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
Binance, a cryptocurrency exchange, will help victims of a $615 million robbery Read More »
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
CynLr, a deep-tech start-up raises $4.5 million to develop intelligent robots Read More »
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
Rakesh Gangwal, the co-founder of IndiGo, donated Rs 100 crore to IIT Kanpur Read More »
This Monday morning, cryptocurrency markets are displaying a little upward trend. According to CoinMarketCap data, the global market cap increased by 0.72 % in the last 24 hours to $2.15 trillion as of 8:00 a.m. IST. Bitcoin is currently priced at $45,940, up 0.70 %. Ethereum is now priced at $3,489, up 1.30 %. In
The global market capitalization of cryptocurrency has increased by 0.72% Read More »
Stanza Living, a co-living startup, has announced the all-cash acquisition of Singularity Automation, an enterprise IoT provider. The deal’s value was not disclosed by the corporation. The acquisition, according to Stanza Living, will reinforce the company’s current unique technology ecosystem, allowing it to focus more quickly on building highly customized IoT-based solutions for the shared
Start-up Stanza Living acquires IoT company Singularity Automation Read More »
For improved client experience, logistics upstart Delhivery has formed a cooperation with Reliance-owned retail and apparel e-commerce site Ajio. According to an official release, the cooperation will address the problem of low-quality returned items and ensure that they are repurposed for sale. To develop a strong footing in the e-commerce business, Reliance has made various
Delhivery partners with Ajio to enhance customer experience Read More »
As per the notification issued by the Ministry of Corporate Affairs (MCA) on March 31, 2022, the deadline for using accounting software with an audit trail recording feature has been extended until April 1, 2023. Previously, the deadline had been set for April 1, 2022. The same is now applicable from 1st April 2023. By
Due Date for Audit Trail Applicability Extended to April 1, 2023 Read More »
Petrol and diesel prices were raised by at least 80 paise a litre on Thursday, with the former crossing the Rs 100 barrier. After a four-month respite, petrol and diesel prices have risen for the eighth time since last week, with an aggregate increase of up to Rs 6.40 per litre. According to a price
Fuel prices rose by Rs 6.40 in 10 days Read More »
Class plus, a Noida-based B2B ed-tech startup, has raised $70 million in a Series D fundraising round led by Tiger Global and Alpha Wave Global, valuing the company at almost $600 million. Class plus raised $65 million in June 2021, and this round of funding comes nearly eight months later. As part of the latest
Class plus raises $70 million and valuation soars 2X to$600 million Read More »
