News and Trends: Page 3
PM Modi's Bold Vision and Resolve Transformed India From Digital Follower to Global Digital Leader: Scindia
Scindia described the nation's digital journey as nothing short of revolutionary, noting that in just 22 months, India has connected 99 per cent of its villages with 5G and brought 82 per cent of the population onto the network by deploying 470,000 telecom towers.
Arya.ag Reports 70% Rise in Profit; Achieves Net Revenue of INR 447 Crore
Disbursements via AryaDhan and partner banks totaled INR 2,000 crore. The company also recorded an improved take rate of 3.8 per cent, up from 3.4 per cent the previous year
HPCL PAT up by 18% YoY for Q4 FY25 to INR 3,355 Crore
Revenue for the year edged up to INR 4,66,346 crore from INR 4,61,638 crore, but the average GRM dropped to $5.74 per barrel, down from $9.08 in FY24.
Feline Spirits Raises ₹5.2 Cr in Pre-Series A Led by Inflection Point Ventures
Feline Spirits is currently operational across 8 states and union territories, with a diverse portfolio and having served more than 20 lakh customer base. The brand said it continues to expand strategically across both private and government-owned markets.
Porter Closes Series F Funding Round led by Kedaara Capital and Wellington Management
With the fresh capital, the company is set to expand operations across multiple cities, with the goal of serving millions of MSMEs and enabling livelihood opportunities for over 1 million gig workers.
Property Share Files Papers for ₹472 Cr IPO
The IPO will consist of a fresh issue of Titania units with no offer for sale (OFS) component. This Issue is being made through the book-building process and in compliance with the REIT Regulations and the REIT Master Circular.
Juniper Networks Expands Mist AI Platform with Client-to-Cloud Insights and Self-Driving Network Capabilities
The improvements aim to address the increasing complexity of modern networks by automating routine tasks, providing real-time visibility into application performance, and proactively resolving issues without manual intervention
91Trucks Secures $5M Series A Funding Led by Arkam Ventures
With the rising demand for new and pre-owned commercial vehicles across Tier 2 and 3 cities, 91Trucks is building an India-focused platform for small fleet operators and first-time buyers, providing access to vehicle discovery and buying, financing, and comprehensive post-purchase support.
PB Health Raises USD 218 Million in Seed Round Led by General Catalyst
PB Health plans to launch a 1,000-bed hospital network in Delhi NCR and has set its sights on phased expansion in other regions
CodeAnt AI Raises USD 2 Mn in Seed Funding to Streamline Code Review with AI
The company's platform is already being used by over 50 organisations, including Akasa Air, Cyient, Bureau and KukuFM
Dabur Net Profit at INR 320 Crore in Q4 FY25; Market Share Up in 90% Portfolio
Reinforcing shareholder value, the Board of Directors recommended a final dividend of 525 per cent, taking the total dividend for FY25 to 800 per cent.
The Fed Kept Rates Unchanged, But an Industry Veteran Says 'Mortgage Rates Will Drop.' Here's Why.
Federal Reserve Chair Jerome Powell said the Fed was taking a "wait and see" approach.
'It Is What It Is': Uber CEO Defends New Return-to-Office Policies at 'Heated' All-Hands Meeting
Uber's recent changes include adding a day to its hybrid work policy (from two to three) and upping the sabbatical eligibility requirement.
'Most Advanced and Interactive Destination in Our Portfolio': Disney Is Building a New Theme Park in the Middle East. Here's What We Know.
Disney CEO Bob Iger said the project is "ambitious."
BrowserStack Acquires Requestly to Bolster Developer Testing Tools
Post-acquisition, Requestly will remain open-source and operate independently while leveraging BrowserStack's resources to accelerate development.