Vedantu obtains unicorn status after raising USD 100 million in funding

Online learning platform Vedantu has reportedly secured USD 100 million during a Series E funding round. The company is now the latest Indian startup to join the Unicorn club following a strong growth year. The latest funding was led by Si....

Amazon & Flipkart to lock horns during India’s upcoming festive season

Major e-commerce platforms Amazon Inc. and Flipkart are reportedly preparing to capitalize heavily on the upcoming festive season in India. Both firms seek to overtake each other in the race to reach online shoppers first. Recently, Flipka....

Tesla, Apple suppliers halt production in China amid tightening reforms

Various Apple, as well as Tesla suppliers, have reportedly shut down production at some Chinese factories for a few days to obey the strict energy consumption policies, further resulting in supply chain losses amid peak season for electroni....

Tesla expands Full Self Driving program beta access to more users

Tesla Inc. has reportedly enabled more drivers to access the beta of its Full Self Driving (FSD) program via a ‘request’ button on the car’s dashboard screen. This news comes despite serious concerns expressed by the head ....

Flipkart seeking 4000 part-time staff through Flipkart Xtra marketplace

Flipkart is reportedly launching a separate marketplace model named Flipchart Xtra to provide flexible earning opportunities to technicians and service agents, especially to those seeking part-time employment. According to reliable sources....

Greece tests drones for medicine transportation to remote locations

The drone traveled 0.3 miles to deliver medicines to an isolated area in Greece. The initiative is a part of an EU funded program coined ‘Harmony’ Greece recently conducted a drone testing program intended at enabling envir....

AstraZeneca shares soar as Enhertu found to reduce breast cancer risks

Shares of AstraZeneca plc have witnessed a substantial hike after it revealed positive results from Enhertu trials, a breast cancer drug candidate which is being developed by the British drugmaker. If sources are to be believed, Enhurtu re....

Investors urge governments to tighten climate accounting protocols

Investors controlling over USD 2.5 trillion have reportedly urged governments to require auditors and companies to align their financial reporting methods to accommodate the world’s net-zero emissions target. A letter addressed to CO....

Lufthansa to pay off government bailout by raising USD 2.5 billion

Major German airliner Deutsche Lufthansa AG is expected to raise USD 2.5 billion by issuing new shares to the public, to repay a portion of the German government’s financial aid which had been received during the coronavirus pandemic.....

Indonesia in talks with WHO to become global vaccine manufacturing hub

Indonesia is in discussion with the World Health Organization (WHO) together with six pharma companies to establish itself as a global vaccine manufacturing hub, as stated by the country’s health minister. Budi Gunadi Sadikin mention....

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