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'Unacceptable inequality of treatment': Belgium cultural venues to defy indoor ban, reopen illegally
World

'Unacceptable inequality of treatment': Belgium cultural venues to defy indoor ban, reopen illegally

Belgian authorities are organising test events but have not yet given venues and their workers a solid green light to reopen.

Heranba Industries IPO allotment status finalised: Follow these steps to check share allocation
Business

Heranba Industries IPO allotment status finalised: Follow these steps to check share allocation

The shares allotted are likely to get credited to the Demat accounts of all the investors who are eligible by today

Centre amends Insurance Ombudsman Rules; consumers can now file complaints digitally
Business

Centre amends Insurance Ombudsman Rules; consumers can now file complaints digitally

Policyholders will now be enabled to make complaints electronically to the ombudsman and a complaints management system will be created to enable policyholders to track the status of their complaints online

RailTel share price surges 20% post Friday’s premium listing as it goes 55% over IPO price
Business

RailTel share price surges 20% post Friday’s premium listing as it goes 55% over IPO price

RailTel share price today: Being listed at Rs 109 per share on the National Stock Exchange (NSE) on Friday, RailTel had 11.28 percent listing premium from its issue price of Rs 93 to Rs 94 for every share.

Narendra Modi defends push for privatisation, says govt has 'no business to be in business'
India

Narendra Modi defends push for privatisation, says govt has 'no business to be in business'

The prime minister made the remarks on Wednesday while speaking at a webinar on privatisation by the Department of Investment and Public Asset Management

Video software platform Vimeo valued at nearly $6 billion in a new round of fundraising
Business

Video software platform Vimeo valued at nearly $6 billion in a new round of fundraising

In December, Vimeo saw its highest month of year-over-year revenue growth—57 percent—for all of 2020.

Indian edtech startups received over $2.22 billion funding in 2020 as compared to $553 million in 2019
Business

Indian edtech startups received over $2.22 billion funding in 2020 as compared to $553 million in 2019

The report states that the Indian subcontinent is one of the largest markets for education with 360 million learners in FY20.

Reddit, an online community platform acquires short-video making social media platform Dubsmash
Business

Reddit, an online community platform acquires short-video making social media platform Dubsmash

The financial aspects of the deal, which saw the acquisition of Dubsmash by Reddit, are yet to be disclosed.

Hyundai Motor Group buys controlling stake in the robotech company Boston Dynamics
Business

Hyundai Motor Group buys controlling stake in the robotech company Boston Dynamics

The acquisition of Boston Dynamics by Hyundai Motor Group raises its valuation to $1.1 billion.

Flipkart Wholesale sold goods worth Rs 34,170.5 crore, up by 11.8 percent in the financial year 2020 as compared to financial year 2019
Business

Flipkart Wholesale sold goods worth Rs 34,170.5 crore, up by 11.8 percent in the financial year 2020 as compared to financial year 2019

Loss during the financial year 2020 went down by 22.3 percent to Rs 3,150.3 crore from Rs 3,853.3 crore in the financial year 2019.

Twitter brings on board the team behind video calling and screen-sharing social media app Squad
Business

Twitter brings on board the team behind video calling and screen-sharing social media app Squad

What will not be coming on board is the social media app itself which will be shutting down on 12 December 2020.

Amazon Pay India's loss widens to Rs 1,868.5 crore in financial year 2020 reports Tofler
Business

Amazon Pay India's loss widens to Rs 1,868.5 crore in financial year 2020 reports Tofler

The company saw its parent pumping in over Rs 2,700 crore investment in the financial year 2020.

Mumbai-based Infra.Market bags $20 million in Series B funding from Evolvence, Sistema
Business

Mumbai-based Infra.Market bags $20 million in Series B funding from Evolvence, Sistema

The company plans to use the fresh funds to enter newer markets and push initiatives such as D2R.

Indian agri supply chain startup WayCool Foods raises $7.8 million in debt from RBL Bank, others
Business

Indian agri supply chain startup WayCool Foods raises $7.8 million in debt from RBL Bank, others

WayCool has raised about $70.6 million from investors like Lightbox, LGT Lightstone and others in a bid to drive to digital and mechanical automation across all its distribution units.

Indian health-tech platform 5C Network bags $1.2 million in pre-Series A funding from investors
Business

Indian health-tech platform 5C Network bags $1.2 million in pre-Series A funding from investors

The company plans to use the raised funds in the expansion of its client base to more hospitals and diagnostic centres.

Artificial Intelligence platform Mihup raises $1.5 million in Series A funding round led by Accel
Business

Artificial Intelligence platform Mihup raises $1.5 million in Series A funding round led by Accel

The company plans to use the new funds raised in the expansion of its team and entrance into new markets.

Fintech startup smallcase Technologies raises an undisclosed amount of funding from HDFC bank and others
Business

Fintech startup smallcase Technologies raises an undisclosed amount of funding from HDFC bank and others

The funding round also saw participation from existing investors such as DSP Group, Sequoia Capital India, Blume Ventures and others.

OnePlus co-founder Carl Pei secures $7 million fund for new undisclosed venture from investors and friends
Business

OnePlus co-founder Carl Pei secures $7 million fund for new undisclosed venture from investors and friends

Pei planning to use the seed investment to set up a head office in London, hire talent, and fund product research and development efforts.

DeepTech Startup Atomberg Technologies secures Rs 70 crore funding led by A91 Partners
Business

DeepTech Startup Atomberg Technologies secures Rs 70 crore funding led by A91 Partners

Atomberg aiming to use funds raised to strengthen distribution networks and build brand awareness.

Fisdom raises $7 million fresh funds in a funding round led by payment platform PayU
Business

Fisdom raises $7 million fresh funds in a funding round led by payment platform PayU

Wealth management portal Fisdom plans to invest fresh funds into product development and customer and business acquisition.