Ashwin Yardi, CEO of Capgemini India, has argued for a more balanced approach to working hours in India and rejected the notion of an extended 70- to 90-hour workweek. "47 and a half hours" is how Yardi defended a 47.5-hour workweek when speaking at the Nasscom Technology
PhonePe, owned by Walmart, has selected four investment banks as advisors as India's leading digital payments platform aims to enter the domestic tech IPO sector, targeting a valuation of up to $15 billion. As per a media report, PhonePe plans to initiate the IPO process in the first
A penalty notice of INR 17.35 lakh has been issued to travel tech giant Easemytrip for allegedly breaking GST regulations. In a filing, the company stated that it has been notified that it has received an order from the Sales Tax Officer Class II/AVATO Delhi, State/UT: Delhi,
Consumer internet company, Glance, and Google Cloud today announced a strategic partnership to bring the power of generative AI (gen AI) to millions of Glance-enabled smartphones worldwide. Through this collaboration, Glance will leverage Google’s AI models to develop consumer-facing AI applications designed to enhance and enrich user experiences on
The energy storage industry in India has witnessed a game-changing moment with the official launch of Cellvest Energy Private Ltd., a next-generation energy startup that is redefining businesses access to battery storage solutions. The high-profile event, held at Conrad Hotel, Bangalore, brought together industry leaders, policymakers, and Global energy experts
HiWiPay, a next-generation cross-border payments platform revolutionizing international remittances for students, parents, and businesses has raised $2 Million in a seed round led by Unicorn India Ventures. The round also saw participation from Dewang Neralla's family office and Jupiter Metaverse LLP along with other well known angels -
As part of its investigation into the INR 6,600 crore GainBitcoin cryptocurrency scam, the CBI carried out coordinated nationwide searches at 60 locations on 25 February, according to officials. A CBI spokeswoman stated in a statement that the searches, which targeted locations allegedly connected to important accused individuals, were
Beyond Chennai, Zepto, a fast commerce startup based in Bengaluru, has already established itself throughout Tamil Nadu. Coimbatore, Tiruchirappalli, Madurai, Vellore, and Salem are just a few of the districts in the state where the company has started operations. With more than twenty dark stores open in Tamil Nadu, each
Zinka Logistics Solutions, the parent company of logistics giant BlackBuck, has received two tax notifications amounting to INR 14.2 crore. This encompasses a demand of INR 10.02 crore from the Assistant Commissioner of Commercial Taxes (Audit), Bengaluru, for the period from April 2020 to March 2021, and a
90,500 equity shares have been distributed by omnichannel cosmetics retailer Nykaa as part of its employee stock option plan (ESOP). Nykaa stated in an exchange filing that the equity shares are allocated following the execution of vested stock options by employees under the company's ESOP Plan. The
Flipkart Group's UPI application, super.money, has purchased BharatX, a checkout financing platform supported by Y Combinator, for an unknown sum to enhance its current services, particularly in Buy Now Pay Later (BNPL). Checkout financing enables users to purchase things online in installments during the checkout process. In
A concept that formerly appeared to be science fiction is now progressively approaching reality, facilitated by an innovative partnership between Indian Railways and IIT-Madras. Railway Minister Ashwini Vaishnaw recently declared that the ministry will collaborate with a distinguished institute to create advanced Vertical Take-Off and Landing (VTOL) vehicles, which could
Zomato has invested INR 4,300 crore into Blinkit since acquiring the online grocery delivery service, formerly known as Grofers, in an all-stock deal for INR 4,477 crore in August 2022. Zomato has been investing more in Blinkit, mostly to finance its rapid growth and offset operating losses in
IT Minister Ashwini Vaishnaw stated that India aims to develop small language models (SLMs) to address "distinct" issues, in addition to a large language model (LLM). Vaishnaw stated that the government is examining its own digital models with smaller models that can address specific, distinct issues. During a
In a case filed in the Madras High Court, skilled gaming businesses Games24x7, Junglee Games, and Head Digital Works (A23) have contested the legitimacy of the Tamil Nadu state's latest regulations pertaining to the real-money gambling (RMG) sector, which went into effect on February 15. In order to
Union Finance Minister Nirmala Sitharaman said at the 6th Convocation Ceremony of the Indian Institute of Information Technology (IIIT) Kottayam on 22 February that India is not only embracing AI but is also actively draughting regulations to guarantee its efficient governance. According to her, India is not only at the
Tata Capital, the financial services arm of the Tata Group, has received board approval to proceed with an initial public offering (IPO). The company plans to issue 23 crore new shares and allow existing shareholders to sell their stakes through an offer for sale. This move complies with the Reserve
With ambitions to list on Indian stock exchanges, fintech business PhonePe said on 20 February that it has started preparing for the start of its initial public offering (IPO). According to a press release from PhonePe, the company, which will mark its tenth anniversary this year, provides cutting-edge financial services
It’s clear that AI will reshape industries, companies, and roles. AI-powered applications tackle challenges traditional software cannot—but hallucinations are holding enterprises back from scaling AI. The issue isn’t just complexity—it’s trust. AI models are probabilistic, so their outputs can be unpredictable. Hallucinations in chatbots and
Bangalore, February 24, 2025: Nutrify Today, a pioneer in AI-driven nutraceutical innovation, has introduced Dealsphere, a groundbreaking platform that transforms how businesses discover, license, and commercialise science-backed nutrition products. Dealsphere accelerates the traditionally slow and expensive process of product ideation and licensing, enabling companies to launch new nutraceutical products in
Top pharma companies must ensure reliable and trustworthy healthcare information. To do that, Rajasi Media is becoming the most dependable helping hand for top brands. New Delhi [India], February 24: In the ever-evolving and fast-paced digital world, people can have access to almost everything and anything, including misinformation. This has
With a goal of 10 million lives covered by 2025, insurtech platform Plum has announced that it will invest $6 million over the course of the next 24 months to enter the personal insurance market. Atul Mishra has been selected to lead the sector. Plum said in the news release
According to a prominent media outlet, Vishesh Khurana, a cofounder of Shiprocket, has been appointed as an advisor by San Francisco-based cryptocurrency trading platform Kraken, which is planning to relaunch its services in India. According to the report, Khurana will oversee Kraken's operations in India. According to reports,
KiranaPro, a top AI-powered quick commerce platform in India, has gained strong support with PV Sindhu joining, India’s renowned badminton star, as both an investor and brand ambassador. This is the first investment in KiranaPro’s seed funding round, supporting its mission to modernise India’s retail sector by