation
IAN Angel Fund, the evergreen fund of IAN Group, has invested in an early-stage funding round in InterCosmos, a next-gen in-space transportation company. The investment will help the company accelerate the development and flight qualification of its flagship propulsion technology, HyperX, and build its first in-flight demonstration. Founded by aerospace
All levels of employment at Unilever have been placed on hold for a minimum of three months. The decision was made in response to the growing number of problems that the conflict in West Asia is causing for businesses. In preparation for the economic consequences of the continuing confrontation with
In a recent LinkedIn post, Zerodha's Nithin Kamath explains why AI cannot guarantee profits in trading. While tools can reduce emotional decisions and improve discipline, real success still depends on behaviour, strategy, and realistic expectations in today’s efficient markets.
Indian startups witnessed steady funding momentum on 31 March 2026, with capital flowing into fintech, AI, and wealthtech ventures. The day was led by OpenFX’s $94 million raise and Gnani AI’s $10 million Series B round, highlighting continued investor interest in deep-tech and financial infrastructure. Meanwhile, key developments
The company has previously partnered with Arka Media Works, enabling fans to rewrite alternate storylines from the Baahubali universe. Fanon, a platform built exclusively for fandom storytelling and discussion, has raised $1 million in pre-seed funding in a round co-led by Kalaari Capital and Gruhas. The round marks Fanon’s
Fifth edition of the annual summit to feature 600+ attendees, three parallel tracks, and a six-week road to HSX across multiple cities.
Government advisories on platforms like Meta, Google, and X might become legally compulsory according to India's planned tougher IT regulations. The government notice seeking public opinion outlines the action, which might result in the loss of safe harbour protections if directions issued by the IT ministry are not
Epic Games said last week that it would be laying off over a thousand workers in an effort to remain financially stable. Mike Prinke, a programmer who has over seven years of experience at the Fortnite creator, was one of those impacted. Jenni Griffin, Prinke's wife, posted a
In a strategic investment round spearheaded by Alpha Wave Global and current supporter Carlyle, Bharti Airtel's data centre affiliate Nxtra is acquiring $1 billion (around INR 9,400 crore). Alpha Wave and Carlyle have each committed $435 million (INR 4,107 crore) and $240 million (INR 2,266
Aavishkaar Capital, the impact-focused fund manager and part of Aavishkaar Group, one of the world's foremost impact investing platforms, today announced a Series B investment of USD 10 Million in Gnani.ai, a Bengaluru-based voice-first Agentic AI company redefining how enterprises engage with customers at scale. The investment
Founded in 2020 in the middle of a global pandemic, Thinkdom began as a small experiment in reimagining corporate learning. Today, the Bangalore-headquartered, remote-first Learning Experience Design and Performance Consulting firm has delivered close to 1100 projects, impacted over 500,000 learners, and grown largely through organic and referral-driven business.
Gold and silver prices in India remained firm on 31 March 2026, even as commodity markets stayed closed on account of Mahavir Jayanti. Despite the trading holiday, domestic bullion rates reflected an upward trend based on the previous session’s closing and global price cues. Precious metals continued to hold
Cricket has always been a game of instinct, repetition, and the trained eye of a coach. But as the sport evolves, so do the tools that shape its players. One of the emerging names in this space, Kabuni, is offering a glimpse into how technology is beginning to influence the
ITC shares fell to a 52-week low of around ₹287 in recent sessions amid sustained selling pressure and a broader downtrend. Despite strong fundamentals, shifting investor sentiment and sector rotation have weighed on the stock, with markets closed on Mahavir Jayanti.
The Electronics Component Manufacturing Scheme (ECMS) has seen 29 more proposals approved by the Ministry of Information Technology (MeitY). Investments of INR 7,104 Cr, 14,246 direct jobs, and an anticipated production pipeline worth INR 84,515 Cr are all part of the revised proposals. With this, MeitY has
Epik, a Try and Buy quick commerce startup focused on consumer electronics and home appliances, has announced that it has raised $1 million in a pre-seed funding round led by InfoEdge Ventures. This marks a bet on the company being a pioneer in quick commerce that uniquely blends convenience of
Bajaj Finserv is gearing up to establish an AI-centric private equity fund. According to the business, these investments have the potential to become one of the biggest alternative investment funds in India devoted to artificial intelligence. Meanwhile, Bajaj Finserv will use its own funds to put money into AI firms
Daily Indian startup funding roundup for March 30, 2026: Indifi raises ₹40 crore debt from BlackSoil, Skillsvest secures ₹5.5 crore pre-seed funding, and Zetwerk files for a $450 million IPO, alongside key startup news and business updates from India’s startup ecosystem.