Hyderabad-based startup Red.Health will use the fresh capital to innovate its product, advance its technology, and improve its dispatch system to minimise human errors and optimise response time.
Adani group companies surged as traders bet on them amid easing BJP election uncertainty. Sensex and Nifty also gained in a market rally. Energy and commodity stocks influenced Adani shares' uptrend, supported by the infra boost from the current government. Adani, as India's largest player, is set to benefit across sectors like renewables, power, and transportation.
Happy Wednesday! The country’s central bank wants more rural users to log into Unified Payments Interface (UPI). This and more in today’s ETtech Morning Dispatch.
President Joe Biden said last week he had delayed a shipment of 2,000-pound (907-kg) bombs and 1,700 500-pound bombs to Israel over concerns they might be used for a major invasion of Rafah, a town in southern Gaza.
UPI user base hovering around 300 million for some time; RBI, banks trying to push up this number
Many other mid-cap IT firms are also eyeing an entry into the billion-dollar club in the coming quarters while the above-mentioned four are chasing the next target of $2 billion, industry observers said. Firms such as Happiest Minds Technologies, Cyient, ITC Infotech and Birlasoft announced their billion-dollar revenue target recently.
U.S. officials and trade experts say that without strong efforts to cut off transshipped or lightly processed Chinese goods from Mexico and other countries, China's underpriced excess production will still find its way into U.S. markets.
New York Justice Juan Merchan, Trump declared on Truth Social, is a "highly conflicted" overseer of a "kangaroo court." Trump supporters swiftly replied to his post with a blitz of attacks on Merchan. The comments soon turned ugly. Some called for Merchan and other judges hearing cases against Trump to be killed.
This facility will provide easy access to chip and packaging designs to startups, researchers and small firms, as per the plan.
Santhosh Viswanathan, vice president and managing director for the India region at chipmaker Intel, said the Indian market was at an “inflection point” with digitisation being a fundamental change and accelerant for the economy.
Britannia stock hit a record high of Rs 5,386 on December 29, 2023, but the momentum fizzled out and the stock had declined since then. It bottomed out in April 2024 after hitting a low of 4,643. From there it charted a course of steady recovery and crossed 5,000 levels in May.