Elon Musk’s xAI laysoff 500 employees, stating not needed anymore
Elon Musk’s xAI laid off 500 data annotators, shifting focus to hiring domain-specialist AI tutors in STEM, coding, finance, and personality modeling for its Grok...
Myntra and SUGAR Cosmetics Partner Up to Launch Molten Beauty, a Gen Z-Focused Beauty Brand
Myntra and SUGAR Cosmetics launched Molten Beauty, a Gen Z-focused vegan, cruelty-free brand blending skincare and makeup. The range debuts with 15 products, priced ₹250–₹400,...
SEBI Eases IPO Norms for Large Companies, Extends Public Shareholding Timelines
SEBI revised IPO norms to ease listings for large firms. Companies above ₹5 lakh Cr market cap must now offer a minimum ₹15,000 Cr, while...
TRAI probes telecom giants over affordable plan removal
TRAI is probing Reliance Jio and Bharti Airtel for scrapping affordable ₹249 data plans, sparking concerns over digital accessibility. DoT flagged the issue after Jio...
PhonePe Faces RBI Fine for PPI Rule Breach Amidst IPO Preparations
RBI fined PhonePe ₹21 lakh for non-compliance with PPI regulations, citing escrow balance shortfalls and failure to report them after an inspection (Oct 2023–Dec 2024)....
India-EU Working to Finalise Balanced Free Trade Agreement (FTA): Piyush Goyal
Union Minister Piyush Goyal, at ACMA’s 65th Annual Session, said India-EU FTA talks hold unprecedented momentum, targeting year-end closure per commitments by Modi and von...
Flipkart Wins Tax Refund Battle: Karnataka HC Orders INR 16.11 Cr Payout
The Karnataka High Court ordered the state’s commercial taxes department to refund ₹16.11 Cr to Flipkart India, with interest, in a dispute over mobile charger...
FirstCry injects ₹73Cr into Globalbees increasing stake to 51.51%
FirstCry (Brainbees Solutions Ltd) invested ₹73 Cr in Globalbees Brands Pvt. Ltd as part of its Series C2 round, raising its stake to 51.51%. Globalbees...
D2C Pickle Brand FarmDidi, raises over INR 7cr in Seed funding to grow online and Empower 5000+ Rural Women
FarmDidi, a D2C pickle brand empowering rural women, raised ₹7 Cr seed funding led by Samved Ventures, LetsVenture, and others. Founded in 2022 by Manjari...
WeHouse raises $2.8M Series A to expand its prop-tech solutions across India
WeHouse, formerly Hocomoco, raised $2.8M Series A led by Anthill Ventures to expand into Coimbatore, Ahmedabad, Jaipur, Surat, and Chandigarh. Founded in 2017 by Sripad...
