School In Dehradun Tried To Hide A Murder

A 12-year-old boarding school student, Vasu Yadav. He was beaten to death by his seniors with cricket bats and wickets for stealing a packet of biscuits while they were out. The case came on the surface on Wednesday evening as…

Amazon In Talks To Invest In Bengaluru Based Drivezy

SoftBank, the world’s largest technology investor, and consumer technology. Behemoth Amazon is among the multiple investors that have thrown their hats in the ring to potentially lead a $100 million equity financing round in mobility platform Drivezy. The Bengaluru and…

Moglix Transforms FMCG Giant Unilever Procurement’s Contract

Fast-moving consumer goods major Unilever has automated its procurement contracting system by integrating a tool developed by online business-to-business (B2B) industrial goods marketplace Moglix. The tool called iCAT, short for intelligent contracting automation tool. It is a cloud-based software solution…

New Street Technologies Gets Seed Funding

New Street Technologies Pvt. Ltd, which builds and operates blockchain-enabled platforms for institutional clients in the financial services segment. It has raised $2 million (Rs 13.8 crore at current exchange rates) in a seed funding round led by impact investment…

IISc To Offer M.Tech In Artificial Intelligence

The Indian Institute of Science (IISc) will offer a new M.Tech course in artificial intelligence starting this academic year. The two-year course will tap into growing demand for artificial intelligence, machine learning and related streams that have applications in industries…

Karnataka Government Lifts Ban On Ride-Hailing Firm Ola

Two days after suspending its cab aggregator licence for operating bike-taxi services, the Karnataka government lifted the ban on ride-hailing app Ola on Sunday. On Sunday, Karnataka social welfare minister Priyank Kharge tweeted, “Ola will run their business as usual…

UK Startup Claims 1st Ever Patent For Iron Man Like Jet Suit

A real-life Iron Man suit similar to the one worn by Tony Stark has been awarded a patent in what its British creators are saying is the world’s first for a ‘jet suit’. The Jet Suit is a wearable flight…

Brookfield To Acquire RIL’s East-West Pipeline

Canada-based Brookfield Asset Management’s India Infrastructure Trust. An InvIT is acquiring Reliance Industries Ltd’s (RIL’s) loss-making entity East-West Pipeline for ₹13,000 crore, RIL said on Thursday. The InvIT will acquire 100% equity interest in Pipeline Infrastructure Private Limited (PIPL) which…