TCS net profit rises 7.4%, revenue up 15.8% in quarter ending March

The company reported an order book of $11.3 billion (Rs 8.57 lakh crore) after two quarters of comparatively muted deal total contract value (TCV).

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Cloudtail sends termination notice to vendors

The notice from the Cloudtail CEO marks the first instance of the Prione subsidiary formally informing vendors of shutting Cloudtail.

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EximPe raises $3.5 million in funding led by Leo Capital

Singapore-based RB investments, Founder Bank Capital, iSeed Ventures, 2 am VC, LetsVenture, and BoldCap also participated in the funding round.

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Trading volumes on top crypto exchanges touch 6-month low

WazirX, one the largest cryptocurrency exchanges in India, estimatedly saw 65-90% of its business erode after e-wallet Mobikwik disabled its services on the platform over the last few days.

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Medikabazaar raises $65 million in funding led by Lighthouse India Fund

Lighthouse, an investor in Nykaa, Bikaji Foods and Duroflex, has brought in $30 million, with the rest coming from existing investors such as Creaegis, Health Quad, Ackermans & van Haaren, British International Investment (formerly CDC) and KOIS Holdings.

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GoTo sizzles on debut, sets tone for booming Indonesia tech sector

GoTo soared as much as 23% in its stock market debut on Monday after Indonesia's largest tech company raised $1.1 billion in a widely anticipated IPO

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Elon Musk turns down Twitter board seat: CEO Parag Agrawal

The development comes days after Musk disclosed picking up a 9.2% stake in Twitter. He was later appointed to Twitter’s board. Last week, he had even tweeted a poll about whether Twitter should introduce an edit button.

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