ZestMoney to Cease Operations, Impacting 150 Employees
NEW DELHI: Buy now Pay Later (BNPL) startup ZestMoney has decided to shut operations. The move will impact some 150 employees of the firm, the company's management told employees in a town hall on Tuesday. ZestMoney did not comment. It is learnt that the firm will shut down by the end of this month.
The move comes after attempts by the Bengaluru-based startup to get acquired by larger peer PhonePe failed. The deal was called off earlier this year after a due diligence process undertaken by PhonePe, while evaluating the potential acquisition failed to meet its bar. The Walmart-owned fintech major had, however, hired some 130 of ZestMoney's employees.
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Man Loses Leg in 'Phatka Gang' Attack on Moving Train in Kalyan
KALYAN: A 22-year-old farmer from Nashik suffered a partial amputation of his left leg after being hit by the notorious 'Phatka gang' near Kalyan. The incident occurred on Sunday morning while Gaurav Nikam was travelling on the Tapovan Express from Thane to Nashik. According to Kalyan GRP, the incident happened between Shahad and Ambivli railway stations when the train slowed down near Irani Pada. Nikam was on a phone call near the train door when a minor boy from outside struck his hand with a
Allegations of Fraudulent Surrogacy Practices Surface at Hyderabad Fertility Clinic
HYDERABAD: Gopalapuram police have registered five new cases against the head of Srushti Fertility Clinic Dr Athaluri Namratha alias Pachipala Namratha, and others based on complaints lodged by five sets of victims. While in one case a couple alleged that the doctor handed them a baby whose DNA did not match theirs, three other couples accused the clinic of adopting dubious methods. They claimed that they had already paid the money â anywhere from Rs 12.5 lakh to Rs 19 lakh â and even deposited their biological samples when they grew suspicious about the operations of Dr Namratha and her clinic. The frauds occurred between 2019 and 2025. Cops are yet to ascertain details of the fifth case.
Uttarkashi Cloudburst Horror: Flash Floods Sweep Away Village, People Seen Running For Their Lives
DEHRADUN: A man narrowly escaped death after the flash flood swept through Dharali village in Uttarkashi on Tuesday, triggering a massive pile of debris. He was seen crawling out from the rubble, covered in mud and visibly injured, moments after the deadly waters destroyed homes, shops, and roads in seconds. The man's identity and his current condition remained unknown as of Tuesday evening, but widely circulated videos have already hailed him as a hero. Officials have not yet confirmed whether he was later taken to hospital or rescued by disaster response teams.
Can Vijay be the Next MGR in Tamil Nadu Elections?
A huge poster of actor Vijay stares down from the wall. A digital signboard flashes: 285 days, 3 hours, 43 minutes and 46 seconds, a countdown to the 2026 assembly election in Tamil Nadu. Scores of people sit glued to screens, fingers flying over keyboards, some others are on mobile phones trying to reach voters in remote hamlets. The Tamizhaga Vettri Kazhagam (TVK) war room in Chennai is fully activated.
Man Loses Leg in 'Phatka Gang' Attack on Moving Train in Kalyan
KALYAN: A 22-year-old farmer from Nashik suffered a partial amputation of his left leg after being hit by the notorious 'Phatka gang' near Kalyan. The incident occurred on Sunday morning while Gaurav Nikam was travelling on the Tapovan Express from Thane to Nashik. According to Kalyan GRP, the incident happened between Shahad and Ambivli railway stations when the train slowed down near Irani Pada. Nikam was on a phone call near the train door when a minor boy from outside struck his hand with a
Allegations of Fraudulent Surrogacy Practices Surface at Hyderabad Fertility Clinic
HYDERABAD: Gopalapuram police have registered five new cases against the head of Srushti Fertility Clinic Dr Athaluri Namratha alias Pachipala Namratha, and others based on complaints lodged by five sets of victims. While in one case a couple alleged that the doctor handed them a baby whose DNA did not match theirs, three other couples accused the clinic of adopting dubious methods. They claimed that they had already paid the money â anywhere from Rs 12.5 lakh to Rs 19 lakh â and even deposited their biological samples when they grew suspicious about the operations of Dr Namratha and her clinic. The frauds occurred between 2019 and 2025. Cops are yet to ascertain details of the fifth case.
Uttarkashi Cloudburst Horror: Flash Floods Sweep Away Village, People Seen Running For Their Lives
DEHRADUN: A man narrowly escaped death after the flash flood swept through Dharali village in Uttarkashi on Tuesday, triggering a massive pile of debris. He was seen crawling out from the rubble, covered in mud and visibly injured, moments after the deadly waters destroyed homes, shops, and roads in seconds. The man's identity and his current condition remained unknown as of Tuesday evening, but widely circulated videos have already hailed him as a hero. Officials have not yet confirmed whether he was later taken to hospital or rescued by disaster response teams.
Can Vijay be the Next MGR in Tamil Nadu Elections?
A huge poster of actor Vijay stares down from the wall. A digital signboard flashes: 285 days, 3 hours, 43 minutes and 46 seconds, a countdown to the 2026 assembly election in Tamil Nadu. Scores of people sit glued to screens, fingers flying over keyboards, some others are on mobile phones trying to reach voters in remote hamlets. The Tamizhaga Vettri Kazhagam (TVK) war room in Chennai is fully activated.
Minuscule AI Startup Raises $41 Million to Tap India Growth
A generative artificial intelligence startup targeting the Indian market raised $41 million in fresh funding, the largest such round by an early-stage AI contender in the country. Sarvam AI is building large language models targeted at unique uses in Indian languages at price points that the country's 1.4 billion people can afford. The Series A funding round was led by Lightspeed Venture Partners, and participants included Silicon Valley billionaire Vinod Khosla's Khosla Ventures and Peak XV Par
Asian Stock Markets Rise on US Rate Cut Hopes
Asian stock markets climbed on Thursday, buoyed by a tech rally on Wall Street, upbeat earnings, and hopes of US rate cuts. Investor confidence followed after Trump's 100% chip tariff threat came with exemptions for several companies.
Use Crisis to Unleash Reforms: Anand Mahindra
MUMBAI: Industrialist Anand Mahindra has said that US tariffs will have the unintended consequences of creating new growth drivers, and India should use the opportunity to unleash reforms like in 1991 and promote tourism as a forex engine. In an elaborate post on X following the tariff announcements, the Mahindra & Mahindra chairman outlined his two proposals - creating a genuine single-window clearance system for all investments, starting with willing states aligning to a national platform to d
Japan to Import Ford F-150s, Trade Agreement Details Still Unclear
Japan is set to begin importing Ford's hefty F-150 pickup trucks, as announced by US President Donald Trump on Tuesday, amidst lingering uncertainties surrounding the full extent of the trade agreement.
Airbus Appoints Jürgen Westermeier as President and MD for India and South Asia
NEW DELHI: Airbus has appointed Jürgen Westermeier (53) as the president and MD for India and South Asia, effective Sept 1, 2025. Jürgen, currently EVP & chief procurement officer at Airbus, will succeed Rémi Maillard who will become EVP engineering for commercial aircraft and head of technology at Airbus.
Indian Startups Creating Jobs: Finance Ministry Report
Finance Ministry
NEW DELHI: More than 1.14 lakh startups in India have created over 12 lakh jobs so far, the finance ministry said in its latest review of the Indian economy.
In the report titled, 'The Indian Economy: A Review January 2024', the Department of Economic Affairs said that the 1.14 lakh startups recognised by the government under the 'Startup India initiative' created more than 12 lakh jobs (as of October 2023).
The state-owned e-commerce platform Open Network for
Gold and Silver Price Prediction Today
Gold price prediction: MCX Gold prices have been trading significantly above the â¹1,00,000 mark, indicating strong bullish momentum in the domestic market. (AI image)
Gold and silver price prediction today: Gold rates have been exhibiting bullish momentum in the domestic market. What levels of gold and silver prices should investors watch out for? Abhilash Koikkara, Head - Forex & Commodities, Nuvama Professional Clients Group shares his views:
MCX Gold
MCX Gold prices have
TCS Announces Salary Hikes for 80% of Employees Amidst Layoff Plans
Tata Consultancy Services (TCS), India's largest IT services firm, has announced salary hikes for approximately 80% of its staff members. The salary hikes will mainly cover the IT giant's junior and mid-level employees. The salary hike comes at a time when TCS has announced that it will lay off around 12,000 employees in the course of this year.
