The quest for spectrum in the 6 gigahertz (GHz) band for mobile services by Reliance Jio and Vodafone Idea has been met with opposition from major U.S. tech companies Apple, Amazon, Cisco, Meta, HP, and Intel Corporation. Instead, the IT majors wanted the whole 6 GHz range to be
Working long hours and not getting paid enough, working from home? No more. The new rules say ‘take 2x salary for it.’ Here's why...
Compared to INR 2,745.7 Cr (about $3.1 billion) in the previous fiscal year, Apple India's net earnings increased 16% to INR 3,196 Cr (around $3.6 billion) in the fiscal year 2024–25 (FY25). A consistent increase in the company's top line
Following a sudden wave of layoffs, nearly 200 Petrofac employees in the United Arab Emirates said they were unaware of their end-of-service benefits, leaving many fearing for their future and fearing years of service would go unfunded. Some estimate that the entire amount of unpaid gratuity could surpass Dh27 million,
Alibaba’s big AI comeback is driving strong attention after Qwen relaunch, and suddenly investors are betting on it for...
Jio asks the government to put the entire 1200 MHz in auction, but Meta, Apple, Intel and others oppose, saying ‘not ready for mobile yet.’
According to many media sources, TotalEnergies is getting ready to sell up to 6% of Adani Green Energy (AGEL). Through two companies, TotalEnergies Renewables Indian Ocean Ltd (15.58%) and TotalEnergies Solar Wind Indian Ocean Ltd (3.41%), the French energy giant presently owns nearly 19% of the Adani Group&
According to Tata Consultancy Services (TCS), the biggest provider of IT services in India, a U.S. court ruled against it in the case involving DXC Technology Company (now Computer Sciences Corporation) on November 21. TCS was fined $194 million by a US District Court last year for allegedly stealing
* The company will use this capital to further invest in technology, expand into Tier 2 and Tier 3 geographies, onboard 50,000 distributors, and achieve INR 1 lakh crore in AUM. * Wealthy combines human trust with AI-powered technology to help independent professionals become sophisticated wealth entrepreneurs, making wealth management scalable,
In an interview to a media outlet, senior vice-president and president of US operations John Zahurancik stated that Fluence Energy, a provider of energy storage technology and services, is getting ready to turn India into a critical manufacturing and export base as it diversifies its global supply chain. The action
According to a report by PTI, Magicpin and Rapido have teamed up to challenge the duopoly of Zomato and Swiggy. The third-largest food delivery service in the nation will connect its nationwide restaurant network to Ownly, a platform owned by Rapido. The collaboration will allow Rapido, which debuted Ownly in
The IT sector is still feeling the effects of Amazon's largest layoffs in its history. The people who seem to be suffering the most are engineers. Nearly 40% of the 4,700 verified job layoffs in places including New York, California, New Jersey, and Washington involve engineering positions,
In a significant legal decision, a US bankruptcy court in Delaware has entered a default judgement against Byju Raveendran, founder of the ed-tech firm Byju’s, ordering him to pay more than $1.07 billion. The ruling comes after the court found that Mr Raveendran repeatedly failed to comply with
Agnikul Cosmos, India’s pioneering space-tech company building the world’s first single-piece 3D-printed rocket engines and end to end space transportation solutions, today announced that it has raised ~₹150 crore (US$17 million) in a fresh funding round at a $500 million valuation. The round saw participation from family
The 21st November 2025 edition brings a strong mix of funding announcements and key business developments from India’s evolving startup landscape. Health-tech, AI, semiconductor, and insurtech sectors led the day’s investment momentum, with Ultrahuman raising INR 100 crore in venture debt, Redrob securing $10 million in Series A,
Billionbrains Garage Ventures, the parent of online investment platform Groww, has reported a net profit of INR 471.33 crore for the quarter ended September 2025, up about 12 % from INR 420.16 crore in the same period a year ago. However, its revenue from operations fell by around 9.
Zoho’s Sridhar Vembu sparked a debate after advising young entrepreneurs to marry and have children in their 20s. Namita Thapar reacted strongly, urging business leaders to focus on real issues like women’s health, workforce participation, and the challenges women face in the startup ecosystem.
India’s financial crime agency, the Enforcement Directorate (ED), has attached immovable assets worth INR 1,452 crore in connection with a money-laundering and loan-fraud investigation involving industrialist Anil Ambani and his associated group companies. With this latest action, the total value of properties provisionally attached in the case has
Bengaluru-based semiconductor startup Sophrosyne Technologies has raised $2M in seed round, fully subscribed by Bluehill.VC. The funding will accelerate Sophrosyne’s transition from prototype silicon to full-scale development and global OEM engagement. It will also fuel expansion across silicon design, firmware development, and early customer deployments in India and
Stay updated with the latest developments in India’s startup and business ecosystem. The 20th November 2025 roundup captures major funding announcements across agri-tech, fintech, logistics, AI, and emerging tech, alongside key business updates from leading platforms like Zomato and Zepto. Highlights include Agraga raising INR 100 Cr to strengthen
Zepto, a rapid commerce (qcom) platform, has begun trial testing two additional products in an effort to diversify its offerings and break into new markets. It is now trialling Super Mall, a new vertical for high-value and luxury products, and Zepto Diagnostics, an in-app diagnostics solution within its pharma sector.
The industry is greatly relieved that the Indian government has revoked a number of Quality Control Orders (QCOs) pertaining to essential inputs used in the production of medical devices. Manufacturers who had trouble obtaining necessary materials like polypropylene and polycarbonate stand to gain the most from this action. Long-standing industry
Zomato has consented to share customers' phone numbers with restaurants after obtaining users' approval, which is a victory for the restaurant business, according to the National Restaurant Association of India (NRAI). Zomato and Swiggy, two meal delivery services, have been at odds with the restaurant industry over their