LiveRoute Mobile to Buy AI Firm Phonon for Rs 29 Crore
Communication platform company Route Mobile will acquire AI platform provider Phonon Communications Pvt Ltd in an all-cash deal for Rs 29 crore, to offer automation...
Category : BUSINESS
Wipro Raises Q1 Revenue Growth Guidance Post Capco Acquisition
Post completion of Capco acquisition on 29 April, Wipro Ltd has raised its flagship IT services revenue growth guidance for the June quarter to 8-10...
HUL Q4 Profit Jumps to Rs 2,143 Crore
HUL reported a 41 per cent jump in net profit to Rs 2,143 crore for the quarter ended 31st March 2021, boosted by 16 per...
Tatas Acquisition of BigBasket Gets CCI Nod
The Competition Commission of India (CCI) has approved the acquisition by Tata Digital Limited of up to 64.3 per cent of the total share capital...
Bad Bank to Get Rs 2 Lakh Crore of Defaulting Companies Loans
The Indian Banks’ Association (IBA) has requested users to recognize big financial loans wherever they are guide bankers and get acceptance from colenders so that...
Elastic Run Gets $75 Million From Avataar And Other Ventures
Startups helping India’s more than 125,000 neighbors secure working capital and inventory of top brands and work with e-commerce companies to increase revenue are new...
ADB Raises FY22 GDP Forecast to 11%
The Asian Development Bank (ADB) said on Wednesday that India’s GDP will rebound strongly by 11 per cent in 2021-22 due to continued economic recovery...
Google Is Saving Over $1 Billion a Year By Working From Home
With Covid-19 restrictions lifting, more people are booking trips and hotels online, which is very good for Google’s advertising business. Google’s employees, however, are working...
Freshworks Hires Banks for IPO
Freshworks Inc, a US maker of business and customer engagement software that competes against Salesforce.com Inc, has hired investment banks to prepare for a US...
Urban Company Raises Fresh Funds Worth Rs 1,410 Crore
Urban Company, the on-demand home services marketplace, has raised $188 million Rs 1,410 crore in a funding round led by Prosus, the entity that holds...