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India has about 100 unicorns, which includes names like Swiggy, Ola, Nykaa, etc., and 170 soonicorns, such as Ather Energy, SUGAR Cosmetics, Dunzo, and others. With the start-up ecosystem maturing in the last decade, the time taken to reach the $100 million-mark has decreased significantly to just five years now, a new report by Redseer … Read more
Germany trade surplus of €10.8B, beats expectations Source link
Global regulators are set to sharpen their scrutiny of hedge funds, clearing houses and pension assets this year after a run of crises has shifted watchdogs’ focus towards risks outside the banking system. The disparate group, loosely defined as “non-bank financial institutions” by regulators, has been thrust into the spotlight after a series of market … Read more
Crypto.com is one of the centralized exchanges that survived the market tribulations of 2022. Recent analysis done by CryptoCompare shows that the CEX had an average market share of 4.6% last year. Its native token Cronos, despite the challenges, was able to withstand the beating. Although this is incredibly small compared to the big shots … Read more
A class action lawsuit has been filed against password management service LastPass following a data breach from Aug. 2022. The class action was filed with the U.S. district court of Massachusetts on Jan. 3, by an unnamed plaintiff known only as “John Doe” and on behalf of others similarly situated. It alleges that the data … Read more
Corporate Travel Management is expanding operations of Australia-based 1000 Mile Travel Group, its host agency business, into the U.S., the travel management company announced. CTM acquired 1000 Mile Travel Group, which is a network of independent travel advisors focused on small and midsize business, in July and indicated at that time they planned expansion to … Read more
Article content (Bloomberg) — Europe is set for the warmest January in decades, easing an energy crunch that has hammered the region for months. Article content Mild conditions are likely to persist across the region until the end of the month, with a strong polar weather system inhibiting cold outbreaks, according to forecaster Maxar Technologies … Read more
(Bloomberg) — Western Digital Corp. has restarted talks with Japan’s Kioxia Holdings Corp. in a deal that could unite two technology storage providers, according to people familiar with the matter. Most Read from Bloomberg While the structure of a potential deal remains fluid, the parties are discussing merging into one publicly traded company, said the … Read more
Delhi car horror: Fresh developments continue to unravel in the Kanjhawala accident that killed a 20-year-old woman. The deceased woman, Anjali Singh’s family has refuted the claims made by her friend Nidhi to the media. Reports have also emerged that 10 police vehicles were deployed to trace the Baleno car that hit the scooty. Anjali … Read more
China services sector shrinks for 4th month as COVID cases surge Source link