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Indian startups raise USD 1.65 bn in February; median valuation at USD 83.2 mn

Indian startups raised USD 1.65 billion in February 2025, marking a 19.5% increase from January. Bengaluru and Mumbai witnessed substantial funding, with Oxyzo leading with USD 1 billion. Notable acquisitions and IPOs were also recorded, contributing to the overall positive…

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PMI scheme: MCA announces over 3,100 paid IT and software development internships

The Ministry of Corporate Affairs (MCA) on Monday announced that it has introduced over 3,100 paid internships in information and technology (IT) and software development under the Prime Minister Internship Scheme (PMIS).

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Of 1.2 lakh hirings by tech sector, 1 lakh were by GCCs

​Through the first nine months of 2024-25, top Indian IT firms hired just 11,000 people. In fact, the top five Indian IT services organisations increased their workforce by only 5,190 employees during the 2023-24 financial year. TOI reported how this…

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Women in India increasingly seeking credit, monitoring credit scores: Report

Women in India are increasingly monitoring their credit scores, with a 42% rise in self-monitoring as of December 2024. Non-metro areas show higher engagement, while challenges remain in access to credit. Policy efforts and inclusive financial products are essential to…

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Cement demand to cross 640 MTPA by FY30, says UltraTech

Cement demand is projected to exceed 640 million tonnes annually by FY30, with a compound annual growth rate of 7-8% from FY24 to FY30, according to UltraTech Cement. The company is expanding its production capacity and entering the wires and…

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Employment rising, but employees’ salaries not keeping pace with inflation: Niti member Virmani

​In an interview with PTI-Bhasha, he said, “According to PLFS (Periodic Labour Force Survey) data, the worker-population ratio has been clearly increasing in the last seven years. This means that the number of jobs is increasing more than the population…

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