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Page 2 of Web First

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funds
Blume Ventures raises $250 mn in its fourth and biggest fund so far

Blume’s investment corpus has grown from $20 million in its first fund to $60 million in the second and $102…

Updated: December 7, 2022 18:13 IST
Sharechat, Sharechat lay off, Sharechat laid off, Sharechat workforce
Social media app Sharechat lets go of 5% of its employees

Jeet11 which offers fantasy cricket and a few other online games was launched in February 2020 to compete with other…

December 2, 2022 18:19 IST
Puneet Chandok
AWS to continue investing in India, create 48,000 jobs per year

The firm, which skilled about 3 million people in India on cloud in the last five years, also intends to…

Updated: December 2, 2022 08:07 IST
Werner Vogels, amazon
Cloud, spatial computing and simulation among technologies in 2023: Amazon CTO

“In the coming years, every facet of every sport will undergo a digital transformation, and this will happen at every…

Updated: December 2, 2022 07:55 IST
Essar, Essar investment, Essar investment in odisha
Odisha Summit: Essar to invest Rs 57,000 crore in state; Petrochem plant, iron ore pellets unit among projects planned

First-of-its kind crude-to-petrochemicals plant, iron ore pellet unit among projects planned

Updated: December 2, 2022 00:43 IST
Anupam Mishra
AWS assures data sovereignty to clients using cloud services in India

“We are 100% committed to helping data sovereignty as much as possible and we provide tools for it. A customer…

Updated: November 30, 2022 08:42 IST
AWS
AWS launches second infrastructure region in India, to invest $4.4 billion by 2030

The investment is also estimated to create an average of more than 48,000 full-time jobs annually, which will be part…

Updated: November 22, 2022 11:42 IST
CPI inflation
Expect CPI inflation for October lower than 7%: Shaktikanta Das

The CPI inflation has remained above 7% for two consecutive months, after dipping to 6.7% in July.

Updated: November 12, 2022 16:58 IST
FM Sitharaman, US treasury secy call for bolstering economic ties amid global turmoil

Yellen stressed that Russia’s “unjustified invasion” of Ukraine “generated an unwelcome shock to fuel and food prices and greatly exacerbated…

November 11, 2022 16:19 IST
plum insurance layoff
Tiger Global-backed Plum Insurance to sack 36 employees

Plum, that provides group health insurance to corporates said it has close to 2,000 clients, some of which include Swiggy,…

Updated: November 9, 2022 13:51 IST
LIFE INSURANCE
New business premium for life insurance industry rises 15.32% in October

New business premium or the first-year premium of private sector life insurance companies in October grew 11% y-o-y to Rs…

Updated: November 8, 2022 11:33 IST
Cognizant net profit
Cognizant net profit up 15.6% YoY, lowers 2022 revenue growth guidance to 7% 

The Teaneck, New Jersey-based firm expects its full year 2022 revenue to grow 7% in constant currency to about $19.3…

Updated: November 3, 2022 12:08 IST
rishad premji on IT sector
IT sector needs to find new locations, talent sources to address attrition: Rishad Premji

“Covid has shown us that work can be done remotely and at scale. This would make it easier to widen…

Updated: November 2, 2022 18:03 IST
udaan funding
Udaan bags $120mn in funding via convertible notes

A person aware of the fundraise told FE that Udaan was valued at around $3.2 billion in this funding round.

Updated: October 27, 2022 15:48 IST
MoS IT Rajeev Chandrasekhar
Want internet to be free from market domination by anyone: MoS MeitY Rajeev Chandrasekhar

With a fine of Rs 936 crore on Tuesday, in total the competition watchdog has imposed a fine of Rs…

Updated: October 27, 2022 15:37 IST
spectrum
Govt working to ensure efficient use of spectrum, telecom secy says

“(As) technologies evolve continuously, therefore, the use of spectrum also needs to evolve…to give ways to effective and more productive…

Updated: October 26, 2022 20:11 IST
Google
CCI slaps Rs 1,338-crore penalty on Google

Further, Google also secured significant competitive edge over its competitors, in relation to its another revenue earning app such as…

Updated: October 20, 2022 22:26 IST
SEBI, adjusted gross revenue, vodafone idea,
SEBI clears way for govt to become largest shareholder in Vodafone Idea, forego dues

Since an open offer will also give the benefit to existing shareholders to exit the company, it will result in…

Updated: October 20, 2022 20:20 IST
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