Read more about the article Two Indore Techies Turned Their Startup into a Rs 100 Cr Powerhouse
Technology / Business

Two Indore Techies Turned Their Startup into a Rs 100 Cr Powerhouse

Akash Joshi and Ankur Pathak ditched their corporate gigs to start IMAST in 2016, right in Indore. They’ve pulled in big names like Raymond and Ashok Leyland, and now IMAST is worth a whopping Rs 100 crore. They’re known for shaking things up in digital transformation and keeping clients happy, and they’re now setting their sights on going global.

By Avi G
August 30, 2024
Read more about the article Zepto’s Valuation Soars 40% in Just 2 Months
Technology / Business

Zepto’s Valuation Soars 40% in Just 2 Months

Zepto, the speedy quick-commerce company, just upped its valuation to $5 billion thanks to an extra $340 million in funding. That's a huge 40% jump in just two months! This new cash injection, led by General Catalyst and backed by both new and old investors, shows Zepto's impressive growth and focus on ramping up its market presence and operations.

By Avi G
August 30, 2024
Read more about the article Nvidia’s Earnings Report Became the Hottest Pub Event in the US
Entertainment / Business / Technology

Nvidia’s Earnings Report Became the Hottest Pub Event in the US

Nvidia Corp.'s Q2 earnings report became the main event at US pubs, with bars swapping out their usual sports broadcasts for 'Earnings Watch Parties'. Instead of watching game replays, people were glued to stock tickers and candlestick charts, following Nvidia's financial performance closely. One viral social media post even showed fans totally engrossed in the earnings call.

By Avi G
August 29, 2024
Read more about the article SpiceJet Flights From Dubai Were Put On Hold Due To Payment Issues
Technology / Business / Politics

SpiceJet Flights From Dubai Were Put On Hold Due To Payment Issues

SpiceJet's flights from Dubai hit another snag on August 29 because of payment issues. Multiple flights had to turn back to India empty since the airline couldn't pay for parking. This is just another chapter in SpiceJet’s ongoing saga of financial troubles and operational problems. They’ve had a rough month with various disruptions, delayed employee wages, and even a recent court ruling that's affected their operations.

By Avi G
August 29, 2024
Read more about the article Court Decision: Rau’s IAS Study Circle Remains Closed After Drowning Tragedy
Politics / Business / Family

Court Decision: Rau’s IAS Study Circle Remains Closed After Drowning Tragedy

Delhi court just turned down the CEO of Rau’s IAS Study Circle’s request to reopen the coaching center where three students tragically drowned in July. The court mentioned issues like misuse of the building, no fire safety certificates, and doubts about the students' complaints. But don’t worry, students can still attend classes at other locations so their studies won’t be interrupted.

By Vishal Kumar
August 29, 2024
Read more about the article SBI Scam: How a Hyderabad Branch Manager Facilitated a Rs 175 Crore Fraud!
Technology / Business / Politics

SBI Scam: How a Hyderabad Branch Manager Facilitated a Rs 175 Crore Fraud!

So, there's been a huge mess at the Hyderabad SBI branch with a Rs 175 crore fraud. It turns out the branch manager and some of his pals were involved. They opened accounts for cybercriminals, helped move around a lot of cash, and sent it off to places like Dubai. Two main suspects are in custody now, and everyone’s being warned to watch out for dodgy banking stuff.

By Vishal Kumar
August 29, 2024
Read more about the article UPS Is NOT a Rollback of NPS, Nirmala Sitharaman Cleared Congress Allegations
Technology / Business / Politics

UPS Is NOT a Rollback of NPS, Nirmala Sitharaman Cleared Congress Allegations

Key Points Finance Minister Nirmala Sitharaman has made it clear that the new Unified Pension Scheme (UPS) isn't just a rollback of the National Pension System (NPS), but a whole new thing. The UPS will give a pension that's 50% of an employee's average basic pay from the last year before they retire, as long as they've worked for at least 25 years. Under the UPS, employees will chip in 10% of their basic salary and dearness allowance, while the government will…

By Vishal Kumar
August 28, 2024

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