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'No pitch deck needed': How Perplexity AI CEO Aravind Srinivas secured funding using his own product

India, Oct. 23 -- Aravind Srinivas has never made a "traditional" pitch deck to raise funding for Perplexity AI. Why bother, when he has his own product to do so. "Famously, the Series A was the only... Read More


Infosys promoters, including Nandan Nilekani, Sudha Murty opt out of rRs.r18,000-crore share buyback

India, Oct. 22 -- Infosys promoters and promoter group, including Nandan M Nilekani and Sudha Murty, have decided not to participate in the company's Rs.18,000 crore share buyback, according to a regu... Read More


Ola Group witnesses second case of death by suicide within six months

India, Oct. 20 -- Ola Group has witnessed by a second case of death by suicide in less than six months, this time involving its electric two-wheeler unit. The Bengaluru police has registered a case a... Read More


Ola Group sees second suicide case within six months, Bhavish Aggarwal booked

India, Oct. 20 -- Ola Group has witnessed by a second case of death by suicide in less than six months, this time involving its electric two-wheeler unit. The Bengaluru police has registered a case a... Read More


Maruti Suzuki says on course to deliver a record 50,000 cars on Dhanteras

India, Oct. 18 -- Maruti Suzuki India Ltd. is on track to deliver a record-setting 50,000 cars on Dhanteras, according to a company official, underscoring the resurgence in demand for cars following G... Read More


Infosys, Wipro share price show lingering pain for India's $280-billion IT industry

India, Oct. 17 -- How the stocks of Infosys Ltd. and Wipro Ltd. have moved today, a day after their quarterly results, is emblematic of a wider problem afflicting India's $283-billion IT services indu... Read More


Ola Electric launches Ola Shakti battery even as cell manufacturing plans stall

India, Oct. 16 -- Ola Electric Mobility Ltd. has launched its first non-automotive product, the Ola Shakti battery, at a time when its cell manufacturing plans have stalled and electric two-wheeler sa... Read More


Ola Electric enters India's battery-storage ecosystem even as cell plans stall

India, Oct. 16 -- Ola Electric Mobility Ltd. has launched its first non-automotive product, at a time when its cell manufacturing plans have stalled and electric two-wheeler sales have nosedived. Ola... Read More


Infosys, Wipro results today to test investor appetite for IT stocks

India, Oct. 16 -- After mixed quarterly earnings from Tata Consultancy Services Ltd. and HCL Technologies Ltd., the focus now shifts to Infosys Ltd. and Wipro Ltd. which are going to report their seco... Read More


Zepto gets $450-million funding in run-up to a likely IPO next year

India, Oct. 16 -- Zepto Pvt. Ltd. has raised a mammoth round of funding ahead of a likely IPO next year, and amid a market-share battle with Swiggy Ltd.'s Instamart and Blinkit owned by Eternal Ltd. ... Read More