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Explainer-What India’s decision to scrap its 2000-rupee note means for its economy

Explainer-What India’s decision to scrap its 2000-rupee note means for its economy

© Reuters. FILE PHOTO: An India Rupee note is seen in this illustration photo June 1, 2017. REUTERS/Thomas White/Illustration By Ira Dugal MUMBAI (Reuters) – India will withdraw its highest denomination currency note from circulation, the central bank said on Friday. The 2000-rupee note, introduced into circulation in 2016, will remain legal tender but citizens…

Restaurant365 gobbles up $135M to supersize its software for the food service industry

Restaurant365 gobbles up $135M to supersize its software for the food service industry

The price of food continues to go up and up, but surprisingly that hasn’t (yet?) played out as pressure on the wider restaurant industry. Now, a startup that’s building technology to serve that sector announced a supersized round of funding to nourish its growth. Restaurant365, which develops all-in-one restaurant management software, announced $135 million in…

NASA picks Blue Origin-led team to build second human landing system on the moon, joining SpaceX

NASA picks Blue Origin-led team to build second human landing system on the moon, joining SpaceX

NASA has chosen a Blue Origin-led team to develop a second lunar landing system for the Artemis program, as the agency looks to provide competition with SpaceX and support long-term exploration of the moon. The winning team includes Lockheed Martin, Draper, Boeing, Astrobotic and Honeybee Robotics. The award includes an uncrewed demonstration landing and a…