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Japanese tech giant SoftBank is likely to offload Zomato shares as lock-in Period ends-thumnail

Japanese tech giant SoftBank is likely to offload Zomato shares as lock-in Period ends

SoftBank, the technology company is preparing to divest its shares in Zomato as the lock-in period following the Blinkit deal comes to an end.

Business

Aug 25, 2023

Key leadership changes at PayU ahead of IPO, Anirban Mukherjee likely to be PayU Global CEO-thumnail

Key leadership changes at PayU ahead of IPO, Anirban Mukherjee likely to be PayU Global CEO

PayU, the fintech company backed by Prosus is going through some changes, in its leadership team after selling its global payments division to Rapyd. It is expected that CEO Laurent Le Moal, CFO Aakash Moondhra, and other executives will be leaving.

Business

Aug 25, 2023

Huawei renews its patent licensing agreement with Ericsson-thumnail

Huawei renews its patent licensing agreement with Ericsson

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.

Business

Aug 25, 2023

Thai exports dropped more than estimated in July, seen ascending in Q4-thumnail

Thai exports dropped more than estimated in July, seen ascending in Q4

Thai Exports shrank for a tenth sequential month in July, and by a far greater rate than anticipated, as worldwide interest stays drowsy, and the business service said on Friday it would be challenging to meet its entire year’s development target.

Business

Aug 25, 2023

Reliance Industries likely to sell another 8-10% stake in Reliance Retail Ventures-thumnail

Reliance Industries likely to sell another 8-10% stake in Reliance Retail Ventures

Reliance Industries, a conglomerate is considering selling a 8 10% stake, in Reliance Retail Ventures. The purpose of this move is to fund expansion plans reduce debt and prepare for a listing.

Business

Aug 25, 2023

Mastercard and crypto exchange Binance ends their crypto card partnerships-thumnail

Mastercard and crypto exchange Binance ends their crypto card partnerships

Mastercard and Binance have announced that they will suspend their cryptocurrency card services, in Argentina, Brazil, Colombia, and Bahrain starting from September 22nd.

Business

Aug 25, 2023

Arrcus Extends its Impression in the Japanese Systems Administration Market-thumnail

Arrcus Extends its Impression in the Japanese Systems Administration Market

Arrcus, the hyperscale Networking Software Company and a forerunner in centre, edge, and multi-cloud steering and exchanging foundation, today reported a significant achievement as associations with ITOCHU Techno-Arrangements Company, NEC Companies and Framework Reconciliation Enterprise (NESIC ) and APRESIA in its extension in the Japan market to all the more comprehensively convey forefront Networking arrangements.

Business

Aug 25, 2023

Reliance Infrastructure and Reliance Power raises ₹1,043 crores from Reliance Commercial Finance -thumnail

Reliance Infrastructure and Reliance Power raises ₹1,043 crores from Reliance Commercial Finance 

Reliance Infrastructure and Reliance Power, which are companies, under the Anil Ambani group plan to raise ₹1,043 crore through shares from Reliance Commercial Finance.

Business

Aug 25, 2023

IIT Bombay receives 160 crore from anonymous donor for Green Energy Research Hub-thumnail

IIT Bombay receives 160 crore from anonymous donor for Green Energy Research Hub

IIT Bombay has recently received a donation of Rs 160 crore, from a donor. This significant contribution will be utilized to establish a Research Hub focused on Green Energy and Sustainability.

Business

Aug 25, 2023

Rafael Nadal was appointed by Infosys as the company’s brand and digital innovation ambassador-thumnail

Rafael Nadal was appointed by Infosys as the company’s brand and digital innovation ambassador

Rafael Nadal and IT giant Infosys have a three-year agreement that was revealed on Thursday. He is regarded as one of the greatest athletes of all time, but he has also shown the capacity to adapt to the demands of tennis as they have changed through time.

Business

Aug 24, 2023

Real money gaming startup Fantok suspends operations following 28% GST on gaming-thumnail

Real money gaming startup Fantok suspends operations following 28% GST on gaming

Fantok, a real money gaming startup, has temporarily ceased operations due to India’s new 28% GST on gaming startups.

Business

Aug 24, 2023

Worldly Delegates Store network and Chance Pioneers Scott Stephenson and Colin Browne as New Board Members-thumnail

Worldly Delegates Store network and Chance Pioneers Scott Stephenson and Colin Browne as New Board Members

Worldly, the planet’s most extensive effect insight stage, today reported the arrangement of two new load-up individuals.

Business

Aug 24, 2023


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