Author: Punit Panchal

New Delhi: This comes as boat revenue fell 5% in FY24 to Rs 3,285 crore, while its halved losses to Rs.70.8 crore. The source said there’s a consolidation underway in the sector and that the recent Diwali season lifted sales after several muted quarters. Boat recorded positive earnings before interest, taxes, depreciation, and amortization in FY24. Homegrown wearable and audio products brand Boat has finalized ICICI Securities, Goldman Sachs, and Nomura as bankers for a $300-500 million IPO next year, sources aware of the matter said, joining the queue of new-age firms looking to go public. Delhi-based Boat may aim…

New Delhi: Infosys announced its July to September quarter results for fiscal 2024-25 reporting a rise of 4.7% in consolidated net profit at Rs.6,506 crore, compared to Rs.6,212 crore in the corresponding period last year. India’s second-largest information technology service provider’s revenue from operations in the second quarter of the current fiscal rose by 5.1% to Rs.40,958 crore, compared to Rs.38,994 crore in the year-ago period. They had a growth of 3.1% quarter on quarter in constant current in Q2, the growth was broad-based, with good momentum in financial services. This stems from our strength in industry expertise, market-leading capabilities in…

Introduction: Zepto is a grocery shopping app that delivers groceries within 10 minutes customers get to choose from thousands of popular items from fresh farm vegetables, fruits, groceries, dairy, and more at the best price from Zepto and a zeptonain Rider will deliver the groceries within 10 minutes at your doorstep. Zepto is growing at a 200% rise in price in 11 months, with 60% repeat customers. The company is dedicated to maintaining unbeatable customer loyalty and delivering products to their doorstep on time. How Zepto is Founded: Aadit Palicha and Kaivalya Vohra share a friendship that began in their…

New Delhi: Apple is gearing up to launch its first-ever smart home security cameras and health-centric airpods, the camera with projected annual shipments in tens of millions, will boast wireless connectivity and tight integration with Apple’s ecosystem. Meanwhile, the new airpods are set to incorporate advanced health-tracking features, capitalizing on the anticipated growth in the hearables market. Apple is developing smart home security cameras and new health-focused Airpods and both are targeted to be released in 2026, according to analyst Ming-Chi Kuo citing supply chain reports. The company giant aims to ship tents for millions of its smart home cameras…

New Delhi: A new website jiostar.com, has appeared amidst rumors that Reliance Industries plans to merge with Jiocinema Disney+ Hotstar. This move would make Disney+ Hotstar primary streaming platform for the merged entity of Star India and Viacom 18, meanwhile the owner of the JioHotstar domain have offered it to Reliance for free, believing it to be the best course of action. Amid JioHotstar.com controversy, a new website has been created renamed it Jiostar.com has emerged with the teaser of coming soon. Reliance Industries is expected to retain Disney+ Hotstar as the only streaming platform following the merger of Star…

New Delhi: Apple is executing a mega plan with its vendors to provide hostel facilities to 1,00,000 female employees across its facilities, the largest ever for any company in the country. Being built under public-private partnership mode these residential facilities are expected to be ready by the end of this financial year. Similar housing models in China and Vietnam have given good results as they not only improve efficiency but also ensure the safety of female workers. To make this project a reality, companies in the Apple ecosystem have been working with state governments and with private sector players by all…

New Delhi: Apple’s plans for a more budget-friendly mixed reality headset may be further down the road than expected, according to the latest industry insights rumors of an affordable Apple Vision Pro mixed reality headset have been circulating for months, sparking anticipation among tech enthusiasts. However, renowned Apple analyst Ming-Chi Kuo has now suggested that this lower-cost version won’t hit the market until at least 2027. Instead, Appel is reportedly gearing up to release an upgraded Vision Pro model quipped with an MS processor as early as next year. In a recent post on Twitter, Kuo highlighted that Apple’s strategy to…

New Delhi: On October 29, a food safety official raided Zomato’s Hyderabad Hyperpure warehouse and they found 18 kg of button mushrooms labeled and packed on October 30. Zomato’s CEO Deepinder Goyal took to Twitter to clarify the controversy and clarify details on the recent food safety raid on the food delivery giant’s Hyderabad’s Hyperpure warehouse wherein 90 packets of button mushrooms were found with the future-dated packaging. “These were already identified by our warehouse team and were rejected during an inward Quality Control”, Goyal wrote on Twitter This is not usual and was due to a manual typing error…

New Delhi: India has made a big announcement for the space startups that they will some funds from the Indian government for their startups the fund amount is unveiled as about $119 million to get high growth in the startups the fund will be managed by the country’s space regulator, Indian National Space Promotion and Authorisation Centre. it will help generate employment, boost space technology development fortify the supply chain, and support research and development. The Indian Government on Thursday approved a 10-billion-rupee fund for its burgeoning space sector, with 40 startups expected to benefit as the country strives to win a significant…

New Delhi: NVIDIA has overtaken as the world’s biggest and most valuable company in AI technology after Apple. The latest growth has been because of a spurt in the demand for AI chips. NVIDIA recently touched $3.53 trillion, over Apple’s $3.52 trillion valuation. There were headlines about Microsoft when the latter’s stock went past $3.2 trillion. The 18% increase of NVIDIA stock in this October is a significant factor that helped the company gain an upper hand in the tech market. Association with OpenAI and successful chips for AI also have been great supports. This is so because it has…