As part of a company-wide restructuring spearheaded by new CEO Lip-Bu Tan, Intel Corporation has announced a new round of layoffs that will impact 2,400 more employees, bringing the total number of job cuts to almost 4,000 nationwide. Almost 2,400 jobs will be lost in Oregon alone,
The Wedding Company, a full-stack wedding planning and fulfillment platform, announced today that it has raised $1 million in a pre-seed funding round from a group of marquee investors. The round was led by LVX (previously LetsVenture), Tremis Capital, with participation from other notable angels, including Chaitanya Ramalingegowda, Wakefit cofounder,
New Delhi [India], July 15: Established in 1960, C.S. Panchal & Co. has carved a niche for itself in the manufacturing sector, specializing in high-quality cam components for various industries, including textiles, pharmaceuticals, and packaging. What started as a modest unit in Dariapur Khadia-Naka has flourished into a significant
According to the Securities and Exchange Board of India's (SEBI) most recent processing status statement from July 2025, WeWork India Management Limited (WeWork India), one of the country's top operators of flexible workspaces, has been approved by SEBI for its initial public offering (IPO). Up to
According to Jensen Huang, CEO of Nvidia Corp., the US government need not worry about the Chinese military enhancing its capabilities with the help of his company's goods. Huang claimed that the Chinese military will refrain from utilising US technology due to the dangers involved, which is the
After 40 years with the company, Vineet Agrawal, MD of Wipro Enterprises and CEO of Wipro Consumer Care & Lighting, will retire in January 2026. With effect from February 1, 2026, Kumar Chander, who is currently President of Southeast Asia and Yardley India, will take over as CEO. Chander will
While no fresh funding rounds were confirmed today, India’s startup and tech ecosystem saw significant developments across public markets, enterprise strategy, and civic innovation. From Ola Electric’s improving margins to Groww’s new platform, here are the key highlights. Key News Highlights for 14 July 2025 Ola Electric
According to observers, Apple may need a new CEO in order to avoid falling victim to AI. According to analysts Walter Piecyk and Joe Galone of LightShed Partners, Apple needs a CEO who is focused on products, even if Tim Cook, the company's current CEO, has brought operational
Ahmedabad (Gujarat) [India], July 14: In a market where tradition meets innovation, JB Jewels has quickly emerged as a trusted name in premium gold jewellery. Founded in 2018 by Javed Mirza, the brand is renowned for its intricately designed, lightweight pieces that blend timeless elegance with contemporary aesthetics. With a
Nvidia CEO Jensen Huang was warned by US senators about his impending travel to China. They advised him to stay away from businesses that are compromising US export restrictions on chips. There are worries about possible ways to get beyond technological protections. Nvidia maintained that their technology was establishing a
Ahmedabad (Gujarat) [India], July 14: Noria Pumps is a leading pioneer in manufacturing energy efficient Submersible Pumps and motors in Ahmedabad have constructed a wide and well-functional infrastructural unit that plays an important role in offering the latest water pumping solutions to a huge range of applications like micro irrigation,
Explore why creators and SaaS companies around the world are switching to this new platform for speed, security, and scale.
According to reports, Blinkit, Eternal's rapid commerce division, will transition to an inventory-led strategy on September 1. After the transition, the business will buy products straight from vendors instead of just keeping them in stock. Blinkit has already addressed its sellers to notify them of the switch to
On July 14, Ola Electric, a maker of electric two-wheelers, reported a larger consolidated net loss of INR 428 crore for the first quarter of the fiscal year 2025–2026 (Q1 FY26). In the same time frame last year, the company managed by Bhavish Aggarwal reported a net loss of
In accordance with regulatory orders, Jane Street, a New York-based capital market company, has placed INR 4,840 crore in escrow accounts. Jane Street has no imminent plans to start trading options in the Indian market again after this. A temporary account used to keep money or assets while two
Tata Consultancy Services (TCS), the biggest IT company in India, has stated that raising wages for its more than 6 lakh employees is their "priority" goal. TCS' Chief Financial Officer (CFO) Samir Seksaria stated, "My priority is getting back to the wage hike," without giving
Derivate X
New Delhi [India], July 12: As the founder of Derivate X, India’s first agency dedicated to LLM SEO (Large Language Model Search Engine Optimization), Apoorv is pioneering a shift in how companies think about search, discoverability, and digital memory. “Search is no longer about ranking links. It’s about
From Cookd’s pre-Series A funding to Flipkart’s ESOP buyback and regulatory updates in transport, here’s your quick roundup of the most important funding deals and business highlights for 11 July 2025. Daily Indian Funding Digest - 11 July 2025 Company Amount Raised Lead Investor(s) Purpose Cookd
In order to provide smooth first- and last-mile connectivity for commuters, the Bengaluru Metropolitan Transport Corporation (BMTC) and Bangalore Metro Rail Corporation Ltd. (BMRCL) have now opened up their transport data, enabling two apps, Namma Yatri and Tummoc. For more than ten years, this requirement has been in place. Users
The Maharashtra government is once again targeting ride-hailing services like Uber, and this time for its bus service. Pratap Sarnaik, the transport minister of Maharashtra, reportedly vowed a crackdown on Uber Shuttle and other aggregator bus operators for failing to obtain a government permit for the service, a week after
According to multiple media sources, Recruit Holdings, the Japanese parent company of Indeed and Glassdoor, plans to lay off about 1,300 employees. This accounts for approximately 6% of the workforce in the HR technology segment of the organisation. The layoffs, which are mostly in the US, impact a number
In a landmark move in its 92-year history, Hindustan Unilever Ltd. (HUL) has appointed Priya Nair as its next managing director. On July 31, 2025, Rohit Jawa will step down, and she will succeed him. The appointment of Nair will take effect on August 1, 2025. This action makes Priya
Following its initial debut in Bengaluru, Amazon has expanded its 10-minute delivery service, Amazon Now, to a few parts of Delhi. The business was excited about the favourable comments made by clients. This action demonstrates Amazon's dedication to the quickly expanding quick-commerce market in India, where rivals Zepto
According to an IMF statement, the rapid expansion of UPI has allowed India to surpass all other nations in terms of payment speed, while the use of traditional payment methods, such as credit and debit cards, is decreasing. The NPCI created the Unified Payments Interface, a real-time and instantaneous payment