HCLTech acquires Guardian India Operations for $10.5 million
HCLTech has announced the acquisition of Guardian India Operations, the India Global Capability Centre (GCC) of The Guardian Life Insurance…
From the newsroom
Ather’s Rs 1,300 crore QIP subscribed over 8x
Ather Energy’s ₹1,300-crore Qualified Institutional Placement (QIP) has received an overwhelming response from institutional investors, with the issue being subscribed…
PhysicsWallah buy 51% stake in Sarrthi IAS for ₹71.8 crore
PhysicsWallah (PW) has approved an investment of ₹71.81 crore in Sarrthi IAS, increasing its ownership in the UPSC coaching platform…
SBI Funds Management IPO oversubscribed 42x on final day; GMP at 16%
SBI Funds Management’s ₹9,813 crore initial public offering (IPO) closed with an overwhelming response from investors, receiving bids for 41.66…
Jio Financial Q1 Profit Jumps 156% to Rs 830 Crore
Jio Financial Q1 profit jumped 156% year on year to Rs 830 crore as lending, payments, insurance and asset management…
Skyroot targets July 18 launch of India’s first private orbital rocket Vikram-1
Skyroot Aerospace is targeting July 18 for the maiden launch of Vikram-1, which, if successful, will become India’s first privately…
UPI merchant fee likely to be set at 5-7 basis points
The Government of India is reportedly considering the return of a Merchant Discount Rate (MDR) for large-value UPI transactions, with…
Agritech startup ‘Rize’ raises $31 Million
Agritech startup Rize has raised $31 million in a Series B funding round to accelerate the adoption of technology-driven farming…
OnePlus plans to replace OxygenOS with Oppo’s ColorOS
OnePlus is reportedly planning to phase out OxygenOS and transition future devices to Oppo’s ColorOS as part of a broader…
Kunal Shah steps down as Cred promoter, retains 20% Stake
CRED founder Kunal Shah has stepped down as the company’s promoter and resigned from its board of directors following his…