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Zerodha’s Nikhil Kamath launches non-dilutive grant fund for young entrepreneurs

Apr 15, 2024

New Delhi, April 15 (IANS) Leading stock broker Zerodha co-founder Nikhil Kamath on Monday launched a non-dilutive grant agnostic fund 'WTFund', dedicated to nurturing young, promising entrepreneurs aged 25 and under. This initiative focuses on individuals who have the potential to revolutionise their industries through creative ideas and…

Sensex down more than 300 points on global headwinds

Apr 15, 2024

Mumbai, April 15 (IANS) BSE Sensex is trading down by more than 300 points as the markets face headwinds from global factors.Sensex is trading at 73,867 points, down by 377 points on Monday. Hindustan Unilever, Tata Motors, ICICI Bank, Tech…

Business

IITians-founded AI startup PineGap.ai raises $2.5 million

Apr 15, 2024

New Delhi, April 15 (IANS) AI SaaS startup PineGap.ai on Monday said it has raised $2.5 million in its seed round led by US-based investors SVQuad and Inventus Capital to strengthen its equity research platform. Co-Founded by IIT-BHU…

Business

Edtech firm upGrad created 55,000 jobs in FY24

Apr 15, 2024

Mumbai, April 15 (IANS) Edtech and skilling major upGrad on Monday announced a steady growth in its annual placements and transitions with a record of 55,000 jobs in FY24. These include new jobs, career switches, and promotions in nearly…

Business

Byju’s CEO Arjun Mohan quits, company to consolidate biz in 3 units

Apr 15, 2024

New Delhi, April 15 (IANS) In an abrupt move, Arjun Mohan, who was elevated as the embattled edtech firm Byju CEO just about seven months back, has quit to pursue other opportunities, the company confirmed on Monday.The company’s Co-founder…

Business

Global smartphone sales up 7.8 pc, Samsung clinches top spot from Apple

Apr 15, 2024

San Francisco, April 15 (IANS) Samsung clinched the top spot in the smartphone market from Apple in the first quarter (Q1) of 2024, preliminary data from global research firm IDC said on Monday.Global smartphone shipments increased 7.8 per…

Business

Correction and consolidation ahead, trade cautiously

Apr 14, 2024

New Delhi, April 14 (IANS) The week gone by had four trading sessions in which markets gained on two and lost on two. At the end of it all, benchmark indices ended virtually flat but gave loud indications that all is not well. As one reads…

Business

Liquidity from global equity markets fuelling fresh investment in gold

Apr 14, 2024

New Delhi, April 14 (IANS) The risk on trade in global markets is witnessing a huge rally in equities as well as gold.There is an emerging view that the rally in gold is being fuelled by the surge in equities.“Record-high gold prices have…

Business

Hyundai Motor & Kia set to top $72 billion in combined market cap

Apr 14, 2024

Seoul, April 14 (IANS) The combined market capitalisation of Hyundai Motor and Kia is widely expected to surpass the 100 trillion-won ($72.2 billion) mark this year, according to industry watchers. Currently, the combined market…

Business

Markets likely to remain volatile on global concerns

Apr 14, 2024

New Delhi, April 14 (IANS) Investors are closely monitoring Q4 earnings and geopolitical events, which are poised to shape market direction, says Vinod Nair, Head of Research at Geojit Financial Services.Escalating geopolitical tensions in…

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