News Update

Consumer Affairs Minister Pralhad Joshi has directed the Central Consumer Protection Authority (CCPA) to investigate ride-hailing platforms for alleged unfair trade practices.

IndiQube, a leading managed workspace solutions provider, has filed a draft red herring prospectus (DRHP) for an Rs 850 crore IPO. The offering includes a fresh issue of Rs 750 crore and an offer for sale (OFS) of Rs 100 crore by its co-founders.

LTIMindtree aims to drive sustainable development and uplift local communities as part of its Corporate Social Responsibility (CSR) initiatives.

26 December 2024 - Latest startup funding highlights include major rounds in artificial intelligence, healthcare, and e-commerce sectors.

SiMa.ai, a leading edge AI company, has appointed Satish Mohanram as Senior Director, India Sales, and Site GM. Leveraging SiMa.ai’s innovative ONE Platform, he aims to address India’s demand for energy-efficient and real-time AI solutions.

Tata Sons plans to inject capital into its digital arm, Tata Digital, by mid-2025. Until then, the company will rely on internal funding and debt to support its growth initiatives.

Jammu & Kashmir Bank's shares surged 7% after the appointment of Amitava Chatterjee as the new Managing Director and CEO, effective from December 30, 2024.

The Indian government has appointed Arunish Chawla, a 1992-batch IAS officer from the Bihar cadre, as the new Revenue Secretary. Chawla, who previously served as Secretary in the Department of Pharmaceuticals, will take over from Ajay Seth.

India now boasts over 73,000 startups with at least one woman director, as recognized under the Startup India initiative. This growth reflects the increasing role of women in entrepreneurship.

N Srinivasan resigned as the CEO of India Cements on Wednesday after the Competition Commission of India (CCI) approved a Rs 7,000-crore deal for UltraTech Cement, led by Kumar Mangalam Birla, to acquire a majority stake in the company.