Diwali Muhurat Trading 2025: Date, Timings, Rules, and All You Need to Know

Meet the market of luck on October 21. Can one hour bring prosperity? Here's what to expect...

L&T Semiconductor Partners with Foxconn to Develop High-Voltage Semiconductor Wafers

According to reports, L&T Semiconductor Technologies and Hon Young Semiconductor, a subsidiary of contract maker Foxconn, inked a long-term agreement on 14 October to collaborate on the development of high-voltage semiconductor wafers. According to the Economic Times, the two businesses would create wafers for industrial and automotive applications

Alakh Pandey's PhysicsWallah and IDP Sign MoU to Support Students’ Global Education Aspirations with IELTS

PhysicsWallah (PW), the education platform founded by Alakh Pandey and Prateek Maheshwari, has signed a Memorandum of Understanding (MoU) with IDP Education India (“IDP”), co-owner of IELTS and India’s sole provider of the test, to bring global opportunities closer to students. Under this collaboration, PW students will gain access

Consuma Secures $1.3 Million Funding Led by Equirus InnovateX Fund to Transform Consumer Research with AI

Consuma, an AI startup redefining traditional research methods such as surveys and focus groups, has raised $1.3 million (INR 11.16 Crore) in seed funding, led by Equirus InnovateX Fund. The round also saw participation from prominent angel investors, including Abhishek Goyal (Tracxn), Mekin Maheshwari (Flipkart), Bhavik Dholakia (Swatantra

Amazon to Slash Up to 15% of HR Staff in Major Layoff Plan

Amazon is preparing for a significant wave of layoffs once more. According to reports, the firm is planning to lay off up to 15% of the employees in its human resources department, which is internally referred to as the People eXperience and Technology (PXT) team. The HR department will be

Oracle’s Larry Ellison Emerges as the Biggest Winner of the 2025 AI Boom

In 2025, Larry Ellison, co-founder and chairman of Oracle Corporation, has emerged as the biggest winner from the ongoing AI revolution. As companies worldwide expand their artificial intelligence capabilities, Oracle has become a key provider of the cloud and computing infrastructure powering these AI systems. Thanks to a series of

Nvidia CEO Jensen Huang Personally Delivers World’s Smallest Supercomputer to Elon Musk

At SpaceX's Starbase facility in Texas, Nvidia founder and CEO Jensen Huang personally delivered the company's recently released DGX Spark AI supercomputer to Elon Musk. The meeting occurred as SpaceX got ready for the eleventh test of its Starship rocket, according to a blog post the

Microsoft Launches MAI-Image-1, Its First In-House AI Image Generator

Microsoft debuts MAI-Image-1, a photorealistic AI image model built entirely in-house. Ranking among LMArena’s top 10, it showcases Microsoft’s move toward AI independence and faster, more realistic image generation.

Daily Indian Funding Roundup & Key News – 14th October 2025: HouseEazy Raises INR 150 Cr, SpeakX Secures $16 Mn, Muttley Crew Expands Across India & More

India’s startup and corporate ecosystem continues to witness dynamic growth with significant funding rounds and key business developments on 14th October 2025. From real estate and edtech to agritech and pet food, startups are raising capital to scale operations, enhance technology, and expand market reach. In parallel, major corporate

Thyrocare Reports Strong Q2FY26 Results – Revenue Up 22%, PAT Up 82%; Board Declares 2:1 Bonus and ₹7 Interim Dividend

Thyrocare Technologies reported a solid Q2FY26 with 22% YoY revenue growth and 82% jump in PAT. The Board declared a 2:1 bonus issue and ₹7 interim dividend, celebrating 25 years of the company. The diagnostic major processed 53.3 million tests this quarter, up 21% YoY.

Infosys Secures INR 14,000 Crore Contract from UK’s NHS for Workforce Management System

In a regulatory statement on October 14, IT giant Infosys declared that it has won a £1.2 billion (about INR 14,137 crore) contract from the NHS Business Services Authority (NHSBSA) to provide a new workforce management system. The current Electronic Staff Record (ESR) system will be replaced with

Health-Focused Pet Food Brand Muttley Crew Secures $425,000 in Seed Round to Grow Footprint Across India

Muttley Crew, a Bangalore-based premium, health-focused pet food brand, announced the successful raise of its seed funding round, raising $425,000. The round saw participation from a group of private investors, reflecting strong confidence in Muttley Crew’s vision, product innovation, and growth potential in India’s rapidly expanding pet

Infosys Begins Annual Performance Review Cycle for Employees

The yearly performance review cycle of Infosys has begun, reigniting employee expectations for long-awaited pay raises in 2026. In an email, the HR department of the Bengaluru-based IT services behemoth requested that employees submit their self-evaluations by October 17. Employees feel that this appraisal season is more important than the

NASA’s Jet Propulsion Lab to Layoff 550 Jobs in Major Restructuring

NASA's Jet Propulsion Laboratory (JPL) announced on 12 October that it will reorganise its personnel by laying off around 550 workers, or 10% of its total workforce, in an effort to maintain the facility's long-term competitiveness. JPL director Dave Gallagher emphasised in a statement that the

Fery Rides Secures ₹2.075 Crore Seed Funding Led by IAN Angel Fund

Fery Rides, India’s first women-led mobility platform designed for women, has raised INR 2.075 crore in a seed funding round led by IAN Angel Fund, part of IAN Group. The round saw participation from Hari Balasubramanian, Uday Chatterjee, and Sri Prakash. The investment will support the company in

HCLTech to Increase Employee Salaries from October Following Robust Growth

HCLTech announced that it will begin giving its workers raises in October, following the lead of its bigger competitor Tata Consultancy Services (TCS), which did so last month with the support of robust revenue growth, improved deal visibility, and sizable artificial intelligence (AI) income. The percentage increase that HCLTech would

Harvard Flags 10 College Degrees Losing Value - Could Your Career Be on the Line?

Harvard University has highlighted that some college degrees may no longer offer the same career value as in the past. In a recent study, economists and faculty pointed out that certain fields are seeing declining returns in terms of career opportunities and earning potential. This has raised questions about the

Two Brothers Organic Farms Raises ₹110 Crore in Series B to Expand Manufacturing and International Presence

Pune-based direct-to-consumer (D2C) brand Two Brothers Organic Farms (TBOF) has successfully raised INR 110 crore (approximately $12.5 million) in a Series B funding round. The round saw participation from 360 One Asset, Rainmatter Investments, the Narotam Sekhsaria family office, and IGNITE Growth LLP. This follows the company’s Series

Andrew Tulloch Quits Mira Murati’s Thinking Machines Lab to Join Mark Zuckerberg’s AI Team at Meta

Andrew Tulloch, co-founder of Mira Murati’s AI startup Thinking Machines Lab, has left the company to join Meta Platforms, the parent company of Facebook and Instagram. The move highlights the growing competition among global tech firms for top artificial intelligence talent. Andrew Tulloch exits Thinking Machines Lab to join

Alliance Air Launches Fixed Fare Scheme, Offers Stable Airfares Till December 31

Alliance Air, a government-owned regional airline, introduced 'Rates Se Fursat', a new pricing programme, on Monday to relieve travellers of the burden of fluctuating rates. According to an official, the latest initiative, which was introduced by Civil Aviation Minister Rammohan Naidu Kinjarapu in front of Civil Aviation Secretary

Daily Indian Funding Roundup & Key News – 13th October 2025: GoodScore Raises $13 Mn, Dezerv Secures $40 Mn, Chara Technologies Gets $6 Mn, Jio Payments Bank & Foxconn Updates

India’s startup and corporate ecosystem witnessed significant developments on 13th October 2025, with notable funding rounds, technological advancements, and strategic investments. Key highlights include fintech startup GoodScore raising $13 million, wealthtech firm Dezerv securing $40 million, and deep-tech Chara Technologies obtaining $6 million. Additionally, Jio Payments Bank forays into

ED Allows Flipkart to Settle FEMA Violation Case by Paying Penalty

According to various media reports, the Enforcement Directorate (ED) has offered to close a FEMA violation case against the Walmart group company Flipkart, provided it acknowledges its error and pays a fine. Flipkart was granted the option last week by the Enforcement Directorate in accordance with the Foreign Exchange Management

Jio Payments Bank forays into next-gen tolling services for Multi-Lane Free Flow (MLFF) road projects

The payments bank is leveraging its digital payments capabilities to serve the nation through infrastructure-linked financial services  Jio Payments Bank Limited (JPBL), a digital-first payments bank and a subsidiary of Jio Financial Services Limited (JFSL), has won a contract to implement the FASTag Automatic Number Plate Recognition (ANPR)-based MLFF

Foxconn to Invest INR 15,000 Crore in Tamil Nadu, Creating 14,000 Jobs

Tamil Nadu's industries minister, TRB Rajaa, announced today that Foxconn, a Taiwanese contract manufacturing giant, would invest INR 15,000 crore in the state, generating 14,000 high-value jobs. The minister claims that this is the state's biggest-ever commitment to engineering jobs and that it will