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INSIDE UNACADEMY'S LAB OF RUSHED EXPERIMENTS
The startup is grappling with unsuccessful acquisitions and the challenges of establishing an offline presence
EU says Ukraine will feature prominently in its India talks
European diplomat Sannino expects India to support western sanctions on Russia
As hybrids gain popularity, sceptics ask if they are sufficiently green
More emissions are produced when making EVs and their batteries than when making gasoline-only cars
China's metal demand takes a different shape as housing slumps
While China's housing market could take a while to recover, steel demand is getting a manufacturing and infra boost
AI finds an unlikely benefactor: Blackstone CEO Schwarzman
The newly christened Schwarzman College of Computing at the MIT is set to open at the end of April
New classification may claw back TV viewers
ISEC may breathe life into ailing genres such as English entertainment
How Perplexity AI plans to disrupt Google's monopoly
The company's CEO is confident that it will emerge as a true challenger to the search giant
Indian pharma cos eye weight-loss mkt
Indian drug-makers aiming to grab a slice of the burgeoning weight-loss treatment sales pie, both at home and abroad, have begun developing their own versions of Novo Nordisk's wildly in-demand Wegovy.
Birla eyes profits, ₹10,000 cr revenue for paints biz in 3 yrs
Aditya Birla Group enters the decorative paints market, eyes number two spot in India
Bharat Highways InvIT to float ₹2,500 crore IPO on 28 Feb
Bharat Highways Infrastructure InvIT, an investment trust, on Thursday said it will launch its ₹2,500 crore initial public offering (IPO) on 28 February.
Nifty hits record high amid volatile trading
The Nifty soared to a record high of 22,252.50 for the fourth straight session on Thursday after gyrating 377.25 points between the day’s low and high.
Office demand sees green shoots
The resurgence of Global Capability Centers (GCCs) has helped demand for Grade A office spaces make a comeback. This has meant an improved leasing trajectory for office asset owners, who have been grappling with muted demand lately.
Cutbacks, salary delays at Log9
Nanotechnology startup Log9 Materials has laid off more than 115 contract workers at its Bengaluru factory and postponed January salaries for employees, and payment to vendors, according to people aware of the matter.
Xoriant's digital engineering push with MapleLabs buyout
Xoriant, a California-based software engineering and digital services firm supported by homegrown private equity major ChrysCapital announced on Thursday the acquisition of Bengaluru-based technology solutions provider MapleLabs Inc. The company, however, did not disclose the financial details of the transaction.
ChatGPT spews gibberish, OpenAI blames it on 'bug'
OpenAI updated the page with a message stating the tool was operating normally after over 16 hours
CVC Cap partners agrochem veteran for chemicals play
European private equity firm CVC Capital, which announced the close of its sixth and latest Asia-focussed vehicle earlier this week, on Thursday said it has partnered with the agrochemical industry veteran Rajan Gajaria to invest in global chemicals and CDMO (contract development and manufacturing organizations) businesses.
KKR to bring chunk of Asia infra fund to India
To expand investment horizon from Fund II after deploying 30% of Fund I
Readymade garment exports up in Jan
Key products such as crude oil, auto, chemicals, textiles etc. and steel have been affected by the Red Sea crisis
Cabinet panel okays BrahMos missiles buy for Navy
In a significant move, the Cabinet Committee on Security (CCS) has accorded approval for the procurement of more than 200 BrahMos supersonic cruise missiles and associated equipment for the Indian Navy at a cost of around ₹19,000 crore, people familiar with the matter said on Thursday.
Japanese stocks hit pre-bubble record
Japan's benchmark stock average on Thursday broke the record closing high set more than 34 years ago, a milestone in the country's recovery from a popped bubble that left the economy in the doldrums for decades.
Space FDI to fuel nascent segment
Opening up FDI comes after the space policy for private sector was introduced in April last year
Hero Future to raise $200 mn before IPO
The spate of deals in India’s renewable energy space continues with Rahul Munjal-led Hero Future Energies Pvt. Ltd looking to hire JP Morgan for a pre-initial public offering (IPO) fundraising. The deal is expected to have an equity value of around $200 million, said two people aware of the development.
Jio BP, Adani, Shell in talks to charge up highways
Adani Total Energy, Jio BP, Shell Mobility and the Aditya Birla Group are among private entities in talks with the government to set up charging stations along national highways under a new initiative to enhance electric mobility, two people aware of the development said.
Premature change in policy action may hurt, warns MPC
Five members of the central bank’s six-member rate-setting committee warned against any premature change in policy action while embarking on the \"last mile of disinflation\", and voted to keep policy rates unchanged, minutes of its meeting held earlier this month showed.
Flurry of decisions likely as polls near
Cabinet to clear several proposals before election code kicks in
World Bank, Others Issue Rupee Bonds
The World Bank's lending arm and other global institutions have issued $1.4 billion worth of offshore rupee-denominated bonds so far this year to meet strong demand spurred by India's inclusion in JP Morgan's widely tracked emerging market debt index, two banking sources said.
What Consumers Need To Know About The Capital One-Discover Deal
Capital One on Monday announced a $35 billion acquisition of Discover Financial Services, and right on cue Elizabeth Warren demanded that the Biden Administration block it. Yes, the same progressives who complain that big banks and Visa and Mastercard are too powerful now want to shield them from competition.
New Treatments Are Emerging For Type-1 Diabetes
"WHERE ARE the islets of Langerhans?" is a trick question that pops up from time to time in quizzes. The answer is to be found not in atlases of geography, but rather in those of anatomy, for the so-called islets are in fact clusters of cells scattered through the pancreas. There they synthesise and release a range of hormones, including insulin, which regulates glucose levels and thus metabolism.
Indian Banks' Rush For Clients Set For Reckoning Post Paytm
The central bank may get tougher before governor Shaktikanta Das steps down this year
India, Greece Aim To Double Trade To About $4 Bn By 2030
Greek Prime Minister Kyriakos Mitsotakis on India visit, holds discussions with Modi