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With Depleting NavIC Fleet, India Plans To Launch Three More Satellites By 2027 To Replenish Homegrown GPS Alternative
India is set to strengthen its homegrown satellite navigation NavIC (Navigation with Indian Constellation) system with the planned launch of three new satellites — NVS-03, NVS-04, and NVS-05 — by 2...
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Uttarkashi Flash Floods: 70 Rescued, Over 50 Still Missing, Says Army
Officials reported at least four deaths, with two bodies recovered on Wednesday (6 August). The district administration airlifted 65 stranded individuals, including tourists and pilgrims, to Matli ...
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Former Amazon Executive’s Startup CodeKarma Bags $2.5 Mn
The pre-seed funding round was co-led by Prosus, Accel, and Xeed Ventures, with participation from SenseAI Ventures and Stargazer Ventures The startup will deploy the fresh proceeds to automate its...
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[Update] Antfin Exits Paytm, Sells 3.73 Cr Shares For INR 3,981 Cr
Antfin Holding BV, part of Alibaba Group, plans to sell its remaining 5.84% stake in One 97 Communications, parent company of fintech major Paytm, through an INR 3,800 Cr clean-out block deal The f...
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BlueStone Sees FY25 Losses Soar 56% On Offline Push
The omnichannel jewellery brand reported a revenue of INR 1,770 Cr in FY25, up 39.9% from INR 1,265.8 Cr last year BlueStone’s total expenses rose 41.7% to INR 2,049.9 Cr in FY25 compared to INR 14...
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BlueStone IPO To Open On Aug 11, Fresh Shares Cut 18% to INR 820 Cr
Jewellery startup BlueStone has cut its fresh issue from INR 1,000 Cr and the OFS component faces a heftier cut to 1.4 Cr The company plans to spend INR 750 Cr from the public offering, which close...
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Zostel Parent Elevates Aviral Gupta To CEO, Dharamveer Singh Chouhan Moves To Chairman Role
Hostel chain Zostel parent Zo World has elevated its long-term executive Aviral Gupta to chief executive officer, while its cofounder and CEO Dharamveer Singh Chouhan has moved to the chairman role...
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Enterprise Tech BlackBuck Q1: Profit Jumps 17% YoY To INR 34 Cr
On a sequential basis, the company's bottom line plunged heftily, down over 88% from INR 285.8 Cr PAT BlackBuck reported in the previous quarter The company's bottom line saw a boost of almost INR ...
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NPCI, Digital Payment Platforms Seek Exemption From DPDP Act Provisions
NPCI, Google Pay, PhonePe and Amazon Pay have reportedly sought exemption from DPDP Act provisions, requiring user consent for transactions The companies submitted in writing to MeitY that the mand...
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