Floodwaters of the overflowing Yamuna reached the entrance of the Supreme Court in Central Delhi on Friday as the regulator of the Delhi irrigation and flood control department at Indraprastha suffered damage on Thursday evening.
Funding for Indian startups dropped by 33 per cent to $24 billion in 2022 as compared to the previous year though it was nearly double the amount recorded in 2019 or 2020, said a PwC India report on Wednesday. Global investors were still positive about the Indian startup ecosystem despite the global slowdown, as per the report titled 'Startup Tracker-CY 22'. "Funding for Indian startups in CY22 was nearly $24 billion, a drop of 33 per cent in comparison to CY21 but was still more than twice the funds raised in CY20 and CY19 each", it said.
In Khufiya, a mother's journey, a lover's vendetta and a country's mission, skewed patriotism and moral disengagement coalesce and highlight the nature of the spying business, notes Sukanya Verma.
Ekta Kapoor invited her friends from the television industry for a brunch at her home to celebrate the Ganpati festival.
Indian mothers-in-law have decided to go for an image makeover as they form a union to improve their public image. About 500 mothers-in-law recently met in Bangalore demanding their rights and campaigning for a change in their public image, which has been marred in the wake of a string of torturous murders of some brides.
'IT companies do not have a large presence there either in terms of market and team. So, the impact of the war will be minimal. But West Asia is an emerging economy.'
JLO's dazzling bride, Kamal Haasan's action packed antics, Karan Johar in gossip mode, Sukanya Verma says it's all there on OTT this week.
In order to make it hassle-free, various start-up support groups such as TiE (The Indus Entrepreneur) and India Angel Network (IAN) are partnering with the digital NBFCs to extend debt finance to their member companies.
The Indian startup ecosystem has lauded the inclusion of startups in the New Delhi Leaders' Declaration for the first time ever in the history of G20. Industry stakeholders say that the move will lead to easier access to capital, reduce regulatory hurdles, and may revive funding activity. The Declaration, through the Startup20 initiative, recognised startups as "natural engines of growth" and key to socio-economic transformation by driving innovation and creating employment.
'Here's looking at you, my loving and lovely friend.. beautiful inside and out. Love you Mon!'
Mandira Bedi was inconsolable at her husband Raj Kaushal's funeral.
'Streaming will get to 100-200 million subscribers, but the journey is not as rose-tinted.'
Fintech and venture capital firms such as Recur Club, Razorpay and Trifecta Capital have come to the aid of homegrown start-ups caught in the crossfire of the Silicon Valley Bank fiasco. Alternative funding platform Recur Club said it was allocating $15 million to all Indian founders affected by the crisis. It will not charge any platform fee for the same.
Stories of rural India, campus capers, realistic family dramas and urban romance that are no longer picked up by film-makers, find their way to the Web, and the viewing experience is richer for the variety available.
After beautiful haldi and mehendi ceremonies, Karishma Tanna tied the knot with her businessman fiance Varun Bangera on February 5, in the presence of family and friends.
IT major Wipro Limited has appointed Satya Easwaran, a former senior executive at consultancy KPMG, as its India head. Easwaran will be in charge of strengthening Wipro's business in India across key industry sectors through strategic consulting, transformation and modernisation engagements, it said in a statement on Monday. "India is a strategic market for Wipro and I am excited to welcome Satya to champion our bold ambition for growth and leadership here.
Touted as a heart-rending family drama, Grahasti is the story of seven women belonging to the Khurana household and their journey as they cope with life after the loss of the only male member of the family.
It sent shock waves in the party -- a political greenhorn had taken on Modi in his home turf of Gujarat. Smriti had clearly tried to choose sides, in this case Vajpayee's camp. Many felt that this would end Irani's career. A revealing excerpt from Nidhi Sharma's new book She, The Leader: Women in Indian Politics.
The latest serial about to go on air is about boxing and features Kannada actress, Shobha M Lolanath as a woman boxer. The serial aptly titled, The Champion is produced by Famous Studio Limited, Mumbai.
We take you inside Karishma's haldi ceremony, held on February 3.
These unicorns, or startups valued at over USD 1 billion, are across industries, beyond technology and tech-enabled sectors as well, like pharmaceuticals, and consumer goods, Credit Suisse India equity strategist Neelkanth Mishra told reporters in Mumbai.
'The magic of Roja can never be replicated because how can you recapture the carefree innocence of childhood?'
Tripling Season 3 does not even make an attempt to entertain, feels Deepa Gahlot.
Television actor Tunisha Sharma was founding hanging on the sets of a serial in Mumbai on December 24, one more instance of a showbiz aspirant allegedly taking the extreme step.
The actor will be back in Phir Subah Hogi.
Indian startups received a record funding of $10.9 billion across 347 deals in the third quarter of 2021, according to a PwC India report. This is twice the amount of funding received in Q3 of the calendar year 2020 and an approximate increase of 41 per cent compared to the second quarter of 2021. An increase in funding activity was witnessed across all sectors in terms of value and volume.
Like software-as-a-service (SaaS), CaaS has emerged as a well-orchestrated ecosystem for cybercriminals.
There was Mandira and Krystle and Shabbir and Urvashi and Neelam and...
In January, Visa's chief executive officer, Al Kelly, said during an earnings call that "there's been a burst of the balloon in valuations in the fintech world". Noting that the trend of lower valuations "is a helpful characteristic of the current environment", he added: "We will look for capabilities and management teams that will bring more value to Visa than we can bring ourselves." Data from KPMG's Pulse of Fintech H2'22 shows that global fintech investment - via mergers and acquisitions (M&As), private equity (PE) and venture capital (VC) firms - at $164.1 billion in 2022, was down 31 per cent over the year before. Indian fintechs held up better during this timeframe, attracting $6 billion, or a fall of 24 per cent.
Indian start-ups raised issues, such as blockages in international wire transfers, disruptions due to threshold limits on withdrawals, lack of communication from US agencies, and the need for preferential access to credit, in a meeting with the government over the fallout of Silicon Valley Bank's collapse. Rajeev Chandrasekhar, minister of state for electronics and information technology, held a virtual meeting with over 450 members from start-ups, venture capitalists, and investors who have been directly affected by the closure of SVB. He assured them that the IT ministry would put together a list of suggestions and give it to the finance minister on behalf of start-ups.
Postman, a leading application programming interface platform, has secured $225 million in a Series D round, placing its valuation at $5.6 billion. With this, Postman has emerged as the most-valued software-as-a-service (SaaS) firm started by Indian founders, overtaking web and mobile testing firm BrowserStack, which was valued at $4 billion in June. The valuation of the San Francisco-headquartered firm with offices in Bengaluru, where it was founded, has almost trebled in just about one year and risen multi-fold since 2019. Postman, with team members spread across four continents, had secured $150 million in a Series C investment round led by Insight Partners at a $2-billion valuation last summer.
'I told myself, I will be 23 next year. Why can't I be a billionaire too?'
Television actor Sameer Sharma allegedly died by suicide at his home, police said.
JP Morgan has downgraded the Indian information technology sector to 'underweight' as it believes the heydays of the sector are over. Rising margin headwinds in the near-term and the revenue headwinds in the medium-term from a potential macro slowdown, Ankur Rudra and Bhavik Mehta of JP Morgan said in the report, will mean that the sector's earnings upgrade cycle is behind. "We see peak revenue growth behind us and earnings before interest and taxes (EBIT) margins trending down from inflation, mean revision.
'I got a very simple one-line brief from Ekta Kapoor that this character is like the Ramayan's Ram -- ideal husband, son and maryada purushottam.'
Where the larger-than-life villain hogged the show by hurting the hero or throwing hurdles in his path, the role of his female counterpart has evolved from seductive sidekick to she-devil.
Indian startups have raised $42 billion in 2021, up from $11.5 billion in the previous year, a report by Orios Venture Partners said. The report titled 'The Indian Tech Unicorn Report 2021' said India saw 46 unicorns (companies with $1 billion valuations) in 2021 alone, more than doubling the total number of unicorns to 90. These include ShareChat, Cred, Meesho, Nazara, Moglix, MPL, Grofers (now Blinkit), upGrad, Mamaearth, GlobalBees, Acko, Spinny and others. India - with 90 unicorns - is the third-largest unicorn hub behind the US (487) and China (301), and ahead of the UK (39).
Businesses of various scales can improve productivity and affordability of their products and services by building tech intensity, Microsoft CEO Satya Nadella has said. Nadella noted that organisations globally are undergoing digital transformation amid the COVID pandemic, and that trends like hybrid work, hyperconnected business and multi-cloud environments require "a boundaryless digital ecosystem where trust between different parties needs to be established in real-time". "Digital technology is a powerful deflationary force in an inflationary economy. Businesses - small and large - can improve their productivity as well as the affordability of their products and services by building tech intensity," he said.
