Sify unit to raise Rs 1,000 crore from Kotak Special Situations Fund

Sify Infinit Spaces will use the capital from Kotak Special Situations Fund to set up new data centres in Mumbai, Noida, Chennai, Bengaluru and Hyderabad and meet their renewable energy requirements.

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Unlikely Facebook will change if Mark Zuckerberg remains CEO, whistleblower says

Facebook whistleblower Frances Haugen sees no sense in the company’s rebranding as Meta Platforms, given the issues that are yet to be addressed by the Mark Zuckerberg-led social network.

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Apple's India profit rises 32% as sales volumes surge

The local unit of the Cupertino, California-based company posted a net profit of Rs 1,226 crore for the year.

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QED, Sequoia and Tiger circle Jupiter; Carlyle, others to dilute stakes in Delhivery IPO

India's neobanks, like all other tech startups, have been on a roll in 2021.

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Jupiter in talks for 100 million, value may double to $700 million

This comes just three months after Jupiter, founded by Jitendra Gupta — who had founded Citrus Pay and later sold it to Prosus fintech arm PayU — closed a $45 million funding from Brazil’s neobank major NuBank and others.

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Metaverse pioneers unimpressed by Facebook rebrand

The term metaverse has become a tech buzzword this year, with companies and investors keen to be a part of the next big thing. But users have for years been spending time in these fast-growing but obscure virtual worlds.

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Carlyle to cash in on Delhivery; govt issues FAQs on IT rules

Carlyle is among the investors in new-age logistics firm Delhivery that will sell shares in the company’s billion-dollar IPO next year.

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