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X Suffers Another Outage, Down For Several Thousand Users

India, May 24 -- Social media platform X suffered a major outage this evening, leaving thousands of users unable to access the platform through its website as well as app. The platform showed an erro... Read More


Eternal May See Outflow Of INR 3,235 Cr As FTSE Cuts Weight In Indices

India, May 24 -- Global index provider FTSE Russell's decision to cut Zomato parent Eternal's investability weighting in its indices may lead to an outflow of INR 3,235 Cr (about $379.8 Mn) from the s... Read More


Tata Digital CEO Naveen Tahilyani Resigns

India, May 23 -- Naveen Tahilyani has stepped down from the role of CEO and MD of Tata Digital, the digital arm of Tata Group, after just one year. He will now join UK-based Prudential Plc as regional... Read More


Zepto Cafe Halts Operations In Multiple Cities

India, May 23 -- Quick delivery major Zepto's quick food delivery arm Zepto Cafe has temporarily shut operations in multiple small cities, mostly in north India, like Agra, Chandigarh, Meerut, Mohali ... Read More


Trump Fires Another Salvo: Warns Apple Of 25% Tariff On iPhones Made In India

India, May 23 -- Taking another shot at Apple's manufacturing plans for India, US president Donald Trump has said that the company would have to pay at least 25% tariff on iPhones manufactured outside... Read More


Ola Electric Gets Board Nod To Raise INR 1,700 Cr Debt

India, May 22 -- EV major Ola Electric's board has approved a proposal to raise up to INR 1,700 Cr debt via non-convertible debentures (NCDs), term loans, working capital facilities, or any other elig... Read More


Mamaearth Q4: Profit Falls 18% to INR 25 Cr

India, May 22 -- Mamaearth parent Honasa Consumer's consolidated net profit declined 18% to INR 25 Cr from INR 30.4 Cr in Q4 FY24. On a QoQ basis, the profit declined 3.8% from INR 26 Cr. The D2C bra... Read More


Miraggio Nets INR 55 Cr To Build Omnichannel Play In Non-Metros

India, May 20 -- D2C lifestyle brand Miraggio has raised INR 55 Cr ($6.5 Mn) in its Series A funding round led by RPSG Capital Ventures and Client Associates Alternate Fund. It also saw participation ... Read More


Lathika Pai Sues Microsoft, Seeks INR 35 Cr For Alleged Unfair Dismissal

India, May 20 -- Lathika Pai, a senior figure in the Indian startup ecosystem and a former Microsoft executive, has filed a civil suit against Microsoft India and Microsoft Corporation seeking INR 35.... Read More


MeitY Startup Hub Partners Razorpay To Boost Deeptech Startups

India, May 20 -- MeitY Startup Hub has partnered with fintech unicorn Razorpay to foster deeptech and emerging tech startups across the country. The partnership aims to empower startups with access t... Read More