Adani Power announced on 7 August that it had obtained a Letter of Intent (LoI) to invest $3 billion in the development and operation of a 2,400 MW greenfield thermal power project in Bihar. 2,400 MW Thermal Project to Supply Power to Bihar Utilities North Bihar Power Distribution
Key information about GPT-5 leaked through a blog post on GitHub is now deleted. Launch date, improvements, and more…
Former Google executive Mo Gawdat issued a warning on the Diary of a CEO podcast, stating that middle-class livelihoods would soon be destroyed by artificial intelligence (AI). He predicted that automation driven by AI would end all occupations, from podcasters to software engineers and CEOs, and that the disruption would
Key highlights: * Indian gifting startups raised $115.9M between 2015–2025 YTD, and $57.6K in 2025 YTD. * All-time funding in India stands at $159.4M * Indigifts was the only Indian startup to raise capital in 2025 YTD, backed by Ritesh Agarwal and Vineeta Singh * Top-funded Indian startups include Xoxoday
Aims to strengthen product innovation, expand offline retail and double down on tech and marketing RENÉE Cosmetics, one of India’s fastest-growing beauty brands, has raised $30Mn in a new funding round, at a valuation $200Mn. The round was led by Playbook with secondaries from Midas, including a mix of
TCS has announced a salary hike for approximately 80% of its employees, primarily from fresher to mid-level roles, starting September 1, 2025. This comes amid a challenging business climate and a planned layoff of around 12,000 senior staff.
Chennai, 7th August 2025 - Chemical-free high-quality fresh mangoes exporter MangoPoint raises USD 1 Million in Pre-series A round led by Inflection Point Ventures, one of India’s largest angel investing platforms to expand infrastructure, reach additional markets, strengthen backend and increase product portfolio. The round also saw participation from
Bengaluru, India, August 7, 2025 – Outzidr, the fast-growing fashion brand built for Gen Z women, has raised ₹27 crore (~$3.1 million) in a pre-Series A round led by RTP Global, with participation from existing investor Stellaris Venture Partners. Founded in 2024 by a team with deep fashion and operations
TCS cut off ties with vendors after laying off 12000 employees and is in the hunt for the right talent.
Mark Zuckerberg is said to be after a startup company that hasn’t launched a product yet. Know why…
2025 is becoming more intense with AI and layoffs, and Harsh Goenka discusses these 3 job roles in demand for hiring...
India’s startup and business ecosystem remained dynamic on August 6, 2025. Gaming startup SuperGaming raised $15 million in a Series A round led by Skycatcher and Steadview Capital, while The Sleep Company secured INR 480 crore in a mix of primary and secondary funding. In broader news, Antfin fully
According to reports, the Maharashtra State Road Transport Corporation (MSRTC) will introduce a passenger app that is based on an aggregator and will provide transport services on a single platform. One App, Multiple Rides: Buses, Autos, Taxis & E-Buses According to PTI, the app would let users schedule rides for
Thomas Dohmke, CEO of GitHub, took to his social media to warn developers to learn AI or be left behind. Learn more about what he said.
On July 5, the Alibaba Group affiliate business sold 3.73 Cr shares of the fintech giant through open-market transactions for INR 3,980.7 Cr, a day after rumours circulated that Antfin was seeking to sell its remaining interest in Paytm. Societe Generale, My Asian Fund Among Key Buyers
In 2019, Z47 made their initial investment of INR 107 crore in Ola Electric. The AI startup Krutrim and the ride-hailing company Ola Cabs are also owned by the venture capital fund. Z47 and Tiger Global’s Exit Strategy In October of last year, ET revealed that Z47 is reducing
The Pre-Series A Funding Marks Transition from Breakthrough Research to Prototyping, Validates LENR as a Scalable Clean Energy Alternative HYLENR, a clean energy startup harnessing patented Low Energy Nuclear Reactions (LENR) to develop scalable, carbon-free heat energy systems for industrial heat and power, today announced the successful closure of around
As part of a significant reorganisation, ClearTax has laid off 25% of its workforce, with new hires being among the most affected. Two months after being employed in June, the software developers were let go on August 1st, according to multiple “OpenToWork” and “LaidOff” profiles on LinkedIn. IIT Graduates Laid
Genie 3, a revolutionary development in AI-powered world models, was recently unveiled by Google DeepMind. With just one text prompt, this latest version can instantly produce dynamic, highly complex 3D environments. It will remember where you left off this time. A major advancement in simulations, agent training, and generative media,
As part of a significant restructuring of its audio division, Amazon is closing its Wondery podcast studio and laying off some 110 employees, according to Bloomberg News. In light of industry-wide difficulties, the move represents the tech giant's strategic shift away from its initial podcasting goals. As current
Palantir's stock soars 500%, meet the man who helped build the AI backbone, Shyam Sankar. Know his full story.
Taiwan Semiconductor Manufacturing Co. reported on 5 August that it has found possible trade secret leaks as a result of "unauthorised activities". The largest semiconductor maker in the world informed CNBC that it has initiated legal action and taken "strict" disciplinary action against the concerned staff.
India's startup and business ecosystem showed steady momentum on August 5th. Aerospace startup EON Space Labs secured $1.2 million in Pre-Series A funding to advance indigenous optical payload technology. Meanwhile, the corporate world saw significant movements, from Bluestone dialling down its IPO size to Capgemini announcing plans
Even after strong financial growth, Microsoft laid off employees at record-high numbers (15000+ employees). Know the full story.