Author: Arabian Media staff

Opinions expressed by Entrepreneur contributors are their own. There’s a story I keep coming back to. You’ve probably heard it, too.One time, a cargo ship broke down in the water. The crew couldn’t figure out what was wrong, so they called in a couple of experts one by one, but no one could figure out the fault.Then they called in an old professional who had been fixing engines since he was young. He walked in, studied the engine for a few minutes, and tapped a single spot with a hammer. The engine came back to life. A few days later,…

India’s manufacturing sector is expected to contribute approximately 3% to the global goods trade by 2030, up from its current share of around 1.8%, according to a new report released by Accel. The report on Advanced Manufacturing also notes that “Domestic manufacturing is estimated to reach $1.3 trillion by FY30 at a CAGR of 18%.” While India’s current domestic manufacturing GDP stands at $471 billion, a significant portion of this growth is expected to be driven by advanced manufacturing. Earlier this month, a survey by HSBC reported that India’s manufacturing sector growth strengthened in July, reaching a 16-month high of…

In recent years, India has seen an unprecedented rise in digital scams, including modern ones like digital arrest, which aim to extort money from victims through fear, deception, and intimidation. In the last four years, cyber frauds have increased by 900%, with fraudsters cheating people of Rs 33,165 crore, including Rs 22,812 crore in 2024 alone, according to the National Cyber Reporting Platform.While digital payment instruments have become more convenient and widely used, they’ve also increased the risk of fraud, such as a call from an unknown number posing as your bank manager, a debit notification you didn’t authorise, or…

Non-banking financial company Tata Capital has filed updated draft papers for an initial public offering (IPO) comprising up to 47.58 crore equity shares.The proposed IPO is a combination of a fresh issuance of 21 crore equity shares as well as an offer for sale (OFS) of 26.58 crore shares, according to the updated draft red herring prospectus (DRHP) filed on Monday.Under the OFS, Tata Sons will offload 23 crore shares, and the International Finance Corporation will divest 3.58 crore shares.The funds mobilised through the issue will be used for augmentation of the company’s Tier I capital base to meet future…

A well-crafted handbag is more than just a space to carry essentials. For many women it is a form of self-expression. At Miraggio, one of India’s newest and popular luxury accessories brands, handbags are designed to honour the free-spirited woman of today. This Gurugram-based fashion startup, founded by Mohit Jain, is committed to offering world standard handbags..Today, the home-grown handbag market has flourished, bolstered by unique storytelling, high quality products and a deep understanding of what women want. According to Tracxn, the sector has pulled in steady funding in the last 5 years, amounting to a total of $37.2 million.As…

IT giant Cisco, which makes networking hardware, software, and telecommunications equipment, recently faced a major data breach, the company disclosed on Friday.A Cisco representative fell victim to a voice phishing or “vishing” attack, when a caller pretends to be a legitimate individual or organization, and tricked the employee over the phone to obtain the personal information of Cisco.com users.Related: ‘Largest Data Breach in History’: Apple, Google, and Meta Passwords Reportedly Among 16 Billion Stolen in Massive Hack The bad actor was able to access and export a subsection of profile information from Cisco’s cloud customer management system. They stole data…

From Zelo Electric building affordable scooters for India’s Tier II and III towns to Jeh Aerospace raising $11 million in a Series A funding round, YourStory brings today’s headlines that highlight significant developments across industries.Featured storiesMedScore helps pharma distributors reduce bad debts and manage credit betterWhen Mannuri Vamshi Krishna was just 13, his father died of tuberculosis—not because treatment was unavailable, but because medical help didn’t arrive in time. “We spent three years going from hospital to hospital, but help never came in time. There wasn’t a shortage of medicines. It was the delay caused by systemic inefficiencies and a…

When Jacqueline Tatelman and her husband, Scot Tatelman, founded a nonprofit summer camp for hundreds of kids growing up in New York’s under-funded neighborhoods in 2009, they didn’t yet know that the experience would lay the foundation for a new business with a major give-back mission: STATE Bags.Image Credit: Courtesy of STATE Bags. Jacqueline Tatelman. “The first couple of summers, [campers] were coming to camp with their stuff in trash bags or plastic bags with holes in them,” Tatelman says. “We knew that a lot of them were coming with everything they own for one week away and that they…

TurboHire, an AI-powered recruitment automation platform for enterprises, has secured $6 million in Series A funding led by IvyCap Ventures.Founded in 2019 by Deepak Agrawal, Rakesh Nayak, and Gaurav Kumar, TurboHire is built around agentic AI and integrated with major HR systems like SAP SuccessFactors, Oracle HCM, and Workday.The platform aims to streamline the hiring process by improving speed, accuracy and decision-making, while reducing manual effort and time-to-hire. It addresses inefficiencies in enterprise recruitment by offering a more adaptive and data-driven approach to talent acquisition.With this funding, the Hyderabad-based company plans to scale its global expansion, enhance its AI-driven recruitment…

AI is eliminating jobs in the U.S., especially for young tech workers just starting in their careers.In a Monday Goldman Sachs note, obtained by Business Insider, the investment firm wrote that since ChatGPT was introduced in November 2022, the tech sector’s share of U.S. employment, which had just hit its highest point, has been declining.Unemployment is especially high for 20- to 30-year-olds aiming to work in the tech sector, the report found. Since the start of 2024, the unemployment rate for that group has risen by nearly 3%, more than four times greater than the overall rate. Goldman Sachs says…