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HCLTech Announces $1.5 Bn Investment To Build Maiden AI Data Centre In Odisha

India, July 24 -- IT major HCLTech has signed a memorandum of understanding (MoU) with its invested company Sarvam AI and the Odisha government to set up an AI data centre within the state. The planne... Read More


HCLTech, Sarvam AI Join Hands For $1.5 Bn AI Data Centre In Odisha

India, July 24 -- IT major HCLTech has signed a memorandum of understanding (MoU) with its invested company Sarvam AI and the Odisha government to set up an AI data centre within the state. The planne... Read More


Commerce Ministry Exempts Exports From FDI Restrictions

India, July 24 -- After years of industry lobbying, the commerce ministry has now relaxed foreign direct investment (FDI) rules to enable online marketplaces to export products from India. In a press... Read More


Swiggy Slumps Nearly 8% After Renewed Push To Cap Foreign Ownership

India, July 24 -- Shares of Swiggy tanked as much as 7.8% to Rs.242.60 during the intraday trading on the BSE, a day after the company's board approved a proposal to cap its aggregate foreign ownershi... Read More


Flipkart Set To Enter Food Delivery Market In Coming Weeks

India, July 24 -- Walmart-owned ecommerce giant Flipkart is set to enter India's food delivery market in the coming weeks, marking its latest expansion beyond ecommerce and quick commerce. Flipkart G... Read More


Fractal Q1: Profit Zooms 92% YoY to Rs.72 Cr, Revenue At Rs.913 Cr

India, July 23 -- AI and advanced analytics company Fractal saw a nearly 92% jump in profit after tax to Rs.72.3 Cr in the first quarter (Q1) of the fiscal year 2026-27 (FY27) as against Rs.37.7 Cr in... Read More


Inside VAHDAM's Rs.1,000 Cr Bet To Become India's Next Wellness Giant

India, July 23 -- Most Indian consumer-facing startups follow a familiar playbook: build a brand at home, find product-market fit, scale across India and then look overseas for growth. Global wellness... Read More


NCLT Stays BYJU'S Insolvency Bidding Process Till August 31

India, July 23 -- The National Company Law Tribunal (NCLT) has stayed the insolvency bidding process of embattled edtech startup BYJU'S parent Think & Learn Pvt Ltd until the next hearing on August 31... Read More


After ZeroPe, Ashneer Grover Launches Employee-Focused Lending Platform Fund My Staff

India, July 23 -- BharatPe cofounder Ashneer Grover has launched a new fintech venture, 'Fund My Staff', a platform that enables employers to act as guarantors for employees seeking small-ticket perso... Read More


Eternal Rolls In Q1 Profits, Zetwerk Vs Ayr Energy & More

India, July 23 -- Eternal's Q1 Profitable Show It was business as usual for Eternal in Q1. Buoyed by Blinkit's inventory model and food delivery vertical's steady march, the foodtech giant posted yet... Read More