Cosmos-Maya appoints Rajaram Sundaresan as director of operations, int'l biz Sundaresan brings more than 30 years of experience in the animation industry and has handled production for ventures such as Prime Focus and DO Entertainment

Harsh Goenka shares photos of Kumbhalgarh, the fort with second largest wall in world The Kumbhalgarh fort was built by Maharana Kumbh. The fort is also surrounded by lush forests.

With an eye on expansion, new-age companies aim to start up recruitment again New-age companies such as HomeLane, NoBroker, CashKaro, Meesho, slice, Droom, Clovia and Cashfree are aggressively ramping up technology and product teams, with a majority of hiring to be lateral. In demand will be front- and back-end deve…

Adani Enterprises incorporates new petrochemicals subsidiary Adani Petrochemicals will carry on business of setting up of refineries, petrochemicals complexes, specialty chemicals units, hydrogen and related chemicals plants and other similar units

Adani Enterprises incorporates new petrochemicals subsidiary Adani Petrochemicals will carry on business of setting up of refineries, petrochemicals complexes, specialty chemicals units, hydrogen and related chemicals plants and other similar units

From the sky, this $9.95 million Sun Valley mansion looks like a starship Designed to look like a ship, the house has an enormous prow-like architectural protrusion over the entryway.It spans roughly 12,500 square feet, has five-bedrooms and comprises concrete, steel, glass and reclaimed antique wood from the 1800s�…

OfBusiness becomes latest entrant to India’s unicorn club OfBusiness is now expecting to make strategic investments, acquisitions and create joint ventures.A startup is termed as a unicorn after its valuation is pegged at $1 billion or above

IDFC First Bank Q1 results: Covid provisioning leads to ₹ 630 cr net loss, asset quality dips Covid provision pool increased from ₹375 crore to ₹725 crore during the current quarter on a prudent basis to act as a cushion for Covid impact, IDFC First Bank said

About 70 pc professionals feel skill gaps hampering productivity at workplaces: Study Only 10 per cent of the respondents felt that the knowledge they acquired in their educational institutions has proved to be useful in what they do today, the study noted.

MoEngage raises $32.5 million funding to fuel growth Existing investors Eight Roads Ventures, F-Prime Capital and Matrix Partners also participated while Exfinity Venture Partners made an exit in this round

NTPC Q1 profit rises 17% to ₹ 3,443 cr as revenue grows Revenue from operations increased to ₹29,888.02 crore during the quarter under review, as compared to ₹26,194.76 crore in the corresponding quarter of the last fiscal

S&P revises Adani Electricity Mumbai's outlook to negative, affirms BBB-minus rating The outlook revision on AEML reflects our expectation of a potential deterioration in its parent's credit quality, S&P said in the rating rationale

OMERS to buy 19.4% stake in Azure from IFC for $219 mn OMERS, the Canadian pension fund, announced its plan to purchase the stake in NYSE-listed Azure Power Global Ltd from World Bank’s private-sector development arm IFC and IFC GIF Investment Co.

SpiceJet to add 16 new flights from August Besides flying between Gwalior and Jaipur, Kishangarh and Mumbai, Belagavi and New Delhi, the airline will add frequency on the Delhi-Jammu sector.

HPCL ties up with CESL to set up EV chargers in Delhi, Mumbai, other metros CESL and HPCL to jointly undertake setting up of EV charging points in Mumbai, Delhi NCR, Bengaluru, Hyderabad, Chennai, Kolkata and Pune

MGL to set up 10 mobile refuelling units in the next year The move is expected to meet the increased demand for selling compressed natural gas

Britannia Q1 profit down 28.6% Britannia's consolidated revenue from operations stood at ₹3,403.46 crore, down marginally from the ₹3,420.67 crore it reported in the year-ago period

Elon Musk's complaint about Apple goes viral. Here's what he said Apple is battling a lawsuit filed last year by Epic Games, alleging that the iPhone maker has abused its dominance in the market for mobile apps

CarTrade IPO to open on 9 August, close on 11 August The IPO comprises a pure offer for sale of 18.53 million shares by its existing shareholders and promoters

Data storage norms: Mastercard submits audit report to RBI The Reserve Bank had on July 14 put an indefinite ban on Mastercard from issuing new credit, debit and prepaid cards. The ban came into effect from July 22.The restrictions were put in place because of the company's failure to comply with local data stor…

Elon Musk denies he discussed Apple-Tesla merger with Tim Cook Elon Musk was responding to an upcoming book that says Apple CEO Tim Cook called Musk in 2016 about taking over Tesla

Baring Asia plans partial exit from CMS via IPO The private equity firm will look to exploit a runaway rally in domestic stock markets this year to profit from its 2015 purchase of the Mumbai-based firm, the people said, requesting anonymity. CMS Info Systems is a wholly owned portfolio company of Baring.

PE-VC deals activity set for record levels this year, IT cos biggest beneficiaries Investors have inked 946 deals worth $26.9 billion already by July-end, and analysts expect the deals pipeline to stay intense for the rest of the year as well

Shailesh Jejurikar set to become Procter & Gamble's COO Jon R. Moeller, vice chairman and chief operating officer, will succeed David Taylor as Procter & Gamble’s president and chief executive officer, effective 1 November

Krsnaa Diagnostics' IPO to open on 4 August, close on 6 August The IPO will comprise a fresh issue of ₹400 crore and an offer for sale of up to 8.53 million shares by its existing promoters and shareholders

Ashok Leyland's EV arm Switch Mobility announces minority investment by Dana Dana will make a strategic investment in Switch Mobility and will also be a preferred supplier of electric drivetrain components for the company’s e-bus and EV commercial vehicle offering

Nestle India's Q1 profit up as domestic, export sales grow in double digits Growing revenue from e-commerce and innovations bolstered Nestle's profit during the quarter.

Logistics startup 3SC raises $15 million in Series B funding 3SC will use the fundraise to scale the company’s domestic business and augment its geographical reach further across Europe and Southeast Asia

Allcargo Logistics expands in Europe with ECU Worldwide-Nordicon JV ECU Worldwide will hold a 65% share in the JV, and the balance 35% will be held by present owners of Nordicon. With this, ECU Worldwide will have a nearly 40% market share of the LCL business in the Nordic region

Karnataka on alert amid spurt in covid cases in Kerala Bommai, who arrived at the Delhi airport earlier today, said he has asked the officials to be on alert.

Intel CEO says chip shortage could stretch into 2023 Pat Gelsinger is pursuing turnaround while battling heated competition in chip design and production

Cognizant looking at 130,000 hires in 2021 Cognizant's quarterly annualized voluntary attrition surged to a record 29% during the June quarter from 18% in January-March. To tackle this, it will train close to 100,000 employees in various new-age skills

Fire breaks out at Tesla Australia mega-battery during testing The fire erupted during an initial trial of the high-profile energy project known as the Victorian Big Battery near Melbourne

Automation platform Rocketium raises $3.2 million in Series A funding Rocketium said the fresh capital will be used to expand operations in the US, and for improving the product.

DBS, Temasek team up for $500 m debt financing platform EvolutionX will invest in opportunities arising from an increasingly digital economy, across sectors such as financial services, consumer, healthcare, education and industrial development, to accelerate growth and build the next generation of technology leaders…

Startup deals in India set to pick up pace as investors hunt post-pandemic bets Eyeing India's large middle class with access to cheap smartphones and the internet, global investors have flocked to online platforms in the country

Yes Bank grapples with legacy issues left behind by disgraced founder Since founder Kapoor’s departure as managing director and chief executive of Yes Bank, several of these large exposures of the private sector lender have soured

From biz class seats to luxury holidays: This airline plans to auction items to travellers with points-for-prizes sale The items being auctioned tell the story of the travel industry’s devastation from the Covid-19 pandemic

Maharashtra FDA issues notices to Amazon, Flipkart over `sale' of pregnancy termination pills The Drugs and Cosmetics Act, 1940 prohibits online distribution of pregnancy termination kits and pills without any prescription

Amazon's sales growth slows in Q2 as Covid pandemic shopping surge eases Amazon posted better-than-expected second-quarter profits. But it but delivered sales results that came in short of expectations.Shares in Seattle-based Amazon.com Inc. fell more than 7% in after-market trading following

Microsoft looks to tap into Oyo ahead of its IPO: Report Founder and Chief Executive Officer Ritesh Agarwal said earlier this month that Oyo would consider a potential public offering, but did not provide a timeline.The deal may involve Oyo shifting to use Microsoft's cloud services

Tata takes Tejas stake for telecom gear foray Conglomerate to spend ₹1,884 crore for a 43.35% stake in the firm.Tatas also offered to buy 26% more of Tejas Networks from investors to comply with takeover rules

Tata takes Tejas stake for telecom gear foray Conglomerate to spend ₹1,884 crore for a 43.35% stake in the firm.Tatas also offered to buy 26% more of Tejas Networks from investors to comply with takeover rules

In Q2, Cognizant delivered its best quarterly revenue: Rajesh Nambiar Rajesh Nambiar, president of digital business and technology and India chairman and managing director, spoke about the demand environment, growth drivers and acquisition strategy

JPMorgan appoints Hiscox’s Ben Walter head of business-banking division Walter will join the biggest U.S. bank in October as chief executive officer of the unit, which provides services to small businesses with as much as $20 million in annual revenue

Happiest Minds Q1 net profit down 29% at Rs35.7 crore Happiest Minds added 18 clients during the quarter taking the tally to 180 as of 30 June. Attrition rate on a trailing 12-month basis for the March quarter increased to 14.7% from 12.4% in the previous quarter

Happiest Minds Q1 net profit down 29% at Rs35.7 crore Happiest Minds added 18 clients during the quarter taking the tally to 180 as of 30 June. Attrition rate on a trailing 12-month basis for the March quarter increased to 14.7% from 12.4% in the previous quarter

Adani Enterprises gets land in Noida Sector 62 for 'one of largest data centres' Adani Enterprises gets land in Noida for data centre billed to be 'one of the largest' in country