AI powered equity platform PineGap.Ai raises USD 2.5 million
PineGap.Ai, an AI-powered equity research platform, on Thursday said it has raised USD 2.5 million (about Rs 20.88 crore) in a funding round led by US-based investors SVQuad and Inventus Capital. The seed funding round also saw participation from DeVC and Silicon Valley serial entrepreneurs like Mohit Aron, Founder of Cohesity/Nutanix,...
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Moneyboxx AUM crosses Rs 720 crore in FY24
19 April 2024 | PTI -
Business brief
19 April 2024 | Agencies -
Just Dial shares zoom over 13 per cent
19 April 2024 | PTI -
Infosys profit jumps 30 per cent to Rs 7,969 crore in Q4
19 April 2024 | PTI -
Electronics industry sees surge in hiring: Report
19 April 2024 | PTI -
Markets extend downtrend
19 April 2024 | PTI -
Ambuja Cements shares climb nearly 4 pc; hit 52-week high on BSE
18 April 2024 | PTI
Markets rebound in early trade after three days of decline
Equity benchmark indices rebounded in early trade on Thursday after falling for the past three days amid a rally in Asian markets along with buying in index majors State Bank of India and Reliance Industries. The 30-share BSE Sensex climbed 310.82 points to 73,254.50 in early trade. The NSE Nifty went...
India not reaping benefits of democratic dividend: Raghuram Rajan
India is not reaping the benefits of democratic dividends, former RBI governor Raghuram Rajan said Tuesday, emphasizing that there is need to focus on improving the human capital and enhancing their skill sets. “I think we are in the midst of it (democratic dividend), but the problem is we are not...
Daimler India to foray into battery electric segment with new gen eCanter
Daimler India Commercial Vehicles on Wednesday said it plans to foray into the domestic battery electric segment with the launch of the all-electric next-generation light duty truck eCanter in the next 6-12 months. The all-new next-generation eCanter had its world premiere in Japan and Europe in the second half of 2022. “The...
Middle East conflict, US inflation, foreign fund outflows drag markets lower from record peaks
Global uncertainties, mainly escalating tensions between Iran and Israel, have led to a massive correction in the equity markets in the last three days after a record-shattering rally that saw the BSE Sensex crossing the historic 75,000 mark last week. Hotter-than-expected US inflation data fuelled concerns that the Federal Reserve will...
India power consumption rises to 70.66 billion units in first half of April
India’s power consumption grew nearly 10 per cent year-on-year to 70.66 billion units (BU) in the first half of April this year, showing improvement in economic activities and consumption patterns, according to the power ministry data. According to the data, power consumption in the country rose to 70.66 BU during April...
Women participation in tech roles in non tech sectors to grow by 2027: Report
Women’s participation in technology roles in non-tech businesses is expected to grow by nearly a quarter by 2027 across all levels, including freshers, junior, mid-senior, leadership, and C-Suite levels, a report said on Wednesday. The tech women’s participation rate in non-tech industries stood at 19.4 lakh workforce in 2023, which is...
Funskool seeks to transform India into global hub for toy manufacturing
Toy manufacturer Funskool India, part of tyre major MRF Group, has taken up expansion at its manufacturing facilities in Tamil Nadu to make India a global hub for toy manufacturing. The expansion work at its premises in Ranipet, would effectively double the manufacturing capacities. The upgraded facilities in both Unit 1 and...