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Freshworks raises annual results forecast, to lay off 13% of staff

TMT

07 November, 2024

Freshworks raises annual results forecast, to lay off 13% of staff

Freshworks raised its annual revenue and profit forecasts on Wednesday after upbeat third-quarter results, helped by demand for its AI-driven ......

Truecaller names insider Rishit Jhunjhunwala as CEO

People

07 November, 2024

Truecaller names insider Rishit Jhunjhunwala as CEO

Swedish software company Truecaller said on Wednesday it has appointed Rishit Jhunjhunwala, the current chief of products as its new ......

Swiggy gets 12% subscription on first day of $1.4 bn IPO

TMT

06 November, 2024

Swiggy gets 12% subscription on first day of $1.4 bn IPO

Food and grocery delivery firm Swiggy's $1.4 billion IPO was 12% subscribed after its first day of bidding, with retail ......

What's at stake for global markets in a Trump presidency

Economy

06 November, 2024

What's at stake for global markets in a Trump presidency

As Donald Trump was projected to win the White House, according to Edison Research, the U.S. dollar and stock market are ......

Apollo Global's third-quarter profit rises 12%, beating estimates

Finance

06 November, 2024

Apollo Global's third-quarter profit rises 12%, beating estimates

Apollo Global Management beat Wall Street estimates on Tuesday with a 12% rise in third-quarter profit as it gathered more ......

Govt plans to merge regional rural banks to help them shore up capital

Finance

06 November, 2024

Govt plans to merge regional rural banks to help them shore up capital

The Indian government has proposed merging regional rural banks to reduce their number to 28 from 43, which could help these ......

Norway's wealth fund, Fidelity among anchor investors in Swiggy IPO

TMT

06 November, 2024

Norway's wealth fund, Fidelity among anchor investors in Swiggy IPO

Swiggy sold shares worth $605 million to institutional investors including Fidelity and Norges on Tuesday as the food delivery firm ......

US startup Axiom Space explores using Indian rockets for space mission

TMT

05 November, 2024

US startup Axiom Space explores using Indian rockets for space mission

U.S.-based startup Axiom Space is exploring using Indian launch vehicles to support its international space station mission, a senior executive said ......

Apollo Green Energy plans solar module plant, targets IPO in 2025

Infrastructure

05 November, 2024

Apollo Green Energy plans solar module plant, targets IPO in 2025

India's Apollo Green Energy, an engineering and construction firm, plans to set up a 500 megawatt (MW) solar module plant ......

Noel Tata joins board of Tata Sons

People

05 November, 2024

Noel Tata joins board of Tata Sons

Noel Tata, the half-brother of late Indian tycoon Ratan Tata, has been appointed to the board of Tata Sons, the group ......