JioCinema intends to name former Google general manager Kiran Mani CEO, leading the Indian streaming TV service’s push to increase its client base among mobile users.

Sony Group is strengthening its focus on the virtual production sector where it is experiencing market-beating growth thanks to the technological prowess of the Japanese entertainment conglomerate.

Atlas Materials, which has created a new method to manufacture low-grade nickel that may be used for electric vehicle batteries, has received $27 million in preparation for constructing a pilot facility in North America.

According to a statement from the company, this agreement will advance a shared aim to promote the Indian educational ecosystem for digital learning and aid more students

VinFast Auto, a rival to Tesla that last month overtook Toyota to become the third most valued automaker in the world

China on Thursday opened its first high-speed rail route that would pass multiple bays and skirt the coast of the province of Fujian in the southeast, close to the Taiwan Strait.

HSBC is planning to purchase Citigroup’s China consumer wealth management company, which oversees more than $3 billion in assets. This will significantly expand the London-based bank’s operations in that nation.

US-based Kyndryl, which was spun off from IBM in 2021 and claims to be the world’s largest provider of IT infrastructure services by revenue, has informed certain employees about the decision to split.

Toyota Motor plans to construct a third auto factory in India, increasing manufacturing capacity in the nation for the first time in more than ten years, according to two sources.

The world’s largest e-commerce platform Shopify is investing in the wholesale platform Faire, the two firms announced on Wednesday. As part of the arrangement, the start-up will use Shopify technology for its customers.

Trina Solar, a Chinese manufacturer of solar panels, plans to build its third facility in Vietnam, according to three people with knowledge of the situation who spoke to Reuters.

The U.S. Commerce Department has discussed specifics with South Korean chipmakers over which technology may be utilised in China. It also indicated that the U.S. would make similar statements as early as this week.

Bankers and attorneys expressed hope for a rebound in Canadian equity capital markets (ECM) issuance following Enbridge’s recent C$4.6 billion capital issue and a slew of new U.S. agreements.

In order to connect its economy with the nation’s goal of reducing greenhouse gas emissions, India will set carbon emission reduction objectives for four sectors that rely on fossil fuels, according to two government officials.

OYO, is expected to declare its first-ever profit after tax of more than Rs 16 crore for the current quarter ending in September.

Pilgrim, a direct-to-consumer (D2C) personal care company, said that Vertex Ventures Southeast Asia and India led its most recent fundraising round

In an effort to establish a market to finance reductions in greenhouse gas emissions and establish Indonesia as a significant player in the international carbon trade,

Mercedes-Benz anticipates 2023 to be its best year in terms of sales in India as the market for upscale vehicles continues to expand following the Covid epidemic.

The governor of Sonora, a state in northern Mexico, stated that his state wants to participate in the chip supply chain and export clean energy to California and Arizona,

As part of its accelerator program, Flipkart Ventures, the e-commerce giant’s investment arm, announced on Monday that it is investing in five early-stage, tech-focused firms.

India is considering spending 600 billion rupees ($7.2 billion) to offer subsidised loans for small urban dwellings, according to two government sources.

Investments in Indian agritech firms decreased by 45% between the 2021–22 and 2022–23 fiscal years as a result of higher global interest rates and increased investor skepticism amid escalating uncertainties.

At a product launch event, Huawei Technologies revealed the MatePad Pro 13.2 tablet and announced the launch of the ultra-luxury “Ultimate Design” brand

In an effort to compete with burgeoning cloud rivals on artificial intelligence, Amazon.com announced on Monday that it will spend up to $4 billion in cash in the well-known firm Anthropic.

Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi National Energy Company (TAQA) are the nation’s two largest oil companies.

Taiwan hopes to deploy at least two newly built submarines by 2027 and may equip subsequent models with missiles…

SoftBank Corp. will decide as early as Monday whether to raise up to 120 billion yen (S$1.1 billion) through Japan’s first IPO of bond-type class shares.

According to a Friday article in the Nikkei newspaper, Toyota Motor would increase the manufacture of electric vehicles under its luxury Lexus and Toyota brands.

The U.S. Commerce Department is releasing final regulations on Friday to stop China and other nations that are considered to be a threat to American national security from using subsidies for semiconductor manufacture.

Tata Motors, a well-known domestic automaker, debuted the electric version of its well-liked Ace compact vehicle in Nepal on Friday.

E-commerce behemoth Shein is sending more inexpensive clothing and household goods to U.S. warehouses from China to shorten shipping times for customers.

Due to unstable market conditions, Vietnamese internet startup VNG Ltd has postponed a $150 million U.S. initial public offering (IPO) until next year, a person with direct knowledge of the situation told Reuters.

As the European Union mulls slapping tariffs on its Chinese rivals, VinFast, a Vietnamese manufacturer of electric vehicles, intends to ship its first EVs to Europe this year after getting regulatory authorization, its chief executive told Reuters on Thursday.

Nio, a Chinese electric vehicle manufacturer, unveiled an Android smartphone on Thursday. According to CEO William Li, the business anticipates that at least half of its consumers will purchase the device.

New Zealand’s economy expanded more than forecast, supported by a rebound in the services sector. By avoiding a technical recession, the country’s government, which has come under scrutiny for its handling of the economy in the run-up to an election, would benefit.

Nvidia Corp. Chief Executive Officer Jensen Huang visited four cities on a five-day trip to India earlier this month, dined with tech leaders and researchers.

India’s technology industry is well-positioned to take advantage of the $4 trillion opportunity that the worldwide market for generative artificial intelligence (genAI) is expected to present.

Hota Industrial Mfg. Co (1536.TW), a Tesla supplier, announced on Wednesday that it would invest $99 million to develop its first facility outside of Asia in the U.S. state of

Senior U.S. officials have announced that U.S. President Joe Biden and Brazilian President Luiz Inacio Lula da Silva will start an effort on Wednesday to enhance the rights of working

The parent company of the direct-to-consumer (D2C) brand Mamaearth, Honasa Consumer Ltd, said that during the second quarter of 2016, The Derma Co’s annual sales rate surpassed the Rs 350

It has been more than a year since Canada initially promised incentives to kickstart clean technology initiatives, but no money has yet started to flow. If this doesn’t change soon,

By emphasising the need for accountability and transparency, Britain established rules aimed at preventing generative AI models like ChatGPT from being dominated by a small number of significant digital corporations

Joby Aviation, a US air taxi company, has selected a location near Dayton, Ohio, as the location where it eventually hopes to produce an electric aircraft that is still in development and needs to obtain certification.

Saudi Arabia and Tesla are in talks about establishing a manufacturing facility there as part of the kingdom’s ambitious effort to secure the metals required for electric vehicles and support the diversification of its economy away from oil.

Arm’s initial public offering is complete, Son, the founder and CEO of the Japanese conglomerate, is reportedly planning to invest tens of billions in artificial intelligence.

With the help of its own electric scooters named S1, Ola has begun offering its bike service in Bengaluru. A 5 kilometre ride would cost Rs 25,

The luxury firms and Reliance Industries are looking to capitalize on robust economic growth and a sharp increase in the number of millionaires.

Using the company’s platforms and artificial intelligence (AI) solutions, Infosys will deliver improved digital experiences and business operation services under the terms of the agreement

Dixon Technologies India Ltd., a supplier to Xiaomi Inc., plans to open a sizable new plant on the outskirts of New Delhi as India encourages Chinese tech companies to work with local assembly partners.

Total is looking to purchase interests in some of Adani Green’s projects as part of its effort to increase its portfolio of sustainable energy projects.

A top official said on Tuesday that Indonesia has requested Chinese automaker Geely Automotive Holdings (0175.HK) to assist it in developing a domestic electric vehicle by 2025 or 2026, and that the automaker has accepted.

President Joe Biden will contrast his “Bidenomics” domestic programs with what the White House has nicknamed “MAGAnomics,” a reference as the two sides continue to argue over the budget and a potential government shutdown looms.

The sale of a stake in Cipla Ltd. is at risk because prospective purchasers object to the valuation of 1.09 trillion rupees ($13.1 billion)

Marvel was a corporation that had gained in stature throughout the 1960s, 1970s, and 1980s thanks to the frequently outstanding art and storylines in such comics as Fantastic Four and The Amazing Spider-Man, and by the early 1990s, its financial success had peaked.

This comprehensive guide will provide you with all the information you need to know if you’re prepared to learn how to launch a business in California.

As the firm works to convince investors that the arrangement is a good one, UPS CEO Carol Tome said that the costs associated with the new Teamsters contract were lower than the “$30 billion in new money” cited by the union.

The new CEO of Alibaba Group Eddie Wu has informed staff that the company’s two key strategic priorities moving ahead would be “user first” and “AI-driven.”

Brands face intense competition, and publicity is limited. The key to sticking out is creating an identity and sense of community through social media.

In Mexico, a state governor declared on Monday that Tesla (TSLA.O) and its suppliers would invest $15 billion over the following two years in a factory that is still being built, which is triple the amount that Mexican officials had before declared.

GlobalFoundries, a contract chip manufacturer with its headquarters in the United States, announced Tuesday the opening of its $4 billion expansion manufacturing unit in Singapore, anticipating “growth in demand for essential semiconductor chips.”

Tesla’s (TSLA.O) Dojo supercomputer could propel a spike in the market value of the automaker of up to $600 billion, according to Morgan Stanley analysts.

After years of uncertainty relating to Brexit, Britain’s auto industry received a new boost on Monday when BMW (BMWG.DE) announced it would invest 600 million pounds ($750 million) at its UK plants to convert its iconic Mini brand to all-electric by 2030.

During U.S. President Joe Biden’s visit to Hanoi, which has seen new AI and Boeing deals, executives from leading U.S. and Vietnamese companies in the semiconductor, IT, and aviation sectors gathered on Monday in an effort to create commercial alliances.

President Joe Biden will visit Vietnam to strengthen ties, and top American semiconductor and digital giants like Intel, GlobalFoundries, and Google are anticipated to attend a commercial summit in Hanoi on Monday.

renewable energy, India will provide $452 million in incentives to businesses for the establishment of battery storage facilities, a top minister announced on Wednesday.

The Silicon Valley-based artificial intelligence semiconductor startup d-Matrix has received $110 million from investors include Microsoft

The consumer division of Tata Group is in talks to acquire at least 51% of iconic Indian snack food producer Haldiram’s but is uneasy with the $10 billion valuation demanded.

It’s a terrific Business idea to start your own business because it allows you to set your own rules and be your own bo p 10 business concepts in the USA for 2023 in this article:

Qualcomm (QCOM.O), a U.S. semiconductor manufacturer, announced on Tuesday that it will provide chips to luxury automakers Mercedes (MBGn.DE) and BMW (BMWG.DE) to power in-car infotainment systems.

For the purpose of expanding the coverage of its 4G and 5G telecom networks in Europe and Africa, Vodafone (VOD.L) intends to collaborate with Amazon’s low Earth orbit satellite constellation

Several of Arm Holdings Ltd’s clients have agreed to invest in the chip designer’s initial public offering, including Apple Inc. (AAPL.O), Nvidia Corp. (NVDA.O), Alphabet Inc. (GOOGL.O), and Advanced Micro Devices Inc. (AMD.O).

Reliance Retail Ventures, owned by Indian billionaire Mukesh Ambani, is in advanced discussions with international investors to raise around $2.5 billion by the end of September in preparation for a prospective stock market listing, according to people familiar with the situation who spoke to Reuters.

Chinese battery manufacturer Gotion High Tech (002074.SZ) is purchasing a 25% interest in Slovak battery manufacturer Inobat and will provide supply chain and technology support, the firms announced on Thursday.

A digital payment platform called PhonePe announced on Wednesday that  Share(dot)Market, a division of PhonePe Wealth Broking, will be entering the stock broking business.

The Chinese manufacturer of electric vehicles Nio announced that it would introduce its first internally produced mobile phone in late September with the goal of enhancing the appeal of its vehicles through better software and connection.

On Tuesday, Nitin Gadkari, the minister of state for roads and highways, showcased a Toyota Innova HyCross ethanol-powered car. This vehicle is reportedly the first electrified flex-fuel BS-VI (Stage-II) vehicle in the world.

New Zealand said on Tuesday that it would submit legislation for a digital services tax on large multinational businesses starting in 2025.

It is “profoundly important” for the two greatest economies in the world to maintain a solid economic relationship, according to U.S. Commerce Secretary Gina Raimondo, who launched negotiations with Chinese government representatives on Monday.

Chinese manufacturer of electric vehicles BYD Co Ltd announced on Monday that its subsidiary has agreed to purchase Jabil Inc’s mobility business in China for 15.8 billion yuan ($2.17 billion) from the Singaporean branch of the American manufacturing company.

The smart electric vehicle (EV) division of the world’s largest ride-hailing firm, Didi, will be acquired by the Chinese electric car startup Xpeng (9868. HK), according to the announcement. The two businesses will also establish a strategic alliance.

The Biden administration was sued on Thursday for its choice to withhold land from an upcoming sale of oil and gas leases in the Gulf of Mexico in order to protect an endangered whale. The lawsuit was brought by a trade association for the oil and gas industry, the state of Louisiana, and Chevron.

The Wall Street Journal reported on Friday that Saudi Arabia is exploring a Chinese proposal to build it a nuclear plant, a decision that may thwart American interests in the country.

In defiance of US warnings about the possibility of espionage by Beijing, Chinese telecom giant Huawei announced on Friday that it had renewed a licensing arrangement with Ericsson to utilize each other’s technologies.

According to a Securities and Exchange Commission filing, the Vietnamese internet startup VNG Corp (VNZ.HNO) has applied to conduct an initial public offering (IPO) in the United States through VNG Ltd.

The sale of infrared search and track systems for F-16 fighter jets as well as other equipment to Taiwan may be authorised for $500 million, according to the Pentagon on Wednesday.

The demand for Nvidia’s processors was greatly surpassed by its quarterly revenue prediction on Wednesday, and the company also announced it will repurchase $25 billion worth of stock, sending its shares surging after hours.

According to Goldman Sachs, the pent-up demand for IT services and the effects of using generative artificial intelligence (AI) technology are driving revenue growth for Indian IT industry enterprises. Even

Bullish investors are hopeful that Nvidia’s earnings release on Wednesday can revive the sputtering recent advance in U.S. markets. The S&P 500 has increased by 14% this year, with the

Mom-and-pop bitcoin enthusiasts in America now have access to a brand-new derivatives playground that cryptocurrency specialists believe could revitalize a dormant sector.

Following a similar decision by Moody’s, S&P Global reduced credit ratings and downgraded outlooks for a number of U.S. banks on Monday, warning that funding problems and declining profitability will probably put the sector’s credit strength to the test.

According to three sources with knowledge of the deal’s planning, Politico reported on Friday that U.S. President Joe Biden will sign a strategic partnership agreement with Vietnam during a state

BostonGene enters the scene. This US-based biotechnology firm carries out studies and clinical trials and has created cutting-edge biomedical software to analyze patients for cancer and assist in recommending the best course of therapy.

Bolt Financial Inc., a US-based firm, created its own one-click, lightning-fast checkout software as a result of the shift in the market.

Tyson Foods (TSN.N), a maker of meat and processed foods in the United States, intends to sell its chicken business in China, according to three people with knowledge of the

The second-largest steel producer in the world, ArcelorMittal, is reportedly considering a bid for U.S. Steel Corp., according to three people with knowledge of the situation on Wednesday. In 2020,

The digital health startup Biofourmis was founded by Kuldeep Singh Rajput, Maulik Majmudar, and Mark Niu in response to this global trend.

As the aircraft manufacturer struggles with a lack of American imports into the important aviation market, Boeing (BA.N) named Alvin Liu head of its China branch on Wednesday. Liu is a Chinese-born representative who was recently hired by the auto industry.

With the help of wealthy American investors, pro-business regulations, and an additional impetus from a planned judicial reform at home that has alarmed investors, an increasing number of Tech Startups from Israel are incorporated in the United States.

On Wednesday, investors predicted that China’s central bank would loosen monetary policy further after a surprise rate cut, even if it puts the yuan under pressure. As a result, yield differentials between China and the US extended to their largest level in 16 years.

Biosplice Therapeutics is one such established startup with a global presence. By doing research and creating medications for osteoarthritis, cancer, neurology, and other degenerative conditions, it has grown into the most valuable US-based startup in the world.

The largest independent blockchain node infrastructure, Blockdaemon, enables companies to create, scale, and stake nodes with institutional-grade security and monitoring. The business serves more than 40 cutting-edge blockchain networks on bare metal and in the cloud. To link commercial stakeholders to blockchains, the platform is commonly used by exchanges, custodians, financial institutions, cryptocurrency platforms, and developers.

U.S. Treasury Secretary Janet Yellen stated in prepared remarks for an event in Las Vegas on Monday that the country is working to create robust, diversified clean energy supply chains to safeguard its economic security while avoiding the risks presented by over-concentration in a small number of nations.

Boom Supersonic, an American business, is revolutionizing air travel by building the quickest supersonic aircraft. Let’s delve in to learn everything there is to know about Boom Supersonic, from its beginnings to its future goals.

The pollster and data analytics company YouGov, which is listed on the London Stock Exchange, is considering a US listing, which would be the latest blow to the LSE.

During a visit to the United States that Beijing has denounced, Taiwan’s vice president reassured supporters that the island will not cower or yield in the face of authoritarian threats

After turning down a takeover bid from competing steelmaker Cleveland-Cliffs Inc (CLF.N), United States Steel Corp (X.N) on Sunday formally reviewed its strategic options. U.S. Steel was valued at nearly

Companies frequently lack a thorough understanding of security performance, despite the fact that cybersecurity threats and vulnerabilities continue to grow and adapt. Even many of them struggle to assess how

The U.S. Department of Energy said on Friday that projects in Texas and Louisiana will receive over $1 billion in federal subsidies to remove more than 2 million tonnes of carbon emissions, which is an important step in scaling up direct air capture (DAC) technology.

In order to pay off the debt of local-government financing vehicles (LGFVs) and other off-balance-sheet issuers, China will let local governments raise approximately 1 trillion yuan ($140 billion) through bond sales, according to a Friday report by Bloomberg News.

Chinese authorities lift bans on group tours to the United States, Japan, and other key markets

Avid Technology Inc (AVID.O), a developer of media editing software, will be acquired by private equity company Symphony Technology Group (STG) on Wednesday for approximately $1.4 billion, including debt.

Shares of WeWork (WE.N) were close to zero on Wednesday as the once-favorite startup warned it might file for bankruptcy, a remarkable turn of events for a business that was once valued at $47 billion in the private market.

The assets of trucking company Yellow Corp (YELL.O) have drawn substantial interest and their sale may exceed the $1.4 billion in secured debt held by the business, Fox Business said on Tuesday.

A senior government source told Reuters that the White House would outline its proposals on Wednesday to forbid some US investments in sensitive technology in China and demand that the government be notified of other transactions.

As it starts to disperse the $6.2 billion in funds discovered after a Pentagon accounting error overvalued billions of dollars in Ukraine aid, President Joe Biden’s administration will announce $200 million in additional weapons aid for Ukraine as soon as Tuesday, U.S. officials told Reuters.

On Monday, rating agency Moody’s cut the credit ratings of a number of American banks and issued a warning that it was examining the situation of some of the major lenders in the country.

Foreign investors purchased Asian stocks for the fourth consecutive month in July, a change from the Federal Reserve’s previous tightening cycle, which resulted in significant outflows from riskier assets.

The iPhone manufacturer estimated the entire amount of deposits at around $10 billion in a news release on Wednesday. According to Apple, that money accumulated throughout the roughly 3.5 months that Apple Card customers had the option of opening them.

Sources claim that Arm Ltd. a division of SoftBank Group Corp. that specialises in semiconductors, plans to go public as early as September with a valuation of $60 billion to $70 billion, signalling a bright outlook for chips including artificial intelligence.

The Teamsters Union announced on Sunday that cash-strapped US trucking company Yellow Corp (YELL.O) has suspended operations and is declaring bankruptcy after failing to restructure and refinance more than a billion dollars in debt.

As part of its energy policy, Rishi Sunak’s administration will continue to rely on fossil fuels by issuing hundreds of additional oil and gas licences for the North Sea.

Following scrutiny from New Delhi over its investment proposal, China’s BYD informed its India joint venture partner that it would abandon plans for a new $1 billion investment to produce electric automobiles.

The American chipmaker Advanced Micro Devices announced on Friday that it will spend $400 million in India over the following five years and that Bengaluru will become the site of its largest design facility.

Just as interest rates on an estimated $120 billion in such instruments are ready to reset to much higher levels, investor interest in a type of debt issued largely by banks to increase their capital is beginning to show early signs of recovery.

In an effort to compete with Tesla (TSLA.O) and to benefit from Biden administration subsidies, seven major automakers announced on Wednesday that they were establishing a new company to provide electric vehicle charging in the United States.

The Biden administration is attempting to precisely target U.S. export restrictions to China, according to Gina Raimondo, Secretary of Commerce, but regulations will cost businesses some income.

Regulators in the United States are preparing to draft a rule that will likely dramatically increase the capital requirements for larger banks, requiring them to reduce expenses and hold onto profits in an effort to protect against future losses that would affect clients and investors.

On Wednesday, the Indian rupee may depreciate a little as a result of the rise in U.S. yields due to the potential for a hawkish Federal Reserve decision.

According to research released on Tuesday by an industry group, there will be a shortage of approximately 67,000 workers in the U.S. semiconductor industry by 2030.

Hipla Technologies, a provider of workplace management systems with a significant presence in India, was acquired by UK-based technology company InVentry.

The Sculptor hedge fund will be acquired by Rithm Capital

Taiwanese chip giant TSMC (2330. TW), driven by a boom in demand for artificial intelligence, plans to invest roughly T$90 billion ($2.87 billion) in an advanced packaging facility in northern Taiwan, the company announced on Tuesday.

In order to expand its network of fast chargers eightfold by 2025 and take advantage of the U.S. government’s desire to increase EV adoption, electric vehicle charger operator EVCS is reportedly aiming to fund $125 million.

Elon Musk’s wealth dropped by $20.3 billion on Thursday after Tesla Inc. issued a warning that it could need to keep slashing the price of its electric cars.

Sam Bankman-Fried, the exchange’s founder, and several former executives were sued by FTX Trading on Thursday in an effort to recover more than $1 billion that they are believed to have stolen from the company prior to its bankruptcy.

On Wednesday, U.S. regulators released rules on the types of mergers and acquisitions to which they object, reiterating the cautiousness with which President Joe Biden’s administration has treated numerous transactions, particularly in the technology industry.

During the first half of 2023, the largest US banks spent more than $1 billion on severance payments, highlighting the high cost of winding down Wall Street’s excessive expansion during the coronavirus pandemic.

The US Fed will soon begin offering a long-awaited service that aims to update the nation’s financial infrastructure by eventually enabling regular Americans to send and receive money in seconds, around the clock, seven days a week.

VinFast, a Vietnamese manufacturer, announced on Wednesday that it would begin building a $4 billion electric vehicle factory in North Carolina the next week as part of its effort to increase its presence in the American market.

According to official figures, inflation in the UK dropped more than forecast in June and slowed to 7.9%, which will lessen pressure on the Bank of England to continue hiking interest rates substantially.

US solar contract costs experienced their first quarterly fall in more than three years as difficulties sourcing panel supplies eased and projects enjoyed strong demand associated with President Joe Biden’s historic climate change measure.

Shanghai Biren Intelligent Technology Co., a startup in the Chinese semiconductor industry, is reportedly exploring an IPO in Hong Kong as early as this year in order to cash in on a surge of local customers switching to its AI chips as an alternative to Nvidia Corp. silicon that has been outlawed.

According to Al Jazeera, President Joe Biden’s administration was urged by the US Semiconductor Industry Association to “avoid adding new restrictions on chip sales to China.”

In order to promote cross-border financial transfers, India and Indonesia intend to settle bilateral transactions s in local currencies and connect their quick payment systems, according to a top Indian government official.

According to U.S. Treasury Secretary Janet Yellen, the two countries are collaborating to create an investment platform to cut the cost of capital and boost private investment in order to accelerate India’s energy transition.

The U.S. House of Representatives passed its version of a comprehensive measure establishing policy for the Department of Defense on Friday, but the likelihood that the “must-pass” legislation would actually become law was in doubt since Republicans added many racially conservative amendments.

In Q2 2023, institutional investments in the office sector reached $1.8 billion, the highest level over the previous 10 quarters, indicating continued investor confidence in the sector’s prospects for development and return.

Following a secondary share offering, digital lending platform Yubi, which is about to separate from parent company Vivriti Capital, was valued at $1.5 billion, according to two insiders who spoke to ETtech.

According to insiders, Carlyle Group Inc. and Trustar Capital are attempting to generate $4 billion by selling a portion of McDonald’s Corp.’s operations in Hong Kong and mainland China.

Through expanded cooperation with Microsoft, KPMG aims to invest $2 billion in artificial intelligence and cloud services across its business lines internationally over the next five years, the latest effort by a Big Four accounting firm to double down on the technologies.

As rising interest rates put increasing pressure on consumers throughout the economy, the leading US banks are expected to disclose this week the highest increase in loan losses since the start of the coronavirus outbreak.

With its newest service, TikTok, which currently rules the short-video and social media markets, hopes to challenge Spotify and Apple Music.

In a pre-Series B investment round, Battery Smart has secured $33 million. The startup’s existing backers Tiger Global and Blume Ventures, as well as new investors The Ecosystem Integrity Fund (EIF) and British International Investment (BII), participated in the round.

Tanzania’s Zanzibar will be home to the first Indian Institute of Technology campus to be established outside of India. In the presence of Dr Hussein Ali Mwinyi, President of Zanzibar, and Dr S. Jaishankar, Minister of External Affairs, a Memorandum of Understanding (MoU) for the establishment of an IIT Madras campus in Zanzibar, Tanzania, was signed on Thursday between the Ministry of Education (MoE), IIT Madras, and the Ministry of Education and Vocational Training (MoEVT), Zanzibar, Tanzania.

Despite an overall investment downturn in the startup sector, business-to-business (B2B) software consultant Kaar Technologies raised over $30 million in its most recent funding round, which was headed by A91 Partners.

In 2023, India’s wearables market is predicted to overtake China as the largest in the world, supporting demand for smartwatches and other wearables at a time when North America and China are beginning to show symptoms of saturation due to macroeconomic headwinds.

On Wednesday, Microsoft CEO Satya Nadella said that keeping Activision games exclusive would “make no strategic sense” in response to antitrust worries that a proposed $69 billion merger of the two companies would unjustly consolidate power.

On Wednesday, Apple’s stock reached a record high and was just short of reaching a market capitalization of $3 trillion.

Fast Retailing, the parent company of Uniqlo, is attempting to establish a sizable manufacturing presence in India through 20 “production partners,” according to insiders who spoke to ET.

The impending economic slowdown in advanced nations, particularly the US and Eurozone, is expected to have an adverse effect on micro, small, and medium-sized enterprises (MSMEs), which account for about

To generate $1 billion, the Adani Group’s promoter companies sold a portion of their ownership in their flagship company, Adani Enterprises, as well as in Adani Green Energy.

According to a proposal seen by the Financial Times, the Indian government is putting together a brand-new, multibillion-dollar battery subsidy programme for businesses that produce electricity grid batteries as they work to speed up the country’s switch to sustainable energy.

According to its largest investor, Prosus, food and grocery delivery giant Swiggy’s gross merchandise value (GMV) only increased a little, from $2.3 billion in FY22 to $2.6 billion in FY2023—a gain of just about 13 percent.

A new solar project has been secured in Bangladesh by Amara Raja Infra Private Limited (ARIPL), a company that is a component of the $1.75 billion Amara Raja Group. This project represents ARIPL’s debut in the global solar market and a new turning point for the business.

In intraday trade on Tuesday, shares of InterGlobe Aviation, which operates the largest airline in the nation, IndiGo, rose 3% on the BSE and reached a record high of Rs

Standard Life International DAC (SLIDAC), a division of the Phoenix Group, and Tata Consultancy Services (TCS) declared on June 26 that they will work together to improve the customer experience for policyholders in Europe and the operational model of the latter.

Aston Martin would issue around 28.4 million additional ordinary shares and pay Lucid about $232 million in staged cash payments under the proposed deal, making Lucid a 3.7% shareholder in the automaker.

The board of semiconductor materials manufacturer JSR Corp. will meet on Monday to talk about a potential multi-billion-dollar acquisition by a government-backed fund, which would speed up Japan’s ambitions to bolster its chip industry.

A $454 million contract for the digital transformation of Denmark’s Danske Bank has been won by Infosys, the business announced on June 26. Infosys is the latest IT services company to land a large contract amid a downturn in the industry.

The new opportunity fund of early-stage venture capital company Blume Ventures has made its first closing at Rs 200 crore (about $25 million), or almost half of the total amount it aims to raise by the end of August.

According to a senior corporate official, LTIMindtree intends to invest $40–50 million in artificial intelligence (AI) capabilities and services during the current fiscal year in order to establish a consistent revenue stream from the rapidly developing technology.

The first closing of the Avaana Climate and Sustainability Fund has commitments totaling $70 million, according to a statement released by the venture capital firm Avaana Capital on Wednesday.

The Reserve Bank of India (RBI) has given Reliance Industries, the largest firm in the nation by market value, permission to keep $2 billion in addition to the $3 billion it raised in the previous fiscal year under the largest syndicated credit facility in years.

According to industry figures, India’s iPhone exports reached a record high of Rs 10,000 crore in May, driving up the country’s outbound shipments of smartphones to Rs 12,000 crore for the month.

According to a report in The Economic Times (ET), industrialist Sajjan Jindal intends to acquire stock in MG Motor India. The Chinese automaker SAIC Motor owns 100% of the subsidiary MG Motor India. According to the article, the joint venture will not have any impact on the listed companies of the Jindal group: JSW Steel and JSW Energy.

Indifi Technologies, an Indian startup that provides digital lending to small and medium-sized enterprises, has raised $35 million in a new funding round that was spearheaded by ICICI Venture, the investment arm of ICICI Bank.

Toyota Motor stated it would implement high-performance, solid-state batteries as well as other technologies to increase the efficiency and performance of its electric vehicles while lowering their price.

The Japanese automaker Toyota Motor declared that it plans to introduce next-generation batteries starting in 2026, hoping to win over buyers with cars that have greater driving ranges and faster charging periods.

According to a statement from the Saudi state news agency, the Saudi Arabian government has agreed to a $5.6 billion partnership with Chinese electric vehicle manufacturer Human Horizons to work together on the design, production, and marketing of automobiles.

Toyota, a Japanese automaker, announced on Thursday that it would increase its investment in a facility in the state of Guanajuato, central Mexico, by $328 million as it tries to modify its manufacturing procedures for a new hybrid version of its Tacoma pickup vehicle.

Zen Technologies surges 10% after winning an order worth Rs 202 crore from Defence Ministry

In their most recent annual study on the industry, global management consulting and strategic advisory firm Zinnov and venture capital firm Chiratae Ventures reduced the 2026 revenue forecasts of Indian software-as-a-service or SaaS startups from $100 billion to $26 billion.

According to research by Brand Finance, the multi-industry conglomerate Tata Group, which produces everything from salt to software, has maintained its title as India’s most valuable brand and has surpassed the $25 billion threshold. The worldwide brand value consultancy performs this task each year. Infosys, a significant player in the IT industry, is still in second place.

On Monday, the Swiss international investment bank UBS announced that it would purchase Credit Suisse “as soon as June 12.” Following a government-backed rescue earlier this year, this takeover would result in a massive balance sheet of $1.6 trillion.

According to a report by Avendus Capital, India’s data centers are predicted to take the lead in the upcoming wave of real estate investments by expanding at a CAGR of

After receiving appeals for assistance from the leaders of some of the nation’s top companies, the U.K. said on Friday that it would provide up to £1 billion ($1.24 billion)

According to the first-ever hospitality study published by real estate consulting firm CBRE South Asia, Indian hospitality investments are probably going to reach $2.3 billion over the next two to

Suzlon Group, the top supplier of renewable energy solutions in India, revealed on Wednesday that Vibrant Energy had placed an order for 33 wind turbine generators, including its new 3

According to research, India has the potential to generate up to 35 million green jobs by 2047 in both established and developing industries like renewable energy, waste management, electric vehicles,

By 2025, a global marketplace for soil carbon, developed by an entrepreneur from Karnataka Boomitra, would provide USD 200 million in carbon finance to farmers and ranchers in developing nations

In its second seed-stage fundraising round, Northstar Ventures, a private equity firm supported by TPG Capital, raised $4.25 million for Locofy.ai, a front-end development acceleration platform that employs artificial intelligence

TagZ Foods, a business selling snacks, is situated in Bengaluru. It has raised $2 million in a pre-Series A round of funding led by 9 Unicorns, Dexter Angels, Agility Ventures,

The Vision Fund unit of Japan’s SoftBank Group Corp. revealed a quarterly investment loss as a result of falling tech valuations, resulting in an annual net loss of 970 billion

With this action, compliance will be further enhanced and revenue collection holes will be filled. At the moment, issuing electronic invoices or e-invoices is necessary if a company’s yearly revenue

In order to grow sustainably in India and expand its activities, MG Motor has unveiled a new five-year business roadmap. The British automaker intends to do this over the following

Leading Indian electric equipment manufacturer HPL Electric and Power Ltd. (HPL) declared today that it has received smart meter orders worth INR 204 crore from clients with a presence across

As a part of its strategy to take advantage of the expanding venture debt market in India, Stride Ventures has announced the first closing of its third fund at a

India, which currently has the fifth-largest economy in the world and is expected to grow to a $5.4 trillion economy in the coming years, will become the third-largest economy in

In the most recent fiscal year, sales of cars for the fleet street, including those to app-based taxi aggregators like Ola and Uber, nearly quadrupled. This year, sales are anticipated

According to insiders, a deal to buy a minority position in the dairy products company Milky Mist, based in Tamil Nadu, is about to be finalized by India-focused investment vehicle

In the midst of one of the worst fundraising winters in recent memory for the third-largest start-up ecosystem in the world, domestic venture capital (VC) firm 3one4 Capital completed its

According to individuals familiar with the situation, Alibaba logistics arm intends to raise up to $2 billion through an HK offering early in the next year, raising expectations for a

According to two sources with firsthand knowledge of the situation, Singapore’s Temasek Holdings is exploring a $100 million investment in Indian jewellery maker BlueStone for a 20% interest. One of

The founder and CEO of the fintech company, Vijay Shekhar Sharma, announced on May 6 that, Paytm plans to use generative AI for fraud detection, customer service, and onboarding, customer

CEO Tim Cook announces record revenue for Apple’s March quarter in India, he added that the country is at a turning point with many people leaving the middle class and

According to a report, 163 Indian companies invested USD 40 billion in the US so far, which has led to the creation of close to 425,000 jobs in the nation.

The electric ride-hailing startup from India, BluSmart raises $42 million as it ramps up its conflict with the two market leaders, Ola Cabs and Uber Technologies Inc. BP Ventures, the

Russia continued to be India’s biggest crude supplier in April. India’s oil imports from Russia are expected to peak in May, increasing its market share to 36%, but a gradual

According to Bain and Company’s Future of India Retail Payments report, which was released on Thursday, merchant payments over the Unified Payments Interface are anticipated to expand by 40 to

Together, a tech-first insurance company ACKO, and Lohum, a top manufacturer of materials for the transition to sustainable energy, are working to recycle and repurpose batteries. This cooperation for EV

Orios Venture Partners led a $4 million pre-series A round of funding for the content commerce platform Hypd. Image@credit The Economic Times According to a release, the round also included

The development of a 69.3 MW wind power plant for Juniper Green Energy Private Limited was announced by Suzlon Group as the second order in the 3 MW product series.

According to the International Air Transport Association’s (IATA) most recent market study report, The Indian aviation market is emerging as a key market and India is quickly becoming a significant

Khazanah Nasional, the national wealth fund of Malaysia, purchased a 3% interest in the logistics company Xpressbees, which specializes in e-commerce, for $40 million through a secondary share sale, according

By 2024, 1 lakh electric scooters will be used by the online food delivery service Zomato, according to a statement from Zypp Electric on Tuesday. According to the business, the

A division of the Serum Institute of India, the largest manufacturer of vaccines worldwide, is the Serum Institute of Life Sciences. According to the revised partnership agreement, it would contribute

Tuesday will mark the beginning of India’s first water metro, which will use hybrid-powered boats to connect 10 small islands near Kochi. Commuters and tourists will benefit from the Rs

The study-abroad platform Adventum Student Living (ASL), which owns the UniAcco, UniCreds, and UniScholars brands, announced on Monday that it had secured $5 million in a bridge equity transaction, led

The wholesale, distribution, and finance platform, which largely serves the food and agro-industries, announced that it is putting money into a digital platform to improve the effectiveness of supply chains

The last few years have seen a global upsurge in artificial intelligence (AI). Despite being around for a while, it has only recently started to be everywhere. Moreover, a variety

Rohit Sharma, the leader of the Mumbai Indians in the Indian Premier League (IPL), as well as the skipper of the Indian cricket team, has chosen to switch his allegiance

The “big four” accounting firms—Deloitte, EY (Ernst & Young), KPMG, and PwC (PricewaterhouseCoopers)—maintain a sizable presence in India, and this presence is anticipated to expand in the future as a

Foxconn intends to add two new sites close to Chennai iPhone manufacturing complex in India. Additionally, the producer of the Apple iPhone is rumored to be developing a research and

On the strength of a recovering economy, The Financial Express (FE) projected that the Indian hotel industry is poised to have one of its finest years this fiscal. A 10

BluSmart, an Indian ride-hailing firm, is attempting to compete with Uber and Ola for market share in the nation by placing investments in an all-electric taxi fleet and making an

Beyond big metropolises like Delhi, Mumbai, and Bengaluru, the popularity of electric vehicles (EVs) is increasing. EVs are becoming more popular in non-metropolitan cities as they aim to appeal to

Reliance-owned JioCinema, the official digital streaming partner of the cash-rich Indian Premier League, might soon start charging you for its material, departing from tycoon Mukesh Ambani’s plan to provide free

FirstCry, an omnichannel retailer, is in talks with a number of sovereign funds to help some of its shareholders sell shares at a price of about $3 billion, according to

Pi Ventures, an early-stage venture capital firm, announced on Wednesday that the Small Industries Development Bank of India’s (Sidbi) equity plan, Fund of Funds for Startups, has committed Rs 100

In FY23, Apple’s iPhone exports from India increased by over four times year over year to reach $5 billion (more than Rs 40,000 crore), as the Cupertino-based company’s suppliers increased

The Mobile Premier League (MPL), an esports and online gaming unicorn based in Bengaluru, launched Mayhem Studios last year. Mayhem Studios has raised $20 million in a Series A round

Reliance Consumer Products (RCPL) and major Chennai-based Bovonto soft drink manufacturer Kali Aerated Water Works are in advanced negotiations for a production and distribution cooperation to produce and market Reliance’s

In comparison to its full-year forecast, Godrej Properties’ bookings for FY 2022–23 increased by 56% to INR 12,232 crore ($1.6 billion), or 22% more. Sales volumes increased by 19% sequentially

According to a private survey released on Wednesday, the growth of India’s dominant services sector decreased to 57.8 in March from a 12-year high of 59.4 in February as new

Amul, the cooperative that manages the nation’s largest dairy industry and the former managing director of Gujarat Cooperative Milk Marketing Federation (GCMMF) Sodhi, has joined Reliance Retail Ventures Limited, a

An initial investment of Rs 100 crore and a final corpus of Rs 200 crore are planned for the new fund, which was approved by Sebi. From Specialised Invest’s portfolio

Paytm, a leading provider of financial services and payments, announced on Wednesday that it has reached a new milestone in offline payments with the deployment of 6.8 million devices. Consumer

A venture growth investor named Iron Pillar has completed the successful closing of a $129 million Series B and C stage fund aimed at funding Indian-based global cloud software startups.

Hero Realty and Saheb Enterprise are constructing a project in Gurugram for Rs 2,000 crore. In order to jointly build a 2 million square foot mixed-use project in Gurugram with

The edtech company Byju’s recently raises $700 million via two separate equity and convertible note deals at a valuation of $22 billion. Two West Asian sovereign wealth funds and sizable

The Asian Development Bank (ADB) stated in a research release on Tuesday that China’s recovery from the epidemic and strong demand in India will propel strong economic development in Asia

Viacom18-owned The IPL 2023 official streamer, JioCinema, had a record-breaking opening weekend, racking up 147 crore video views over the course of three days. According to the site, this is

On Monday, SpiceJet Ltd announced that, as of April 1, it has divided its SpiceXpress cargo and logistics operations into a distinct company called SpiceXpress and Logistics Pvt Ltd. SpiceJet

According to a private business poll, although employers cut positions for the first time in more than a year, India’s manufacturing sector expanded at its fastest rate in three months

Tesla Inc. reported record quarterly vehicle deliveries on Sunday, but despite price reductions brought on by increased competition and a gloomy economic outlook, quarter-over-quarter sales growth was modest. Tesla increased

During the past few months, AI-enabled ChatGPT has been making headlines. It seems like everyone is talking about it: it attracted 1 million users in just five days, marking a

According to the most recent public debt management report, the government liabilities rose by 2.6 percent during Q3 FY23 to Rs 150.95 lakh crore in the quarter ending in December

On Thursday, Siti Networks, a subsidiary of the Essel Group, said that Zee Entertainment Enterprises Ltd. (ZEEL) had reached a one-time payment arrangement with Standard Chartered Bank for the debt

On March 31, 2023, in New Delhi, the New Foreign Trade Policy 2023–2028 was revealed by the Union Minister of Commerce, Industry, and Textiles Piyush Goyal. Santosh Kumar Sarangi, director

PhonePe, a renowned finance firm that offers EMI financing options to online buyers and is supported by Walmart, has opted to abandon its acquisition intentions for ZestMoney. The sudden action

In order to advance renewable energy, Sri Lanka will sign a memorandum of understanding (MoU) with India. The island nation wants to meet 70% of its electricity needs from renewable

About two months after co-founders of Sequoia-backed GoMechanic acknowledged to investors that they had fabricated financial data, a consortium led by auto component manufacturer Lifetime Group said on Wednesday that

ABB India will offer automation and control solutions for the 130 km-long Indo-Bangla Friendship Pipeline (IBFPL), which transports diesel from India to Bangladesh. It will be possible to remotely monitor

The Microsoft Power Platform line of business is thrilled to announce a strategic alliance with QualityKiosk Technologies, one of the largest independent digital quality assurance experts and a pioneer in

According to information cited by the news agency PTI, the Employees Provident Fund Organisation (EPFO) has set the interest rate for the fiscal year 2022–2023 at 8.15%. If the predicted

Indian insurers gain clout in the $1 trillion bond market is undergoing a significant change as a result of its population’s increasing affluence. Their savings, which are routed through life

As India’s civil aviation minister told Reuters that the “moment has come” to meet the country’s surging demand for jets built domestically, the world’s two largest aircraft manufacturers are under

Co-founder of BharatPe Ashneer Grover and a former Shank Tank judge, have announced the release of his new app, CrickPe, only one week before the start of the new Indian

In Varanasi on Friday, Prime Minister Narendra Modi will lay the cornerstone for the third public transportation ropeway in the world and the first in India. In addition, he will

As the world transitions to a more sustainable future, As growth paths diverge, India’s oil needs will surpass China. This will result in a change in the demand for oil.

Anil Agarwal, the owner of Vedanta, is considering selling a part in the mining giant as a last resort, according to a report from the news agency Bloomberg on Thursday.

A newly created last-mile mobility Mahindra’s new last-mile EV firm will get investment from the International Financial Corporation (IFC), a member of the World Bank Group, in the amount of

According to figures from the industry’s trade group, the Society of Indian Automobile Manufacturers, sales of diesel cars in the passenger car class, which includes hatchbacks and sedans, are now

Milk basket’s cofounder Anant Goel raised $5 million in seed funding as part of the business’s ongoing initial fundraising round. Sorted is a supply chain startup for fresh fruits and

A fresh round of fundraising plan has been launched in anticipation of Ola Electric’s nearing break-even point and profitability. According to those close to the company, the funds will be

India’s smartphones export surpassed $2 billion (about Rs 16,500 crore) in the first two months of 2023, led primarily by Apple and Samsung, bringing the total export value to over

According to aviation consultancy CAPA India, Indian airlines are expected to have a combined loss of USD 1.6 to 1.8 billion in the upcoming fiscal year. The full-service carriers are

During the next two years, India will invest approximately 980 billion rupees ($12 billion) in airport construction as pressure mounts on the country’s aging infrastructure from airline orders for hundreds

One of India’s biggest financial platforms, PhonePe, stated today that Walmart has provided an extra $200 million in primary funding, valuing the company at $12 billion before the money was

To advertise Airtel 5G Plus, the brand name under which it provides 5G services, Bharti Airtel has started a multi-media campaign. The campaign, which is primarily digital, television, and out-of-home,

The financial services company Stripe, which processes payments, raised $6.5 billion on Wednesday in a capital round supported by both current and new investors. The company was valued at a

A factory in India will be built to manufacture Apple’s AirPods by Taiwanese contract manufacturer Foxconn, two people with direct knowledge of the matter told Reuters. The agreement highlights Foxconn’s

The major corporations in South Korea, including Samsung Electronics Co., will join a government initiative to invest $422 billion by 2026 in industries including chips and electric vehicles, marking the

HealthPlix Technologies, with its headquarters in Bangalore, has secured $22 million in a Series C fundraising round that was co-led by Avataar Venture Partners and SIG Venture Capital. Lightspeed Venture

Ayurvedic female-tech business Gynoveda on Wednesday announced it has secured $10 million in a Series A round of investment sponsored by India Alternatives Fund. Wipro Enterprises, RPG Ventures, Dharampal Satyapal,

Jaguar Land Rover, a premium brand owned by the Tata Group, is collaborating with Tata Technologies, a leading provider of engineering, product development, and digital services, to further its industrial

Vedanta Resources’ founder, Anil Agarwal, has used Twitter to stress the significance of increasing domestic exploration and production in India. He said that such an increase would result in more

According to three government officials engaged in policymaking and two banking sources, India has requested banks and merchants refrain from using Chinese yuan to pay for Russian goods due to

The battery manufacturer PowerCo of the European carmaker Volkswagen has announced plans to build its first “gigafactory” for manufacturing battery cells outside of Europe in St. Thomas, southwest Ontario. The

At a “fruitful meeting” with Nokia President and CEO Pekka Lundmark, Prime Minister Narendra Modi addressed next-generation digital infrastructure. In a tweet, the prime minister acknowledged the change. A productive

Welspun One Logistics Parks (WOLP), an integrated fund and development management platform with a focus on industrial and warehousing real estate, announced the formation of its second fund, with a

To develop a second car plant in India, Hyundai Motor India Ltd is thinking about buying the Talegaon facility in Maharashtra’s General Motors, along with some of its assets, including

In the third-largest failure in US banking history, New York-based Signature Bank was shut down by state regulators on Sunday, only two days after Silicon Valley Bank was shut down

An MOU on semiconductors and certain statements about the US-India Strategic Trade Dialogue marked the conclusion of the recent visit to India by US Secretary of Commerce Gina Raimondo. In

According to staffing business TeamLease Services, with Apple’s increased focus on India, the corporation is anticipated to be a major driver of job growth in FY24 with 120,000 new positions.

According to a Friday regulatory filing, investors and depositors attempted to withdraw $42 billion from Silicon Valley Bank on Thursday in one of the largest US banks runs in more

EV manufacturing in India will increase India’s dependence on China for raw materials, mineral processing, and battery production, according to a GTRI report. According to the Global Trade Research Initiative,

Rajiv Jain, the founder of GQG Partners Inc., will meet with customers and investors this week in Australia, the company announced in a statement on Tuesday and will discuss its

India’s housing market will stay robust despite rising interest rates and a gloomy prognosis for the global economy, according to a Reuters survey of property specialists, who have scarcely revised

According to Prime Minister Narendra Modi, India’s pharmaceutical industry has the potential to grow to a $10 trillion market with the right private-university collaboration. Around $4 trillion is the current

Indian Railways (IR) broke the record for the greatest February monthly freight loading in 2023, loading 124.03 million metric tonnes (MT) of freight. The incremental loading for February was 4.26

According to a senior official, the civil aviation ministry has given the nation’s largest airline, IndiGo, permission to wet lease up to two aircraft in order to operate flights to

According to a report published on Thursday, salaries in India are predicted to increase by 10% in 2023. Salary growth in India reached 9.8% in 2022. In the forthcoming year,

Reliance Industries Ltd. and Tata Power Co., two manufacturers of solar modules, are among the companies that have submitted bids for the 195 billion rupees ($2.4 billion) in financial incentives

Shivamogga Airport in Karnataka will be inaugurated by Prime Minister Narendra Modi today. In addition to this, the prime minister will dedicate a number of additional construction initiatives in the

The Adani Group, which is headed by billionaire Gautam Adani and exports coal from the Carmichael mine, intends to raise up to $400 million in debt against a significant Australian

The Delhi government’s proposal to restrict bike taxis by permitting only electric cars raised concerns for Uber, which expressed those concerns on Friday. The corporation said in a blog post

According to Piyush Shah, cofounder of the InMobi Group and president and COO of Glance, the Indian social media company, which is supported by Google and Reliance Jio, plans to

On Wednesday, Tata Steel disclosed that it had purchased Rs 300 crore worth of shares in Neelachal Ispat Nigam Ltd., a firm that is an indirect subsidiary of the company.

For the first 10 months of the fiscal year that started in April 2022, government statistics gathered by Reuters indicated that India’s imports of Russian steel increased to an eight-year

To facilitate quicker and more affordable cross-border remittance transfers, the Unified Payments Interface (UPI) of India and PayNow of Singapore will be connected. On February 21, cross-border connectivity would essentially

Major consumer goods producer Dabur India Ltd., which is owned by the billionaire Burman family, is looking to expand abroad amid fierce domestic competition. To do so, it is looking

Since announcing a restructuring of their car-making alliance last week, Renault SA and Nissan Motor Co. have unveiled their first collaborative project. According to a joint statement released by the

The Indore Municipal Corporation (IMC) launched a first-of-its-kind initiative in India by raising Rs 661.52 crore on the first day of a public offering of green bonds to fund the

On Sunday, Prime Minister Narendra Modi will officially open the 246-kilometer Delhi-Dausa-Lalsot portion of the Delhi-Mumbai Expressway. The new segment is expected to cut the trip from the capital city

In an effort to rebuild itself under its new owners, Air India has signed a massive deal for roughly 500 new jets valued at more than $100 billion at list

The percentage of 5G smartphones shipped in India grew to 31% in 2022, with 5G shipments jumping 74% (year over year), according to research released on Tuesday. In 2022, the

Adani-Hindenburg: A senior Standard Chartered banker stated that the lender has fairly little exposure to these instruments and that such precautions are taken to protect the bank and the clients.

Paytm, a pioneer in Indian fintech announced Douglas Feagin’s departure from its Board of Directors in an exchange filing. Feagin is the senior vice president of the Ant Group and

The Galaxy S23 will be manufactured in India to satisfy the demands of the native market, according to a Thursday announcement by Samsung, a manufacturer of high-end mobile devices. The

About 150 workers of Pinterest Inc. will be let go as part of the company’s cost-cutting efforts. This comes at a difficult moment for an industry that has grown quickly

The Vande Metro will soon begin operating on the same lines as the Vande Bharat trains that are now running throughout the nation, according to Indian Railways. Following the introduction

The nation would invest Rs 35,000 crore in the transition to greener energy, the finance minister Nirmala Sitharaman declared on Wednesday. “Rs 35,000 core in priority capital investment on energy

Income Tax Rates and Slabs: The maximum tax rate, 30%, would be applied to income beyond Rs 15 lakh under the new tax system. The new income tax slabs under

According to Finance Minister Nirmala Sithraman, the Center would increase the capital expenditure (capex) spending for 2023–24 by 33% to Rs 10 trillion. She also mentioned in her address on

An Agriculture Accelerator Fund will be established to support agri-startups by young entrepreneurs, according to an announcement made by Finance Minister Nirmala Sitharaman on Wednesday during her budget address. The

According to a Tuesday update from the Securities and Exchange Board of India (Sebi), the two businesses, that submitted their preliminary IPO papers to Sebi in August and September 2022,

The greatest drop in the stock price of Alibaba Group Holding Ltd. in the past three months highlights investor worry that China’s consumer rebound may fall short of high expectations.

Several of Indira IVF’s major owners are considering selling their stakes in the Indian in-vitro fertilization clinic operator in a deal that could value the business at around $1 billion,

The downturn in consumer spending brought on by rising prices and interest rates, as well as geopolitical concerns last year, has particularly hurt mobile device manufacturers. The largest smartphone manufacturer

The International Monetary Fund (IMF) forecasted that India and China would account for half of the global economic growth in 2023 and that the third-largest economy in Asia will continue

The business anticipates that this currency service, which now has an annualized run rate of Rs 350 crore, would scale up by 3–4 times in the upcoming fiscal year. On

Under the direction of Dr. Himanshu Gadgil, CEO of Enzene Biosciences Ltd., Enzene claimed to have assembled a 400-person team with a wealth of experience. Alkem Laboratories Ltd. subsidiary Enzene

To capitalize on the increasing demand for high-end flats, real estate giant DLF Ltd intends to unveil a luxury housing project in Gurugram next month with an estimated sales revenue

According to Union Commerce Minister Piyush Goyal, Apple Inc. wants India to produce up to 25% of its products instead of just 5% to 7% as it does currently. According

In the fiscal year ending in March 2024, the Indian government will borrow a record 16 trillion rupees ($198 billion), according to a survey of experts, who believe that infrastructure

In the aftermath of FTX’s unexpected demise, bitcoin lender Genesis Global Capital filed for bankruptcy, becoming the most recent business to fall. In the Southern District of New York, the

The investment, according to PhonePe, is the first installment of a $1 billion capital round. Financial and payment services unicorn The Walmart-backed business PhonePe has secured $350 million in a

The Tata Group, led by N Chandrasekaran, will soon make a new initial public offering (IPO). The most recent reports state that the group has started the process of listing

On Tuesday, as attitude shifted cautiously due to worries about another year of excessive borrowing, government bond rates closed modestly higher for the third session in a row. After ending

According to rumors in the media on Tuesday, Microsoft Corp. plans to remove thousands of employees, some of which are believed to be in the engineering and human resources departments.

In 2023, there will be an average of more than 1,600 layoffs of IT workers worldwide, including in India. The pace of these firings has accelerated due to concerns about

In December 2022, India’s exports decreased by almost 12% to $34.5 billion, while its imports decreased by 3% to $58.2 billion, leading to an increase in the trade imbalance. Sunil

A solid increase in core income helped HDFC Bank post on Saturday a 19.9% increase in net profit for the third quarter that ended in December 2022 at Rs 12,698