Oravel Stays Ltd, which operates OYO Rooms, reported a sharp surge in first-quarter profit and revenue, buoyed by robust hotel demand, premium brand expansion, and improved operating discipline. The board will also consider a 1:1 bonus share issue at its annual meeting later this month. The company recorded a profit after tax of more than…
The next generation GST reforms would ‘absolutely’ set an economy open and transparent with further reduction in compliance burden and benefiting small businesses, Union Finance Minister Nirmala Sitharaman said on Tuesday. She was speaking at the 120th Foundation Day celebrations of Tamil Nadu-based City Union Bank, where President Droupadi Murmu was the chief guest. Sitharaman…
Chennai-based edtech firm Veranda Learning said that it will divest its vocational training division, just a month after revealing similar plans for its commerce education arm. These moves are part of a broader strategy to separate its four verticals, including K-12 and government test prep, and list each of them as independent companies on the…
From Finance Minister Nirmala Sitharaman unveiling GST 2.0 to Girish Mathrubootham exiting Freshworks, YourStory brings you stories that highlight significant developments across industries. Featured stories From soaps to refrigerators, GST cuts promise to supercharge India’s consumption story Finance Minister Nirmala Sitharaman, who chaired the 56th GST meeting that cleared the much-anticipated GST reform, called it…
CRED has begun testing a gold-savings feature that allows users to invest in digital gold, while offering select members 1% cashback in the asset on bill payments as part of the pilot. The move puts the fintech in direct competition with Jar, the Tiger Global-backed micro-savings app. Screenshots circulating on social media show CRED crediting…
Private equity firm L Catterton has raised $200 million in the first close of the firm’s maiden India-focused fund, a source familiar with the matter told YourStory. The Economic Times was the first to report on the development. The consumer-focused PE fund, which has a target corpus of $400 million, also includes a green shoe…
Prime Minister Narendra Modi on Thursday urged teachers and students to lead campaigns to promote swadeshi products and give an impetus to “Make in India” and “vocal for local”. In an interaction with National Teacher awardees, he asked schools to celebrate such occasions as ‘Swadeshi Day’ or ‘Swadeshi Week’ when students would bring local products…
Prime Minister Narendra Modi has said that the government brought in a new law to regulate online gaming without heeding to any pressure to ensure that the future of country’s youth is safeguarded from the harmful effects of the digital world. In an interaction with national awardee teachers, the prime minister said there are huge…
In the heart of Tel Aviv, a semiconductor startup is quietly redefining how enterprises crunch data. Speedata is forging ahead with a bold aim: transforming analytics infrastructure through its pioneering Analytics Processing Unit or APU. A Breakthrough in Data Processing Established in 2019 by a team of six researchers including early innovators in Multi-Threaded Coarse-Grained…
Arogyaswami Paulraj, Professor Emeritus, Stanford University, believes India has to build a strong ecosystem to woo talent in the fields of AI and semiconductors to return home. “In the last five years from Stanford, maybe 10 profs have gone back to China—nobody has come to India,” Paulraj told a packed audience at Semicon India 2025….
