Salesforce challenger Creatio achieves .2 bln ‘unicorn’ status with fundraising
Business
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Salesforce challenger Creatio achieves $1.2 bln ‘unicorn’ status with fundraising

June 26, 2024
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(Adds details on company’s financials in paragraph 5) By Krystal Hu June 26 (Reuters) – Creatio, a low-code software platform for customer relationship management that competes with Salesforce, said on Wednesday it had secured $200 million in a new funding round, giving it “unicorn” status with a valuation of $1.2

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MCA Denies Clean Chit To Byju’s In Financial Fraud Case, Confirms Ongoing Probe | Companies News
Business
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MCA Denies Clean Chit To Byju’s In Financial Fraud Case, Confirms Ongoing Probe | Companies News

June 26, 2024
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New Delhi: The Centre clarified on Wednesday that an investigation by the Ministry of Corporate Affairs has not cleared edtech firm Byju’s of financial fraud, confirming that the investigation is still ongoing. “There have been reports claiming that edtech startup Byju’s has been cleared of financial fraud in an ongoing

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Museum For Rescued Art In Rome Gives Stolen Artefacts Their Due
Business
3 min read
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Museum For Rescued Art In Rome Gives Stolen Artefacts Their Due

June 26, 2024
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Director of the Museo Nazionale Romano Stephane Verger poses during a visit to The Museum for Rescued Art in Rome on May 24, 2024. Image: Photography Tiziana FABI / AFP Antiquities recovered after being looted in Italy and sold on the global black market have found their sanctuary in the

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Market Highlights, June 26: Sensex zooms 621 pts, ends atop 78,650; Nifty holds 23,850; RIL soars 4% | News on Markets
Business
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Market Highlights, June 26: Sensex zooms 621 pts, ends atop 78,650; Nifty holds 23,850; RIL soars 4% | News on Markets

June 26, 2024
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Closing Bell on Wednesday, June 26, 2024: Bull run extended on the bourses on Wednesday as investors latched on to heavyweights like Bharti Airtel, Reliance Industries, Ultratech Cement, ICICI Bank, Axis Bank, Kotak Bank, Bajaj Finance, Maruti Suzuki, ITC, and L&T.  The BSE Sensex touched a record high

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Amazon says committed to ‘appropriate’ action in Manesar Warehouse incident | Company News
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Amazon says committed to ‘appropriate’ action in Manesar Warehouse incident | Company News

June 26, 2024
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2 min read Last Updated : Jun 26 2024 | 5:15 PM IST Amazon is committed to the safety and well-being of its employees and is in the process of undertaking ‘appropriate’ action in the Manesar warehouse case, an Amazon India spokesperson told Business Standard. “Disciplinary proceedings have

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First spectrum auction in two years sees low demand, nets govt ₹11,300 cr
Business
3 min read
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First spectrum auction in two years sees low demand, nets govt ₹11,300 cr

June 26, 2024
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India’s spectrum auction for 2024 concluded on Wednesday with the government netting ₹11,300 crore from selling airwaves across bands, according to officials aware of the matter. Bharti Airtel Ltd was the largest buyer of spectrum, winning bids in more than six circles where it was set to renew its spectrum

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Budget 2024: Expectations for tax sops under old regime run high
Business
7 min read
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Budget 2024: Expectations for tax sops under old regime run high

June 26, 2024
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Over the years, various changes have been made to the new regime to enhance its appeal, including tax rebates for incomes up to ₹7 lakh, wider tax slabs, and lower surcharges for the super rich.  However, the last three budgets have not seen any new benefits or deductions under the

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Business
3 min read
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The Times to charge readers for accessing website

June 26, 2024
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London- One of Britain’s most famous newspapers, The Times, started charging readers to access its website Friday, the first mainstream non-specialist daily in London to do so. It will now cost one pound pound ($1.4, €1.2) for a daily subscription or two pounds for a weekly one to The Times

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FMCG firms will strategically boost ad spends as demand stabilizes
Business
6 min read
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FMCG firms will strategically boost ad spends as demand stabilizes

June 26, 2024
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Advertising executives and FMCG industry watchers expect a greater step-up in ad-spends in the second half of this fiscal year. Ad spends may likely come back by then, as companies try to chase greater volume growth. To be sure, packaged goods companies spend significantly on advertising their goods. However, the

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Half of Indians physically unfit, says Lancet study – The Indian Express
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Half of Indians physically unfit, says Lancet study – The Indian Express

June 26, 2024
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Half of Indians physically unfit, says Lancet study  The Indian Express WHO defines physical inactivity, says this much exercise weekly can guarantee good health  The Times of India ‘Wake-up call’: third of adults not doing enough physical activity  Arab News Nearly one-third of adults lack sufficient physical activity: WHO study  Al Arabiya English Source

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Volkswagen Will Invest Up to  Billion in EV Maker Rivian
Business
5 min read
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Volkswagen Will Invest Up to $5 Billion in EV Maker Rivian

June 26, 2024
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Volkswagen, the German automaker, said on Tuesday that it would invest up to $5 billion in Rivian, a maker of electric trucks that has struggled to turn a profit, and that the companies would cooperate on software for electric vehicles. The deal creates an unusual alliance between the world’s second-largest

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FedEx (FDX) earnings Q4 2024
Business
3 min read
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FedEx (FDX) earnings Q4 2024

June 25, 2024
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A pedestrian walks by a parked FedEx delivery truck on March 21, 2024 in San Francisco, California. Justin Sullivan | Getty Images FedEx shares soared more than 15% after hours Tuesday after the company reported results that topped analysts’ estimates in both earnings and revenue. Here’s how the company did

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