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Venture Catalysts leads funding in prominent ONDC rails infrastructure platform Plotch.ai

Apr 1, 2024

Mumbai, April 1 (IANS) Early-stage investment firm Venture Catalysts, on Monday, said that it has led a seed funding round in Plotch.ai, the country's largest Open Network for Digital Commerce (ONDC) rails infrastructure company. Plotch.ai's partnership with Google to integrate AI into the ONDC network is a move to promote local language adoption…

Real estate, metal stocks lead sectoral gainers

Apr 1, 2024

New Delhi, April 1 (IANS) Real estate stocks are the top sectoral gainers on Monday with the index up more than 3 per cent.The BSE Real Estate Index is up 3.86 per cent led by Prestige Estates which is up almost 7 per cent. DLF is up more…

Business

Ola Electric ends FY24 with record 115 pc growth

Apr 1, 2024

Bengaluru, April 1 (IANS) Ola Electric achieved a growth of 115 per cent (year-on-year) in FY24 over FY23 with 328,785 units registered as against 1,52,741 units in FY23, the company said on Monday. The company grew by 42 per cent…

Business

RBI directs banks to step up hassle-free loans to Self Help Groups

Apr 1, 2024

Mumbai, April 1 (IANS) The RBI on Monday directed all banks to provide adequate incentives to their branches in financing the Self Help Groups (SHGs) and establish linkages with them, making the procedures simple and easy. “The group…

Business

IT companies likely to report a muted quarter again

Apr 1, 2024

New Delhi, April 1 (IANS) Subpar growth should persist in Q4 for IT companies as muted demand trends continue on account of weak discretionary spending and cautious behaviour by clients, amid uncertain macros, Emkay Global Financial…

Business

PM lauds RBI, says India must become financially ‘Atmanirbhar’ in 10 years

Apr 1, 2024

Mumbai, April 1 (IANS) Over the next 10 years, India must strive to become a ‘financially Atmanirbhar’ economy that is shielded from all global events and continues to march ahead confidently for progress and development, Prime Minister,…

Business

Gold prices soar to record high

Apr 1, 2024

Mumbai, April 1 (IANS) Gold prices rose to a new lifetime high of $2,263.53 per ounce in the international market on Monday as geopolitical tensions increase in Central Asia, and the US Fed has signalled a rate cut.Tracking the rally in the…

Business

Audio streaming platform Pocket FM completes 1st ESOP buyback worth $8.3 mn

Apr 1, 2024

New Delhi, April 1 (IANS) Audio series platform Pocket FM on Monday announced it has completed its first ESOP (employee stock ownership plan) buyback worth $8.3 million.Several former and existing employees, holding vested stocks in the…

Business

boAt launches 1st ‘India-made’ headphones with head-tracking 3D audio, spatial sound

Apr 1, 2024

New Delhi, April 1 (IANS) Homegrown audio and wearable company boAt on Monday launched India’s first headphones with head-tracking 3D audio and spatial sound features.By harnessing spatial audio technology and integrating state-of-the-art…

Business

Metal stocks lead spurt in Sensex

Apr 1, 2024

New Delhi, April 1 (IANS) Sensex is up more than 400 points in trade on Monday led by metal stocks.Sensex is trading at 74,053 points, up by 402 points. JSW Steel is up more than 4 per cent, Tata Steel is up more than 3 per cent.V K…

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