Udaan, a B2B e-commerce firm, may go public on local stock exchanges early next year. According to Aditya Pande, Udaan’s Chief Financial Officer (CFO), the company is on track to go public in the next 12-18 months. BusinessToday. Pande’s note to staff was accessed, in which he also announced Microsoft’s participation in the capital raise […]

In the last 24 hours, cryptocurrency markets have been on the decline. According to CoinMarketCap data, the global market cap has dropped 1.73% in the last 24 hours and is now $1.8 trillion as of 8:00 a.m. IST. Bitcoin is currently priced at $39,782, down 1.45%. Ethereum is now priced at $2,993 after falling 2.02%.

The chairman and managing director of PVR Ltd., Ajay Bijli, is an accomplished singer who just released a music video with his band Random Order. ‘Don’t let the sun go down on me,’ was first performed by Elton John in 1974. For Bijli, who has been singing the song since he was a toddler, it

In the previous 24 hours, cryptocurrency markets have plummeted. According to CoinMarketCap data, the global market cap has dropped 2.87 % to $1.87 trillion as of 8:00 a.m. IST. Bitcoin is currently priced at $40,033, down 3.32 %. Ethereum is now trading at $3,025, down 3.42 %. In the last 24 hours, the USDT Tether

Pralhad Joshi, the coal minister, announced on Wednesday that the country’s coal production increased by 8.5% to a new high of 777.23 million tonnes (MT) in FY22. With the start of the summer season, there have been rumours of coal shortages due to increased demand for energy. According to Joshi, India’s coal sector set a

According to company papers obtained by BT from business intelligence platform Tofler, BharatPe’s losses nearly quadrupled to Rs 1619 crore in FY21 from Rs 912 crore in FY20, even though revenue from operations increased to Rs 119 crore in FY21 from Rs 6 crore in FY20. Employee engagement costs have also increased dramatically, up to

T Rabi Sankar, Deputy Governor of the Reserve Bank of India, said on Thursday that the launch of India’s first digital currency requires a sophisticated and calibrated approach because it will have multiple ramifications for the economy and monetary policy. In 2022-23, the RBI plans to release a central bank-backed digital money based on blockchain

The business targeted in the heist, Binance, said on Wednesday that it is leading investors’ contributions to a bailout of victims of a $615 million digital token theft. The game Axie Infinity, which is hosted by the Vietnam-based business Sky Mavis, was hit by one of the largest crypto heists on record last week, leaving

CynLr, a deep-tech start-up, has raised $4.5 million in funding, which it will use to establish a corporate presence in the United States, grow its team to over 50 individuals, and increase its capacity to address the current pipeline of customers and deploy 100 robots per year. CynLr is a visual object intelligence platform headquartered

Rakesh Gangwal, an IIT Kanpur alumni and co-founder of budget carrier IndiGo, has offered a personal donation of Rs 100 crore to support his alma mater’s School of Medical Sciences and Technology. In a series of tweets, IIT Kanpur Director Abhay Karandikar verified the news. “Here is big news from IIT Kanpur. In an extraordinary