Cars24 acquires vehicle information management startup CarInfo in Rs 400 crore deal
Posted in Startups

Cars24 acquires vehicle information management startup CarInfo in Rs 400 crore deal

SoftBank-backed used car sales platform Cars24 has acquired Delhi-based vehicle information management startup CarInfo. The deal size was around Rs 400-425 crore, people in the…

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Founded by childhood friends and moviemakers Ritesh Sidhwani (left) and Farhan Akhtar in 1999, Excel Entertainment produced its first film ‘Dil Chahta Hai’ in 2001. (HT)
Posted in Business

Farhan Akhtar’s Excel Entertainment sells 30% stake to Universal Music in landmark deal| Business News

Farhan Akhtar’s Excel Entertainment Pvt. Ltd. has sold a minority stake to Universal Music Group NV’s India unit, in a deal that pegs the valuation…

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Polymage Labs ties up with US-based Tenstorrent to develop AI compiler
Posted in Startups

Polymage Labs ties up with US-based Tenstorrent to develop AI compiler

Polymage Labs, a deep-tech startup incubated at the IISC, has entered into a strategic collaboration with US-based Tenstorrent Inc to develop an AI compiler for…

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India likely to retain 4% inflation target for central bank, Bloomberg News reports
Posted in Economy

India likely to retain 4% inflation target for central bank, Bloomberg News reports

India is likely to retain ‍the existing inflation target ​for its central bank with ⁠the setup viewed as effective in managing prices, Bloomberg News reported…

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Awfis CFO Ravi Dugar steps down; Sumit Rochlani takes over
Posted in Startups

Awfis CFO Ravi Dugar steps down; Sumit Rochlani takes over

Ravi Dugar, chief financial officer (CFO) of the co-working company Awfis, has stepped down from his role to pursue new career opportunities, the company said…

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RBI has raised concerns over rising digital fraud cases and unresolved customer complaints across banks. (REUTERS)
Posted in Business

Govt seen unlikely to change RBI inflation target in upcoming revision| Business News

The government is likely to retain the Reserve Bank of India’s inflation target, as the existing mechanism is seen as effective in managing inflation in…

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Posted in Economy

‘Relieve the tariff,’ US senator says Indian envoy asked him to convey to Trump amid oil squeeze

New York/Washington: US Senator Lindsey Graham has claimed that Indian Ambassador to the US Vinay Kwatra informed him about New Delhi reducing its purchases of…

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Swiggy launches EatRight in over 50 cities, targets health-conscious users
Posted in Startups

Swiggy launches EatRight in over 50 cities, targets health-conscious users

Swiggy on Monday announced the launch of EatRight, a new category targeting health-conscious users across more than 50 cities by offering them health-focused food options…

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Posted in Economy

Childcare emerges as key HR focus under Social Security Code

New Delhi: The potential rollout of the Social Security Code is pushing childcare benefits back into sharp focus at India Inc, with companies reassessing both…

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Posted in Economy

PM monitoring 15 high-priority projects worth Rs 1.12 lakh crore in J-K: CS Dulloo

Jammu: World-class infrastructure is being developed across Jammu and Kashmir, with mega projects being fast-tracked through coordination between the Centre and the Union Territory under…

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