Author: Ansh Singh

New Delhi: S. N. Subrahmanyan, the Chairman and Managing Director of Larsen & Toubro Group, expressed his belief in India’s potential to become a technological superpower within the next two decades. A rapid-fire session conducted by L&T Technology Services, Subrahmanyan, also known as SNS, emphasized India’s favorable economic and situational conditions.  Coming from an engineering background, SNS displayed optimism about the current state of the engineering sector in the country. Known for favoring ‘intuition’ over ‘logic’ in decision-making, he shared insights into his hiring strategy. According to the L&T top executive, qualities such as ‘time commitment,’ ‘being true to oneself,’ and ‘deep involvement’ are…

New Delhi: Stan, a gaming startup based in Bengaluru, has successfully secured $2.7 million in a Pre-Series A funding round, with contributions from investors such as Aptos Labs, Pix Capital, Maelstrom Fund, GFR Fund, and returning investors including General Catalyst. This funding comes on the heels of their earlier $2.5 million seed funding in May 2022, which was led by General Catalyst and featured participation from Better Capital and Eximius Ventures. Founded by Parth Chadha, Stan is dedicated to providing the essential infrastructure for creators to foster gaming communities. The newly acquired capital will be utilized to enhance this infrastructure,…

New Delhi: Tummoc, in a collaborative effort with the Delhi Transport Department (DTD), Delhi Transport Corporation (DTC), Delhi Integrated Multi-Modal Transit System (DIMTS), Delhi Metro Rail Corporation (DMRC), and WRI India, launched a transformative mobility solution this month – the All-in-One Ticket. STAMP is an initiative led by Toyota Mobility Foundation and WRI India to promote better multimodal integration of metro rail with other modes of transportation in Indian cities through a partnership model with the innovation and entrepreneurial ecosystem. In the STAMP Challenge for Delhi in 2022, Tummoc was a winning team out of 70 teams, allowing them to…

New Delhi: Telegram is unveiling several enhancements as part of its January feature update, including the introduction of “view-once” functionality for both video and audio messages. This builds on the previous implementation of “view-once” for photos and videos in one-on-one chats introduced in September 2023. Users can now initiate recording by tapping the microphone icon and then utilizing the “view-once” icon, allowing recipients to experience the message just once. Furthermore, Telegram is introducing the ability to pause and resume recording for both voice and video messages via the same menu. Another addition is the inclusion of read-time controls for one-on-one…

Gurgaon: The Academy of Pastry and Culinary Arts (APCA) proudly organized a two-day workshop featuring acclaimed Chef Anahita Dhondhy. The event, held at the academy, showcased a dynamic program of demo classes, expert talks, and an insightful journey-sharing session with the students. Chef Anahita Dhondhy, a trailblazer in the culinary world, captivated the audience with her expertise and knowledge. The workshop offered a unique opportunity for students to gain insights into the culinary arts and learn from one of the industry’s leading professionals. The highlight of the event was Chef Anahita’s engaging talk, where she shared her inspiring journey, providing a…

New Delhi: Today is an auspicious day marking the arrival of Bhagwan Sri Ram in Ayodhya, the economic landscape in Uttar Pradesh is experiencing a significant transformation. Projections indicate that Uttar Pradesh is poised to hold the second-highest weightage in India’s GDP by FY28, surpassing even Norway. This historic moment waited for 500 years and is expected to bring blessings, happiness, and prosperity, particularly to the people of Ayodhya. The construction of the Ram Mandir has sparked a newfound interest from businesses, turning Ayodhya into an attractive destination for investments. Private enterprises and government entities alike are converging in the town…

New Delhi: Microsoft revealed on Friday that a hacking group it identified as Midnight Blizzard, also known as APT29, believed to be linked to the Russian government, successfully breached some corporate email accounts within the company. The hackers targeted accounts belonging to Microsoft’s “senior leadership team and employees in our cybersecurity, legal, and other functions.” Rather than focusing on traditional targets like customer data or typical corporate information, the hackers aimed to uncover what Microsoft knew about them. Microsoft disclosed that the hackers utilized a “password spray attack,” essentially employing brute force, on a legacy account. Subsequently, they leveraged the compromised…

New Delhi: ICICI Securities, a brokerage firm, has reported a significant 66% year-on-year increase in Profit after Tax (PAT), reaching ₹465.7 crore for the three months ending December 2023. In comparison, the company had recorded a PAT of ₹280.9 crore during the same quarter in the previous fiscal year (FY23), as disclosed in a regulatory filing. The company’s revenue for the quarter stood at ₹1,323.3 crore, marking a substantial 50% year-on-year growth from ₹879.9 crore in the corresponding period of 2022. The boost in revenue is attributed to the expansion of broking income in the cash segment and the investment…

New Delhi: Google has removed several cryptocurrency exchanges, including Binance and Kraken, from its Play Store in India, dealing a blow to the country’s ambitions in the web3 space. This move follows a recent crackdown by the Financial Intelligence Unit (FIU), a government agency overseeing financial transactions, which issued show-cause notices to nine crypto firms for alleged non-compliance with India’s anti-money laundering rules. Apple had already removed the apps, and telecom networks and internet service providers started blocking the URLs of these exchanges. Other affected platforms include Huobi, Gate.io, Bittrex, and Bitfinex. The FIU had requested the Ministry of Information…

Mumbai: GetVantage, India’s leading alternative-financing fintech platform, today announced its SaaS Accelerator Fund II to help B2B SaaS businesses scale without equity dilution. This INR 250 crore Fund II is an extension to GetVantage’s SaaS Accelerator Fund I launched in 2022 (approximately INR 65 crore) and is designed to supercharge the growing momentum of SaaS founders and businesses in India. For this, GetVantage has its own licensed NBFC GetGrowth Capital, along with partnerships with Varanium’s Debt Fund (SEBI approved) and other leading NBFCs and AIF funds. Since GetVantage sharpened its focus on the B2B SaaS sector 18 months ago, the…