Business

Bhubaneswar hosted the Vizag Tech Summit 2023 investor-industry road show on December 1-3 drew a good gathering of investors. The team lead by Dr. Srinibabu Gedela, CEO of Pulsus in this meeting highlighted the importance of technology applications in various industry. The road show brought together some of the top minds in the industry, discussing a range of topics and providing attendees with a glimpse...

Unicorn Darwinbox, the fastest-growing Unicorn HR tech platform from Asia, announced it will add 300 more full-stack engineers at its newly opened Global Headquarters in Hyderabad on Monday. The company also has set a target to go public in the next 3 years. The new engineers will join the 700 engineers housed at the 1000-seat site spanning 75,000 sft. The new HQ will empower the...

Prime Minister Narendra Modi today dedicated to the nation projects worth 10,500 Crores. He laid the foundation stone and dedicates multiple projects in Visakhapatnam, Andhra Pradesh. He also emphasised the need to strengthen Blue Economy. Addressing the people of the state and the nation PM Modi said “People of Andhra Pradesh have made a prominent name for themselves in every field” He added, “The path to...

Indian stock market indices continued its strong momentum on Monday as benchmark Sensex crossed the 60,000-mark and Nifty 50 inching towards the 18,000-level. Investor favorites like Reliance Industries, Bajaj twins, HDFC Bank, TCS powered were leading the broader markets. Among the biggest gainers were the IT stocks due to updside movements in NASDAQ and global stock markets, while significant rally was noted in the pharma...

Today, On October 24, the two biggest stock exchanges in the world, the BSE and the NSE, will host a one-hour special Muhurat Trading session to mark the start of a new Samvat 2079, the Hindu calendar year that starts on Diwali. The time period for the symbolic trading session was published by the stock exchanges in separate circulars as 6:15 to 7:15. Trading...

Indian civil aviation received praise from the Prime Minister, Shri Narendra Modi, for not only reaching the 4-lakh daily passenger mark but also for achieving the highest numbers ever since the pre-Covid 19 era. Additionally, according to Shri Modi, the emphasis is on enhancing connectivity across India, which is crucial for "Ease of Living" and economic development. Quoting a tweet by the Civil aviation Minister,...

Twitter Deal Update: Elon Musk expanded his list of justifications for wanting to cancel his $44 billion agreement to acquire the social media site on Friday. One of them is a severance payment made by Twitter to a whistleblower. According to a copy of the letter submitted to the Securities and Exchange Commission, the company was accused of failing to inform him about a multi-million...

By 2025, the Africa's Internet economy has the potential to contribute $180 billion to their nation's economy, helping improve productivity in areas ranging from agriculture, health care, and financial services to education and supply chains. This analysis is an outcome of Google Research Report, published here. Since 2000, the number of people with access to the Internet has grown to over 520 million, or almost...

In a typically lacklustre market, shares of Adani Power rose 4% to a record high of Rs 428.20 during intraday trading on Monday after the firm announced its agreement to purchase DB Power's thermal power assets for an estimated Rs 7,017 crore. Adani Power traded 3% higher at Rs 423.50 at 09:32 a.m., while the S&P BSE Sensex fell 0.7% during the same period. DB...

Startup India accorded a giant milestone; to date, by recognising over 75000 startups up till date. According to India Union Minister Piyush Goyal, these numbers highlight the strength of a vision to see innovation and spur startup sector growth. The most recent 10,000 startups were recognised in 156 days as opposed to the first 10,000 startups in 808 days. The Indian startup ecosystem produced 7.46...