Новости за 08.05.2024

Tech VC in funding talks with portfolio co Icertis, which is stitching up a $150m secondary round

Srinivas Pallia, the new CEO of Wipro, sets ambitious goals to accelerate large deal momentum, strengthen client relationships, focus on industry-specific profits, build AI-ready talent, and simplify the operating model for future growth.

LTIMindtree aims to reach $10 billion revenue by 2030 through organic growth and acquisitions. Despite challenges in market conditions, the company focuses on strategic changes to drive growth and improve margins.

Tata Digital undergoes significant senior management changes under CEO Naveen Tahilyani, impacting the team behind Tata Neu superapp. Several executives from the original team that launched supperapp have now left.

Shiprocket, an ecommerce logistics startup, expands revenue streams beyond shipping to include marketing, sourcing, payments, and lending services. Praful Poddar, the chief product officer, outlines the company's revenue sources and growth strategies in detail.

Advertising-as-a-service to start in June-July; India Post in advanced stages of integration as logistics service provider

Anirudh Ravichander and Yashraj Mukhate lead AI experimentation in music. Ad-film makers and marketers embrace AI for cost-effective content creation. General purpose AI tools gain traction for creative endeavors in various industries.

Aditya Birla Finance invoked loan guarantees from Paytm due to defaults. Partnership stress with other lenders. Paytm's lending business faces challenges post central bank's ban. Changes in top management. Reduced consumer loan portfolio to less than 1%.

Lenders may oppose the draft rules, which proposes provisioning of up to 5% from current 0.4%, due to concerns over rising interest rates and potential disruption to capital expenditure. Banks plan to lobby against the steep increase, arguing it could affect project viability and economic momentum. State-owned NBFCs and infrastructure firms are also raising concerns, emphasizing the need to balance risk and support for infrastructure financing.

Nita Ambani leads the 10th year of The Economic Times’ 40 under Forty listing, with a 13-member jury selecting India Inc’s future business leaders in Mumbai on May 9, including prominent figures from various industries.

In a recent judgement, the high court termed the EPF scheme provisions covering 'international workers' unconstitutional if international workers earning several lakhs are required to contribute to provident fund on their full salary, whereas the contribution is capped at Rs 15,000 for Indians working overseas.

When a company receives final observation from Sebi, it's a signal from the regulator to go ahead with the IPO. The regulator issued its final observations on the draft papers last week.

Shares of Marico, Godrej Consumer Products, Hindustan Unilever, Dabur India, Emami, Britannia Industries and Nestle India ended 2-10% higher on Tuesday even as benchmark indices closed 0.5-0.6% lower.

With forecasts about the performance of the BJP-led NDA, the Dalal Street favourite, fluctuating wildly recently, analysts said the undertone has turned nervous, reflecting in the surge in VIX.

Funding led by Singapore's GIC and US-based Meritech Capital values startup at $750 million, up from $450 million in March 2022 when it last raised funds

The stock price rose from Rs 237 as on May 5, 2023, to Rs 460 as on May 6, 2024, which translates into an upside of over 94% in a year. It hit a record high of Rs 487 on February 16, 2024, but failed to hold the momentum and witnessed time-wise and price-wise consolidation.

Blade Runner is a long running franchise with two films having been launched and this time a sequel series titled 'Blade Runner 2099' is currently in the development stage with Michelle Yeoh being cast as the lead.

Pamela Anderson has always been known to explore 'the road not taken' with her fierce and bold attitude. Met Gala 2024 was no different as she opted for a decidedly more natural makeup than many other stars who graced the carpet on the gala night.

Yellowstone 2024 will continue the Dutton family saga. The sequel will be produced after the grand finale of the existing season.