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Paytm Slumps 5% Further; Market Cap Falls To $2.5 Bn

India, May 7 -- Shares of fintech major Paytm continued to tumble for the second straight session this week and slumped 5% to touch the lower price band during the early trading hours on the BSE on Tu... Read More


CarTrade Back In The Black With INR 25 Cr PAT In Q4; Revenue Jumps 38% YoY

India, May 6 -- Online classifieds and auto auction platform CarTrade Technologies reported a 43% jump in profit after tax (PAT) to INR 25 Cr in the March quarter (Q4) of the financial year 2023-24 (F... Read More


New-Age Tech Stocks Witness A Volatile Week; TAC Infosec Top Gainer

India, May 5 -- Indian new-age tech stocks witnessed mixed performance this week as the broader market also remained volatile amid global political tension and FIIs continued to sell domestic shares. ... Read More


How Alphadroid Is Reinventing The Indian Hospitality Space With Its Autonomous Robot

India, May 4 -- From Bengaluru's first robot-enabled restaurant grabbing headlines in 2019 to the recent videos of a robot serving 'ice golas' (flavoured balls of ice) in the streets of Ahmedabad goin... Read More


TBO Tek's INR 1,551 Cr IPO To Open On May 8

India, May 4 -- B2B travel portal Travel Boutique Online or TBO Tek has set a price band of INR 875-INR 920 per equity share for its initial public offering (IPO). The IPO will open on Wednesday (May... Read More


Musk's Tesla Inc. Sues Indian Battery Maker Tesla Power For Trademark Infringement

India, May 3 -- Elon Musk's automotive giant Tesla has filed a legal suit against Delhi NCR and the US-based battery company Tesla Power in the Delhi High Court over infringement of trademark and unfa... Read More


Veteran Investor Shankar Sharma Offloads 2 Lakh Shares Of DroneAcharya In A Bulk Deal

India, May 3 -- Ace investor Shankar Sharma offloaded 2 Lakh shares or a 0.83% stake in drone startup DroneAcharya Aerial Innovations this week. Sharma, a pre-IPO investor in the startup, sold the sh... Read More


Freshworks Q1: Net Loss Narrows 45% YoY To $23 Mn, Revenue Jumps 20%

India, May 2 -- Nasdaq-listed Indian SaaS major Freshworks posted a consolidated net loss of $23.3 Mn in the first quarter ended March 31, 2024, registering a 45.3% decline year-on-year (YoY). Meanwh... Read More


Two-Wheeler EV Registrations Nosedive Over 50% MoM In April, Ola Takes 35% Hit

India, May 1 -- After crossing the 1 Lakh mark in March, electric two-wheeler registrations in the country dipped to almost an eight-month low at 64,013 units in April. Total registrations declined o... Read More


BJP Asks ECI To Take Steps To Address The Rising Use Of Deepfakes In Poll Campaign

India, May 1 -- The ruling Bharatiya Janata Party (BJP) has called on the Election Commission of India (ECI) to take steps to address the "alarming rise" in the use of deepfake videos amid the ongoing... Read More