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Infy sets up Automotive Digital Technology and Innovation Centre in Germany

The new centre brings together automotive and IT experts from across Germany into a space for shared knowledge, skills and innovation

Automovill raises $500,000 in bridge round from Mumbai Angel Netwrok

With the latest fundraise, the startup has raised $1.2 million since its inception

Zomato IPO gets Twitter buzzing with tweets from startup community

Deepinder Goyal 'stress eating', Vijay shekhar Sharma of Paytm cheers along

SBI, Axis, HDFC Bank top go-to lenders for Indian Inc during Covid: Report

Companies say digital infra provided by Indian banks and faster loan and account documentation helped them during crisis.

Thailand's Global Power System acquires 41% stake in Avaada Energy

The acquisition has been made through Global Renewable Synergy Company Ltd, a wholly-owned subsidiary of Global Power Synergy Public Company Limited

Lockscreen platform Glance's active user base in India hits 140mn in Q1CY21

Glance, which is owned by the InMobi Group, delivers content to the lockscreen of Android-based smartphones

Bahl, Kapur settle case with Sebi, pay Rs 61 lakh for rule breach

The matter pertains to dealing in shares of PMC Fincorp between March 2012 and March 2015

World Coronavirus Dispatch: Rare nerve complication with J&J vaccine

FDA adds warning on Johnson & Johnson vaccine, lockdown extensions looms in Sydney and other pandemic-related news across the globe

SaaS platform Bookee raises pre-seed funding from Antler India, others

Founded in 2020 by Vistar Singh and Rajat Hans, Bookee is a complete business solution developed with the needs of fitness entrepreneurs at its core

Cisco appoints Daisy Chittilapilly as president of India, SAARC operations

Chittilapilly has over 25 years of experience in the technology industry, including 17 years of leadership experience at Cisco

Mphasis granted US patent for AI-driven app, infra management solution

The newly issued patent provides a solution for enterprises worldwide to optimise their technology investments through in-depth data analysis

UK finance firm Tide raises $100mn in funding round led by Apax Digital

Company has a development centre in Hyderabad and plans a full launch in India next year

Restructured loans of non-bank financials to double by March: ICRA

The pandemic and the curbs imposed to contain its spread have affected the cash flow of borrowers and prolonged the recovery process, according rating agency ICRA

TCS to take iON global after test-marketing success in some markets abroad

Management said digital transformation with cloud adoption is accelerating in all markets, save India

HCL Technologies helps digitise BP's workplace in multi-year deal

The deal will help transform BP's workplace services, enabling it to drive efficiency and create a standardised end-user experience for its employees at more than 500 sites

Construction mgt app Powerplay raises $5.2 mn from Accel, Surge and others

Powerplay is a free mobile app that connects multiple stakeholders involved in construction, enabling them to communicate and collaborate more efficiently

Puri to focus on hiking domestic production as new Petroleum Minister

Will work towards increasing share of natural gas in energy mix

RBI imposes penalty of up to Rs 2 cr on 14 banks for non-compliance

The penalty ranges from Rs 50 lakh to Rs 2 crore, with SBI being charged Rs 50 lakh and BoB Rs 2 crore

IPO watch: G R Infraprojects subscribed 2.3 times, Clean Science by 1.7x

NMDC OFS retail book undersubscribed, mops up just 76%

NSE clarifies on Nifty Futures 'freak trade', seeks explanation from broker

'Since order was within the operating range, the order matched with existing sell orders in the order book and two trades got executed at a price within the trade execution range,' says stock exchange