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Home > Articles
Automakers Set to Invest £10 Billion to Boost EV Manufacturing Capacity-thumnail

Automakers Set to Invest £10 Billion to Boost EV Manufacturing Capacity

The Indian automobile industry is gearing up for a significant shift towards electric vehicles (EVs) as companies and the government focus on capital expenditure to support the growth of this

Automotive

May 23, 2023

“Renowned Industrialist and Educationalist Karumuttu T Kannan Passes Away, Leaving a Legacy of Excellence”-thumnail

“Renowned Industrialist and Educationalist Karumuttu T Kannan Passes Away, Leaving a Legacy of Excellence”

Veteran industrialist Karumuttu T Kannan, aged 70, passed away on Tuesday morning in Madurai, leaving behind a legacy of remarkable achievements. Renowned as a prominent board member of TVS Motor

News

May 23, 2023

To avoid financial isolation on the world stage, Russia urges India to assist-thumnail

To avoid financial isolation on the world stage, Russia urges India to assist

Ukraine is calling for the Financial Action Task Force to impose more limitations by putting Moscow to its “black list” or “grey list” after the group barred Russia from membership

Finance

May 23, 2023

TCS and Jaguar Land Rover partner to launch an open innovation program in Israel-thumnail

TCS and Jaguar Land Rover partner to launch an open innovation program in Israel

The launch of Jaguar Land Rover’s Open Innovation Programme was announced by Tata Consultancy Services (TCS) and JLR in Tel Aviv. As part of JLR’s Reimagine strategy, the project will

Automotive

May 23, 2023

As growth slows, India’s edtech soonicorns are losing touch with their valuations-thumnail

As growth slows, India’s edtech soonicorns are losing touch with their valuations

Most of India’s edtech unicorns’ valuations seem to be off as they prepare for slower growth after raising capital at extremely high revenue multiples until the first half of 2022.

Investment & Funding

May 23, 2023

Vivriti Asset Management seeks $250 million to launch India ABS Private Debt Fund-thumnail

Vivriti Asset Management seeks $250 million to launch India ABS Private Debt Fund

A new fund for investing in small and medium-sized businesses has been developed by Vivriti Asset Management Private. It is referred to by the company as the first debt fund

Finance

May 23, 2023

Go First’s bankruptcy is upheld by NCLAT, and lessors are urged to switch to NCLT-thumnail

Go First’s bankruptcy is upheld by NCLAT, and lessors are urged to switch to NCLT

The appeals panel had scheduled a decision on the aircraft lessors’ argument on May 15. On May 10, Go First’s voluntary request to start an insolvency resolution procedure was accepted

Finance

May 22, 2023

ONGC, Oil India in talks for half stake in $3.4 bn Kenya oilfield-thumnail

ONGC, Oil India in talks for half stake in $3.4 bn Kenya oilfield

New Delhi, India’s leader abroad oil firm ONGC Videsh has another accomplice in Oil India Ltd to supplant a hesitant IndianOil (IOC) for the possible securing of a 50 percent

News

May 22, 2023

Ryanair Beats, M&S at Buyers’ Impulse: EMEA Income Week Ahead-thumnail

Ryanair Beats, M&S at Buyers’ Impulse: EMEA Income Week Ahead

From minimal expense aircraft Ryanair Possessions Plc to dress and natural pecking order Imprints and Spencer Gathering Plc, income this week will uncover more about the well-being of the shopper

News

May 22, 2023

NatWest Moves Closer to Private Ownership with £1.3 Billion Share Buyback-thumnail

NatWest Moves Closer to Private Ownership with £1.3 Billion Share Buyback

British state-backed bank NatWest has taken a significant step towards full private ownership by agreeing to repurchase £1.3 billion ($1.6 billion) worth of its shares from the government. This move

Finance

May 22, 2023

Nvidia encroaches on Intel, AMD territory in supercomputers-thumnail

Nvidia encroaches on Intel, AMD territory in supercomputers

Nvidia Corporation has recently collaborated with the University of Bristol in the United Kingdom to develop a cutting-edge supercomputer, utilizing a new Nvidia chip that aims to rival industry giants

Manufacturing

May 22, 2023

General Atlantic invests an extra $100 million in PhonePe-thumnail

General Atlantic invests an extra $100 million in PhonePe

The fresh financial injection has pushed PhonePe’s raised cash to a total of $850 million in the current round.  PhonePe is built on the UPI (Unified Payment Interface) platform, which

Investment & Funding

May 22, 2023


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