Cross-border logistics firm ShipGlobal raises $2.5 million in funding from Infoedge Ventures

The New Delhi-based firm will use the fresh proceeds to scale up its technology capabilities as well as expanding its business operations and global footprint

Game streaming start-up Loco lays off 40 employees

Loco’s co-founder Ashwin Suresh said that after a recent strategic review, the company has decided to focus on transaction-based monetisation and to operate with a leaner cost structure

Thales’ new office in Bengaluru to support group’s growth in India

The expansion is aimed at supporting growth and contributing to the group’s plans to double engineering staff in India by 2027

Infosys, Shell collaborate on immersion cooling services

The two will bring together their capabilities in digital and energy to create an integrated offering for green data centers

India close to securing lithium reserves overseas: Pralhad Joshi

GSI has taken up 125 exploration projects this year, the highest ever, says Minister

Key infra sectors growth up at 12.1 pc in October

The core sector (coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity) growth in September was 9.2 per cent.

Sterlite Power wins 8 GW green energy transmission project in Rajasthan

Sterlite Power bags third order under Rajasthan’s Green Energy Corridor project

Peerless Hotels may largely depend on inorganic route to expand

It is planning to double the number of existing rooms in its properties in Kolkata, Durgapur, Mukutmanipur (in West Bengal), Hyderabad and Port Blair

PhonePe Indus Appstore onboards major game developers

The mobile app marketplace is expected to go live in the next 2-3 months

Manta Air to start direct flights from Bengaluru to Maldives

Initially, flights will operate three days a week