In its inaugural full year under the ownership of Byju’s, Aakash Institute, a test-prep business, has disclosed a notable 82% surge in its total profit, reaching Rs 79.5 crore for the fiscal year concluding in March 2022. The financial figures were outlined in the company’s filings with the Ministry of Corporate Affairs, accessible through Tofler,…
YES Bank witnessed a rise of approximately 6.15% during the Tuesday session, reaching Rs 26.25, resulting in a total market capitalization surpassing Rs 75,000 crore. In the early trading hours on Tuesday, YES Bank Ltd’s shares experienced a surge, hitting a new 52-week high and extending its recent upward trend, driven by heightened trader interest….
Shares of DroneAcharya Aerial Innovations, a Pune-based drone startup, witnessed a 7% intraday surge to INR 201 on the BSE after securing a significant contract from the Indian Army. The contract, announced in an exchange filing, focuses on providing capacity building and advanced drone training at the Mechanised Army Courses Group, Ahmednagar. Under the agreement,…
Kisankonnect, an agritech startup specializing in fresh produce, has secured Rs 31 crore (approximately $3.75 million) in a pre-series A funding round. Green Frontier Capital (GFC), a climate tech-focused fund, led the investment, with participation from Dhanuka Agritech Limited, a prominent crop protection company in India, as well as VC Grid and other family offices….
Adani Enterprises achieved a significant milestone as it secured a Letter of Award (LoA) from the Solar Energy Corporation of India to establish manufacturing capacity for Electrolysers within the country. This initiative falls under the Strategic Interventions for Green Hydrogen Transition Scheme. The allocated incentive, totalling Rs 293.78 crore, will be disbursed over five years,…
Google has joined Apple in removing several cryptocurrency exchange apps, including Binance and Kraken, from the Play Store in India. This action follows the Financial Intelligence Unit (FIU) of the Indian Finance Ministry issuing show-cause notices to these exchanges, citing concerns about unauthorized operations and violations of anti-money laundering regulations in India. The FIU has…
Realme is gearing up to introduce the Realme 12 Pro and Realme 12 Pro+ smartphones in the mid-priced segment in India. The distinguishing feature of the Realme 12 Pro is its inclusion of a periscope lens, typically found in high-end flagship phones. This move is expected to elevate the competition in the mid-range smartphone market…
Galaxy Samsung enthusiasts and smartphone fans are eagerly counting down to the Unpacked 2024 event, where Samsung is poised to reveal its latest innovations, including the highly anticipated Samsung Galaxy S24 series. With just two days left until the launch, there’s intense speculation about the pricing of the upcoming models in India. Leaked information suggests…
Artifact, founded by Instagram’s co-founders, is closing operations. Initially conceived as a news app, it transitioned into a curation platform, allowing users to discover and share news. However, the startup has decided to wind down due to a market that didn’t justify continued investment. Co-founder Kevin Systrom acknowledges the challenge startups face in recognizing market…
Samsung enthusiasts and smartphone aficionados eagerly anticipate the Unpacked 2024 event, where the South Korean tech giant is set to unveil its latest innovations. As the launch date approaches, let’s delve into some of the top Galaxy S series smartphones that stand out, providing users with impressive features and, now, more affordable prices. whether you…
