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Testsigma raises $4.6 million in seed funding led by Accel, STRIVE

Testsigma's open-source test automation platform is designed to enable modern software development teams to test and release products quickly, continuously, and at scale.

State to bear the cost of bringing 5,000 Tamil students in Ukraine: Stalin

The state has opened 24x7 helpline for Tamilians stranded in the war-torn nation. India weighing evacuation options via land through Hungary, Poland, Belarus, Slovak Republic and Romania

Delhi High Court adjourns Future-Amazon case to February 28

Future Group's counsel argued that if it goes into bankruptcy, the 2019 deal with Amazon for a stake sale will anyway not stand

Rakesh Sharma reappointed as MD&CEO of IDBI Bank for a period of 3 years

Rakesh Sharma's reappointment as the MD&CEO of IDBI bank has received the banking regulator, Reserve Bank of India's (RBI) nod.

Support broken: Technical analysts see Nifty slipping below 16,000

Thursday's 815-point, or 4.8 per cent fall, saw the benchmark index surrender this level decisively

Northern Arc Group to acquire SMILE Microfin

The transaction will involve the takeover of the microfinance portfolio of S.M.I.L.E., along with its network of nearly 150 branches catering to over 0.2 million customers.

Vedanta Aluminium launches low carbon aluminium, unveils two product lines

The first production volume of 100 kilo tonnes of Restora and Restora Ultra aluminium already has interest from environmentally conscious customers

BMW drives in all-electric MINI Cooper SE at Rs 47.2 lakh

Only 30 units were allotted for India in the first batch

RBI cancels PC Financial Service's certificate of registration

The company violated the central bank's directions on outsourcing and KYC norms and was also found to be charging very high interest rates and other charges from its borrowers

Women participation in gig economy sees 3x surge: Taskmo report

Industries like fin-tech, edtech, e-commerce, fashion tech and health-tech are showing maximum job allocation for women gig workers

Spandana Sphoorty posts loss of Rs 58.8 crore for September quarter

It had posted a net profit of Rs 62.95 crore in Q2FY21

LML names Partha Choudhary COO amid plans to disrupt EV market

E-mobility expert Choudhary held top positions at Hero Motors and Yamaha and has contributed significantly to LML as Sales & Marketing Head between 2006-2017

CCI to complete its investigation into Google Play Store probe in 60 days

Google had filed a writ in Karnataka HC on Dec 27 seeking time to respond to CCI queries on the use of Google's Play Store payment system for in-app purchases and paid apps

Hiring intent can rise 9 percentage points in Q4FY22 if no curbs: TeamLease

Out of the 21 sectors reviewed, around 7 can record a growth of more than 10 percentage points in their intent to hire, making the current quarter a good time for talent.

Irdai issues guidelines for promoting, regulating surety insurance business

Surety bonds protect the beneficiary against acts or events that impair the underlying obligations of the principal

TVS Motor appoints Venkat Viswanathan as advisor for electric mobility biz

Viswanathan is currently an associate professor of Mechanical Engineering at Carnegie Mellon University and is a global leader in advanced batteries for electric mobility.

IL&FS Group sells stake in ONGC Tripura to GAIL for Rs 319 crore

The 26 per cent stake that IL&FS had in OTPC has been valuated at Rs 1,227 crore for this transaction

South Indian Bank wins UiPath Automation award for work on robotics

Award was bestowed upon for bank's exceptional use of robotic process automation capabilities under crisis for solving severe operational constraints and ensuring business continuity

Cross-border B2B e-commerce player Geniemode raises $7 mn in series A round

Funding led by Info Edge Ventures; Geniemode works with over 100 suppliers from India, Bangladesh, Pakistan and Sri Lanka to cater to diverse markets in US, LatAm, UK, EU and Australia

Social commerce industry to touch $1.2 trn by 2025 globally: Accenture

Just under two thirds of social media users surveyed said they made a social commerce purchase in the last year, which Accenture estimates to reflect nearly 2 bn social buyers globally