Startups
Aakash Reports ₹2,443 Crore Loss in FY24 Following Byju’s Write-offs
Aakash Educational Services Limited (AESL) has reported a consolidated net loss of ₹2,443 crore for…
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Technology
Palmonas Raises ₹200 Crore, Valuation Jumps to ₹1,950 Crore
Demi-fine jewellery brand Palmonas, co-founded by actress Shraddha Kapoor, has successfully raised ₹200 crore in…
Technology
LIC Portfolio Erodes by ₹42,500 Crore Due to IT Sector Meltdown
Life Insurance Corporation of India (LIC), the country’s largest institutional investor, has seen its investment…
Stocks
IBM Stock Crashes 10% as Anthropic’s Claude AI Targets Legacy Systems
IBM witnessed a staggering 10% crash in its stock price, wiping out $31 billion in…
Indian Markets
Nifty IT Index Plummets 5% in Single Session Amid AI Disruption Fears
The Indian IT sector faced one of its worst trading sessions on Tuesday as the…
Regulations
Haryana Govt Recovers ₹578 Crore from IDFC First Bank in Record Time
In a major victory for the state exchequer, the Haryana Government has successfully recovered ₹578…
Indian Markets
Markets Rebound Then Plunge: Sensex and Nifty Decline Despite Previous Gains, IT Sector Struggles
The Sudden Market Reversal The Indian stock market has faced extreme volatility in recent trading…
Technology
Foreign Investment in U.S. Markets Hits All-Time High Amid Tech Boom
Unprecedented Inflows of Foreign Capital Foreign ownership of United States assets has surged to an…
Technology
DailyObjects Reports 31% Revenue Jump to ₹110 Crore Despite Rising Losses in FY25
Revenue Growth Masks Increasing Losses Direct-to-Consumer (D2C) lifestyle and tech-accessories brand DailyObjects posted mixed financial…
Technology
Urban Company’s InstaHelp Achieves Record 50,000 Daily Bookings in Less Than a Year
Rapid Expansion of Quick-Service Housekeeping Urban Company’s quick-commerce styled housekeeping vertical, InstaHelp, has recorded an…