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India’s Private Sector Space Race Heats Up As Skyroot Raises $27.5 Million-thumnail

India’s Private Sector Space Race Heats Up As Skyroot Raises $27.5 Million

Days after rival Agnikul Cosmos raised a sum comparable to Skyroot Aerospace’s, India’s Skyroot Aerospace announced on Monday that it has raised $27.5 million in a new investment round headed

Business

Oct 30, 2023

HSBC Announces $3 Billion Buyback, But Profit Disappoints on Rising Costs-thumnail

HSBC Announces $3 Billion Buyback, But Profit Disappoints on Rising Costs

On Monday, HSBC announced a new $3 billion share repurchase program and more than doubled its third-quarter earnings, but the results fell short of expectations due to rising operational and

Business

Oct 30, 2023

For The First Time In 25 Years, Hiring In The Indian IT Sector is Declining-thumnail

For The First Time In 25 Years, Hiring In The Indian IT Sector is Declining

The headcount in the top ten Indian IT businesses declined by 51,744 persons to 2.06 million at the end of the July-September quarter. Despite expenditure cuts by Western nations and

Business

Oct 30, 2023

To Promote Indian Games Globally, Nazara Launches A Game Publishing Platform For Developers-thumnail

To Promote Indian Games Globally, Nazara Launches A Game Publishing Platform For Developers

According to corporate papers, online gaming and esports startup Nazara Technologies is introducing Nazara Publishing, a publishing platform enabling developers worldwide to exhibit their games in India. In the next

Business

Oct 30, 2023

Diwali Gold Investment: Opportunities And Considerations In The Indian Market-thumnail

Diwali Gold Investment: Opportunities And Considerations In The Indian Market

Diwali and the Precious Metal Market With the advent of Diwali, the realm of gold prices is experiencing an upswing, prompting contemplation regarding potential investments in this valuable metal. The

Business

Oct 30, 2023

Ultratech Cement Will Invest A Further 13,000 Crore To Expand Capacity-thumnail

Ultratech Cement Will Invest A Further 13,000 Crore To Expand Capacity

UltraTech Cement Limited has authorized a new investment of 13,000 crore to boost its capacity by another 21.9 million tonnes per year (MTPA) via a combination of brownfield and greenfield

Business

Oct 28, 2023

Ericsson Launched The ‘India 6g’ Initiative At Its Chennai R&d Center-thumnail

Ericsson Launched The ‘India 6g’ Initiative At Its Chennai R&d Center

Ericsson, the Swedish telecommunications giant, announced the commencement of its ‘India 6G’ initiative on Saturday, with the establishment of a 6G research team at its Chennai R&D center, as the

Brands

Oct 28, 2023

Flights In China Are Expected To Rise 34% Over Pre-pandemic Levels-thumnail

Flights In China Are Expected To Rise 34% Over Pre-pandemic Levels

China’s aviation authority announced plans to expand domestic flights by 34% over pre-pandemic levels, boosting the recovery of Chinese carriers. Before COVID-19, travel and tourism had grown to be one

Business

Oct 28, 2023

Airtel Collaborates With Microsoft To Provide Integrated Calling Services Via Airtel Iq For Teams-thumnail

Airtel Collaborates With Microsoft To Provide Integrated Calling Services Via Airtel Iq For Teams

Airtel, India’s leading telecommunications service provider, has announced a collaboration with Microsoft to deliver calling services on Microsoft Teams via an interface with Airtel IQ. Airtel held a 32.2 percent

Business

Oct 28, 2023

Greaves Electric Is Fined Rs 125 Crore For Violating Fame-II Subsidy Rules-thumnail

Greaves Electric Is Fined Rs 125 Crore For Violating Fame-II Subsidy Rules

Greaves is one of seven electric two-wheeler (e2W) manufacturers accused by the government of selling cars that do not meet the localization criteria. Greaves Electric Mobility (previously Ampere Electric Vehicles)

Business

Oct 28, 2023

The Crypto Unicorn CoinDCX Anticipates That The Government Will Reduce The Levy That Has Stifled Trade-thumnail

The Crypto Unicorn CoinDCX Anticipates That The Government Will Reduce The Levy That Has Stifled Trade

Earlier in 2023, the firm cut its workforce by 12%, and it now employs around 550 people. Operating revenue and cash on hand provide CoinDCX with a five-year “runway,” according

Business

Oct 28, 2023

Google Has Agreed To Spend Up To $2 Billion In OpenAI Competitor Anthropic Technologies.-thumnail

Google Has Agreed To Spend Up To $2 Billion In OpenAI Competitor Anthropic Technologies.

Google is already an Anthropic investor, and the new investment would signal a step up in the company’s efforts to compete with Microsoft, a key supporter of ChatGPT inventor OpenAI,

Brands

Oct 28, 2023


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