MUMBAI: Four early investors in Billionbrains Garage Ventures that operates the leading fintech platform Groww, are together selling 4.3% stake worth about $500 million (close to Rs 4,800 crore) in the recently-listed company. Peak XV, Sequoia, Y Combinator and Ribbit, the selling shareholders, have mandated Kotak Securities and JP Morgan India to sell the shares…
NEW DELHI: Moving to implement the new rural employment framework, the Centre on Monday notified July 1 as the date from when the Viksit Bharat – Guarantee for Rozgar and Ajeevika Mission (Gramin) Act 2025 will come into force. The UPA era Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), 2005 shall stand repealed from…
MUMBAI: Indians’ love for gold is ever shining but the steep prices of the yellow metal over the past several quarters have nudged consumers to find ways to ease burden on their pockets while keeping the heft and appeal of jewellery intact. For instance, consumers are buying less of new gold but instead recycling or…
NEW DELHI: India cannot afford to remain a passive consumer in the AI era and must urgently build its own frontier-scale artificial intelligence models if it wants to shape global technology rules, according to Pratyush Kumar, co-founder of Sarvam AI.Speaking at the CII Business Summit, Kumar said Sarvam is now preparing to train its first…
NEW DELHI: Govt is steadfast in pursuing reforms along with policy certainty, which will ensure that India not only maintains macroeconomic stability but also emerges as a globally competitive economy, principal secretary to PM Shaktikanta Das said Monday, while listing out seven strategies that the corporate sector may adopt to build resilience.Addressing the CII annual…
MUMBAI: Investors continued to invest in equities, debt and gold through the mutual fund route despite volatile markets due to geopolitical tensions. In April, net inflows in equity funds were at Rs 38,440 crore, down marginally from Rs 40,450 crore in March while the corresponding figure in debt funds showed a huge reversal with a…
A day after Prime Minister Narendra Modi’s call for austerity measures to curb fuel consumption, including reviving work-from-home, companies have begun reviewing the possibility of getting at least some employees to come to office on fewer days.Large conglomerates, including the Tata Group and Reliance Industries, are reassessing workplace policies and exploring greater flexibility for employees…
BENGALURU: LTM (formerly LTIMindtree) increased fresher hiring by 40% in FY26 and expanded the deployment of AI agents across its workforce. At the same time, the company relied more on subcontractors in overseas markets and adopted a calibrated salary hike strategy amid macroeconomic uncertainty The IT firm onboarded more than 6,700 freshers during 2025-26, strengthening…
Dwyane Wade and Zaya Wade (Image Via Getty) Life after basketball has given former NBA star Dwyane Wade a very different kind of spotlight. Instead of championships and playoff pressure, Wade has spent the last few years speaking openly about family, parenting and supporting his daughter Zaya Wade after she came out as transgender. The…
Michael and Susan Dell . (AP Photo/Frank Franklin II) Dell Technologies stock hit an all-time high of $263.99 on Friday, May 8. The Dell stock surged as much as 14.6% intraday, which pushed Dell shares up more than 107% year-to-date. The jump came after President Donald Trump reportedly used a Mother’s Day event at the…