Business

Amazon launches $250 mn fund to support Indian startups

Amazon launches $250 mn fund to support Indian startups

New Delhi– E-commerce major Amazon on Thursday announced a $250 million fund — Amazon Smbhav Venture Fund — to invest…
Citigroup to exit consumer banking ops in India, 12 other countries

Citigroup to exit consumer banking ops in India, 12 other countries

New Delhi/New York– In a global restructuring to allocate resources in markets with scale, Citigroup will exit consumer banking operations in…
Luxury home sales in Delhi-NCR up 54% in February: Report

Luxury home sales in Delhi-NCR up 54% in February: Report

New Delhi–Sales of luxury housing units in Delhi-NCR increased 54 per cent on a year-on-year basis in February, revealed a…
Masala Flakes: Kellogg to offer more Indianized products

Masala Flakes: Kellogg to offer more Indianized products

New Delhi–Breakfast cereal category major Kellogg India is set to expand its portfolio with more Indianised products which are suited…
Vivek Kanade named Managing Director of Siemens Healthcare in India

Vivek Kanade named Managing Director of Siemens Healthcare in India

Mumbai– Siemens Healthcare Private Ltd, a wholly-owned subsidiary company of global medtech company Siemens Healthineers AG, has elevated Vivek Kanade as…
IIT-Madeas to launch fellowship in AI for social good

IIT-Madeas to launch fellowship in AI for social good

Chennai–The Indian Institute of Technology – Madras in association with Robert Bosch Centre for Data Science and Narayanan family foundation…
Gupshup enters Unicorn club with $100 million funding

Gupshup enters Unicorn club with $100 million funding

New Delhi–Adding another unicorn to the Indian growth story, enterprise messaging platform GupShup on Thursday said it has raised $100…
Vertex CEO Reshma Kewalramani to Receive Golden Door Award

Vertex CEO Reshma Kewalramani to Receive Golden Door Award

BOSTON–The International Institute of New England (IINE) is presenting the prestigious Golden Door Award to Dr. Reshma Kewalramani, the President…
Boeing forecasts demand for over 2,200 new aircraft in India by 2041

Boeing forecasts demand for over 2,200 new aircraft in India by 2041

New Delhi–Aerospace major Boeing expects demand for more than 2,200 new jets valued at nearly $320 billion over the next…
IT spending in India to reach $93 billion in 2021: Gartner

IT spending in India to reach $93 billion in 2021: Gartner

Mumbai–IT spending in India is projected to total $93 billion in 2021, an increase of 7.3 per cent from 2020,…
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