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realme’s new mantra for youth in 2024: ‘Make it real’

Jan 3, 2024

New Delhi, Jan 3 (IANS) The year 2023 marked a series of remarkable achievements for realme. Celebrating its fifth anniversary, the brand also reached the significant milestone of shipping 200 million smartphones globally.In addition to these accomplishments, realme significantly expanded its distribution network to 50,000 stores and grew its user…

Only two unicorn companies were created in 2023 compared to 21 in 2022

Jan 3, 2024

New Delhi, Jan 3 (IANS) The value of investments by Private Equity - Venture Capital (PE-VC) firms in India fell by 38 per cent to less than $30 Billion in 2023. PE-VC firms invested $29.7 Billion (across 756 deals) in Indian companies in…

Business

RT India brings its first multi-stage integrated advertising campaign to India, challenging…

Jan 3, 2024

New Delhi, Jan 3 (IANS) RT India has launched its first major multi-stage integrated India-wide advertising campaign, challenging geopolitical assumptions and the mainstream media’s narratives on India.The provocative out-of-home, online…

Business

40 companies looking to raise nearly Rs 70,000 cr through IPO let their approval lapse in 2023

Jan 3, 2024

New Delhi, Jan 3 (IANS) The IPO pipeline for 2024 continues to remain strong. 27 companies proposing to raise Rs 28,500 crore are presently holding SEBI approval while another 36 companies looking to raise about Rs 40,500 crore are awaiting…

Business

Black Box to accelerate global growth plans with ambitious hiring drive in India

Jan 3, 2024

New Delhi, Jan 3 (IANS) Black Box Limited, a global Information & Communications Technology (ICT) Solutions Provider, is poised to embark on an exciting phase of growth and plans to expand its innovation and center of excellence within…

Business

Of the 57 IPOs in 2023, 41 received mega response of more than 10 times

Jan 3, 2024

New Delhi, Jan 3 (IANS) A total of 57 Indian corporates raised Rs 49,434 crore through main board IPOs in 2023, 17 per cent lower than the Rs 59,302 crore mobilized by 40 IPOs in 2022, according to Prime Database. However, excluding the…

Business

Palo Alto CEO Nikesh Arora becomes a rare non-founder billionaire

Jan 3, 2024

San Francisco, Jan 3 (IANS) Nikesh Arora, a SoftBank veteran and now the CEO of cybersecurity company Palo Alto Networks, has entered the billionaires’ club after a hefty paycheck he received from the firm.He had received a $125 million…

Business

AI will be at the forefront of smartphone tech transformation: Industry

Jan 3, 2024

New Delhi, Jan 3 (IANS) Artificial Intelligence (AI) will significantly transform the IT and technology sector, including upcoming smartphones, in India and will play a crucial role in enhancing battery life, improving camera quality and…

Business

Domestic funds who have been consistent buyers are booking profits

Jan 3, 2024

New Delhi, Jan 3 (IANS) Market has turned highly volatile with profit booking triggered by high valuations and even DIIs who have been consistent buyers are booking profits, says V.K. Vijayakumar, Chief Investment Strategist at Geojit…

Business

Startup Frontdesk lays off entire staff over 2-minute ‘Google Meet call’

Jan 3, 2024

San Francisco, Jan 3 (IANS) Online rental platform Frontdesk has become the first tech startup to lay off employees in 2024 -- its entire 200-person workforce -- during a “two-minute Google Meet call”.The layoffs included full-time,…

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