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Nodwin Gaming, Owned by Nazara, has Acquired Comic Con India-thumnail

Nodwin Gaming, Owned by Nazara, has Acquired Comic Con India

Comic Con India’s founders, Jatin Varma and Karan Kalra, will sell their shares to Nodwin Gaming for ₹55 crore through a cash and share swap transaction. Nodwin Gaming, a gaming

Business

Jan 24, 2024

Softbank Sells an Additional 2% of Its Paytm Shares in Less Than a Month After Cutting Its Ownership.-thumnail

Softbank Sells an Additional 2% of Its Paytm Shares in Less Than a Month After Cutting Its Ownership.

SoftBank’s SVF India Holdings has reduced its ownership of Paytm to 5.01% by selling an additional 2% of the firm through open market transactions. The parent company of the digital

Business

Jan 24, 2024

EDTECH SCALER Appoints Tapan Jindal as its Chief Financial Officer-thumnail

EDTECH SCALER Appoints Tapan Jindal as its Chief Financial Officer

Scaler, a tech upskilling startup, has engaged Tapan Jindal as chief financial officer of InterviewBit and Scaler.   Tapan’s new post will include overall responsibility for the organization’s financial health and

Business

Jan 24, 2024

The DGCA Fined Air India ₹1.1 Crore for Safety Infractions-thumnail

The DGCA Fined Air India ₹1.1 Crore for Safety Infractions

The Indian civil aviation regulator Directorate General of Civil Aviation fined Air India ₹1.1 million for safety breaches on select flights. The airline was penalized for failing to comply with

Business

Jan 24, 2024

E-Commerce Giant eBay Forced to Downsize Workforce Amid Changing Market Conditions-thumnail

E-Commerce Giant eBay Forced to Downsize Workforce Amid Changing Market Conditions

In yet another instance of Big Tech firms readjusting their payroll, online marketplace eBay announced it will lay off approximately 1000 employees or 9% of its workforce. Citing organisational changes

Business

Jan 24, 2024

To Boost Manufacturing, Apparel Exporters Seek Tax Incentives in Budget 2024-thumnail

To Boost Manufacturing, Apparel Exporters Seek Tax Incentives in Budget 2024

In order to increase domestic manufacturing and India’s outward shipments, the apparel exporters’ group, AEPC, on Wednesday called for tax advantages like uniformity in GST and more interest subsidies. Tax

Business

Jan 24, 2024

Major International Asset Managers Increased Holdings in Adani Group’s Dollar Bonds-thumnail

Major International Asset Managers Increased Holdings in Adani Group’s Dollar Bonds

Despite facing significant losses after the Hindenburg Research report alleged irregularities in Adani Group’s operations, some major international asset managers increased their holdings in the conglomerate’s dollar bonds over the

Business

Jan 24, 2024

Regulators Provide Leeway to Offshore Funds on Disclosure Compliance -thumnail

Regulators Provide Leeway to Offshore Funds on Disclosure Compliance 

The Securities and Exchange Board of India (SEBI), the country’s markets regulator, has granted offshore funds an additional seven months to comply with disclosure requirements around investor data, according to

Business

Jan 24, 2024

AM Renewable Partners With Envision Energy for Wind Turbines and Renewable Hydrogen-thumnail

AM Renewable Partners With Envision Energy for Wind Turbines and Renewable Hydrogen

AM Green, a hydrogen and green ammonia venture wholly owned and controlled by Greenko Group’s founders, has signed a Memorandum of Understanding (MOU) with Shanghai-based Envision Energy International to manufacture

Business

Jan 24, 2024

With 100 Million Smartphones Sold in India in 5 Years, Realme Will Now Focus On Branding-thumnail

With 100 Million Smartphones Sold in India in 5 Years, Realme Will Now Focus On Branding

In just five years since its founding, Chinese smartphone manufacturer Realme has shipped more than 100 million smartphones to India. This year, Vice President Chase Xu of the company will

Business

Jan 24, 2024

Exclusive: Tesla Expects to Develop New Electric Vehicles in Mid-2025, According to Insiders-thumnail

Exclusive: Tesla Expects to Develop New Electric Vehicles in Mid-2025, According to Insiders

Tesla has informed suppliers that it intends to begin manufacturing a new mass-market electric car dubbed “Redwood” in mid-2025, according to four people familiar with the topic, two of whom

Business

Jan 24, 2024

Cement Sector to Add 150-160 Million Tons of Capacity by FY28: Report-thumnail

Cement Sector to Add 150-160 Million Tons of Capacity by FY28: Report

According to a Crisil research study issued on Tuesday, India’s cement business would add 150-160 million tonnes per year (MTPA) capacity through both organic and inorganic methods by FY28.  According

Business

Jan 23, 2024


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