Samsung launches fifth edition of Solve for Tomorrow, raises winning grants to ₹2 crore

Samsung launches fifth edition of Solve for Tomorrow, raises winning grants to ₹2 crore

Samsung has launched the fifth edition of Samsung Solve for Tomorrow 2026, expanding the scale of its youth innovation programme and increasing incubation grants for winners to ₹2 crore. The programme, announced on May 7, invites students aged 14 to 22 to develop technology-led solutions for real-world social challenges. Applications will remain open until July…

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Redefine affordable housing parameters, banks tell govt; ‘rising ticket sizes, interest costs need to be considered’

Redefine affordable housing parameters, banks tell govt; ‘rising ticket sizes, interest costs need to be considered’

MUMBAI: Banks have asked govt to review the definition of affordable housing by revising property value and size thresholds to reflect inflation and changing requirements, as rising ticket sizes and interest costs render existing limits less relevant.“We are the market leaders in housing finance and our home loan portfolio has grown by 13.7%. Our average…

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Zepto gets Sebi nod for $1 billion IPO

Zepto gets Sebi nod for $1 billion IPO

MUMBAI: Zepto’s $1 billion IPO is a step closer to hitting Dalal Street with markets regulator Sebi giving it a go ahead for the issuance, details published on its website showed. The company which rivals Eternal’s Blinkit and Swiggy Instamart in India’s $10-11 billion quick commerce market (in terms of GMV or sales before the…

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Urban Company’s InstaHelp losses widen as it steps up battle with Pronto, Snabbit

Urban Company’s InstaHelp losses widen as it steps up battle with Pronto, Snabbit

BENGALURU: Urban Company’s push into instant domestic services dragged the company deeper into losses in the March quarter, as the home services platform ramped up spending to compete with fast-growing rivals such as Pronto and Snabbit in the emerging category.The Gurugram-based company reported a consolidated loss of Rs 161 crore for the March quarter, compared…

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