Curefoods Takes Over Krispy Kreme’s South & West India, Eyes 350 New Locations

Curefoods has acquired the South and West India operations of Krispy Kreme from Landmark Group. As part of the deal, Landmark Hospitality Services will take a stake in Curefoods India, and a franchising agreement has been signed to expand Krispy Kreme in India. The acquisition aims to help Curefoods grow its presence in India’s food service market, with plans to open 350 new Krispy Kreme outlets across the country in the next five years.

By Avi G

India’s Venture Capital Soars 14.1% in 2024, Hits $16.77 Billion

Venture capital (VC) activity in India grew by 14.1% in 2024, reaching $16.77 billion across 888 deals. The technology sector led with a 52.5% increase in investments, while consumer discretionary also saw notable growth. Key deals included KiranaKart Technologies and Poolside AI SAS. Experts predict further growth in 2025, driven by IPOs and late-stage funding. India’s VC ecosystem remains strong despite economic concerns and global challenges.

By Avi G

Compensation for Delayed Private Trains Stopped by Railways, RTI Exposes

The Indian Railway Catering and Tourism Corporation (IRCTC) has ended its compensation scheme for delays on private trains, according to a response from a Right to Information (RTI) query. The scheme, which had been in place from 2019 to 2024, was officially discontinued on February 15, 2024. It provided compensation for delays on Tejas trains running between New Delhi-Lucknow and Ahmedabad-Mumbai.

By Avi G

Tata Motors to Invest ₹914 Crore in Tamil Nadu for New Vehicle Plant

Tata Motors will invest ₹914 crore in a new manufacturing plant in Tamil Nadu to produce high-end cars and SUVs. The facility, located in Panapakkam, Ranipet District, will focus on next-generation vehicles, including electric and luxury models. The company aims to increase production to over 2.5 lakh units per year, with the project moving forward in phases and creating 1,500 new jobs.

By Avi G

Coforge Partners with ACORD to Revolutionize Insurance Tech

Coforge Ltd has partnered with ACORD Solutions Group to boost digital transformation in the global insurance industry. As part of ACORD’s Licensed Integrator Partner program, Coforge will use ACORD’s Transcriber and ADEPT platforms to improve key insurance processes like document digitization, claims management, and data exchange. This collaboration highlights Coforge’s focus on creating connected enterprise solutions.

By Vishal Kumar

AI/ML and Analytics Lead as Top Job Demands in Tech, Says Nasscom Report

AI/ML and analytics are the top job areas in demand, with cybersecurity now more popular than cloud roles. The most sought-after jobs include Data Scientist, AI/ML Expert, Cybersecurity Specialist, Cloud Architect, and DevOps Engineer. More people are using GenAI tools for learning and development. There’s also a shift toward hybrid work, with some returning to the office. Job satisfaction and career growth are key for Gen Z and millennials.

By Vishal Kumar

Scammers Impersonate CBI, Dupe NRI Sisters of Rs 1.9 Crore in India

Two NRI sisters were scammed out of Rs 1.9 crore in Lucknow by fraudsters who pretended to be officers from the Mumbai Crime Branch. The scammers claimed their bank accounts were tied to terrorist activities and pressured them into transferring the money to avoid being arrested. A case has been filed, and Rs 25 lakh has been recovered. The investigation is still ongoing, with similar scams happening across India.

By Avi G

Paytm to Cash In on $250 Million Stake Sale in PayPay Corporation

Paytm's parent company, One97 Communications, has approved the sale of its stake in PayPay Corporation, a digital payments company in Japan. The deal, which still needs corporate approvals and other conditions to be met, will boost Paytm Singapore’s cash balance. After the announcement, Paytm’s stock saw a big jump, and the company recently reported a strong profit for the second quarter of 2024.

By Avi G

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