Author: Ansh Singh

New Delhi: On the strength of significant revenue growth, Jio Financial Services said on Monday that its consolidated net profit for the quarter ended on September 2023 doubled sequentially to Rs 668.18 crore. This is the company’s first financial report following its August 21 stock market listing. Jio Financial Services intends to join the consumer finance, asset management, and insurance markets after the following demerger of Reliance Industries’ financial services company. The total income from operations climbed by 47% at Rs 608.04 crore compared to the June quarter. The company’s revenue during the period was primarily driven by its dividend…

New Delhi: Google has recruited 18-year-old Stanley Zhong, a Palo Alto, California, high school alumnus, as a full-time software engineer. This follows his rejection from 16 colleges, including state universities and the esteemed Ivy League. Stanley, who attended the prestigious Gunn High School in the centre of Silicon Valley, excelled academically, earning a 3.97 unweighted and 4.42 weighted GPA. Zhong founded his own e-signing startup, RabbitSign, during his high school days. After receiving a score of 1590 out of 1600 on the SAT, which is equivalent to 10th CGPA  in India, he asserts that the physical signing of documents may…

New Delhi: The fact is that ChatGPT can’t replace humans. Ask anyone who has attempted to use the prompt “write an article about” on ChatGPT. It’s no mystery at all; ask it, or any other AI writing tool, to compose a blog article if you have any doubts. It will produce dreadful stuff that no true person would want to read. On the other hand, Google Bard is quickly becoming the most powerful and versatile chatbot in the market. It can compose many forms of creative material, translate languages, produce prose of human calibre, and provide you with informed answers to your queries.…

Chennai: Premium EV motorcycle Startup Raptee has announced the appointment of Mr C Suresh as the Head of Operations. At Raptee, Suresh will construct a comprehensive portfolio of operations in manufacturing engineering, quality, sourcing & supply chain, and projects with a focus on setting up the processes and building a strong team. One of the pivotal roles will be to plan and roll out the products in the near future. Suresh will focus on constructing additional facilities to cater to the projected demand for Raptee Motorcycle. At Raptee, Suresh will be heading Operations, including manufacturing, quality, sourcing & supply chain. Suresh will be…

Bengaluru: LG India, a leading consumer durables brand in the country, has taken a step towards nurturing a healthier and brighter future for India’s youth. A groundbreaking partnership with Akshaya Patra and Annapoorna Trust, LG India proudly unveils the “Life’s Good Nutrition Program,” an initiative to ensure the well-being and proper nutrition of school-going children in government schools nationwide. The “Life’s Good Nutrition Program” is set to encompass an impressive 808 schools, benefiting over 59,202 children. With an unwavering commitment to fostering holistic growth and development, LG India is embarking on this significant endeavour to address the critical issue of…

India: QueueBuster, a leading Android-based POS billing and inventory solution, has entered into a strategic partnership with TVS Electronics Limited, an industry-leading pioneer in the market offering Point of Transaction hardware and Track and Trace devices serving retail, shipping and logistics industries. With this partnership, TVS Electronics will be the authorized reseller of QueueBuster POS software. With the help of QueueBuster’s cutting-edge POS solution, TVS Electronics aims to empower thousands of Indian Retailers and MSMEs to thrive, adapt, and deliver exceptional customer experiences through innovative retail technology. TVS Electronics will distribute its state-of-the-art Retail POS hardware with pre-installed advanced POS…

New Delhi: As the festive season approaches, iVOOMi, India’s reigning champion in the world of electric vehicles (EVs), is delighted to announce irresistible offers and discounts for its customers. With this limited-time extravaganza this festive season, customers can now enjoy significant discounts on iVOOMi’s premium e-scooters, including the renowned JeetX and sleek S1. The superstar of the show JeetX is now available at an irresistible festive season price of Rs 91,999 and Rs 81,999, reduced from its original price of Rs 99,999 and Rs 84,999, respectively. In addition to these amazing discounts, iVOOMi is going the extra mile by offering customers a…

New Delhi: With a remarkable resurgence in the fast fashion apparel segment, Snitch, a leading direct-to-consumer (D2C) men’s fashion brand, is thrilled to announce its expansion of product portfolio with the launch of two new exciting categories, Shoes and fragrance. The company anticipates a significant increase in revenue from INR 110 cr in FY23 to an impressive INR 250 cr in FY24. With the brand’s commitment to style and innovation, Snitch is again set to lure its customers with the most stunning and distinctive collections under both the Shoes and Fragrances categories, along with its fast fashion apparel collection amidst a…

While major corporations are eager to address climate challenges, they often lack the ideal solutions. This presents an opportunity for innovative startups to shine and gain prominence in the realm of environmental progress. Here’s a list of five venture capital firms to keep an eye on in the sustainability sector. Green Frontier Capital – Green Frontier Capital (GFC) is New York-based India’s first climate-tech-focused VC founded in 2020 by Sandiip Bhammer, having made investments in industry-leaders across renewable energy, food and agri tech, electric mobility, and consumer lifestyle, among others. GFC’s founding team brings decades of experience to work closely…

New Delhi: The largest smartphone and laptop chip-making company, Qualcomm, is in the news for firing over 1258 of its employees in California due to less demand for its product. The California Employment Development Department (EDD) reports that the Company employs more than 50,000 people, which makes it one of the most robust management workforce companies. The largest manufacturer of semiconductors for smartphones in the world, Qualcomm, has revealed that it would be drastically firing its staff. This news follows earlier rumours that Meta was also letting go. According to a Bloomberg report, almost 750 of the laid-off workers are…