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For a $250 million investment into Mahindra InvIT, international investors APG, IFC, and AIIB compete-thumnail

For a $250 million investment into Mahindra InvIT, international investors APG, IFC, and AIIB compete

Dutch pension fund APG Asset Management are among the international investors competing to invest up to $250 million (roughly 2,080 crores) in Mahindra InvIT, according to an Economic Times report. 

Business

Aug 22, 2023

German car manufacturer Porsche planning to begin assembly of the Cayenne SUV in India-thumnail

German car manufacturer Porsche planning to begin assembly of the Cayenne SUV in India

Porsche, the luxury car manufacturer, from Germany, is apparently exploring the possibility of manufacturing its SUV, Cayenne in India.

Automotive

Aug 22, 2023

Bodhi Tree Systems buys an additional 2.89% stake in Viacom18 for Rs 953.23 crore-thumnail

Bodhi Tree Systems buys an additional 2.89% stake in Viacom18 for Rs 953.23 crore

Bodhi Tree Systems under the leadership of Uday Shankar and James Murdoch has recently purchased a 2.89% stake, in Viacom18 for an investment of Rs 953.23 crore.

Business

Aug 22, 2023

India Inc. has the possibility to earn Rs. 7,500 crores by volunteering for various causes-thumnail

India Inc. has the possibility to earn Rs. 7,500 crores by volunteering for various causes

According to research by the India Welfare Trust, the chance to raise Rs. 7,500 crores via staff volunteering for charitable purposes at India Inc. 

Business

Aug 21, 2023

Over 100 Jobs Are Lost At Intel In The US As The Company Seeks To Slash Costs-thumnail

Over 100 Jobs Are Lost At Intel In The US As The Company Seeks To Slash Costs

Intel, a US-based chipmaker business, has announced another wave of mass layoffs. According to a report by Sacramento Inno, the corporation has eliminated 51 jobs

Business

Aug 21, 2023

Brijesh Singh is appointed senior vice president and global head of AI at Wipro-thumnail

Brijesh Singh is appointed senior vice president and global head of AI at Wipro

According to Wipro Enterprise Futuring, Brijesh Singh is now the senior vice president and worldwide head of artificial intelligence (AI).

Business

Aug 21, 2023

Before making purchases, Indians visit e-commerce websites-thumnail

Before making purchases, Indians visit e-commerce websites

For five in 10 Indian consumers, e-commerce websites and search engines are the top sources of pre-purchase information, while three in 10 check in with their family, friends, and colleagues before deciding on a purchase.

Business

Aug 21, 2023

Atlassian, Sydney-headquartered software company, plans to set up data centers in India-thumnail

Atlassian, Sydney-headquartered software company, plans to set up data centers in India

Atlassian the software company headquartered in Sydney plans to make investments, in data centers located in India. This decision is driven by the country’s flourishing economy and the availability of professionals.

Business

Aug 21, 2023

HonorTech will relaunch the Honor brand in India with an initial investment of Rs 1,000 crore-thumnail

HonorTech will relaunch the Honor brand in India with an initial investment of Rs 1,000 crore

HonorTech, a company to make a comeback, in India’s smartphone industry has announced a significant initial investment of Rs 1,000 crore.

Business

Aug 21, 2023

Jio Financial Services debuted on the stock exchanges in August at Rs 265-thumnail

Jio Financial Services debuted on the stock exchanges in August at Rs 265

Jio Financial Services made its entry, into the stock market on August 21st starting at a price of Rs 265, which was quite close to its discovered price of Rs 261.85. Alongside its activities in NBFC and credit markets, the company has plans to venture into insurance, digital payments, and asset management.

Business

Aug 21, 2023

Veda VC, an early-stage venture capital fund, announces the first close of its Rs. 250 crore corpus-thumnail

Veda VC, an early-stage venture capital fund, announces the first close of its Rs. 250 crore corpus

Veda VC, a venture capital fund, at a stage, has successfully raised a funding round of Rs 250 crore. The funding was led by family offices and leaders in the startup industry.

Business

Aug 21, 2023

Tata Sons planning a £4 billion battery plant in the UK for Jaguar and Land Rover-thumnail

Tata Sons planning a £4 billion battery plant in the UK for Jaguar and Land Rover

Tata Sons are taking the initiative to build an EV battery factory, in the United Kingdom. With an investment of £4 billion, they are demonstrating their dedication to transportation and keeping up with the changing trends in the global automotive industry.

Automotive

Aug 21, 2023


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