News and Trends: Page 8

News and Trends

IndiQube IPO Subscribed 3x on Day 3; GMP Slips Despite Retail Buzz

The INR 700 crore initial public offering received bids for more than 5.37 crore shares against an offer size of 1.71 crore shares, as per data available on the NSE.

News and Trends

India's Edge Data Centre Capacity to Triple to 200-210 MW by 2027: ICRA

The edge data centre capacity as a percentage of total India's data centre capacity is likely to increase to 8 per cent by 2027 from 5 per cent in 2024

News and Trends

The E-man: Balbir Singh Dhillon, Head of Audi India

Building a new category takes time and we view each roadblock as part of the learning curve, not a setback, says Balbir Singh Dhillon, Head of Audi India

News and Trends

LISSUN Acquires Being Cares to Strengthen Family-Focused Mental Health Services with AI

As part of the acquisition, Being Cares' Co-founders Varun Gandhi and Abhishek Sharma will join LISSUN as Chief Product Officer and Chief Technology Officer respectively.

News and Trends

Michael & Susan Dell Foundation Leads USD 5.4 Mn Series A Funding Round in EVeez

Other participants in the round include Caret Capital, ThinKuvate, Ev2 Ventures, Barbershop With Shantanu, SailThru Ventures, and Ah Ventures Fund.

News and Trends

L Catterton Names Vikram Kumaraswamy as Partner and Co-Head of India

He will lead the firm's efforts in the country alongside Sanjiv Mehta, Executive Chairman of L Catterton India, and Anjana Sasidharan, also a Partner and Co-Head.

News and Trends

UAE Banks Phase Out SMS OTPs in Shift Toward App-Based Security

OTPs to completely end by next March.

Business News

Microsoft's CEO Says the Company's Mass Layoffs, Despite Financial Success, Are 'Weighing Heavily on Me' in an Internal Memo

Microsoft has laid off over 15,000 employees this year, but CEO Satya Nadella says headcount "is relatively unchanged" as the company continues to hire new workers.

Business News

A Popular Protein Bar Company Is Selling... Raw Fish. Here's Why.

David Protein is now selling frozen cod fillets. Is it a marketing ploy or the start of a new trend?

Business News

Here's What Happened When Thousands of Workers Tried a Four-Day Workweek in the Biggest Trial Yet

A new study shows that workers on a four-day workweek report being happier and more productive.

Business News

These 2 Companies Have the Widest Pay Gap Between the CEO and the Typical Worker

The CEOs of Starbucks and Abercrombie & Fitch earn more than 6,000 times the median annual salary of a worker.

Business News

Wahlburgers' Partnership With Major Grocery Chain Fizzles, Closes 79 Locations

The popular burger chain, founded by Mark Wahlberg and his brothers Donnie and Paul, will no longer be found in Midwest grocery giant Hy-Vee stores.

News and Trends

India UK FTA To Boost Automotive Industry With Greater Market Access, Tech Exchange

Auto industry leaders believe the agreement will mark the beginning of deeper economic cooperation between the Indian and British automotive industries, enabling greater market access, technology exchange and value addition