News and Trends: Page 4
McDonald's Is Responding to Sky-High Fast Food Price With a $5 Value Meal — But There's a Catch
The news comes as the chain looks to redirect back to customer "affordability."
Red Lobster Suddenly Shutters Dozens of Locations Without Warning Employees, Begins Auctioning Off Equipment
It's estimated that nearly 99 locations have been closed across 27 states, and restaurant paraphernalia is up for auction online — including tanks with live lobsters, furniture, ovens, refrigerators, bars, and more.
OpenAI Chief Scientist and Cofounder Ilya Sutskever Leaves AI Giant for Personal Project
Sutskever co-led the superalignment team at OpenAI, which ensures that AI follows what humans want it to do even as it gets smarter.
DrinkPrime, BimaPay, Infurnia, Stupa Sports Analytics, and Sprect Raise Early Stage Funding
Here are the Indian startups that announced early-stage funding rounds.
Stellantis to make Leapmotor's "affordable" EVs in India by 2024 end
India imposes customs duty ranging between 70 per cent and 100 per cent, depending on the engine size and cost, insurance and freight (CIF) value on cars imported as completely built units.
PV Production In April Up By 10%
The domestic sales of passenger vehicles increased from 2,84,271 units in April 2023 to 2,87,746 units in April 2024, an increment of 1.22 per cent. Exports too recorded a substantial jump during the period
Quarter Results Of FMCG Firms a Mix Bag
The changing dynamics in rural areas, fluctuation in raw materials prices and shift in consumer behavior were reflected in the quarterly results of the FMCG companies
Gen Z and Millennial Ally AI; Expect It to Improve Work-life Balance
While in recent times we've seen big tech players recall their work-from-home or hybrid policy, it still remains a priority among people
Ambulance Service Provider RED.Health Raises USD 20 Mn Led by Jungle Ventures
The Hyderabad-based startup plans to provide new product lines and expand its services to over 40 Indian locations with the help of the additional funding.
Exicom Launches India's Fastest DC Charger
Designed for the challenging Indian environment, Harmony Gen 1.5 DC Fast Chargers function effectively in cold, hot temperatures and salt environments.
Agritech Robotics Startup Niqo Robotics Bags USD 13 Mn in Series B Round
The Bengaluru-based platform aims to use the fresh funds to expand to new markets and accelerate the commercial adoption of spot spray globally.
Navigating the shifting tides of seed funding
Seed funding in the country has gained prominence since the early 2010s. Tech and the booming e-commerce space found a promising investor pool ready to pounce on innovative ideas and concepts that solved a larger problem.
Cold-chain Marketplace Celcius Logistics Raises INR 40 Cr in Pre-Series B Led by IvyCap Ventures
The Mumbai-based platform aims to deploy the fresh funding to expand its market reach across transportation and warehousing and reach over 500 cities in the next year.
Private Equity Fund ChrysCapital Invests up to USD 100 Mn in Centre for Sight
With the raised funds, the New Delhi-based eye care chain CFS aims to further scale and serve the growing demand for eye care in India, both across Tier I and Tier II cities.
Carnival Cruises Officially Installs Elon Musk's Starlink Internet on 100% of its Ships
Starlink is now the official internet for Carnival passengers.