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PixelSky invests Rs 40-45 crore in biofuels firm GPS RenewablesPixelSky Capital, backed by IndigoEdge and Yumlane founder Hitesh Ahuja, has invested Rs 40-45 crore in waste-to-energy firm GPS Renewables...
An old legacy lights up: AI takes on decades of tech debtHelping enterprises unshackle billions of lines of legacy code they are buried under unlocks opportunities for Indian IT. But firms, especi...
Pixxel, Sarvam plan orbital data centre after Agnikul Cosmos-Neev CloudIndian space company Pixxel and AI firm Sarvam are collaborating on a groundbreaking orbital data centre satellite. This satellite, named P...
GCCs step up hiring; Valentine’s Day sales surgeHappy Friday! Global capability centres are ramping up hiring in 2026, even as AI-led automation reshapes certain roles. That and more in t...
Agnikul, NeevCloud to launch India’s first orbital AI data centre platformIndian space startup AgniKul Cosmos and cloud firm NeevCloud plan to launch an AI-focused data centre in low-earth orbit, with a proof-of-c...
Mamaearth parent Honasa Consumer's Q4 revenue up 13% at Rs 533 crore, net profit falls 16%The double-digit growth in Q4, which comes in a quarter when FMCG companies typically report single-digit expansion, indicates the beauty a...
Mamaearth parent dismisses distributors’ claim of Rs 300 crore unsold inventory as ‘misinformation’Mamaearth's parent company, Honasa Consumer, refuted claims of excessive unsold inventory, stating their total inventory is significantly l...
Honasa Consumer shares crash 20% to 52-week low after reporting YoY loss in Q2Honasa Consumer share price: Honasa Consumer, the parent company of Mamaearth, faced a setback with a net loss of Rs 19 crore in the second...
Honasa Consumer Q2 Results: Mamaearth operator slips into red with Rs 19 crore YoY lossHonasa Consumer Q2 Results: The company's revenue and net loss both declined on a quarter-on-quarter basis. In the prior quarter, Honasa Co...
Top companies back move to set up open cloud compute networkPeople+ai, an initiative by EkStep Foundation co-founded by Nandan Nilekani, set out last year to address increasing compute demand in the ...
India government invests over Rs 5,000 cr more in SWAMIH Investment Fund I to help homebuyersSWAMIH Investment Fund I is India’s largest social impact fund aiming to provide priority debt financing for the completion of stressed, br...
European Investment Bank announces support to India to combat CovidThe donation will go to European Investment Bank to acquire life-saving equipment in particular to improve access to oxygen including oxyge...
SBI, EIB to invest up to €100 mn in Indian SMEs focused on climate changeSBI already invests in a vehicle called Neev Funds for its impact investing objectives, and the two entities have created 'Neev Fund II' fo...
SBICAP Ventures launches SME, affordable housing fundsThe SME fund is expecting to raise a corpus of Rs 400 crore, while the affordable housing fund would look at raising Rs 350 crore.
SunSource energy plans to build 200-mw solar park in UPThe company has a short-term target of reaching 300 mw of project capacity by 2020, said Nandan, who is also one of the founders of the com...
SBI-UK DFID invest in India's SunSource EnergyFounded in 2010, the company’s turnover has been rising at a compounded growth rate of nearly 200 percent year-on-year.
Neev Fund, others pour Rs 66.5 crore into Odisha-based Milk MantraThis is the first round of funding raised by the company after it mopped up about Rs 80 crore from Eight Roads and Aavishkaar in June 2014.
State Bank of India launches Neev fund to help low-income statesThe fund aims at providing equity partnerships for small infrastructure development in sectors like water and sanitation, clean energy.
- Action hots up in premium realty market
With the revival in the residential portion of the real estate sector gaining ground, developers in Mumbai are focusing on the premium cate...
- Tata, Dr Reddy ink pact for youth employment
A youth employment programme aimed at helping the underprivileged sections of the society was today launched by Tata Group's community deve...