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Home > Articles
A Technological start-up Wiom raises Rs 140 crore to make unlimited internet available to everyone-thumnail

A Technological start-up Wiom raises Rs 140 crore to make unlimited internet available to everyone

Wiom, a homegrown tech startup focusing on democratizing internet access in India, announced a Rs 140 crore Series A financing on Thursday.

Investment & Funding

Jul 28, 2023

JSR Corp Announces $6.4 Billion Sale to Government-Backed Fund for Strategic Shift in Chip Materials Sector-thumnail

JSR Corp Announces $6.4 Billion Sale to Government-Backed Fund for Strategic Shift in Chip Materials Sector

In a striking move, JSR Corp (4185.T), a prominent manufacturer of photoresists crucial for chip fabrication, has astounded the industry with a momentous $6.4 billion agreement to go private, orchestrated by Japan Investment Corp, overseen by the trade ministry.

Business

Jul 28, 2023

U.S. Silicon Power Group to Invest $121.73 Million in Odisha-thumnail

U.S. Silicon Power Group to Invest $121.73 Million in Odisha

Silicon Power Group, a company plans to invest 10 billion rupees in the construction of a facility, in Odisha, India. The facility will produce silicon carbide for semiconductor components.

Business

Jul 28, 2023

China Evergrande Group’s Winding-Up Petition Hearing Adjourned to October 30-thumnail

China Evergrande Group’s Winding-Up Petition Hearing Adjourned to October 30

China Evergrande Group, a momentous property developer in the vast expanse of China, currently finds itself entangled in a daunting winding-up petition initiated by Top Shine Global Ltd in the vibrant city of Hong Kong.

News

Jul 28, 2023

Indonesia to Impose Limits on Sales of Imported Goods Under $100 to Safeguard Local Businesses-thumnail

Indonesia to Impose Limits on Sales of Imported Goods Under $100 to Safeguard Local Businesses

Indonesia to Impose a regulation to safeguard the interests of small and medium enterprises by placing restrictions, on online sales of imported goods valued below $100. This measure will be applicable to both marketplaces and retailers operating on social media platforms. As the country’s e-commerce industry flourished, reaching a value of $59 billion in the year authorities are now working collaboratively to enforce these rules and anticipate potential effects, on the sector.

Business

Jul 28, 2023

Capgemini will invest 2 billion euros in artificial intelligence as a result of greater half-year sales-thumnail

Capgemini will invest 2 billion euros in artificial intelligence as a result of greater half-year sales

Capgemini, a French IT consulting firm, reported stronger half-year revenue on Friday, driven by its cloud, data, and artificial intelligence (AI) activities, and announced it will invest 2 billion euros ($2.19 billion) in AI over three years.

Artificial Intelligence

Jul 28, 2023

BPEA EQT to Acquire 60% Stake in India’s Leading Fertility Clinic, Indira IVF-thumnail

BPEA EQT to Acquire 60% Stake in India’s Leading Fertility Clinic, Indira IVF

BPEA EQT, a known equity fund, with a focus on Asia, has recently agreed to purchase a significant 60% share in Indira IVF. Indira IVF is India’s leading provider of fertility services. Is considered a leader in IVF cycles. This acquisition values the company at $1.1 billion representing an investment, in the expanding Indian IVF industry.

News

Jul 28, 2023

Nirma to raise Rs 7,000 Crore for Acquisitions; Glenmark Life Sciences is Shortlisted Target-thumnail

Nirma to raise Rs 7,000 Crore for Acquisitions; Glenmark Life Sciences is Shortlisted Target

Nirma, a manufacturer of soap and detergent products is looking to secure funding of, up to Rs 7,000 crore. This capital infusion will be utilized for expanding its manufacturing facilities and exploring acquisition opportunities. Glenmark Life Sciences has been identified as one of the companies being considered for bids. The objective, behind this move, is to broaden Nirma’s business portfolio by venturing into the healthcare sector. This decision is supported by Nirma’s performance and strong cash flow generation.

Business

Jul 28, 2023

“Luxury Giant Kering to Acquire 30% Stake in Valentino Amidst Gucci’s Struggles”-thumnail

“Luxury Giant Kering to Acquire 30% Stake in Valentino Amidst Gucci’s Struggles”

Luxury giant Kering is making a move by acquiring a 30 percent stake, in Valentino, the renowned Italian luxury fashion brand.

News

Jul 28, 2023

The U.S. chipmaker AMD plans to make $400 million in investments in India by 2028-thumnail

The U.S. chipmaker AMD plans to make $400 million in investments in India by 2028

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.

Investment & Funding

Jul 28, 2023

Your one stop to know about Content Licensing-thumnail

Your one stop to know about Content Licensing

The world today is being run by content and our eyes always look for attention to details. The basic understanding of content licensing involves companies republishing an already published material

Education

Jul 28, 2023

Preferred capital issuance by US banks makes a tentative comeback-thumnail

Preferred capital issuance by US banks makes a tentative comeback

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.

Finance

Jul 28, 2023


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