Swiggy Lost $ 200 Million Ahead of IPO Plans
Due to its plans to go public, the Indian delivery company Swiggy lost $200 million in the nine months ending in December 2023.AWS India, EkStep Foundation Join Hands to Create Public Service Delivery through JIC
Amazon Web Services (AWS) India and EkStep Foundation, a Bangalore-based non-profit organization have joined hands to create public service...Amazon Increases $ 2.75 Billion Investment in Anthropic
Amazon has increased its $2.75 billion investment in Anthropic, a start-up that faces off against Google and OpenAI in the race to develop...Microsoft Names Pavan Davuluri as its New Windows and Surface Chief
According to reports, Indian-American a technology major, Microsoft named Pavan Davuluri as its new Windows and Surface chief, per an internal...95% of foreign investors face obstacles to doing business in India - PwC survey
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Ericsson AB to Layoff 1,200 Employees in Sweden to Deal with Decline in Orders
Globally renowned manufacturers of 5G networking equipment,...E-Commerce Platforms Experience Record-Breaking Sales During Holi
E-commerce platforms like Flipkart, Swiggy, Blinkit, and Zepto are seeing record-breaking sales during the Holi holiday.Government's New Policy to Cheer Eco-Friendly Transport Options, Electric Vehicle Models
Government’s new policy is expected to encourage environmentally friendly transportation options, with the Indian auto industry gearing up to...Wipro Promotes 25 Employees to Vice President Roles, Six to Senior Vice President Roles
Wipro, an IT services company, has promoted 25 employees to vice president positions and six employees to senior vice president positions....Fintech Startup Yenmo Earns $ 500,000 in Funding Round
Instant loans against mutual funds are offered by the fintech platform Yenmo, which has raised $500,000 in a seed fundraising round headed by US...UN General Assembly Unanimously Adopts First Global Resolution on AI
The UN General Assembly unanimously voted for a first global resolution on artificial intelligence to uphold data protection, risk monitoring for...Supreme Court Put Stay on Govt's Fact-Check Unit Notification
The Supreme Court stayed a government notification that set up a Fact Checking Unit under the Press Information Bureau to identify fake news...
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