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Agnikul: Spacetech startup Agnikul registers revenue of Rs 2.9 crore, losses jump to Rs 20 crore for FY23

Spacetech startup Agnikul Cosmos reported revenues of Rs 2.9 crore in the financial year ending March 31, 2023, up 32% from a year ago, with losses widening over two-fold.The company reported net losses of Rs 20 crore, as per its filings with the Registrar of Companies. The losses more than doubled compared to Rs 9 crore from the previous fiscal.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM LucknowIIML Executive Programme in FinTech, Banking & Applied Risk ManagementVisitIIT…

indrive: Ride hailing platform inDrive sees five-fold jump in driver registrations in special drive

Ride hailing platform inDrive on Saturday said driver registrations on its platform surged by around fivefold while the number of trips more than four-fold during a month-long special campaign. The company said it conducted a special drive from November 15 to December 15 to onboard new drivers as well as motivate registered drivers to take more trips. The campaign saw new registration of more than 80,000 drivers this month against addition of 18,000 drivers in a similar campaign carried out earlier in June this year, said…

Micron: Micron revenue forecasts strong recovery, shares jump

Micron Technology forecast quarterly revenue above market estimates on Wednesday, and its shares jumped nearly 5% in extended trading on signs of memory chip recovery in 2024 after one of the most significant downturns in years.Demand for flash storage and dynamic random access memory (DRAM) should keep improving next year, while at the same time supply will begin to approach historically normal levels, the memory chipmaker said.Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

Pilgrim’s FY23 Revenues Soar with Four-Fold Jump

Direct-to-consumer (D2C) personal care brand Pilgrim’s operating revenue for 2022-23 jumped over four times to Rs 76.46 crore from Rs 16.89 crore in FY22.Its net loss, however, more than tripled to Rs 23.06 crore from Rs 7.53 crore during the same period as expenses ballooned to Rs 99.95 crore in FY23 from Rs 24.72 crore in FY22, the Fireside Ventures-backed company said in its statutory filing with the Registrar of Companies (RoC).Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM…

Meta Platforms, TikTok report jump in Malaysia govt requests to remove content in 2023

Facebook-owner Meta and China's TikTok restricted a record number of social media posts and accounts in Malaysia in the first six months of 2023, data published by the firms showed, amid a jump in government requests to remove content.Malaysia Prime Minister Anwar Ibrahim's administration, which came to power in November 2022 on a reformist platform, has faced accusations of backpedaling on its promises to protect freedom of speech amid increased scrutiny of online content in recent months. The government has denied…

James Cameron Just Addressed Avatar 4’s Time Jump, And Now I Have Questions

With Avatar: The Way of Water answering the question of whether audiences still care about Avatar, we now look forward to three additional films James Cameron has planned. While what we know about Avatar 3  includes a release date is going to make us wait two years, there’s a lot of filming left to do that won't even start until after the next movie comes out. However, it’s actually slightly less than two full movies worth of filming, as we know that Cameron filmed part of Avatar 4 alongside two and three, and he’s…

Nintendo is the latest to jump into the Year in Review 2023 party

Following uncomfortable close to the Xbox and PlayStation Year in Review roundups, Nintendo has provided its own. Like most other year-in-review wrap-ups, Nintendo shows you the number of hours played on your Switch (Switches, if you’re fancy), what games you prefer, and further breakdowns beyond that. Unlike the PlayStation round-up, it doesn’t try to tell you your horoscope; instead, it just gives you the facts. I’m going to take a guess here, but it’s statistically likely that your top-played game this year was…

Galaxy A53, A54 make the jump to Android 14 in the US

Samsung‘s Android 14-based One UI 6.0 update is rolling out to the Galaxy A53 in the US. The big update is also widely available for the Galaxy A54 and Galaxy F34. The company has already updated the latest foldables and flagships to the new One UI version. Galaxy A53 users can now download Android 14 in the US Samsung started pushing Android 14 and One UI 6.0 to the Galaxy A53 at the end of November. The rollout began in Europe and gradually expanded to other regions such as Asia. It recently hit the US shores. As of…

Cigna shares jump on abandoned Humana buyout, buyback plans

Sopa Images | Lightrocket | Getty ImagesShares of Cigna jumped Monday following reports that the health-care giant has scrapped its plans to buy rival Humana due to disagreements on price, putting an early end to what would have been one of the largest deals of the decade.Cigna late Sunday also announced plans to buy back $10 billion worth of shares, bringing its total planned repurchases to $11.3 billion. The company said in a release that it will consider smaller, "bolt-on" acquisitions in the near term, but did not…

Bridgmanite and the Viscosity Jump Mystery

Researchers discovered that the Earth’s lower mantle becomes more viscous at depths of 800 to 1,200 kilometers, due to bridgmanite-enriched rocks. These rocks, with larger grain sizes, affect geophysical and geochemical processes. Prof. Dr. Tomoo Katsura and his international research team at the Bavarian Research Institute of Experimental Geochemistry and Geophysics, University of Bayreuth, have discovered why rocks in the Earth’s interior suddenly become more viscous at depths of 800 to 1,200 kilometers. The cause of…