Google announced the introduction of the Google for Startups accelerator programme for female-led businesses on Tuesday. This is the first time the IT giant has announced a programme aimed specifically at women entrepreneurs in India. This year, the programme for women-focused creators will include two cohorts, each supporting 20 women founders. Google will choose 20 […]
Uber reported a net loss of $5.9 billion owing to unrealized losses from holdings in Didi Global, Grab Holdings, and Aurora Innovation, but provided a good earnings projection for the current period. It indicated that the firm intends to capitalize on strong ride demand without jeopardizing earnings by focusing on product upgrades rather than incentives […]
An IndiGo Nagpur-Lucknow flight returned to the origin after take-off following a suspected momentary technical snag, said the airline on Monday. The airline further informed that all the passengers were safe after the return of the flight to Nagpur airport. “IndiGo’s Nagpur-Lucknow flight, returned to origin after take-off, following a suspected momentary technical snag, today. The pilots followed […]
Telecom operator Bharti Airtel Ltd said on Friday it agreed to buy Vodafone Group Plc’s 4.7% stake in India’s largest cell tower firm Indus Towers Ltd. Britain’s Vodafone said earlier this week it was looking to sell its entire 28.1% stake in Indus Towers. Airtel said it has agreed with Vodafone to buy 4.7% equity interest in Indus Towers on the principal […]
A day after Facebook owner Meta Platforms suffered the deepest loss of stock market value in history for a U.S. company, Amazon logged the greatest ever one-day increase in value. Shares of the online retail and cloud computing giant surged 13.5% on Friday following its blowout quarterly report, expanding its market capitalization by around $190 billion by […]
Shares of AGS Transact Technologies, a payment solutions provider, dropped more than 8 per cent over their issue price on Monday. The company’s IPO, first for calendar 2022, had garnered 8 times subscription. Its shares ended at Rs 161.3, down Rs 14.7, or 8.4 per cent, over IPO price of Rs 176. Its stock touched a high of […]
By Administrator_ India Capital Sands Fintech company BharatPe has approached the Delhi High Court with six cancellation actions against multiple registrations held by PhonePe Pvt, it’s rival owned by USA’s Walmart, for the “PE” device mark in Devanagari script. Bharat had recently launched a “buy now pay later” app under the trademark “postpe”. “Purity of the trademarks register is in the […]
By Administrator_India Capital Sands DLF, the country’s largest listed developer, could again diversify into residential-property markets such as Mumbai and Chennai after focusing on its home turf, the National Capital Region (NCR). The developer started concentrating on Delhi-NCR after selling some of its land parcels in cities such as Mumbai in 2012 to reduce debt. […]
By Administrator_ India Capital Sands Final results from Pfizer’s Covid-19 vaccine trial showed its shot had a 95 per cent success rate and two months of safety data, paving the way for the drugmaker to apply for an emergency US authorisation within days, it said on Wednesday. Pfizer said it expected the US FDA vaccine advisory committee […]
By Administrator_ India Capital Sands Online grocery platform BigBasket has become the latest target of cyberattack in India. The company has faced a potential data breach with the information of over 20 million customers on the darkweb for sale, according to US-based cybersecurity intelligence firm Cyble. The data, being sold for $40,000, includes the full names, email IDs, password […]