Amazon to Join Govt E-Commerce Platform ONDC
On Friday, e-commerce platform Amazon said to join the government’s open source, not-for-profit, e-commerce podium Open Network for Digital Commerce (ONDC). For now, Amazon’s logistics...
Tag : Microsoft
S&P 500 Closes Lower as Investors Worry About Interest Rates
On Friday, the S&P 500 ended lower, dragged down by Microsoft and Nvidia, as investors worried that inflation and a strong US economy could prompt...
PhonePe Raises $350 Million From General Atlantic at $12 Billion valuation
Walmart-owned fintech PhonePe raised $350 million in funding from General Atlantic at a pre-money valuation of $12 billion. The investment marks the first of a...
ISRO And Microsoft Join Forces to Boost India’s Space Tech Ecosystem
Indian Space Research Organisation (ISRO) and Microsoft signed a memorandum of understanding on January 5 to help Indian space technology startups with technical tools, go-to-market...
Microsoft to Buy 4% Stake in London Stock Exchange
Microsoft will take a 4% stake in the London Stock Exchange Group as part of a 10-year business deal to move the exchange operator’s data...
Chai Point Targets IPO Within 18-24 Months
Bengaluru-based tea restaurant chain Chai Point plans to launch an initial public offering in the next 18 to 24 months. It is banking on its...
SaaS Unicorn Icertis Raises $75 Million in Debt Financing
According to filings with the US Securities and Exchange Commission, contract management software-as-a-service (SaaS) unicorn Icertis has raised $75 million in debt financing. The debt...
B2B Ecommerce Firm Udaan Raises $120 Million Via Convertible Notes
Business-to-business e-commerce major Udaan has raised $120 million in convertible notes and debt from bondholders and shareholders said India’s largest business-to-business e-commerce company amid a...
Microsoft Lays Off About 1,000 Jobs Amid Global Economic Slowdown
Microsoft has fired about 1,000 employees across multiple divisions like the Xbox and the Edge teams. The layoffs affected less than 1 per cent of...
Microsoft Hikes Dividend 10%, Topping Inflation Rate
On Tuesday morning, Microsoft (NASDAQ:MSFT) announced 10 per cent dividend hike. While the dividend yield is only 1.1 per cent, the 10 per cent hike...