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Edtech platform Classplus raises $9 mn in Series A round led by RTP Global

Over 3,500 coaching centres across 70 cities and towns in India use the platform, says Classplus, which was launched in 2018




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IHFL withdraws plea seeking protection from coercive action by NCD holders

The company relied on RBI moratorium of three months on payment of instalments of all term loans outstanding between 1 March and 31 May




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Freshworks appoints CFO who helped with Zuora's IPO

Prior to Zuora, Sloat held executive finance roles at firms such as NetApp Inc. and Siebel Systems, Inc




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We are on the cusp of a new automation era, says Hyundai’s S.S. Kim

In our second interview in the Pivot or Perish series, wherein top companies share their vision for mapping the future after the coronavirus outbreak, Hyundai's S.S. Kim shared how digital will play a critical role in sales operations of automobile companies.




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Smartphone makers brace for doubling of demand as lockdown is lifted

Xiaomi India MD Manu Jain expects losses in Q2 2020, but Q3 and Q4, along with Diwali sales to go fine.Realme is expecting 100% growth in 2020 despite effectively losing two months of the year




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Adani Ports Q4 profit crashes 74% on forex loss

Net profit falls 74% at Rs340.21 crore in March quarter of FY20, from Rs1,314.19 crore in same period of previous fiscal.For the full year, APSEZ reports net profit of Rs3,784.53 crore, down 6.4% year-on-year from Rs4,044.75 crore in FY19




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Gilead announces global remdesivir licensing plan even as patents hit rough waters in India

Gilead said it was in discussions with 'some of the world’s leading chemical and pharmaceutical manufacturing companies' to produce remdesivir for Europe, Asia and the developing world through at least 2022




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Founders grappling to make startups ‘recession-proof’ in crisis: Sequoia Capital

Sequoia India launches a microsite to serve as a resource for founders and their teams during the challenging months ahead.The impact of covid-19 can be seen on Indian startups, with several unicorns including Udaan, OYO and Swiggy laying off and furloughing their permanent and contractual staff




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Rating announcements on Edelweiss, Shriram firms to add pressure on debt MFs

ICRA downgrades multiple Edelweiss Group companies.Mutual funds have a collective exposure of around Rs3,300 crore to Edelweiss companies as of 31 March




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E-commerce companies see big opportunity in kirana store tech

While Paytm is looking to equip kiranas with a tech ecosystem, Swiggy has on-boarded several on its platform




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MoD inks <span class='webrupee'>₹</span>1,200-cr deal with Tata Power SED to upgrade 37 airbases

This is the phase two of the Modernisation of Airfield Infrastructure programme, the ministry said




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The most powerful Indians in 2013: Top Public Figures




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Letters to the editor: Threat to democracy




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Letters to the editor: Coal, undermined




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Letters to the editor: A heavy price




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Letters to the editor: The chief signal




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Letters to the editor: Satcom time




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Letters to the editor: Cloud of suspicion




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Letters to the editor: Play it coal




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Letters to the Editor: Ancient glory




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Letters to the Editor: Ancient glory




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Letters to the editor: For the record




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Letters to the editor: Subtle violence




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Letters to the editor: Uncommon wit




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Letters to the editor: Cow business




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Letters to the editor: Old dog, new tricks




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Letters to the editor: A new politics




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Letters to the Editor: A question of cash




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Letters to the Editor: Bleak Landscape




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Letters to the editor: Bang for buck




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Letters to the editor: His cloudy past




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Letters to the Editor: A new direction




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Letters to the Editor: Race in America




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Letters to the Editor: Emergency Alert




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Letters to the Editor: Beef for Children




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Letters to the Editor: Right Cut




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Letters to the Editor: Cinema effect




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Letters to the Editor: Herculean task




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Letters to the Editor: China’s Mistake




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Letters to the Editor: Political realists




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Letters to the Editor: Landmark decision




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Letters to the Editor: Shame on Justice




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Letters to the Editor: Reality Check




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Letters to the Editor: Caste opportunism




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Letters to the Editor: Political Will




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Letters to the Editor: Clean up act




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View From The Right: Pinarayi in Crosshairs




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Letter to the Editor: Cricket Carnival




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Letter to the Editor: Just A Quick-Fix




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Letter to the Editor: Check Populism