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[Update] Purple Style Labs IPO Stays 8% Subscribed At Close Of Day 1

India, Aug. 31 -- Update| August 31, 2026, 18:04 IST Pernia's Pop Up Shop parent Purple Style Labs' initial public offering (IPO) was only subscribed by 8% by the end of the first day of bidding. Th... Read More


PhonePe Launches UPI Payments For Feature Phones

India, Aug. 31 -- Walmart-owned fintech major PhonePe has launched UPI payments for feature phones, mobile phones that handle basic calling and text messaging, enabling them to make digital transactio... Read More


Pernia's Pop-Up Parent IPO: Issue Subscribed 8% On Day 1 Till Now

India, Aug. 31 -- Pernia's Pop Up Shop parent Purple Style Labs' initial public offering (IPO) got off to a subdued investor on the first day of bidding. As of 14:48 IST, investors have cumulatively p... Read More


Zomato Bans Sale Of Analogue Dishes On Its Platform

India, Aug. 31 -- Amid growing concerns over analogue paneer, Zomato has announced a zero-tolerance policy against the sale of dishes containing analogue dairy products on its platform. It has also wa... Read More


Ola Electric Secures Centre's Rs.95.81 Cr Incentive Under PLI-Auto Scheme

India, Aug. 29 -- Electric two-wheeler maker Ola Electric has secured a Rs.95.81 Cr incentive under the government's Production Linked Incentive (PLI) Scheme from the Ministry of Heavy Industries. Un... Read More


[Update] Sandhya Devanathan Leaves Meta For New Role At OpenAI

India, Aug. 29 -- Update | August 29, 01:54 AM IST Hours after Sandhya Devanathan said that she had stepped down as the India and Southeast Asia vice president of social media giant Meta, it has now ... Read More


IPO-Bound Purple Style Labs Nets Rs.306 Cr From Anchor Investors

India, Aug. 28 -- Ahead of the commencement of the bidding for its public issue on August 31, Pernia's Pop Up Shop parent Purple Style Labs has raised nearly Rs.306 Cr from anchor investors. In a fil... Read More


Hero MotoCorp Buys Additional 3% Stake In Ather For Rs.1,758 Cr

India, Aug. 28 -- Over a month after Hero MotoCorp's board approved an investment in Ather Energy, the auto giant has now bought 1.18 Cr shares of the EV maker for Rs.1,758 Cr. "We would like to info... Read More


Meta India, Southeast Asia VP Sandhya Devanathan Steps Down

India, Aug. 28 -- Meta's India and Southeast Asia vice president Sandhya Devanathan has stepped down after more than a decade at the social media giant. In a LinkedIn post, Devanathan said, "After mo... Read More


Even Healthcare Lays Off 350 Employees Amid Hospital-Led Pivot: Report

India, Aug. 27 -- Healthtech startup Even Healthcare has reportedly laid off around 350 employees as it phases down its insurance business and redirects resources towards a hospital-led healthcare mod... Read More