Info Edge (India) on Tuesday said it will acquire Axilly Labs for about Rs 21 crore, a move that will help the Naukri.com parent company further consolidate its position in the online recruitment solutions segment. The transaction is subject to fulfilment of certain prescribed conditions precedent and other terms and conditions as per share purchase agreements authorised to be signed by the Board for the proposed acquisition, it added.

As smartphones gained in popularity in Japan, Takanori Nakamura's company began to take off. Today, the company services 8,000+ corporate customers.

Oil prices had crashed globally during the COVID-19 pandemic. Prices in the US went negative for the first time ever.

Tata Group company Titan has said the second COVID wave proved to be a setback for its FY22 business plans that were made with a lot of "ambition, substantial excitement and passion". The company, however, said it is moving ahead with "calmness and composure" and is confident of overcoming all the challenges.