In a startling turn of events, BYJU’S, a stalwart in India’s edtech realm, finds itself embroiled in a tumultuous saga of governance woes and investor discontent. Four investors of the edtech giant have lodged an oppression and mismanagement suit against the management, led by CEO Byju Raveendran, at the Bengaluru bench of the NCLT (National Company Law Tribunal). Their demands for a new board and the annulment of a recent rights issue…
The recent upheaval in India’s fintech sector has been catalyzed by a series of regulatory actions orchestrated by the Reserve Bank of India (RBI), sending shockwaves through the industry. From Paytm facing a freeze on its banking operations, resulting in a staggering 60% decline in its market value within a mere two weeks, to Visa Inc. receiving directives to cease its business card transactions involving fintech intermediaries, the regulatory landscape has been…
In the fast-paced and dynamic landscape of the financial industry, employee engagement and well-being have emerged as critical pillars for organizational success. Reena Tyagi, CHRO of Future Generali India Life Insurance, shares valuable insights into how her organization is navigating the evolving dynamics of employee engagement while prioritizing mental health and productivity in a remote work environment. Prioritizing Employee Well-being Amidst High Pressure:In an industry known for its fast-paced and high-pressure environment,…
In the dynamic landscape of the contemporary Indian automotive industry, the rise of electric vehicles stands out as a beacon of innovation and sustainability. Among the pioneers in this movement is Okinawa, a leading Indian brand committed to revolutionizing transportation with its cutting-edge electric scooters. The latest addition to its impressive lineup is the Okinawa Dual 100, a premium commercial electric scooter poised to redefine mobility standards in the country. At the…
In a strategic move ahead of its highly anticipated initial public offering (IPO), Swiggy, the leading player in India’s food delivery market, has announced a significant change in its registered name. Formerly known as Bundl Technologies Private Limited, the company will now operate under the name Swiggy Private Limited, pending approval from the Registrar of Companies (RoC). The decision to rebrand aligns with Swiggy’s objective to establish a stronger corporate identity closely…
In a groundbreaking development shaping the future of artificial intelligence and robotics, Figure AI, a startup specializing in human-like robots, has garnered significant investments from tech titans including Jeff Bezos and Nvidia. The infusion of funds from these prominent players underscores the burgeoning interest in innovative AI-driven solutions and underscores a pivotal moment in the evolution of intelligent robotics. Backed by industry heavyweights like ChatGPT-maker OpenAI and Microsoft, Figure AI is currently…
Nvidia, the leading chipmaker, achieved a historic milestone on Friday, February 23, as its market valuation soared to $2 trillion for the first time. This remarkable feat comes amid a relentless surge in demand for Nvidia’s chips, fueled by the ongoing tech rally on Wall Street and the widespread adoption of artificial intelligence (AI) technologies. The ascent to the $2 trillion mark followed Nvidia’s blockbuster quarterly report and robust revenue forecast, which…
Shark Tank India Season 3 has commenced with a bang, featuring an eclectic mix of returning sharks and new faces poised to make waves in the entrepreneurial landscape. Amidst the pitches and investment negotiations, it’s the unexpected viral moments that have stolen the spotlight, igniting a frenzy of online chatter and creativity. One standout episode showcases the dynamic duo of shark Aman Gupta and pitcher Priyansha Saluja from The Cinnamon Kitchen. Their…
Shark Tank India, the captivating business reality show, has become a breeding ground for ingenious startups seeking investment and mentorship from seasoned investors. While securing a deal on the show is a dream for many entrepreneurs, some ventures have defied the odds and flourished even without the backing of the ‘Sharks’. Here, we delve into five remarkable success stories that emerged from Shark Tank India without a deal. In conclusion, the journeys…
In the volatile world of stock markets, Coal India witnessed a notable correction of over 4.0% in intraday trades on Tuesday, marking a partial retreat from its recent highs. The company’s stock, which surged to 52-week highs of ₹487.75 on February 16th, 2024, reflecting a remarkable journey from its lows of ₹207.75 in March 2023, experienced a pullback in its upward trajectory. Despite the correction, Coal India’s volume outlook remains robust, as…
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