The chief executive of India's Akasa Air stated on 29 October that the airline intends to resume hiring pilots in the second half of next year with the goal of becoming public within the next two to five years. Making a loss Due to delayed deliveries from Boeing,
With a strong rally that has solidified its position at the forefront of the artificial intelligence boom, Nvidia was poised to make history on 29 October by becoming the first business to reach $5 trillion in market value. After CEO Jensen Huang revealed plans to create seven supercomputers for the
According to various media reports, engineering powerhouse Larsen & Toubro (L&T) is considering entering the electronics manufacturing services (EMS) market and has already begun talks with the Tamil Nadu government for roughly 200 acres of property close to Chennai. Following in Tata's footsteps, the $17 billion
* Fambo raises INR 21.55 Cr Series A from AgriSURE Fund (Managed by its Investment Manager NABVENTURES Limited) and EV2 Ventures * Funding to drive expansion, product innovation, team growth, and technology upgrades * Serves 1,000+ restaurants and cloud kitchens, including McDonald’s, Burger King, Burger Singh, and Barbeque Nation Noida-based
Amazon has announced it will cut about 14,000 corporate roles globally, in a restructuring the company says is designed to simplify operations and redirect resources toward priority areas such as artificial intelligence (AI). The move was confirmed in an internal message shared by Amazon executives and in company statements
Indian eyewear retailer Lenskart has secured an investment of INR 100 crore from SBI Mutual Fund in a pre-IPO transaction. The investment comes via SBI’s Alternative Investment Funds (AIFs), namely the SBI Optimal Equity Fund and SBI Emergent Fund. Transaction specifics * The INR 100 crore investment was made at
Imagine Marketing Limited, the parent company of consumer electronics brand boAt, has filed its Updated Draft Red Herring Prospectus (UDRHP-I) with the Securities and Exchange Board of India (SEBI). The filing marks a key step towards its proposed INR 1,500 crore initial public offering (IPO). The proposed issue includes
Kickstarting in Bengaluru, Snitch eyes Delhi, Mumbai, and Hyderabad next, with a pan-India rollout planned by 2026.
Investment led by Fireside Ventures to drive product innovation and expansion across emerging consumption hubs In a bid to capture the vast potential of India’s confectionery market, long dominated by multinational giants and unorganised regional players, Raje Suneet Jain, a seasoned sales and marketing professional, and Prashant Manral, an
* Funds raised will be used for future growth, marketing & supporting the acquisition of Teleport * SMV recently acquired Kunal Shah-backed Teleport to grow its operations in South India * The fund raise also comes on the back of critical milestones achieved by the company, with a 4X growth in revenues and
Azent Overseas Education, one of India’s leading study abroad platforms, is set to host a UK Admissions Day on October 29, 2025, at its Hyderabad Center. The event will bring together representatives from renowned UK universities — Ulster University Belfast, University of Wolverhampton, Edinburgh Napier University, and St. Mary’s
India’s startup scene stayed active on 28th October 2025, with fresh funding across fintech, AI, and edtech. Optimo Capital led the day’s deals, followed by Smallest.ai and Cybrilla. Meanwhile, OpenAI announced free ChatGPT Go access for Indian users, and Amazon revealed plans for major corporate layoffs. Daily
After a majority of trustees voted against his reappointment to the boards of the Sir Dorabji Tata Trust and the Sir Ratan Tata Trust, Mehli Mistry, a close friend of Ratan Tata, is leaving Tata Trusts. Mistry will resign from the Tata Trusts' governing boards after three of the
On 28 October, OpenAI declared that starting on November 4, ChatGPT Go will be free for a year for all Indian users. The package, which now costs INR 399 a month, will be made available as part of a temporary promotion that takes place in conjunction with the company'
In its fourth update, released 28 October's morning, the Multi Commodity Exchange (MCX) advised market players that a technical problem has delayed the start of trade. Although it did not provide a new start time, the exchange stated that trading would start from its Disaster Recovery (DR) site.
In a thought-provoking LinkedIn post that’s making waves across India’s corporate circles, Anupam Mittal, Founder and CEO of People Group and Shark Tank India investor, has questioned the country’s fixation with the so-called “standard” 30-35% salary hike during job switches. The 35% hike ritual under scrutiny Mittal
Following allegations that millions of email credentials had been compromised, Google has refuted accusations of a significant security breach at Gmail. The business stressed that the accusations were not based on a fresh attack against Gmail but rather on a misinterpretation of previously stolen material that was making the rounds
Full-stack enterprise Voice AI platform Smallest.ai has announced the closure of an $8 million seed funding round led by Sierra Ventures, with participation from 3one4 Capital and Better Capital. The fresh capital will fuel global expansion across North America and India, accelerate product innovation, and strengthen enterprise adoption in
According to various media reports, Amazon plans to lay off up to 30,000 corporate employees starting on October 28 in order to reduce costs and make up for hiring too many staff during the pandemic's peak demand. The number is close to 10% of Amazon's
India’s startup ecosystem witnessed notable activity on 27th October 2025, with fresh funding rounds across diverse sectors including fashion, clean energy, and nutrition. Banana Club, HYDGEN, and Neulife secured new capital to drive their respective growth and expansion plans. Meanwhile, the business landscape saw two major corporate developments — Lenskart
Ethisure Corporate Services Private Limited (“Ethisure”) — the holding company of Arthos Corporate Services Private Limited (“Arthos”) — has announced the successful completion of its USD 2.5 million seed funding round. The capital infusion will enable Arthos to strengthen its position as an emerging player in India’s wealth management and
Amazon, the massive online retailer, announced on 27 October that it had exceeded its goal of $20 billion in total exports from India over the past ten years and is now aiming for $80 billion in outflows by 2030. Since its introduction in 2015, Amazon has registered over 200,000
Following the Supreme Court's decision to permit the Central government to re-examine the matter of reevaluating the telecom operator's adjusted gross revenue (AGR) obligations, Vodafone Idea's stock price surged by more than 9% on Monday. Following the SC's decision, Vodafone Idea'
With its initial public offering (IPO) opening for subscriptions on October 31 and closing on November 4, eyewear retailer Lenskart is poised to make its eagerly anticipated market debut. In order to raise new funds and give early investors a sizable exit opportunity, the business has set the price range