Sarvam, India’s full-stack sovereign AI startup, has raised $234 million in the first close of a $300 million Series B round, at a post-money valuation of $1.5 billion. HCL Technologies…
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Salesforce to acquire AI customer service platform Fin for $3.6 billion, days after fresh layoffs
Salesforce has agreed to acquire Fin, an artificial intelligence-powered customer service platform, for approximately $3.6 billion, the company confirmed on Monday. The announcement arrived just two days after the San…
US-Iran truce makes life easier for India’s MPC, just a tad
The decision by the US and Iran to halt the war is likely to give the six-member committee that sets India’s interest rates some breathing room, easing concerns over oil-led…
Gifting money to an NRI child: how is TCS calculated under LRS, and can you claim a refund?
I am a resident of India and want to gift ₹25 lakh to my daughter, who is an NRI and has been residing in the USA for the past four…
Liotech Industries IPO to open on June 17: Check issue size, GMP and other details about SME offer
Liotech Industries IPO: The (IPO) of Liotech Industries is set to hit the primary market later this week on June 17 to raise ₹36 crore. The offer will close on…
Suzlon 2.0: Brokerages remain bullish, bet big on renewable energy giant’s execution-led growth
Brokerages have reaffirmed their positive stance on after attending the company’s Investor Meet 2026, where the management unveiled its long-term growth roadmap under the “Suzlon 2.0” strategy. The company outlined…
India key growth engine for HVAC business, top market for residential air-conditioners: LG Electronics
LG Electronics expects India to remain its top market for residential air-conditioners with strong growth in the segment expected to be fuelled by lower penetration and higher disposable incomes, a…
Apollo Hospitals says Shobhana Kamineni to be appointed executive chair of new health tech spin-off
(AHEL) on Monday confirmed that Shobana Kamineni is proposed to be appointed Executive Chairperson of Apollo Healthtech after the scheme receives approval from the National Company Law Tribunal (NCLT). Apollo…
India Inc raises more via CPs vis-a-vis corporate bonds in FY27 so far
India Inc raised more short-term resources via the commercial paper (CP) route as against longer-term resources via the corporate bond route in the current financial year so far. This comes…
Foodstories raises ₹50 crore from Nikhil Kamath to expand retail, digital footprint
Curated food and lifestyle platform Foodstories has raised ₹50 crore in a funding round led by investor and entrepreneur Nikhil Kamath, as the company looks to accelerate its retail expansion…