Three points you will get to know in this article: Corning Inc., the renowned US-based Gorilla Glass manufacturer and key Apple supplier, is set to make a significant investment of INR 1,000 Crores in establishing a cutting-edge manufacturing facility in Tamil Nadu. This strategic move is anticipated to serve as the company’s official debut in the Indian market. As reported…
Three points you will get to know in this article: Despite the Indian stock markets reaching record highs this week, modern tech stocks faced a mixed scenario, experiencing mostly constrained movements. Notably, a selling trend emerged across various counters. Among the 19 new-age tech stocks covered by Inc42, eleven witnessed declines ranging from 0.2% to a substantial 25% this week.…
Three points you will get to know in this article: BYJU’S, the embattled edtech startup, has encountered a temporary delay in issuing the November salaries to approximately 1,000 team members due to an unforeseen technical hiccup. Promise of Salary Disbursement by Monday The company, currently facing challenges, follows a salary cycle that resets at the commencement of each month. Despite…
Three points you will get to know in this article: In the exhilarating month of November, registrations for electric two-wheelers maintained their stride, experiencing a notable 14% month-on-month surge. This propelled them beyond the impressive milestone of 85,000 units, fueled by robust demand for leading electric vehicle (EV) manufacturers amid the festive season festivities. According to the latest insights from…
Three points you will get to know in this article: PhonePe, the digital payments unicorn, is poised to launch consumer lending services on its platform by January of the upcoming year. In a strategic move into the consumer lending arena, PhonePe, backed by Walmart, is set to commence operations initially as a facilitator for personal loans. According to a report…
Overview: What is CRM and Why Do You Need It? Customer Relationship Management, or CRM, is the digital hub that organizes, manages, and nurtures your interactions with customers. It’s like having a personal assistant dedicated to understanding your customers and their needs. But why do you need it? Well, imagine juggling multiple conversations, tracking countless emails, and keeping tabs on…
Three points you will get to know in this article: Fino Payments Bank, headquartered in Mumbai, has secured the nod from the Reserve Bank of India (RBI) to appoint Rajat Kumar Jain, the former managing director of Xerox India and Walt Disney India, as its part-time chairman. This significant appointment coincides with Fino Payments Bank’s strategic focus on digital expansion…
Three points you will get to know in this article: Seafund, a budding venture capital enterprise in its early stages, is in the process of raising its second fund, aiming for a substantial corpus of INR 250 Crores. The firm has recently thrown its support behind five innovative deeptech startups, channeling a total investment of INR 5 Crores into these…
Three points you will get to know in this article: BYJU’S, the prominent edtech decacorn, responded on Wednesday (November 29) to show cause notices from the Enforcement Directorate (ED), describing them as ‘purely technical’ and expressing confidence in effectively addressing the issue. ED Queries and BYJU’S Compliance In an official statement, the company clarified that the ED’s inquiries mainly stem…
Three points you will get to know in this article: The Internet and Mobile Association of India (IAMAI), dedicated to championing the interests of internet and technology companies, has enlisted seasoned leaders from Ninjacart and WhatsLoan to spearhead its recently established Agritech Panel. In this exciting development, Pradeep Rathnam, the accomplished fintech head at Ninjacart, assumes the esteemed role of…
