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Sarvam AI Cofounder Vivek Raghavan Bats For 'Sovereign AI'

India, April 9 -- Amid the ongoing global AI race, India must focus on building a 'sovereign AI' ecosystem to ensure autonomy over its data, Sarvam AI cofounder Vivek Raghavan has said. With GenAI in... Read More


Swiggy Gets Tax Demand Of INR 7.6 Cr From Maharashtra Govt

India, April 7 -- The Maharashtra government has ordered Swiggy to pay INR 7.59 Cr in back taxes for alleged violation of professional tax deduction from employees salary. The Office of the Professio... Read More


Ola Electric Counted Unlaunched Models In February Sales: Report

India, April 7 -- Ola Electric is staring at strict regulatory action after the Bhavish Aggarwal-led company allegedly counted bookings of electric scooters and motorcycles that have not even been rol... Read More


[Update] FirstCry Invests INR 73 Cr In Globalbees

India, April 5 -- Update | April 5, 12:55 AM A couple of weeks after announcing its plans to infuse INR 146 Cr in its ecommerce roll up business Globalbees, FirstCry on Friday (April 4) said it has t... Read More


Paytm Launches New Soundbox To Offer Visual Payment Alerts

India, April 4 -- Fintech major Paytm today launched an upgraded version of its soundbox device, which features a built-in digital screen for instant visual payment alerts. Dubbed the 'Mahakumbh Soun... Read More


Over 2,500 Metric Tonnes Of EV Battery Waste Collected In Last 3 Years: Govt

India, April 4 -- Recyclers in India have collected 2,570.26 metric tonnes of lithium-ion waste batteries generated from electric vehicles (EVs) in the last three years, Union Minister of State for En... Read More


US Tariffs An Opportunity, Manufacturing Needs Big Push: Accel's Prashanth Prakash

India, April 3 -- The Indian manufacturing ecosystem needs a big push to weather the US tariff storm, according to Accel partner Prashanth Prakash. "The biggest push has to come in manufacturing and ... Read More


Ola Electric Piloting Same Day Registration & Delivery Of EVs

India, April 3 -- Bhavish Aggarwal-led Ola Electric is piloting a new service dubbed 'Hyper Delivery' that will see the company offer same day registration and delivery of its escooters. Ola Electric... Read More


Coworking Space Provider DevX Refiles DRHP, Increases Fresh Issue Size

India, April 3 -- Coworking space provider DevX (Dev Accelerator Ltd) has refiled its draft red herring prospectus (DRHP) after capital markets regulator SEBI returned its IPO papers in February this ... Read More


Flipkart Singapore Parent Infuses INR 3,249 Cr In Marketplace Arm

India, April 3 -- Walmart-owned ecommerce giant Flipkart, through its Singapore holding company, has infused INR 3,248.9 Cr (around $379 Mn) in its marketplace arm, Flipkart Internet, according to fil... Read More