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Elon Musk crosses 100 mn followers on Twitter
Elon Musk crosses 100 mn followers on Twitter

San Francisco,  As the tech billionaire Elon Musk celebrates his 51st birthday, his Twitter account has now crossed the mark of 100 million followers, which makes him one of only six people in the world to cross this milestone on the microblogging site.

Musk, touted to be the most successful tech entrepr

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Structured support to MSMEs can pave way for business growth
Structured support to MSMEs can pave way for business growth

New Delhi,  Micro, Small and Medium Enterprises (MSMEs) are the backbone of Indias socio-economic development.

With 63 million MSMEs creating 111 million jobs in India, the sector is the second largest employment creator and a significant contributor to the country's Gross Domestic Products (GDP).

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Economy/Business
T-Hub opens world's largest innovation campus for startups in India
T-Hub opens world's largest innovation campus for startups in India

Hyderabad, India's leading innovation and startup catalyst T-Hub on Tuesday inaugurated the world's largest innovation campus here with an aim to support over 2,000 startups.

The innovation campus is T-shaped, with a total built-up area of 5,82,689 square feet, making it the world's largest (the second

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Economy/Business
BYJU's rejigs global team as part of expansion plan as edtech space shrinks
BYJU's rejigs global team as part of expansion plan as edtech space shrinks

Bengaluru,  Edtech major BYJU's on Tuesday named Krishna Vedati as President of Global Growth and Strategic Initiatives, along with rejigging top leadership at K-12 creative coding platform Tynker (which it acquired for $200 million) as part of its US expansion.

Vedati, Co-Founder and CEO of Tynker,

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Economy/Business
PM condoles demise of business tycoon Pallonji Shapoorji Mistry
PM condoles demise of business tycoon Pallonji Shapoorji Mistry

New Delhi,  Prime Minister Narendra Modi has condoled the demise of noted industrialist Pallonji Shapoorji Mistry.

In a tweet, Prime Minister Modi said, "Saddened by the passing away of Shri Pallonji Mistry. He made monumental contributions to the world of commerce and industry. My condolences to hi

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Economy/Business
IILM'S expansion from College of Engineering and Technology to a University
IILM'S expansion from College of Engineering and Technology to a University

New Delhi, On June 3, IILM College of Engineering and Technology, Greater Noida, was deemed a University, marking the institute's expansion in terms of its offering and status. The announcement was made as a part of the Uttar Pradesh Private Universities (Amendment) Act, 2022, which was introduced in the UP Vidhan Sabha

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Economy/Business
Guidelines for rocket, satellite insurance will be ready before end of 2022
Guidelines for rocket, satellite insurance will be ready before end of 2022

Chennai,  The third party liability insurance guidelines for Indian private space sector players -- rocket and satellite makers -- are hoped to be finalised before the end of this year, said the sectoral regulator.

"We hope to define the guidelines (for third party liability insurance) before the en

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Economy/Business
Cloud technology helping us deliver meaningful experiences to customers: Uni Cards
Cloud technology helping us deliver meaningful experiences to customers: Uni Cards

New Delhi,  As the Indian fintech industry embraces Cloud-based technologies for the credit cards, buy now, pay later (BNPL) and credit EMIs market to deliver delightful experiences to the customers, Uni Cards with its unique offerings has created a niche space among the Indian users.

With the first-of-a

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Economy/Business
Crypto exchange FTX denies it is acquiring Robinhood
Crypto exchange FTX denies it is acquiring Robinhood

San Francisco, Global crypto exchange FTX has clarified that it is not in active talks to acquire Silicon Valley-based online trading app Robinhood, the media reported on Tuesday.

A TechCrunch report said that FTX is "excited" about Robinhood's business prospects but is not talking about acquiri

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Economy/Business
India continues to grapple with 'severe and protracted power crisis' after surge in coal prices
India continues to grapple with 'severe and protracted power crisis' after surge in coal prices

New Delhi,  India is continuing to grapple with a "severe and protracted" power crisis after a sustained surge in global coal prices in late-2021 was further aggravated by Russia's invasion of Ukraine in February, S&P Global Commodity Insights said.

The global price pressure eroded Indi

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