Image for DeepSeek nears $45 billion valuation as China's 'big fund' leads investment talks, FT reports
Posted in Startups

DeepSeek nears $45 billion valuation as China’s ‘big fund’ leads investment talks, FT reports

Synopsis ​China’s ​biggest state-backed semiconductor ​investment vehicle, China Integrated ‌Circuit ⁠Industry Investment ⁠Fund, ​is in talks ​to lead the financing ​of ⁠DeepSeek’s first ‌fundraising ​that…

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Grocery delivery startup Apna Mart culls 10% of staff, moves base to Gurugram
Posted in Startups

Grocery delivery startup Apna Mart culls 10% of staff, moves base to Gurugram

Accel and Peak XV-backed grocery delivery startup Apna Mart has trimmed its headcount by 10% due to AI adoption in business operations and a decision…

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Posted in Economy

India services growth picks up in April on strong domestic demand, PMI shows

BENGALURU: India’s services sector growth picked up in April after falling to a 14-month low in March, driven by strong demand at home that offset…

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IIT-Madras launches centre in California, to be launchpad for Indian deeptech startups
Posted in Startups

IIT-Madras launches centre in California, to be launchpad for Indian deeptech startups

The Indian Institute of Technology Madras Global Research Foundation has announced the establishment of its first centre in the US, expanding India’s deep-tech innovation footprint…

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Google AI
Posted in Business

Neural Dispatch Google Translate’s longevity, Apple Intelligence and Meta’s robots

Cognitive warmup. The closer we get to the Apple iPhone keynote in September, the more you’ll begin to hear these nuggets of expected new features….

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Posted in Economy

India, US ‘very close’ to trade deal, need to get over last hurdle, Deputy Secretary of State Christopher Landau says

India and the US are “very, very close” to signing the trade deal and need to get over “that last hurdle”, US Deputy Secretary of…

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Union minister Ashwini Vaishnaw at a Cabinet briefing in New Delhi on Tuesday. (ANI)
Posted in Business

Cabinet clears 2 new chip units in Gujarat worth ₹3,936 crore

The Union Cabinet on Tuesday cleared the last two semiconductor units under the first phase of the government’s semiconductor mission, with an investment of ₹3,936…

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Posted in Startups

New-age wealthtech startups Trackk, Zomint in talks to raise funding from Z47, Lightspeed, others

Young Indian investors are catching the attention of VC firms, with a clutch of Gen Z focussed wealthtech companies in advanced negotiations with them to…

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Posted in Economy

Sugarcane FRP hiked to Rs 365/quintal for 2026-27 season

New Delhi: The government raised the minimum price payable to sugarcane farmers to ₹365 per quintal for the 2026-27 season from ₹355 the year ago…

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Credit growth signals economic strength: Finance Ministry
Posted in Economy

Credit growth signals economic strength: Finance Ministry

New Delhi: The finance ministry in a statement on Tuesday said robust credit growth demonstrates the resilient domestic economic environment and envisages enhanced appetite for…

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