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Ola moves tech workloads out of Microsoft's Azure, says Bhavish Aggarwal

Although Krutrim managed to get 2,500 developers, there was no clarity if any companies have joined the platform or have shown interest in joining the platform

SWCNTs producer NoPo Nanotechnologies raises $3 mn in pre-series A funding

NoPo specializes in the production of single-walled carbon nanotubes (SWCNTs), a material that holds promise across various applications, ranging from usage by EV battery manufacturers

Kotak Mutual Fund launches Nifty 100 Low Volatility 30 Index Fund

The new fund offering will remain open for subscription till May 31

PB Fintech's Dahiya, Bansal divest Rs 1,109 crore worth of shares

They sold 8.37 million shares at Rs 1,325 apiece. Among the buyers were over two dozen funds, which included Morgan Stanley, Societe Generale, Axis Mutual Fund, and New World Fund

Trent, Bharat Electronics poised as contenders for Nifty50 in September

If added, both stocks could receive passive inflows in excess of Rs 3,000 crore

Godrej re-appoints Tanya Dubash as executive director, chief brand officer

The company also said that Dubash is not barred from holding the office of director by virtue of any order of the Securities and Exchange Board of India (SEBI) or any other such authority

GSK Pharma Q4 results: Profit rises 45% on growth in NLEM drugs, vaccines

The board has recommended a dividend of Rs 32 per equity share on face value of Rs 10 each for the year ended 31 March 2024, subject to approval of members at 99th Annual General Meeting

Spices industry urges immediate action to address food safety concern

Last year, India exported spices to the tune of 1.426 million tonnes valued at approximately $4.2 billion, AISEF said

IIT-Madras places over 80% of BTech/Dual Degree students, 75% from Masters

In the last two years, 90 per cent of IIT Madras Bachelor of Technology and Dual-Degree graduates found career opportunities by the time of their convocation

IndiaSkills competition expects to send 58 entrants to Lyon for world event

Biannual WorldSkills Competition is considered the Olympics of international skilling events

Mankind Pharma in fray to acquire Advent's stake in Bharat Serums: Report

Mankind Pharma's stock surged 3.11 per cent on BSE on Tuesday

WhiteOak MF launches spl opportunities fund; Allied Blenders gets IPO nod

Allied Blenders and Distillers, the maker of Officer's Choice Whisky, has received Sebi's go-ahead to raise Rs 1,500 crore through an IPO, an update with the markets regulator showed on Tuesday

9Unicorns rebrands as 100Unicorns; launches its second fund of $200 million

The second accelerator fund called 100Unicorns Fund II with a target size of $200 million includes a green-shoe option of $100 million

Corp tax collections as proportion to GDP yet to reach pre-tax cut levels

After surcharges and cesses, this tax comes to 17.01 per cent against 29.12 per cent if the companies don't opt for this tax

TCS announces creation of Global AI Center of Excellence in Paris

TCS has continuously ramped up its investments in France, since commencing operations in 1992. With the acquisition of TKS- Teknosoft in 2006, and of Alti in 2013

Former BS resident editor Palakunnathu George Mathai passes away

Journalist Palakunnathu George Mathai died on Sunday at the age of 77, after a prolonged illness

TVS Holdings to acquire 80.74% in Home Credit India for Rs 554 cr

2 companies will need approval from the Competition Commission and Supreme Court for deal

Maratha quota, credit over name change could sway voters in Aurangabad

Much has changed five years down the line. The Shiv Sena has split and the AIMIM no longer has the support of Prakash Ambedkar-led Vanchit Bahujan Aghadi

Sebi proposes direct transfer of securities to clients' accounts

"In a move to enhance operational efficiency and reduce the risk to clients' securities, it has been deliberated to make the process of direct payout of securities to the client account mandatory,"

TVS SCS wins new business deal for Eicher's bus facility in Baggad

VECV has been associated with TVS SCS since 2006 for in-plant logistics operations at its truck plant in Pithampur