Mstack Chemicals raises $40M in a round co-led by Lightspeed and Alphawave

Chemical manufacturing platform Mstack on Thursday said it has raised $40 million in a round co-led by Lightspeed and Alphawave, along with a debt facility from HSBC Innovation Banking and…

Continue ReadingMstack Chemicals raises $40M in a round co-led by Lightspeed and Alphawave

Govt rolls out internship scheme on pilot basis; aims to provide 1 cr internship over 5 years

The government on Thursday rolled out the internship programme that will provide financial assistance of Rs 60,000 per annum to 1 crore youth over a period of five years.In 2024-25,…

Continue ReadingGovt rolls out internship scheme on pilot basis; aims to provide 1 cr internship over 5 years

SEBI’s new rules could impact 60% of F&O trades, says Zerodha’s Nithin Kamath

Zerodha co-founder Nithin Kamath said that SEBI’s recent move to limit weekly expiries could impact about 60% of overall F&O trades. Given that many traders prefer weekly contracts for their…

Continue ReadingSEBI’s new rules could impact 60% of F&O trades, says Zerodha’s Nithin Kamath

Sachin Bansal’s Navi Finserv quadruples standalone PAT in FY24 after subsidiary sale

Navi Finserv Limited (NFL), a part of the Navi Group founded by Sachin Bansal, has reported robust financial growth in its standalone results for the fiscal year ended March 31,…

Continue ReadingSachin Bansal’s Navi Finserv quadruples standalone PAT in FY24 after subsidiary sale

Study by IIT-Delhi reveals significant drop in particulate matter in the city after targeted interventions

A study conducted by the Indian Institute of Technology (IIT) Delhi reveals a significant reduction in particulate matter levels in three urban clusters of Delhi through targeted interventions on dispersed…

Continue ReadingStudy by IIT-Delhi reveals significant drop in particulate matter in the city after targeted interventions

Need to address stakeholders’ concerns to realise India’s AI ambition: Google India MD

It is essential to address concerns of all stakeholders to realise India's AI ambition, Google India MD Roma Datta Chobey said on Thursday as she outlined three main pillars guiding…

Continue ReadingNeed to address stakeholders’ concerns to realise India’s AI ambition: Google India MD

UST acquires automation unit of Information Services Group for $27M

Digital transformation solutions company UST has acquired the automation unit of Information Services Group for $27 million in an all-cash transactionThe acquisition strengthens UST’s position in the intelligent automation space, enhancing…

Continue ReadingUST acquires automation unit of Information Services Group for $27M