Accel India Sells 1.3% Urban Company Stake Worth ₹272 Crore
Accel India IV has sold a 1.3% Urban Company stake worth ₹272 crore, with SBI Mutual Fund among the buyers…
From the newsroom
SEBI Settlement Costs: Plan Targets a 50% Cut
Key takeaways SEBI aims to reduce settlement-related costs by as much as 50%. The move could lower bills paid after…
Milky Mist IPO Draws 56 Times Demand on Final Day
Key takeaways The Milky Mist IPO received bids for about 56 times the shares offered. Large institutions led the rush…
Zaggle Q1 Profit Falls 33% Despite Revenue Gain
Key takeaways Zaggle reported a profit of Rs 17.5 crore for the June quarter. That profit was 33% lower than…
WhatsApp Scam Alert Beta: Meta Tests On-Device AI
Key takeaways Meta has confirmed a beta test for an AI tool that may spot scam signs in WhatsApp chats.…
Microsoft China Revenue Falls to 1.5% as 15 Offices Close
Key takeaways Microsoft’s China business now accounts for about 1.5% of its total revenue. The company has closed 15 offices…
China cloud spend reaches $147 billion as AI agents grow
Key takeaways China cloud spend has reached an estimated $147 billion as companies add more online computing power. AI agents…
India Data Centre Capacity Hits 1,575 MW
Key takeaways India’s data-centre capacity has grown to 1,575 MW from its 2020 base. The increase is more than fourfold,…
Voltas Q1 Profit Rises 53% to Rs 214 Crore
Key takeaways Voltas reported a 53% rise in quarterly net profit to Rs 214 crore. The firm plans a joint…
Wholesale Inflation Eases to 9.78% in July as Fuel Prices Cool
WPI inflation eased to 9.78% in July as fuel prices cooled, though primary article inflation rose to 8.52% and food…