Bullets

IT giant Infosys is upping the ante for campus placements with a new "power program" offering packages of up to ₹9 lakh per annum. This is a significant boost compared to the usual ₹3-3.5 lakh starting salaries.

The company is specifically targeting students with exceptional coding and software skills, suggesting that the days of generic IT roles might be numbered.

Is Infosys setting a new standard for tech industry salaries? Read more from here.

Ola Electric's stock is zooming faster than one of its electric scooters! A day after launching three new electric bike models, the company's shares jumped a whopping 16% today.

With the unveiling of its own cells and the new Gen-3 platform, Ola seems to be revving up its electric vehicle game.

But can this momentum sustain the ride? Read here to know more.

In a stunning turn of events, logistics startup Loginext, once backed by heavyweights Tiger Global and Steadview Capital, is calling it quits.

After raking in a hefty $50 million (₹415 crore), the company has now sold its entire business – software, hardware, clients, the works – for a mere $250,000 (₹2.075 crore).

The question is: Where did it all go wrong?

Nykaa's parent company, FSN E-commerce Ventures, showed a whopping 152% jump in net profit to ₹13.64 crore for the April-June quarter.

Revenue clocked in at ₹1,731 crore, while Gross Merchandise Value (GMV) surged 25% to ₹3,321 crore. Beauty continues to be the star, growing 28%, but fashion isn't lagging far behind with a 15% uptick.

Can Nykaa keep this momentum going? Know more from this article link.

SoftBank's India head, Sumer Juneja, is singing the praises of the Indian IPO market. He credits the recent success stories of Ola Electric, FirstCry, and Unicommerce to smart pricing, a friendly market, and growing investor love for tech firms.

SoftBank itself seems to be enjoying the Indian ride, boasting a potential $10 billion (₹83,000 crore) return on its investments here.

But the big question is: Can this IPO party keep going? Click here to know more.

Bengaluru's electric scooter startup, Ather Energy, has just upped its valuation to $1.3 billion (₹10,790 crore), thanks to a fresh injection of ₹600 crore from its existing investor, NIIF.

This marks the fourth unicorn to be minted in India this year. What’s surprising here is that Ather’s valuation fell just a year ago.

And now, rival Ola Electric is burning up the stock market. Is this the start of an electric scooter valuation war?

FirstCry parent, Brainbees Solutions, had a rocking market debut today! Shares listed a whopping 40% higher than their IPO price of ₹549.

The company raised ₹4194 crore through the IPO, which was oversubscribed 12 times. With a pre-listing grey market premium of ₹84, expectations were high, and it seems the market delivered.

Will this be the start of a new growth spurt for the baby products giant?

India's banking behemoth, HDFC Bank, is about to get a massive cash injection. MSCI has decided to boost its weightage in the Global Standard Index, but with a twist: it's happening in two parts.

This means a cool $1.8 billion (₹14,940 crore) is flowing into the Nifty, but it's a slow burn rather than a sudden explosion.

Will this staggered approach change the market game, or is it just MSCI playing hard to get?

Also Read: HDFC Bank's Success Story

Infinyte.Club, a wealth management platform just for you, raised $3.6 million (₹29.8 crore) in a funding round. Elevation Capital led the charge, with angel investors from hotshot startups like Meesho and Razorpay joining the party.  

This cash injection fuels their tech and team growth, but with 40 deals closed in beta, were they already secretly crushing it?   

Is this the future of startup wealth, or just another perk in a competitive job market? Know more from the link here.

Zepto, the lightning-fast grocery delivery startup, is back for another round of funding, this time aiming for a $5 billion (₹41,500 crore) valuation. That's a 40% jump in just over a month!

This brings their total funding to nearly $1 billion (₹8,300 crore) in two rounds, a mind-boggling figure for a three-year-old company.

With a valuation surge of over 3.5 times in a year, Zepto is clearly riding the quick-commerce wave. Will this rapid growth continue, or is this just the calm before the storm?

Also Read: Decoding Zepto

Adani Group stocks took a nosedive this morning, shedding a whopping ₹53,000 crore in market value. Investors, spooked by the allegations against SEBI chief Madhabi Buch, opted for caution.

Adani Green Energy led the decline with a 7% drop, while Adani Total Gas and Adani Power followed suit with 5% and 4% losses respectively. Even the relatively stable Adani Ports couldn't escape the downturn, shedding 2%.

With the group's market cap now at ₹16.7 lakh crore, the question is: will this be a temporary blip or the start of a more significant slide?

Cisco, the tech giant known for its networking prowess, is gearing up for another wave of job cuts. The company is reportedly planning to shed thousands of jobs this year, mirroring the 4,000 positions eliminated in February.

This drastic move comes as Cisco pivots towards higher-growth sectors like cybersecurity and AI. An official announcement is expected as early as Wednesday.

Will this strategic shift be enough to power Cisco back to profitability?

Hindenburg Research is back with a cryptic tweet, promising a "big" India reveal. This comes just a year after their explosive report on the Adani Group wiped out $86 billion (around ₹7.13 lakh crore) in value.

The US short seller seems to have a knack for timing, as SEBI has just unveiled their role in sharing the Adani report with a hedge fund manager two months early for a juicy profit.

What will this new expose unravel? Read about what happened till now in the case from this link.

Trent's stock is on fire! Shares surged 13% today, hitting a record high of ₹6,375. The reason?

A scorching 133% jump in quarterly profits. That's ₹450 crore, up from a mere ₹193 crore last year. This isn't a one-day wonder either.

Trent's stock has been on a roll, climbing 22% in the last three days. Can this hot streak continue?

Also Read: Trent's Misbu: The New Tata Enterprise Brand 

Rapido has now hit the billion-dollar mark in GMV. The bike-taxi startup has zoomed past the $300 million mark (₹2,490 crore) in just a year, thanks to its expansion into cabs, auto-rickshaws, and over 100 cities.

This sudden acceleration has thrown the ride-hailing market wide open, with Rapido emerging as a strong challenger to the established duo of Uber and Ola.

Will this new player shake up the industry?

Ola Electric, backed by Bhavish Aggarwal, made a lackluster debut on the stock market, listing at the issue price of ₹76. But don't blink, because within minutes, the stock zoomed 15%!

The ₹6,146 crore IPO, which was subscribed a mere 4.26 times, saw anchor investors like Nomura and HDFC Mutual Fund jump in.

However, a word of caution for investors: Ola has a history of negative cash flows. So, while the initial ride might be thrilling, the long-term journey could be bumpy.

To know more, click on this link here.

Ola is now eyeing your grocery list. With its IPO knocking on the door, founder Bhavish Aggarwal is pulling out all the stops.

Dark stores, robots, and even a UPI platform are on the menu.

Can Ola's magic touch transform the quick commerce world as it did ride-hailing?

Also Read: Ola Electric's IPO Details

Intel, the tech giant known for its chips, is facing a lawsuit. Shareholders claim the company cooked the books, leading to a dismal second quarter, a 15% job cut, and a dividend freeze.

The suit, targeting CEO Patrick Gelsinger and CFO David Zinsner, seeks unspecified damages.

Is this the beginning of a chip off the old block for Intel's legal troubles?

India's online shopping scene is about to get a whole lot bigger. The lifestyle market, from fashion to home decor, is expected to triple in size by 2028, reaching a whopping $40-45 billion (₹3.3 lakh crore).

This means more online shopping sprees for us, and a potential goldmine for businesses.

With smaller cities joining the online shopping bandwagon, the big question is: Can India's internet infrastructure keep up with this fashion-fueled growth?

PhonePe, the digital payment giant, is eyeing a global expansion. With its sights set on Southeast Asia and the Gulf region, the company is looking to replicate its Indian success story on a grander scale.

The most preferred online transaction platform in India, PhonePe is seeking a payment license for its expansion in foreign lands first.

Will PhonePe be able to conquer these new markets as effortlessly as it did in India?

Also Read: Will PhonePe's play store work wonders in Indian street?